BBSA vs. ISTB
Compare and contrast key facts about JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF (BBSA) and iShares Core 1-5 Year USD Bond ETF (ISTB).
BBSA and ISTB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BBSA is a passively managed fund by JPMorgan Chase that tracks the performance of the Bloomberg Barclays Short-Term US Aggregate Bond Index. It was launched on Mar 12, 2019. ISTB is a passively managed fund by iShares that tracks the performance of the Barclays U.S. Government/Credit 1-5 Year Bond Index. It was launched on Oct 18, 2012. Both BBSA and ISTB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BBSA or ISTB.
Performance
BBSA vs. ISTB - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with BBSA having a 3.82% return and ISTB slightly higher at 3.98%.
BBSA
3.82%
0.00%
3.57%
6.13%
1.26%
N/A
ISTB
3.98%
-0.44%
3.35%
6.43%
1.50%
1.87%
Key characteristics
| BBSA | ISTB | |
|---|---|---|
| Sharpe Ratio | 2.73 | 2.48 |
| Sortino Ratio | 4.30 | 3.82 |
| Omega Ratio | 1.56 | 1.49 |
| Calmar Ratio | 1.30 | 1.53 |
| Martin Ratio | 15.00 | 12.41 |
| Ulcer Index | 0.51% | 0.52% |
| Daily Std Dev | 2.82% | 2.61% |
| Max Drawdown | -9.03% | -9.34% |
| Current Drawdown | -0.84% | -1.08% |
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BBSA vs. ISTB - Expense Ratio Comparison
BBSA has a 0.05% expense ratio, which is lower than ISTB's 0.06% 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%.
Correlation
The correlation between BBSA and ISTB is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
BBSA vs. ISTB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF (BBSA) and iShares Core 1-5 Year USD Bond ETF (ISTB). 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.
Dividends
BBSA vs. ISTB - Dividend Comparison
BBSA's dividend yield for the trailing twelve months is around 3.46%, less than ISTB's 3.73% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBSA JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF | 3.46% | 2.93% | 1.57% | 1.67% | 2.04% | 2.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ISTB iShares Core 1-5 Year USD Bond ETF | 3.73% | 2.97% | 2.01% | 1.69% | 2.20% | 2.75% | 2.57% | 2.07% | 1.90% | 1.58% | 1.07% | 0.60% |
Drawdowns
BBSA vs. ISTB - Drawdown Comparison
The maximum BBSA drawdown since its inception was -9.03%, roughly equal to the maximum ISTB drawdown of -9.34%. Use the drawdown chart below to compare losses from any high point for BBSA and ISTB. For additional features, visit the drawdowns tool.
Volatility
BBSA vs. ISTB - Volatility Comparison
The current volatility for JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF (BBSA) is 0.00%, while iShares Core 1-5 Year USD Bond ETF (ISTB) has a volatility of 0.63%. This indicates that BBSA experiences smaller price fluctuations and is considered to be less risky than ISTB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.