BBSA vs. SGOV
Compare and contrast key facts about JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF (BBSA) and iShares 0-3 Month Treasury Bond ETF (SGOV).
BBSA and SGOV 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. SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Bill Index. It was launched on May 26, 2020. Both BBSA and SGOV 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 SGOV.
Performance
BBSA vs. SGOV - Performance Comparison
Returns By Period
In the year-to-date period, BBSA achieves a 3.82% return, which is significantly lower than SGOV's 4.73% return.
BBSA
3.82%
0.00%
3.57%
6.13%
1.26%
N/A
SGOV
4.73%
0.39%
2.59%
5.36%
N/A
N/A
Key characteristics
| BBSA | SGOV | |
|---|---|---|
| Sharpe Ratio | 2.73 | 21.87 |
| Sortino Ratio | 4.30 | 525.73 |
| Omega Ratio | 1.56 | 526.73 |
| Calmar Ratio | 1.30 | 539.65 |
| Martin Ratio | 15.00 | 8,566.61 |
| Ulcer Index | 0.51% | 0.00% |
| Daily Std Dev | 2.82% | 0.25% |
| Max Drawdown | -9.03% | -0.03% |
| Current Drawdown | -0.84% | 0.00% |
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BBSA vs. SGOV - Expense Ratio Comparison
BBSA has a 0.05% expense ratio, which is higher than SGOV's 0.03% expense ratio. However, 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 SGOV is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
BBSA vs. SGOV - 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 0-3 Month Treasury Bond ETF (SGOV). 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. SGOV - Dividend Comparison
BBSA's dividend yield for the trailing twelve months is around 3.46%, less than SGOV's 5.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
BBSA JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF | 3.46% | 2.93% | 1.57% | 1.67% | 2.04% | 2.02% |
SGOV iShares 0-3 Month Treasury Bond ETF | 5.24% | 4.87% | 1.45% | 0.03% | 0.04% | 0.00% |
Drawdowns
BBSA vs. SGOV - Drawdown Comparison
The maximum BBSA drawdown since its inception was -9.03%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for BBSA and SGOV. For additional features, visit the drawdowns tool.
Volatility
BBSA vs. SGOV - Volatility Comparison
The current volatility for JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF (BBSA) is 0.00%, while iShares 0-3 Month Treasury Bond ETF (SGOV) has a volatility of 0.08%. This indicates that BBSA experiences smaller price fluctuations and is considered to be less risky than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.