BBRT.L vs. JEPE.L

Last updated Jun 26, 2026

BBRT.L (JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc)) and JEPE.L (JPMorgan Europe Equity Premium Income Active UCITS ETF EUR (Dist)) are both exchange-traded funds - BBRT.L is a Government Bonds fund tracking the J.P. Morgan Government Bond US Index, while JEPE.L is a Derivative Income fund actively managed by JPMorgan. BBRT.L is passively managed, while JEPE.L is actively managed. At a correlation of -0.06, they often move in opposite directions. BBRT.L charges 0.07%/yr vs 0.35%/yr for JEPE.L.

Performance

BBRT.L vs. JEPE.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc) (BBRT.L) and JPMorgan Europe Equity Premium Income Active UCITS ETF EUR (Dist) (JEPE.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

BBRT.L is traded in GBP, while JEPE.L is traded in EUR. To make them comparable, the JEPE.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

BBRT.L

• 1D: -0.27%
• 1M: 2.80%
• YTD: 2.17%
• 6M: 2.98%
• 1Y: 6.78%
• 3Y*: 1.61%
• 5Y*: 0.53%
• 10Y*: —

JEPE.L

• 1D: 0.00%
• 1M: 1.46%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BBRT.L vs. JEPE.L - Yearly Performance Comparison

	2026 (YTD)
BBRT.L JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc)	2.49%
JEPE.L JPMorgan Europe Equity Premium Income Active UCITS ETF EUR (Dist)	3.93%

Correlation

The correlation between BBRT.L and JEPE.L is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 16, 2026	-0.06

Return for Risk

BBRT.L vs. JEPE.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BBRT.L

BBRT.L Risk / Return Rank: 30
BBRT.L Sharpe Ratio Rank: 33
BBRT.L Sortino Ratio Rank: 35
BBRT.L Omega Ratio Rank: 30
BBRT.L Calmar Ratio Rank: 28
BBRT.L Martin Ratio Rank: 24

JEPE.L

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BBRT.L vs. JEPE.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc) (BBRT.L) and JPMorgan Europe Equity Premium Income Active UCITS ETF EUR (Dist) (JEPE.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BBRT.L	JEPE.L	Difference
Sharpe ratio: Return per unit of total volatility	1.09	—	—
Sortino ratio: Return per unit of downside risk	1.69	—	—
Omega ratio: Gain probability vs. loss probability	1.19	—	—
Calmar ratio: Return relative to maximum drawdown	1.29	—	—
Martin ratio: Return relative to average drawdown	2.99	—	—

Drawdowns

BBRT.L vs. JEPE.L - Drawdown Comparison

The maximum BBRT.L drawdown since its inception was -25.00%, which is greater than JEPE.L's maximum drawdown of -9.52%. Use the drawdown chart below to compare losses from any high point for BBRT.L and JEPE.L.

Drawdown Indicators

	BBRT.L	JEPE.L	Difference
Max Drawdown Largest peak-to-trough decline	-25.00%	-9.52%	-15.48%
Max Drawdown (1Y) Largest decline over 1 year	-5.22%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-8.23%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.20%	—	—
Current Drawdown Current decline from peak	-18.56%	-0.27%	-18.29%
Average Drawdown Average peak-to-trough decline	-18.71%	-3.11%	-15.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.26%	—	—

Volatility

Volatility by Period

	BBRT.L	JEPE.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.78%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.62%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.17%	13.95%	-7.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.82%	13.95%	-5.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.03%	13.95%	-0.92%

BBRT.L vs. JEPE.L - Expense Ratio Comparison

BBRT.L has a 0.07% expense ratio, which is lower than JEPE.L's 0.35% expense ratio.

Dividends

BBRT.L vs. JEPE.L - Dividend Comparison

BBRT.L has not paid dividends to shareholders, while JEPE.L's dividend yield for the trailing twelve months is around 3.17%.

Position	TTM
BBRT.L JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc)	0.00%
JEPE.L JPMorgan Europe Equity Premium Income Active UCITS ETF EUR (Dist)	3.17%

Frequently Asked Questions

Can I hold both BBRT.L and JEPE.L in my portfolio?

BBRT.L and JEPE.L have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BBRT.L or JEPE.L?

On fees, BBRT.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BBRT.L or JEPE.L?

BBRT.L is cheaper with a 0.07% expense ratio, compared with 0.35% for JEPE.L.

What is the main difference between BBRT.L and JEPE.L?

BBRT.L is categorized as Government Bonds, while JEPE.L is Derivative Income. Their fees differ too: 0.07% for BBRT.L and 0.35% for JEPE.L.