BBRT.L vs. JGRE.L
BBRT.L (JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc)) and JGRE.L (JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc)) are both exchange-traded funds - BBRT.L is a Government Bonds fund tracking the J.P. Morgan Government Bond US Index, while JGRE.L is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 5 years, BBRT.L returned 0.50%/yr vs 13.30%/yr for JGRE.L. At a 0.02 correlation, their price movements are largely independent. BBRT.L charges 0.07%/yr vs 0.25%/yr for JGRE.L.
Performance
BBRT.L vs. JGRE.L - Performance Comparison
Loading charts...
Different Trading Currencies
BBRT.L is traded in GBP, while JGRE.L is traded in GBp. To make them comparable, the JGRE.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, BBRT.L achieves a -0.18% return, which is significantly lower than JGRE.L's 9.61% return.
BBRT.L
- 1D
- 0.22%
- 1M
- 1.14%
- YTD
- -0.18%
- 6M
- -0.65%
- 1Y
- 4.56%
- 3Y*
- 0.09%
- 5Y*
- 0.50%
- 10Y*
- —
JGRE.L
- 1D
- 0.12%
- 1M
- 4.66%
- YTD
- 9.61%
- 6M
- 10.05%
- 1Y
- 26.28%
- 3Y*
- 17.09%
- 5Y*
- 13.30%
- 10Y*
- —
BBRT.L vs. JGRE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
BBRT.L JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc) | -0.18% | -0.87% | 2.21% | -1.99% | -2.50% | -1.20% | 4.45% | 3.80% |
JGRE.L JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) | 9.61% | 11.65% | 20.63% | 18.59% | -7.77% | 25.92% | 13.21% | 10.82% |
Correlation
The correlation between BBRT.L and JGRE.L is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since May 8, 2019 | 0.02 |
The correlation between BBRT.L and JGRE.L shifts across timeframes, from 0.01 (5 years) to 0.15 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BBRT.L vs. JGRE.L — Risk / Return Rank
BBRT.L
JGRE.L
BBRT.L vs. JGRE.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 Global Research Enhanced Index Equity UCITS ETF - USD (acc) (JGRE.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.
| BBRT.L | JGRE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.84 | ||
| Sortino ratioReturn per unit of downside risk | -2.41 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.49 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 0.87 | 3.93 | -3.07 |
| Martin ratioReturn relative to average drawdown | 2.05 | 16.25 | -14.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BBRT.L | JGRE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.74 | 2.59 | -1.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.06 | 1.01 | -0.95 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.92 | -0.87 |
Drawdowns
BBRT.L vs. JGRE.L - Drawdown Comparison
The maximum BBRT.L drawdown since its inception was -24.57%, roughly equal to the maximum JGRE.L drawdown of -25.31%. Use the drawdown chart below to compare losses from any high point for BBRT.L and JGRE.L.
Loading charts...
Drawdown Indicators
| BBRT.L | JGRE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.57% | -25.31% | +0.74% |
Max Drawdown (1Y)Largest decline over 1 year | -5.22% | -6.65% | +1.43% |
Max Drawdown (3Y)Largest decline over 3 years | -8.23% | -18.49% | +10.26% |
Max Drawdown (5Y)Largest decline over 5 years | -16.20% | -18.49% | +2.29% |
Current DrawdownCurrent decline from peak | -19.97% | -0.17% | -19.80% |
Average DrawdownAverage peak-to-trough decline | -16.82% | -3.10% | -13.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.21% | 1.61% | +0.60% |
Volatility
BBRT.L vs. JGRE.L - Volatility Comparison
The current volatility for JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc) (BBRT.L) is 1.49%, while JPMorgan Global Research Enhanced Index Equity UCITS ETF - USD (acc) (JGRE.L) has a volatility of 2.48%. This indicates that BBRT.L experiences smaller price fluctuations and is considered to be less risky than JGRE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BBRT.L | JGRE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.49% | 2.48% | -0.99% |
Volatility (6M)Calculated over the trailing 6-month period | 4.49% | 7.20% | -2.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.10% | 10.12% | -4.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.83% | 13.16% | -4.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.57% | 15.06% | -5.49% |
BBRT.L vs. JGRE.L - Expense Ratio Comparison
BBRT.L has a 0.07% expense ratio, which is lower than JGRE.L's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
BBRT.L vs. JGRE.L - Dividend Comparison
Neither BBRT.L nor JGRE.L has paid dividends to shareholders.
Frequently Asked Questions
BBRT.L and JGRE.L have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
BBRT.L is cheaper with a 0.07% expense ratio, compared with 0.25% for JGRE.L.
BBRT.L is categorized as Government Bonds, while JGRE.L is Global Equities. BBRT.L tracks J.P. Morgan Government Bond US Index, while JGRE.L tracks MSCI ACWI NR USD. Their fees differ too: 0.07% for BBRT.L and 0.25% for JGRE.L.
Find the right allocation for BBRT.L and JGRE.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer