BBSC vs. QQQS

Last updated Jun 4, 2026

BBSC (JPMorgan BetaBuilders U.S. Small Cap Equity ETF) and QQQS (Invesco NASDAQ Future Gen 200 ETF) are both Small Cap Blend Equities funds - BBSC tracks the Morningstar US Small Cap Target Market Exposure Extended Index while QQQS tracks the Nasdaq Innovators Completion Cap Total Return Index. Both are passively managed. Over the past 3 years, BBSC returned 17.34%/yr vs 15.89%/yr for QQQS. Their correlation of 0.90 suggests significant overlap in exposure. BBSC charges 0.09%/yr vs 0.20%/yr for QQQS.

Performance

BBSC vs. QQQS - 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 Invesco NASDAQ Future Gen 200 ETF (QQQS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBSC achieves a 15.75% return, which is significantly lower than QQQS's 27.27% return.

BBSC

• 1D: -1.11%
• 1M: 2.71%
• YTD: 15.75%
• 6M: 14.20%
• 1Y: 35.98%
• 3Y*: 17.34%
• 5Y*: 6.64%
• 10Y*: —

QQQS

• 1D: -1.70%
• 1M: 5.91%
• YTD: 27.27%
• 6M: 27.40%
• 1Y: 79.99%
• 3Y*: 15.89%
• 5Y*: —
• 10Y*: —

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

BBSC vs. QQQS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF	15.75%	10.38%	12.31%	20.07%	2.59%
QQQS Invesco NASDAQ Future Gen 200 ETF	27.27%	23.03%	10.20%	-1.94%	6.56%

Correlation

The correlation between BBSC and QQQS is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (All Time) Calculated using the full available price history since Oct 14, 2022	0.90

The correlation between BBSC and QQQS has been stable across timeframes, ranging from 0.90 to 0.90 - a consistent structural relationship.

BBSC vs. QQQS - Sectors Allocation Comparison

Sectors	BBSC	QQQS
Technology	18.5%	42.1%
Financial Services	16.9%	0.0%
Healthcare	15.7%	41.0%
Industrials	14.9%	4.8%
Consumer Cyclical	9.0%	5.2%
Real Estate	7.7%	-
Energy	6.4%	2.2%
Basic Materials	4.1%	1.0%
Consumer Defensive	3.2%	1.4%
Communication Services	2.4%	2.4%
Utilities	1.2%	-

Return for Risk

BBSC vs. QQQS — Risk / Return Rank

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

BBSC

BBSC Risk / Return Rank: 61
BBSC Sharpe Ratio Rank: 55
BBSC Sortino Ratio Rank: 56
BBSC Omega Ratio Rank: 50
BBSC Calmar Ratio Rank: 75
BBSC Martin Ratio Rank: 67

QQQS

QQQS Risk / Return Rank: 85
QQQS Sharpe Ratio Rank: 88
QQQS Sortino Ratio Rank: 83
QQQS Omega Ratio Rank: 73
QQQS Calmar Ratio Rank: 91
QQQS Martin Ratio Rank: 88

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.

BBSC vs. QQQS - 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 Invesco NASDAQ Future Gen 200 ETF (QQQS). 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.

	BBSC	QQQS	Difference
Sharpe ratio: Return per unit of total volatility	1.90	3.00	-1.11
Sortino ratio: Return per unit of downside risk	2.70	3.78	-1.08
Omega ratio: Gain probability vs. loss probability	1.32	1.44	-0.12
Calmar ratio: Return relative to maximum drawdown	3.79	5.90	-2.11
Martin ratio: Return relative to average drawdown	12.35	19.70	-7.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBSC vs. QQQS - Sharpe Ratio Comparison

The current BBSC Sharpe Ratio is 1.90, which is lower than the QQQS Sharpe Ratio of 3.00. The chart below compares the historical Sharpe Ratios of BBSC and QQQS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BBSC	QQQS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.90	3.00	-1.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.63	-0.14

Drawdowns

BBSC vs. QQQS - Drawdown Comparison

The maximum BBSC drawdown since its inception was -30.96%, smaller than the maximum QQQS drawdown of -38.06%. Use the drawdown chart below to compare losses from any high point for BBSC and QQQS.

Drawdown Indicators

	BBSC	QQQS	Difference
Max Drawdown Largest peak-to-trough decline	-30.96%	-38.06%	+7.10%
Max Drawdown (1Y) Largest decline over 1 year	-9.54%	-13.63%	+4.09%
Max Drawdown (3Y) Largest decline over 3 years	-29.32%	-34.32%	+5.00%
Max Drawdown (5Y) Largest decline over 5 years	-30.96%	—	—
Current Drawdown Current decline from peak	-1.48%	-2.55%	+1.07%
Average Drawdown Average peak-to-trough decline	-11.49%	-13.26%	+1.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.92%	4.07%	-1.15%

Volatility

BBSC vs. QQQS - Volatility Comparison

The current volatility for JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC) is 4.91%, while Invesco NASDAQ Future Gen 200 ETF (QQQS) has a volatility of 7.39%. This indicates that BBSC experiences smaller price fluctuations and is considered to be less risky than QQQS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBSC	QQQS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.91%	7.39%	-2.48%
Volatility (6M) Calculated over the trailing 6-month period	12.98%	18.49%	-5.51%
Volatility (1Y) Calculated over the trailing 1-year period	19.12%	26.90%	-7.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.93%	28.34%	-5.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.86%	28.34%	-5.48%

BBSC vs. QQQS - Expense Ratio Comparison

BBSC has a 0.09% expense ratio, which is lower than QQQS's 0.20% 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. QQQS - Dividend Comparison

BBSC's dividend yield for the trailing twelve months is around 1.03%, less than QQQS's 2.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF	1.03%	1.13%	1.29%	1.58%	1.37%	1.06%	0.18%
QQQS Invesco NASDAQ Future Gen 200 ETF	2.73%	3.48%	0.80%	0.68%	0.04%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BBSC and QQQS in my portfolio?

With a correlation of 0.90, BBSC and QQQS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, BBSC or QQQS?

QQQS has higher volatility (7.39%) compared to BBSC (4.91%). In terms of maximum drawdown, BBSC dropped -30.96% vs QQQS's -38.06%.

Which ETF is better, BBSC or QQQS?

On 3-year performance, BBSC leads with 17.34% vs 15.89% for QQQS. On fees, BBSC is cheaper at 0.09% per year. On volatility, BBSC has been the lower-risk option at 4.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBSC or QQQS?

Over the 3-year period, BBSC has performed better with a 17.34% return vs 15.89%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBSC or QQQS?

BBSC is cheaper with a 0.09% expense ratio, compared with 0.20% for QQQS.

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

QQQS has the higher dividend yield at 2.73%, compared with 1.03% for BBSC.

What is the main difference between BBSC and QQQS?

BBSC tracks Morningstar US Small Cap Target Market Exposure Extended Index, while QQQS tracks Nasdaq Innovators Completion Cap Total Return Index. They also come from different issuers: JPMorgan and Invesco. Their fees differ too: 0.09% for BBSC and 0.20% for QQQS.

Which has better risk-adjusted returns?

QQQS currently has the higher Sharpe Ratio (3.00 vs 1.90), 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.