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. A 0.54 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 0.55% return, which is significantly lower than GGOV's 2.16% return.
BBSB
- 1D
- 0.07%
- 1M
- 0.13%
- YTD
- 0.55%
- 6M
- 0.88%
- 1Y
- 3.32%
- 3Y*
- 4.15%
- 5Y*
- —
- 10Y*
- —
GGOV
- 1D
- -0.14%
- 1M
- -0.11%
- YTD
- 2.16%
- 6M
- -1.06%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BBSB vs. GGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BBSB JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF | 0.55% | 2.31% |
GGOV iShares Global Government Bond USD Hedged Active ETF | 2.16% | -2.81% |
Correlation
The correlation between BBSB and GGOV is 0.54, 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 27, 2025 | 0.54 |
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Return for Risk
BBSB vs. GGOV — Risk / Return Rank
BBSB
GGOV
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.
| BBSB | GGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.54 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.89 | — | — |
| Martin ratioReturn relative to average drawdown | 16.07 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BBSB | GGOV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.64 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.36 | -0.14 | +2.50 |
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% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -0.96% | — | — |
Current DrawdownCurrent decline from peak | -0.18% | -1.64% | +1.46% |
Average DrawdownAverage peak-to-trough decline | -0.31% | -1.59% | +1.28% |
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 | 0.36% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 0.85% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.27% | 5.37% | -4.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.66% | 5.37% | -3.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.66% | 5.37% | -3.71% |
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 3.81%, while GGOV has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
BBSB JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF | 3.81% | 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 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
BBSB is cheaper with a 0.04% expense ratio, compared with 0.39% for GGOV.
BBSB has the higher dividend yield at 3.81%, 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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