BBSC vs. OUSM

Last updated Aug 4, 2026

BBSC (JPMorgan BetaBuilders U.S. Small Cap Equity ETF) and OUSM (OShares U.S. Small-Cap Quality Dividend 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 OUSM is a Quality Factor fund tracking the O'Shares US Small-Cap Quality Dividend Index. Both are passively managed. Over the past 5 years, BBSC returned 8.63%/yr vs 8.65%/yr for OUSM. Their correlation of 0.86 means they have usually moved in the same direction. BBSC charges 0.09%/yr vs 0.48%/yr for OUSM.

Performance

BBSC vs. OUSM - 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 OShares U.S. Small-Cap Quality Dividend ETF (OUSM). 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 OUSM's 13.55% 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%

OUSM

• 1D: 1.07%
• 1M: 3.02%
• 6M: 8.44%
• YTD: 13.55%
• 1Y: 17.33%
• 3Y*: 12.20%
• 5Y*: 8.65%
• 10Y*: —
• ALL TIME*: 9.48%

*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
OUSM OShares U.S. Small-Cap Quality Dividend ETF	$4.86M	$3.68M	$3.03M

BBSC vs. OUSM - 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%
OUSM OShares U.S. Small-Cap Quality Dividend ETF	13.55%	2.17%	13.45%	18.82%	-7.89%	21.45%	4.90%

Correlation

The correlation between BBSC and OUSM is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.73
Correlation (3Y) Balances recent behavior with more history.	0.84
Correlation (5Y) Shows whether the relationship held over a longer period.	0.87
Correlation (All Time) Calculated using the full available price history since Nov 17, 2020	0.86

The correlation between BBSC and OUSM shifts across timeframes, from 0.73 (1 year) to 0.86 (5 years), reflecting how their relationship changes across market environments.

BBSC vs. OUSM - Sectors Allocation Comparison

Sectors	BBSC	OUSM
Technology	18.9%	11.4%
Healthcare	16.8%	8.0%
Financial Services	15.7%	21.7%
Industrials	14.4%	24.2%
Consumer Cyclical	11.6%	21.0%
Real Estate	7.5%	-
Energy	4.5%	0.3%
Basic Materials	4.0%	1.5%
Consumer Defensive	2.9%	4.3%
Communication Services	2.4%	3.5%
Utilities	1.5%	4.1%

Return for Risk

BBSC vs. OUSM — 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

OUSM

OUSM Risk / Return Rank: 52
OUSM Sharpe Ratio Rank: 52
OUSM Sortino Ratio Rank: 59
OUSM Omega Ratio Rank: 50
OUSM Calmar Ratio Rank: 50
OUSM Martin Ratio Rank: 47

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. OUSM - 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 OShares U.S. Small-Cap Quality Dividend ETF (OUSM). 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	OUSM	Difference
Sharpe ratio: Return per unit of total volatility	2.09	1.33	+0.76
Sortino ratio: Return per unit of downside risk	2.95	2.10	+0.86
Omega ratio: Gain probability vs. loss probability	1.35	1.24	+0.12
Calmar ratio: Return relative to maximum drawdown	4.14	1.89	+2.25
Martin ratio: Return relative to average drawdown	13.57	5.58	+8.00

BBSC vs. OUSM - Sharpe Ratio Comparison

The current BBSC Sharpe Ratio is 2.09, which is higher than the OUSM Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of BBSC and OUSM, 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. OUSM - Drawdown Comparison

The maximum BBSC drawdown since its inception was -30.96%, smaller than the maximum OUSM drawdown of -39.84%. Use the drawdown chart below to compare losses from any high point for BBSC and OUSM.

Drawdown Indicators

	BBSC	OUSM	Difference
Max Drawdown Largest peak-to-trough decline	-30.96%	-39.84%	+8.88%
Max Drawdown (1Y) Largest decline over 1 year	-9.54%	-9.21%	-0.33%
Max Drawdown (3Y) Largest decline over 3 years	-29.32%	-19.44%	-9.88%
Max Drawdown (5Y) Largest decline over 5 years	-30.96%	-19.44%	-11.52%
Current Drawdown Current decline from peak	-1.07%	-0.75%	-0.32%
Average Drawdown Average peak-to-trough decline	-11.20%	-5.14%	-6.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.90%	3.11%	-0.21%

Volatility

BBSC vs. OUSM - Volatility Comparison

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC) and OShares U.S. Small-Cap Quality Dividend ETF (OUSM) have volatilities of 4.16% and 4.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBSC	OUSM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.16%	4.17%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	13.23%	9.36%	+3.87%
Volatility (1Y) Calculated over the trailing 1-year period	18.96%	13.13%	+5.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.88%	16.27%	+6.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.69%	18.85%	+3.84%

BBSC vs. OUSM - Expense Ratio Comparison

BBSC has a 0.09% expense ratio, which is lower than OUSM's 0.48% expense ratio.

Dividends

BBSC vs. OUSM - Dividend Comparison

BBSC's dividend yield for the trailing twelve months is around 0.99%, less than OUSM's 1.91% 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%
OUSM OShares U.S. Small-Cap Quality Dividend ETF	1.91%	2.09%	1.62%	1.64%	1.98%	1.55%	2.02%	1.99%	2.63%	2.17%

Frequently Asked Questions

Can I hold both BBSC and OUSM in my portfolio?

BBSC and OUSM have a correlation of 0.73, 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 OUSM?

OUSM has higher volatility (4.17%) compared to BBSC (4.16%). In terms of maximum drawdown, BBSC dropped -30.96% vs OUSM's -39.84%.

Which ETF is better, BBSC or OUSM?

On 5-year performance, OUSM leads with 8.65% vs 8.63% for BBSC. On fees, BBSC is cheaper at 0.09% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBSC or OUSM?

Over the 5-year period, OUSM has performed better with a 8.65% 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 OUSM?

BBSC is cheaper with a 0.09% expense ratio, compared with 0.48% for OUSM.

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

OUSM has the higher dividend yield at 1.91%, compared with 0.99% for BBSC.

What is the main difference between BBSC and OUSM?

BBSC is categorized as Small Cap Blend Equities, while OUSM is Quality Factor. BBSC tracks Morningstar US Small Cap Target Market Exposure Extended Index, while OUSM tracks O'Shares US Small-Cap Quality Dividend Index. They also come from different issuers: JPMorgan and O'Shares Investments. Their fees differ too: 0.09% for BBSC and 0.48% for OUSM.

Which has better risk-adjusted returns?

BBSC currently has the higher Sharpe Ratio (2.09 vs 1.33), 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.