BBUD.L vs. NXTG.L

Last updated Jul 17, 2026

BBUD.L (JPM BetaBuilders US Equity UCITS ETF - USD (dist)) and NXTG.L (First Trust Indxx NextG UCITS ETF USD (Acc)) are both exchange-traded funds - BBUD.L is a Large Cap Blend Equities fund tracking the Morningstar US Target Market Exposure Index, while NXTG.L is a Technology Equities fund tracking the Indxx 5G & NextG Thematic Index. Both are passively managed. Over the past 5 years, BBUD.L returned 12.46%/yr vs 8.70%/yr for NXTG.L. A 0.64 correlation means they provide meaningful diversification when combined. BBUD.L charges 0.05%/yr vs 0.70%/yr for NXTG.L.

Performance

BBUD.L vs. NXTG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPM BetaBuilders US Equity UCITS ETF - USD (dist) (BBUD.L) and First Trust Indxx NextG UCITS ETF USD (Acc) (NXTG.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

BBUD.L is traded in USD, while NXTG.L is traded in GBp. To make them comparable, the NXTG.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, BBUD.L achieves a 9.91% return, which is significantly lower than NXTG.L's 34.67% return.

BBUD.L

• 1D: 0.06%
• 1M: 0.34%
• 6M: 8.63%
• YTD: 9.91%
• 1Y: 21.77%
• 3Y*: 19.99%
• 5Y*: 12.46%
• 10Y*: —

NXTG.L

• 1D: -1.34%
• 1M: -7.02%
• 6M: 30.69%
• YTD: 34.67%
• 1Y: 52.77%
• 3Y*: 16.54%
• 5Y*: 8.70%
• 10Y*: 6.73%

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

BBUD.L vs. NXTG.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
BBUD.L JPM BetaBuilders US Equity UCITS ETF - USD (dist)	9.91%	17.41%	25.12%	27.64%	-19.95%	27.63%	20.16%	13.29%
NXTG.L First Trust Indxx NextG UCITS ETF USD (Acc)	34.67%	28.23%	13.05%	5.58%	-32.47%	14.83%	7.36%	4.36%

Correlation

The correlation between BBUD.L and NXTG.L is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (All Time) Calculated using the full available price history since Apr 3, 2019	0.64

The correlation between BBUD.L and NXTG.L has been stable across timeframes, ranging from 0.64 to 0.71 - a consistent structural relationship.

Return for Risk

BBUD.L vs. NXTG.L — Risk / Return Rank

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

BBUD.L

BBUD.L Risk / Return Rank: 67
BBUD.L Sharpe Ratio Rank: 67
BBUD.L Sortino Ratio Rank: 71
BBUD.L Omega Ratio Rank: 66
BBUD.L Calmar Ratio Rank: 61
BBUD.L Martin Ratio Rank: 70

NXTG.L

NXTG.L Risk / Return Rank: 51
NXTG.L Sharpe Ratio Rank: 37
NXTG.L Sortino Ratio Rank: 45
NXTG.L Omega Ratio Rank: 90
NXTG.L Calmar Ratio Rank: 49
NXTG.L Martin Ratio Rank: 35

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.

BBUD.L vs. NXTG.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPM BetaBuilders US Equity UCITS ETF - USD (dist) (BBUD.L) and First Trust Indxx NextG UCITS ETF USD (Acc) (NXTG.L). 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.

	BBUD.L	NXTG.L	Difference
Sharpe ratio: Return per unit of total volatility	1.74	1.12	+0.63
Sortino ratio: Return per unit of downside risk	2.59	1.90	+0.69
Omega ratio: Gain probability vs. loss probability	1.31	1.43	-0.11
Calmar ratio: Return relative to maximum drawdown	2.46	2.11	+0.35
Martin ratio: Return relative to average drawdown	10.00	4.41	+5.59

BBUD.L vs. NXTG.L - Sharpe Ratio Comparison

The current BBUD.L Sharpe Ratio is 1.74, which is higher than the NXTG.L Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of BBUD.L and NXTG.L, 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

BBUD.L vs. NXTG.L - Drawdown Comparison

The maximum BBUD.L drawdown since its inception was -34.19%, smaller than the maximum NXTG.L drawdown of -54.89%. Use the drawdown chart below to compare losses from any high point for BBUD.L and NXTG.L.

Drawdown Indicators

	BBUD.L	NXTG.L	Difference
Max Drawdown Largest peak-to-trough decline	-34.19%	-54.89%	+20.70%
Max Drawdown (1Y) Largest decline over 1 year	-8.61%	-24.85%	+16.24%
Max Drawdown (3Y) Largest decline over 3 years	-19.33%	-32.80%	+13.47%
Max Drawdown (5Y) Largest decline over 5 years	-25.33%	-45.46%	+20.13%
Max Drawdown (10Y) Largest decline over 10 years	—	-54.89%	—
Current Drawdown Current decline from peak	-0.66%	-12.62%	+11.96%
Average Drawdown Average peak-to-trough decline	-5.30%	-26.86%	+21.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.12%	11.94%	-9.82%

Volatility

BBUD.L vs. NXTG.L - Volatility Comparison

The current volatility for JPM BetaBuilders US Equity UCITS ETF - USD (dist) (BBUD.L) is 3.03%, while First Trust Indxx NextG UCITS ETF USD (Acc) (NXTG.L) has a volatility of 6.84%. This indicates that BBUD.L experiences smaller price fluctuations and is considered to be less risky than NXTG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBUD.L	NXTG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.03%	6.84%	-3.81%
Volatility (6M) Calculated over the trailing 6-month period	9.43%	16.99%	-7.56%
Volatility (1Y) Calculated over the trailing 1-year period	12.14%	47.05%	-34.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.21%	44.57%	-28.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.73%	34.75%	-17.02%

BBUD.L vs. NXTG.L - Expense Ratio Comparison

BBUD.L has a 0.05% expense ratio, which is lower than NXTG.L's 0.70% expense ratio.

Dividends

BBUD.L vs. NXTG.L - Dividend Comparison

BBUD.L's dividend yield for the trailing twelve months is around 1.10%, while NXTG.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BBUD.L JPM BetaBuilders US Equity UCITS ETF - USD (dist)	1.10%	1.10%	1.01%	1.29%	1.46%	0.95%	1.37%	0.74%
NXTG.L First Trust Indxx NextG UCITS ETF USD (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BBUD.L and NXTG.L in my portfolio?

BBUD.L and NXTG.L have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BBUD.L or NXTG.L?

On fees, BBUD.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BBUD.L or NXTG.L?

BBUD.L is cheaper with a 0.05% expense ratio, compared with 0.70% for NXTG.L.

What is the main difference between BBUD.L and NXTG.L?

BBUD.L is categorized as Large Cap Blend Equities, while NXTG.L is Technology Equities. BBUD.L tracks Morningstar US Target Market Exposure Index, while NXTG.L tracks Indxx 5G & NextG Thematic Index. They also come from different issuers: JPMorgan and First Trust. Their fees differ too: 0.05% for BBUD.L and 0.70% for NXTG.L.