BBSB vs. GGOV
BBSB (JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF) and GGOV (iShares Global Government Bond USD Hedged Active ETF) are both exchange-traded funds - BBSB is a Government Bonds fund tracking the ICE U.S. Treasury 1-3 Year Bond Index, while GGOV is a Global Bonds fund managed by iShares. Over the past year, BBSB returned 3.02% vs 0.04% for GGOV. A 0.55 correlation means they provide meaningful diversification when combined. BBSB charges 0.04%/yr vs 0.39%/yr for GGOV.
Performance
BBSB vs. GGOV - Performance Comparison
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Returns By Period
In the year-to-date period, BBSB achieves a 0.62% return, which is significantly lower than GGOV's 2.92% return.
BBSB
- 1D
- 0.04%
- 1M
- 0.17%
- YTD
- 0.62%
- 6M
- 0.73%
- 1Y
- 3.02%
- 3Y*
- 4.23%
- 5Y*
- —
- 10Y*
- —
GGOV
- 1D
- 0.07%
- 1M
- 0.58%
- YTD
- 2.92%
- 6M
- 2.69%
- 1Y
- 0.04%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BBSB vs. GGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BBSB JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF | 0.62% | 2.39% |
GGOV iShares Global Government Bond USD Hedged Active ETF | 2.92% | -2.80% |
Correlation
The correlation between BBSB and GGOV is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025 | 0.55 |
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Return for Risk
BBSB vs. GGOV — Risk / Return Rank
BBSB
GGOV
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BBSB vs. GGOV - 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 iShares Global Government Bond USD Hedged Active ETF (GGOV). 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.
| BBSB | GGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.49 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.55 | — | — |
| Martin ratioReturn relative to average drawdown | 14.15 | — | — |
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Drawdowns
BBSB vs. GGOV - Drawdown Comparison
The maximum BBSB drawdown since its inception was -1.57%, smaller than the maximum GGOV drawdown of -4.69%. Use the drawdown chart below to compare losses from any high point for BBSB and GGOV.
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Drawdown Indicators
| BBSB | GGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.57% | -4.69% | +3.12% |
Max Drawdown (1Y)Largest decline over 1 year | -0.86% | -4.69% | +3.83% |
Max Drawdown (3Y)Largest decline over 3 years | -0.96% | — | — |
Current DrawdownCurrent decline from peak | -0.10% | -0.91% | +0.81% |
Average DrawdownAverage peak-to-trough decline | -0.31% | -1.56% | +1.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.21% | — | — |
Volatility
BBSB vs. GGOV - Volatility Comparison
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Volatility by Period
| BBSB | GGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.40% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 0.90% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.27% | 5.26% | -3.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.66% | 5.26% | -3.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.66% | 5.26% | -3.60% |
BBSB vs. GGOV - Expense Ratio Comparison
BBSB has a 0.04% expense ratio, which is lower than GGOV's 0.39% expense ratio.
Dividends
BBSB vs. GGOV - Dividend Comparison
BBSB's dividend yield for the trailing twelve months is around 3.80%, while GGOV has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
BBSB JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF | 3.80% | 3.69% | 4.84% | 3.50% |
GGOV iShares Global Government Bond USD Hedged Active ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BBSB and GGOV have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On 1-year performance, BBSB leads with 3.02% vs 0.04% for GGOV. 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.
Over the 1-year period, BBSB has performed better with a 3.02% return vs 0.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BBSB is cheaper with a 0.04% expense ratio, compared with 0.39% for GGOV.
BBSB has the higher dividend yield at 3.80%, compared with 0.00% for GGOV.
BBSB is categorized as Government Bonds, while GGOV is Global Bonds. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.04% for BBSB and 0.39% for GGOV.
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