BBSB vs. BLST

Last updated Jun 4, 2026

BBSB (JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF) and BLST (Bluemonte Short Term Bond ETF) are both exchange-traded funds - BBSB is a Government Bonds fund tracking the ICE U.S. Treasury 1-3 Year Bond Index, while BLST is a Short-Term Bond fund managed by Bluemonte. Their correlation of 0.85 suggests significant overlap in exposure. BBSB charges 0.04%/yr vs 0.23%/yr for BLST.

Performance

BBSB vs. BLST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF (BBSB) and Bluemonte Short Term Bond ETF (BLST). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBSB achieves a 0.47% return, which is significantly higher than BLST's 0.25% return.

BBSB

• 1D: -0.05%
• 1M: 0.10%
• YTD: 0.47%
• 6M: 0.74%
• 1Y: 3.43%
• 3Y*: 4.15%
• 5Y*: —
• 10Y*: —

BLST

• 1D: -0.10%
• 1M: 0.11%
• YTD: 0.25%
• 6M: 0.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BBSB vs. BLST - Yearly Performance Comparison

	2026 (YTD)	2025
BBSB JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF	0.47%	2.49%
BLST Bluemonte Short Term Bond ETF	0.25%	2.88%

Correlation

The correlation between BBSB and BLST is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 24, 2025	0.85

BBSB vs. BLST - Sectors Allocation Comparison

Sectors	BBSB	BLST
Communication Services	99.7%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	100.0%
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

BBSB vs. BLST — Risk / Return Rank

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

BBSB

BBSB Risk / Return Rank: 85
BBSB Sharpe Ratio Rank: 83
BBSB Sortino Ratio Rank: 93
BBSB Omega Ratio Rank: 89
BBSB Calmar Ratio Rank: 79
BBSB Martin Ratio Rank: 82

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.

BBSB vs. BLST - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF (BBSB) and Bluemonte Short Term Bond ETF (BLST). 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.

	BBSB	BLST	Difference
Sharpe ratio: Return per unit of total volatility	2.71	—	—
Sortino ratio: Return per unit of downside risk	4.61	—	—
Omega ratio: Gain probability vs. loss probability	1.56	—	—
Calmar ratio: Return relative to maximum drawdown	4.02	—	—
Martin ratio: Return relative to average drawdown	16.55	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BBSB	BLST	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.71	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.35	1.51	+0.85

Drawdowns

BBSB vs. BLST - Drawdown Comparison

The maximum BBSB drawdown since its inception was -1.57%, smaller than the maximum BLST drawdown of -1.69%. Use the drawdown chart below to compare losses from any high point for BBSB and BLST.

Drawdown Indicators

	BBSB	BLST	Difference
Max Drawdown Largest peak-to-trough decline	-1.57%	-1.69%	+0.12%
Max Drawdown (1Y) Largest decline over 1 year	-0.86%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-0.96%	—	—
Current Drawdown Current decline from peak	-0.25%	-0.92%	+0.67%
Average Drawdown Average peak-to-trough decline	-0.31%	-0.35%	+0.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.21%	—	—

Volatility

Volatility by Period

	BBSB	BLST	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.36%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.85%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.27%	2.21%	-0.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.66%	2.21%	-0.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.66%	2.21%	-0.55%

BBSB vs. BLST - Expense Ratio Comparison

BBSB has a 0.04% expense ratio, which is lower than BLST's 0.23% 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

BBSB vs. BLST - Dividend Comparison

BBSB's dividend yield for the trailing twelve months is around 3.81%, more than BLST's 3.38% yield.

Position	TTM	2025	2024	2023
BBSB JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF	3.81%	3.69%	4.84%	3.50%
BLST Bluemonte Short Term Bond ETF	3.38%	2.11%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BBSB and BLST in my portfolio?

BBSB and BLST have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BBSB or BLST?

On fees, BBSB is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BBSB or BLST?

BBSB is cheaper with a 0.04% expense ratio, compared with 0.23% for BLST.

Which ETF pays a higher dividend yield, BBSB or BLST?

BBSB has the higher dividend yield at 3.81%, compared with 3.38% for BLST.

What is the main difference between BBSB and BLST?

BBSB is categorized as Government Bonds, while BLST is Short-Term Bond. They also come from different issuers: JPMorgan and Bluemonte. Their fees differ too: 0.04% for BBSB and 0.23% for BLST.