BBUS vs. IJPIX

Last updated Jun 24, 2026

BBUS (JPMorgan BetaBuilders U.S. Equity ETF) and IJPIX (VY JPMorgan Emerging Markets Equity Portfolio) are both funds - BBUS is a Large Cap Blend Equities fund tracking the Morningstar US Target Market Exposure Index, while IJPIX is a Emerging Markets Diversified fund managed by Voya. Over the past 5 years, BBUS returned 12.52%/yr vs 5.95%/yr for IJPIX. A 0.67 correlation means they provide meaningful diversification when combined. BBUS charges 0.02%/yr vs 1.51%/yr for IJPIX.

Performance

BBUS vs. IJPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders U.S. Equity ETF (BBUS) and VY JPMorgan Emerging Markets Equity Portfolio (IJPIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BBUS achieves a 7.57% return, which is significantly lower than IJPIX's 35.61% return.

BBUS

• 1D: -1.68%
• 1M: -1.53%
• YTD: 7.57%
• 6M: 6.62%
• 1Y: 22.78%
• 3Y*: 20.70%
• 5Y*: 12.52%
• 10Y*: —

IJPIX

• 1D: 0.99%
• 1M: 8.23%
• YTD: 35.61%
• 6M: 37.34%
• 1Y: 66.07%
• 3Y*: 24.98%
• 5Y*: 5.95%
• 10Y*: 11.76%

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

BBUS vs. IJPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
BBUS JPMorgan BetaBuilders U.S. Equity ETF	7.57%	17.77%	24.89%	27.20%	-19.46%	27.13%	20.69%	16.26%
IJPIX VY JPMorgan Emerging Markets Equity Portfolio	35.61%	38.95%	1.91%	6.58%	-26.16%	-10.00%	33.28%	16.11%

Correlation

The correlation between BBUS and IJPIX is 0.64, 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	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (All Time) Calculated using the full available price history since Mar 13, 2019	0.67

The correlation between BBUS and IJPIX has been stable across timeframes, ranging from 0.62 to 0.67 - a consistent structural relationship.

Return for Risk

BBUS vs. IJPIX — Risk / Return Rank

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

BBUS

BBUS Risk / Return Rank: 56
BBUS Sharpe Ratio Rank: 56
BBUS Sortino Ratio Rank: 54
BBUS Omega Ratio Rank: 55
BBUS Calmar Ratio Rank: 52
BBUS Martin Ratio Rank: 63

IJPIX

IJPIX Risk / Return Rank: 94
IJPIX Sharpe Ratio Rank: 97
IJPIX Sortino Ratio Rank: 89
IJPIX Omega Ratio Rank: 89
IJPIX Calmar Ratio Rank: 96
IJPIX Martin Ratio Rank: 97

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. IJPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders U.S. Equity ETF (BBUS) and VY JPMorgan Emerging Markets Equity Portfolio (IJPIX). 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.

	BBUS	IJPIX	Difference
Sharpe ratio: Return per unit of total volatility	1.82	3.37	-1.55
Sortino ratio: Return per unit of downside risk	2.48	4.01	-1.53
Omega ratio: Gain probability vs. loss probability	1.33	1.60	-0.27
Calmar ratio: Return relative to maximum drawdown	2.49	5.93	-3.45
Martin ratio: Return relative to average drawdown	10.97	22.91	-11.93

BBUS vs. IJPIX - Sharpe Ratio Comparison

The current BBUS Sharpe Ratio is 1.82, which is lower than the IJPIX Sharpe Ratio of 3.37. The chart below compares the historical Sharpe Ratios of BBUS and IJPIX, 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

BBUS vs. IJPIX - Drawdown Comparison

The maximum BBUS drawdown since its inception was -35.35%, smaller than the maximum IJPIX drawdown of -64.21%. Use the drawdown chart below to compare losses from any high point for BBUS and IJPIX.

Drawdown Indicators

	BBUS	IJPIX	Difference
Max Drawdown Largest peak-to-trough decline	-35.35%	-64.21%	+28.86%
Max Drawdown (1Y) Largest decline over 1 year	-9.21%	-12.53%	+3.32%
Max Drawdown (3Y) Largest decline over 3 years	-19.01%	-15.42%	-3.59%
Max Drawdown (5Y) Largest decline over 5 years	-25.46%	-45.22%	+19.76%
Max Drawdown (10Y) Largest decline over 10 years	—	-49.88%	—
Current Drawdown Current decline from peak	-3.47%	0.00%	-3.47%
Average Drawdown Average peak-to-trough decline	-5.43%	-20.09%	+14.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.08%	3.11%	-1.03%

Volatility

BBUS vs. IJPIX - Volatility Comparison

The current volatility for JPMorgan BetaBuilders U.S. Equity ETF (BBUS) is 5.00%, while VY JPMorgan Emerging Markets Equity Portfolio (IJPIX) has a volatility of 11.03%. This indicates that BBUS experiences smaller price fluctuations and is considered to be less risky than IJPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBUS	IJPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.00%	11.03%	-6.03%
Volatility (6M) Calculated over the trailing 6-month period	9.95%	19.02%	-9.07%
Volatility (1Y) Calculated over the trailing 1-year period	12.59%	22.08%	-9.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.14%	19.86%	-2.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.59%	19.75%	-0.16%

BBUS vs. IJPIX - Expense Ratio Comparison

BBUS has a 0.02% expense ratio, which is lower than IJPIX's 1.51% expense ratio.

Dividends

BBUS vs. IJPIX - Dividend Comparison

BBUS's dividend yield for the trailing twelve months is around 1.01%, less than IJPIX's 19.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBUS JPMorgan BetaBuilders U.S. Equity ETF	1.01%	1.07%	1.21%	1.38%	1.57%	1.11%	1.43%	1.37%	0.00%	0.00%	0.00%	0.00%
IJPIX VY JPMorgan Emerging Markets Equity Portfolio	19.08%	25.88%	0.82%	1.67%	42.85%	8.66%	5.75%	5.37%	0.66%	0.40%	1.15%	9.47%

Frequently Asked Questions

Can I hold both BBUS and IJPIX in my portfolio?

BBUS and IJPIX have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BBUS or IJPIX?

IJPIX has higher volatility (11.03%) compared to BBUS (5.00%). In terms of maximum drawdown, BBUS dropped -35.35% vs IJPIX's -64.21%.

Which has better risk-adjusted returns?

IJPIX currently has the higher Sharpe Ratio (3.37 vs 1.82), 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.