BBSC vs. JQUA

Last updated Aug 4, 2026

BBSC (JPMorgan BetaBuilders U.S. Small Cap Equity ETF) and JQUA (JPMorgan U.S. Quality Factor ETF) are both exchange-traded funds - BBSC is a Small Cap Blend Equities fund tracking the Morningstar US Small Cap Target Market Exposure Extended Index, while JQUA is a Quality Factor fund tracking the JP Morgan US Quality Factor Index. Both are passively managed. Over the past 5 years, BBSC returned 8.63%/yr vs 12.98%/yr for JQUA. Their correlation of 0.81 means they have usually moved in the same direction. BBSC charges 0.09%/yr vs 0.12%/yr for JQUA.

Performance

BBSC vs. JQUA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC) and JPMorgan U.S. Quality Factor ETF (JQUA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBSC achieves a 22.80% return, which is significantly higher than JQUA's 15.84% return.

BBSC

• 1D: 1.77%
• 1M: 0.16%
• 6M: 16.07%
• YTD: 22.80%
• 1Y: 39.29%
• 3Y*: 16.68%
• 5Y*: 8.63%
• 10Y*: —
• ALL TIME*: 11.85%

JQUA

• 1D: 0.79%
• 1M: 1.13%
• 6M: 13.59%
• YTD: 15.84%
• 1Y: 23.18%
• 3Y*: 19.27%
• 5Y*: 12.98%
• 10Y*: —
• ALL TIME*: 14.80%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF	$572.49K	$377.85K	$898.85K
JQUA JPMorgan U.S. Quality Factor ETF	$27.54M	$28.89M	$36.27M

BBSC vs. JQUA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF	22.80%	10.38%	12.31%	20.07%	-19.75%	15.44%	11.94%
JQUA JPMorgan U.S. Quality Factor ETF	15.84%	11.69%	21.21%	25.13%	-13.45%	28.68%	3.55%

Correlation

The correlation between BBSC and JQUA is 0.81, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.81
Correlation (3Y) Balances recent behavior with more history.	0.80
Correlation (5Y) Shows whether the relationship held over a longer period.	0.82
Correlation (All Time) Calculated using the full available price history since Nov 17, 2020	0.81

The correlation between BBSC and JQUA has been stable across timeframes, ranging from 0.80 to 0.82 - a consistent structural relationship.

BBSC vs. JQUA - Sectors Allocation Comparison

Sectors	BBSC	JQUA
Technology	18.9%	41.0%
Healthcare	16.8%	8.8%
Financial Services	15.7%	12.0%
Industrials	14.4%	8.9%
Consumer Cyclical	11.6%	9.5%
Real Estate	7.5%	2.2%
Energy	4.5%	3.3%
Basic Materials	4.0%	1.7%
Consumer Defensive	2.9%	5.2%
Communication Services	2.4%	6.2%
Utilities	1.5%	1.2%

Return for Risk

BBSC vs. JQUA — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BBSC

BBSC Risk / Return Rank: 86
BBSC Sharpe Ratio Rank: 85
BBSC Sortino Ratio Rank: 86
BBSC Omega Ratio Rank: 80
BBSC Calmar Ratio Rank: 91
BBSC Martin Ratio Rank: 87

JQUA

JQUA Risk / Return Rank: 83
JQUA Sharpe Ratio Rank: 82
JQUA Sortino Ratio Rank: 82
JQUA Omega Ratio Rank: 79
JQUA Calmar Ratio Rank: 85
JQUA Martin Ratio Rank: 88

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BBSC vs. JQUA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC) and JPMorgan U.S. Quality Factor ETF (JQUA). 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.

	BBSC	JQUA	Difference
Sharpe ratio: Return per unit of total volatility	2.09	1.94	+0.14
Sortino ratio: Return per unit of downside risk	2.95	2.73	+0.22
Omega ratio: Gain probability vs. loss probability	1.35	1.34	+0.01
Calmar ratio: Return relative to maximum drawdown	4.14	3.27	+0.87
Martin ratio: Return relative to average drawdown	13.57	13.35	+0.22

BBSC vs. JQUA - Sharpe Ratio Comparison

The current BBSC Sharpe Ratio is 2.09, which is comparable to the JQUA Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of BBSC and JQUA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BBSC vs. JQUA - Drawdown Comparison

The maximum BBSC drawdown since its inception was -30.96%, smaller than the maximum JQUA drawdown of -32.92%. Use the drawdown chart below to compare losses from any high point for BBSC and JQUA.

Drawdown Indicators

	BBSC	JQUA	Difference
Max Drawdown Largest peak-to-trough decline	-30.96%	-32.92%	+1.96%
Max Drawdown (1Y) Largest decline over 1 year	-9.54%	-7.13%	-2.41%
Max Drawdown (3Y) Largest decline over 3 years	-29.32%	-16.81%	-12.51%
Max Drawdown (5Y) Largest decline over 5 years	-30.96%	-22.47%	-8.49%
Current Drawdown Current decline from peak	-1.07%	0.00%	-1.07%
Average Drawdown Average peak-to-trough decline	-11.20%	-4.10%	-7.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.90%	1.74%	+1.16%

Volatility

BBSC vs. JQUA - Volatility Comparison

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC) has a higher volatility of 4.16% compared to JPMorgan U.S. Quality Factor ETF (JQUA) at 2.46%. This indicates that BBSC's price experiences larger fluctuations and is considered to be riskier than JQUA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBSC	JQUA	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.16%	2.46%	+1.70%
Volatility (6M) Calculated over the trailing 6-month period	13.23%	9.45%	+3.78%
Volatility (1Y) Calculated over the trailing 1-year period	18.96%	12.01%	+6.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.88%	15.73%	+7.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.69%	17.92%	+4.77%

BBSC vs. JQUA - Expense Ratio Comparison

BBSC has a 0.09% expense ratio, which is lower than JQUA's 0.12% 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

BBSC vs. JQUA - Dividend Comparison

BBSC's dividend yield for the trailing twelve months is around 0.99%, less than JQUA's 1.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF	0.99%	1.13%	1.29%	1.58%	1.37%	1.06%	0.18%	0.00%	0.00%	0.00%
JQUA JPMorgan U.S. Quality Factor ETF	1.07%	1.19%	1.24%	1.21%	1.60%	1.32%	1.44%	1.67%	2.10%	0.40%

Frequently Asked Questions

Can I hold both BBSC and JQUA in my portfolio?

BBSC and JQUA have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BBSC or JQUA?

BBSC has higher volatility (4.16%) compared to JQUA (2.46%). In terms of maximum drawdown, BBSC dropped -30.96% vs JQUA's -32.92%.

Which ETF is better, BBSC or JQUA?

On 5-year performance, JQUA leads with 12.98% vs 8.63% for BBSC. On fees, BBSC is cheaper at 0.09% per year. On volatility, JQUA has been the lower-risk option at 2.46%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBSC or JQUA?

Over the 5-year period, JQUA has performed better with a 12.98% return vs 8.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBSC or JQUA?

BBSC is cheaper with a 0.09% expense ratio, compared with 0.12% for JQUA.

Which ETF pays a higher dividend yield, BBSC or JQUA?

JQUA has the higher dividend yield at 1.07%, compared with 0.99% for BBSC.

What is the main difference between BBSC and JQUA?

BBSC is categorized as Small Cap Blend Equities, while JQUA is Quality Factor. BBSC tracks Morningstar US Small Cap Target Market Exposure Extended Index, while JQUA tracks JP Morgan US Quality Factor Index. Their fees differ too: 0.09% for BBSC and 0.12% for JQUA.

Which has better risk-adjusted returns?

BBSC currently has the higher Sharpe Ratio (2.09 vs 1.94), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.