BBSB vs. IBTF

Last updated Apr 1, 2026

Compare and contrast key facts about Jpmorgan Betabuilders U.S. Treasury Bond 1-3 Year ETF (BBSB) and iShares iBonds Dec 2025 Term Treasury ETF (IBTF).

BBSB and IBTF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BBSB is a passively managed fund by JPMorgan that tracks the performance of the ICE BofA US Treasury Bond (1-3 Y). It was launched on Apr 19, 2023. IBTF is a passively managed fund by iShares that tracks the performance of the ICE 2025 Maturity US Treasury Index. It was launched on Feb 25, 2020. Both BBSB and IBTF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

BBSB vs. IBTF - 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 iShares iBonds Dec 2025 Term Treasury ETF (IBTF). The values are adjusted to include any dividend payments, if applicable.

BBSB vs. IBTF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BBSB Jpmorgan Betabuilders U.S. Treasury Bond 1-3 Year ETF	0.28%	5.12%	4.00%	2.56%
IBTF iShares iBonds Dec 2025 Term Treasury ETF	0.00%	3.81%	4.60%	2.33%

Returns By Period

BBSB

• 1D: 0.09%
• 1M: -0.45%
• YTD: 0.28%
• 6M: 1.38%
• 1Y: 3.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBTF

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 0.73%
• 1Y: 2.88%
• 3Y*: 3.59%
• 5Y*: 1.00%
• 10Y*: —

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

BBSB vs. IBTF - Expense Ratio Comparison

Both BBSB and IBTF have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

BBSB

Jpmorgan Betabuilders U.S. Treasury Bond 1-3 Year ETF

IBTF

iShares iBonds Dec 2025 Term Treasury ETF

Return for Risk

BBSB vs. IBTF — Risk / Return Rank

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

BBSB

BBSB Risk / Return Rank: 96
BBSB Sharpe Ratio Rank: 96
BBSB Sortino Ratio Rank: 98
BBSB Omega Ratio Rank: 97
BBSB Calmar Ratio Rank: 96
BBSB Martin Ratio Rank: 96

IBTF

IBTF Risk / Return Rank: 99
IBTF Sharpe Ratio Rank: 99
IBTF Sortino Ratio Rank: 99
IBTF Omega Ratio Rank: 99
IBTF Calmar Ratio Rank: 100
IBTF Martin Ratio Rank: 100

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. IBTF - 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 iBonds Dec 2025 Term Treasury ETF (IBTF). 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	IBTF	Difference
Sharpe ratio Return per unit of total volatility	2.57	7.41	-4.84
Sortino ratio Return per unit of downside risk	4.14	17.29	-13.15
Omega ratio Gain probability vs. loss probability	1.54	4.32	-2.78
Calmar ratio Return relative to maximum drawdown	4.43	82.67	-78.24
Martin ratio Return relative to average drawdown	17.33	244.42	-227.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBSB vs. IBTF - Sharpe Ratio Comparison

The current BBSB Sharpe Ratio is 2.57, which is lower than the IBTF Sharpe Ratio of 7.41. The chart below compares the historical Sharpe Ratios of BBSB and IBTF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BBSB	IBTF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.57	7.41	-4.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.43	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.42	0.45	+1.97

Correlation

The correlation between BBSB and IBTF is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BBSB vs. IBTF - Dividend Comparison

BBSB's dividend yield for the trailing twelve months is around 3.88%, more than IBTF's 3.14% yield.

	TTM	2025	2024	2023	2022	2021	2020
BBSB Jpmorgan Betabuilders U.S. Treasury Bond 1-3 Year ETF	3.88%	3.69%	4.84%	3.50%	0.00%	0.00%	0.00%
IBTF iShares iBonds Dec 2025 Term Treasury ETF	3.14%	3.83%	4.32%	4.03%	1.93%	0.57%	0.59%

Drawdowns

BBSB vs. IBTF - Drawdown Comparison

The maximum BBSB drawdown since its inception was -1.57%, smaller than the maximum IBTF drawdown of -10.45%. Use the drawdown chart below to compare losses from any high point for BBSB and IBTF.

Drawdown Indicators

	BBSB	IBTF	Difference
Max Drawdown Largest peak-to-trough decline	-1.57%	-10.45%	+8.88%
Max Drawdown (1Y) Largest decline over 1 year	-0.86%	-0.04%	-0.82%
Max Drawdown (5Y) Largest decline over 5 years	—	-9.53%	—
Current Drawdown Current decline from peak	-0.45%	0.00%	-0.45%
Average Drawdown Average peak-to-trough decline	-0.31%	-3.42%	+3.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.22%	0.01%	+0.21%

Volatility

BBSB vs. IBTF - Volatility Comparison

Jpmorgan Betabuilders U.S. Treasury Bond 1-3 Year ETF (BBSB) has a higher volatility of 0.51% compared to iShares iBonds Dec 2025 Term Treasury ETF (IBTF) at 0.00%. This indicates that BBSB's price experiences larger fluctuations and is considered to be riskier than IBTF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBSB	IBTF	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.51%	0.00%	+0.51%
Volatility (6M) Calculated over the trailing 6-month period	0.83%	0.25%	+0.58%
Volatility (1Y) Calculated over the trailing 1-year period	1.46%	0.46%	+1.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.69%	2.39%	-0.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.69%	2.60%	-0.91%