BBUS vs. HYGI

Last updated Jun 9, 2026

BBUS (JP Morgan Betabuilders U.S. Equity ETF) and HYGI (iShares Inflation Hedged High Yield Bond ETF) are both exchange-traded funds - BBUS is a Large Cap Growth Equities fund tracking the Morningstar US Target Market Exposure Index, while HYGI is a Inflation-Protected Bonds fund tracking the BlackRock Inflation Hedged High Yield Bond Index - Benchmark TR Gross. Both are passively managed. A 0.66 correlation means they provide meaningful diversification when combined. BBUS charges 0.02%/yr vs 0.52%/yr for HYGI.

Performance

BBUS vs. HYGI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JP Morgan Betabuilders U.S. Equity ETF (BBUS) and iShares Inflation Hedged High Yield Bond ETF (HYGI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BBUS

• 1D: 0.23%
• 1M: 0.44%
• YTD: 8.45%
• 6M: 8.40%
• 1Y: 24.33%
• 3Y*: 21.53%
• 5Y*: 13.01%
• 10Y*: —

HYGI

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BBUS vs. HYGI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
BBUS JP Morgan Betabuilders U.S. Equity ETF	8.45%	17.77%	24.89%	27.20%	-1.37%
HYGI iShares Inflation Hedged High Yield Bond ETF	0.00%	6.20%	9.16%	11.71%	0.65%

Correlation

The correlation between BBUS and HYGI is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.21
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (All Time) Calculated using the full available price history since Jun 27, 2022	0.66

Over the past year, the correlation between BBUS and HYGI has dropped to 0.21 - well below their long-term average of 0.66, suggesting their price drivers have been diverging.

BBUS vs. HYGI - Sectors Allocation Comparison

Sectors	BBUS	HYGI
Technology	39.7%	-
Communication Services	11.3%	-
Financial Services	10.5%	-
Consumer Cyclical	9.7%	-
Healthcare	7.9%	-
Industrials	6.9%	-
Consumer Defensive	4.0%	-
Energy	3.0%	-
Utilities	1.9%	99.6%
Real Estate	1.1%	0.4%
Basic Materials	0.9%	-

Return for Risk

BBUS vs. HYGI — Risk / Return Rank

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

BBUS

BBUS Risk / Return Rank: 67
BBUS Sharpe Ratio Rank: 68
BBUS Sortino Ratio Rank: 66
BBUS Omega Ratio Rank: 68
BBUS Calmar Ratio Rank: 59
BBUS Martin Ratio Rank: 72

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 vs. HYGI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JP Morgan Betabuilders U.S. Equity ETF (BBUS) and iShares Inflation Hedged High Yield Bond ETF (HYGI). 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	HYGI	Difference
Sharpe ratio: Return per unit of total volatility	2.02	—	—
Sortino ratio: Return per unit of downside risk	2.72	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	2.65	—	—
Martin ratio: Return relative to average drawdown	12.09	—	—
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

	BBUS	HYGI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.02	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.77	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	—	—

Drawdowns

Drawdown Indicators

	BBUS	HYGI	Difference
Max Drawdown Largest peak-to-trough decline	-35.35%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-9.21%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.01%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-25.46%	—	—
Current Drawdown Current decline from peak	-2.68%	—	—
Average Drawdown Average peak-to-trough decline	-5.45%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.02%	—	—

Volatility

Volatility by Period

	BBUS	HYGI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.78%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.37%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.15%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.07%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.60%	—	—

BBUS vs. HYGI - Expense Ratio Comparison

BBUS has a 0.02% expense ratio, which is lower than HYGI's 0.52% expense ratio.

Dividends

BBUS vs. HYGI - Dividend Comparison

BBUS's dividend yield for the trailing twelve months is around 1.00%, while HYGI has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BBUS JP Morgan Betabuilders U.S. Equity ETF	1.00%	1.07%	1.21%	1.38%	1.57%	1.11%	1.43%	1.37%
HYGI iShares Inflation Hedged High Yield Bond ETF	0.97%	3.41%	6.08%	6.22%	3.19%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BBUS and HYGI in my portfolio?

BBUS and HYGI have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BBUS or HYGI?

On fees, BBUS is cheaper at 0.02% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BBUS or HYGI?

BBUS is cheaper with a 0.02% expense ratio, compared with 0.52% for HYGI.

Which ETF pays a higher dividend yield, BBUS or HYGI?

BBUS has the higher dividend yield at 1.00%, compared with 0.97% for HYGI.

What is the main difference between BBUS and HYGI?

BBUS is categorized as Large Cap Growth Equities, while HYGI is Inflation-Protected Bonds. BBUS tracks Morningstar US Target Market Exposure Index, while HYGI tracks BlackRock Inflation Hedged High Yield Bond Index - Benchmark TR Gross. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.02% for BBUS and 0.52% for HYGI.