BBTR.DE vs. CEMF.DE

Last updated Apr 2, 2026

Compare and contrast key facts about JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc) (BBTR.DE) and iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc (CEMF.DE).

BBTR.DE and CEMF.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BBTR.DE is a passively managed fund by JPMorgan that tracks the performance of the JP Morgan Government Bond US. It was launched on Apr 25, 2019. CEMF.DE is a passively managed fund by iShares that tracks the performance of the ICE US Treasury 7-10 Year Bond Index. It was launched on Mar 28, 2024. Both BBTR.DE and CEMF.DE 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

BBTR.DE vs. CEMF.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc) (BBTR.DE) and iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc (CEMF.DE). The values are adjusted to include any dividend payments, if applicable.

BBTR.DE vs. CEMF.DE - Yearly Performance Comparison

	2026 (YTD)	2025
BBTR.DE JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc)	1.39%	0.86%
CEMF.DE iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc	-0.73%	2.59%

Returns By Period

In the year-to-date period, BBTR.DE achieves a 1.39% return, which is significantly higher than CEMF.DE's -0.73% return.

BBTR.DE

• 1D: -0.54%
• 1M: -0.60%
• YTD: 1.39%
• 6M: 1.87%
• 1Y: -4.20%
• 3Y*: 0.31%
• 5Y*: -0.08%
• 10Y*: —

CEMF.DE

• 1D: 0.29%
• 1M: -1.76%
• YTD: -0.73%
• 6M: -0.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BBTR.DE vs. CEMF.DE - Expense Ratio Comparison

BBTR.DE has a 0.07% expense ratio, which is lower than CEMF.DE's 0.10% 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%.

CEMF.DE

iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc

BBTR.DE

JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc)

Return for Risk

BBTR.DE vs. CEMF.DE — Risk / Return Rank

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

BBTR.DE

BBTR.DE Risk / Return Rank: 4
BBTR.DE Sharpe Ratio Rank: 3
BBTR.DE Sortino Ratio Rank: 3
BBTR.DE Omega Ratio Rank: 3
BBTR.DE Calmar Ratio Rank: 5
BBTR.DE Martin Ratio Rank: 7

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.

BBTR.DE vs. CEMF.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders US Treasury Bond UCITS ETF USD (Acc) (BBTR.DE) and iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc (CEMF.DE). 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.

	BBTR.DE	CEMF.DE	Difference
Sharpe ratio Return per unit of total volatility	-0.56	—	—
Sortino ratio Return per unit of downside risk	-0.68	—	—
Omega ratio Gain probability vs. loss probability	0.91	—	—
Calmar ratio Return relative to maximum drawdown	-0.44	—	—
Martin ratio Return relative to average drawdown	-0.68	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BBTR.DE	CEMF.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.56	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.01	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	0.62	-0.56

Correlation

The correlation between BBTR.DE and CEMF.DE is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

BBTR.DE vs. CEMF.DE - Dividend Comparison

Neither BBTR.DE nor CEMF.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

BBTR.DE vs. CEMF.DE - Drawdown Comparison

The maximum BBTR.DE drawdown since its inception was -17.63%, which is greater than CEMF.DE's maximum drawdown of -3.14%. Use the drawdown chart below to compare losses from any high point for BBTR.DE and CEMF.DE.

Drawdown Indicators

	BBTR.DE	CEMF.DE	Difference
Max Drawdown Largest peak-to-trough decline	-17.63%	-3.14%	-14.49%
Max Drawdown (1Y) Largest decline over 1 year	-8.07%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-13.20%	—	—
Current Drawdown Current decline from peak	-13.05%	-2.29%	-10.76%
Average Drawdown Average peak-to-trough decline	-10.23%	-0.81%	-9.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.27%	—	—

Volatility

Volatility by Period

	BBTR.DE	CEMF.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.96%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.98%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.55%	4.42%	+3.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.23%	4.42%	+3.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.15%	4.42%	+3.73%