BBUS.L vs. CU2U.L

Last updated Jun 5, 2026

BBUS.L (BetaBuilders US Equity UCITS USD Acc) and CU2U.L (Amundi MSCI USA UCITS USD) are both Large Cap Blend Equities funds tracking the Russell 1000 TR USD, from JPMorgan and Amundi respectively. Both are passively managed. Over the past 5 years, BBUS.L returned 13.29%/yr vs 11.99%/yr for CU2U.L. With a 0.98 correlation, they move nearly in lockstep. BBUS.L charges 0.04%/yr vs 0.18%/yr for CU2U.L.

Performance

BBUS.L vs. CU2U.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BetaBuilders US Equity UCITS USD Acc (BBUS.L) and Amundi MSCI USA UCITS USD (CU2U.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBUS.L achieves a 10.13% return, which is significantly lower than CU2U.L's 12.35% return.

BBUS.L

• 1D: 0.07%
• 1M: 4.56%
• YTD: 10.13%
• 6M: 10.79%
• 1Y: 27.37%
• 3Y*: 22.24%
• 5Y*: 13.29%
• 10Y*: —

CU2U.L

• 1D: 0.43%
• 1M: 6.87%
• YTD: 12.35%
• 6M: 13.81%
• 1Y: 27.88%
• 3Y*: 19.93%
• 5Y*: 11.99%
• 10Y*: 14.45%

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

BBUS.L vs. CU2U.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
BBUS.L BetaBuilders US Equity UCITS USD Acc	10.13%	17.54%	24.99%	27.63%	-19.96%	27.64%	20.13%	12.83%
CU2U.L Amundi MSCI USA UCITS USD	12.35%	14.10%	19.50%	27.09%	-20.03%	27.37%	20.45%	12.83%

Correlation

The correlation between BBUS.L and CU2U.L is 0.93, 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	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (All Time) Calculated using the full available price history since Apr 11, 2019	0.98

The correlation between BBUS.L and CU2U.L has been stable across timeframes, ranging from 0.93 to 0.98 - a consistent structural relationship.

BBUS.L vs. CU2U.L - Sectors Allocation Comparison

Sectors	BBUS.L	CU2U.L
Technology	39.7%	29.4%
Communication Services	11.5%	8.8%
Financial Services	10.9%	11.7%
Consumer Cyclical	9.7%	11.0%
Healthcare	8.0%	13.0%
Industrials	7.5%	8.4%
Consumer Defensive	4.1%	6.3%
Energy	3.2%	4.4%
Utilities	2.1%	2.3%
Basic Materials	1.4%	2.3%
Real Estate	1.3%	2.5%

Return for Risk

BBUS.L vs. CU2U.L — Risk / Return Rank

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

BBUS.L

BBUS.L Risk / Return Rank: 72
BBUS.L Sharpe Ratio Rank: 74
BBUS.L Sortino Ratio Rank: 77
BBUS.L Omega Ratio Rank: 74
BBUS.L Calmar Ratio Rank: 65
BBUS.L Martin Ratio Rank: 73

CU2U.L

CU2U.L Risk / Return Rank: 62
CU2U.L Sharpe Ratio Rank: 66
CU2U.L Sortino Ratio Rank: 71
CU2U.L Omega Ratio Rank: 66
CU2U.L Calmar Ratio Rank: 51
CU2U.L Martin Ratio Rank: 58

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.

BBUS.L vs. CU2U.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BetaBuilders US Equity UCITS USD Acc (BBUS.L) and Amundi MSCI USA UCITS USD (CU2U.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.

	BBUS.L	CU2U.L	Difference
Sharpe ratio: Return per unit of total volatility	2.35	2.16	+0.19
Sortino ratio: Return per unit of downside risk	3.41	3.16	+0.24
Omega ratio: Gain probability vs. loss probability	1.43	1.39	+0.04
Calmar ratio: Return relative to maximum drawdown	3.16	2.49	+0.67
Martin ratio: Return relative to average drawdown	13.61	9.91	+3.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BBUS.L vs. CU2U.L - Sharpe Ratio Comparison

The current BBUS.L Sharpe Ratio is 2.35, which is comparable to the CU2U.L Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of BBUS.L and CU2U.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.

Sharpe Ratios by Period

	BBUS.L	CU2U.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.35	2.16	+0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.83	0.73	+0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	0.89	+0.01

Drawdowns

BBUS.L vs. CU2U.L - Drawdown Comparison

The maximum BBUS.L drawdown since its inception was -34.26%, roughly equal to the maximum CU2U.L drawdown of -34.38%. Use the drawdown chart below to compare losses from any high point for BBUS.L and CU2U.L.

Drawdown Indicators

	BBUS.L	CU2U.L	Difference
Max Drawdown Largest peak-to-trough decline	-34.26%	-34.38%	+0.12%
Max Drawdown (1Y) Largest decline over 1 year	-8.62%	-11.13%	+2.51%
Max Drawdown (3Y) Largest decline over 3 years	-19.35%	-19.32%	-0.03%
Max Drawdown (5Y) Largest decline over 5 years	-25.33%	-25.42%	+0.09%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.38%	—
Current Drawdown Current decline from peak	-0.46%	0.00%	-0.46%
Average Drawdown Average peak-to-trough decline	-5.40%	-4.21%	-1.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	2.81%	-0.80%

Volatility

BBUS.L vs. CU2U.L - Volatility Comparison

The current volatility for BetaBuilders US Equity UCITS USD Acc (BBUS.L) is 3.23%, while Amundi MSCI USA UCITS USD (CU2U.L) has a volatility of 4.09%. This indicates that BBUS.L experiences smaller price fluctuations and is considered to be less risky than CU2U.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBUS.L	CU2U.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.23%	4.09%	-0.86%
Volatility (6M) Calculated over the trailing 6-month period	8.55%	9.89%	-1.34%
Volatility (1Y) Calculated over the trailing 1-year period	11.59%	12.83%	-1.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.10%	16.31%	-0.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.86%	16.46%	+1.40%

BBUS.L vs. CU2U.L - Expense Ratio Comparison

BBUS.L has a 0.04% expense ratio, which is lower than CU2U.L's 0.18% 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

BBUS.L vs. CU2U.L - Dividend Comparison

Neither BBUS.L nor CU2U.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BBUS.L and CU2U.L in my portfolio?

With a correlation of 0.93, BBUS.L and CU2U.L 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 ETF is better, BBUS.L or CU2U.L?

On fees, BBUS.L is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BBUS.L or CU2U.L?

BBUS.L is cheaper with a 0.04% expense ratio, compared with 0.18% for CU2U.L.

What is the main difference between BBUS.L and CU2U.L?

Both ETFs track Russell 1000 TR USD. They also come from different issuers: JPMorgan and Amundi. Their fees differ too: 0.04% for BBUS.L and 0.18% for CU2U.L.