BBUS vs. ILCV

Last updated Jul 15, 2026

BBUS (JPMorgan BetaBuilders U.S. Equity ETF) and ILCV (iShares Morningstar Value ETF) are both exchange-traded funds - BBUS is a Large Cap Blend Equities fund tracking the Morningstar US Target Market Exposure Index, while ILCV is a Large Cap Value Equities fund tracking the Morningstar US Large-Mid Cap Broad Value Index. Both are passively managed. Over the past 5 years, BBUS returned 12.67%/yr vs 12.13%/yr for ILCV. Their correlation of 0.85 suggests significant overlap in exposure. BBUS charges 0.02%/yr vs 0.04%/yr for ILCV.

Performance

BBUS vs. ILCV - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with BBUS having a 10.50% return and ILCV slightly lower at 10.33%.

BBUS

• 1D: 0.39%
• 1M: 1.72%
• 6M: 8.66%
• YTD: 10.50%
• 1Y: 21.17%
• 3Y*: 20.30%
• 5Y*: 12.67%
• 10Y*: —

ILCV

• 1D: -0.52%
• 1M: 1.76%
• 6M: 8.23%
• YTD: 10.33%
• 1Y: 24.33%
• 3Y*: 17.87%
• 5Y*: 12.13%
• 10Y*: 11.48%

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

BBUS vs. ILCV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
BBUS JPMorgan BetaBuilders U.S. Equity ETF	10.50%	17.77%	24.89%	27.20%	-19.46%	27.13%	20.69%	16.26%
ILCV iShares Morningstar Value ETF	10.33%	18.79%	17.03%	14.43%	-7.02%	26.71%	-0.84%	14.61%

Correlation

The correlation between BBUS and ILCV is 0.79, 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	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (All Time) Calculated using the full available price history since Mar 13, 2019	0.85

The correlation between BBUS and ILCV has been stable across timeframes, ranging from 0.79 to 0.87 - a consistent structural relationship.

BBUS vs. ILCV - Sectors Allocation Comparison

Sectors	BBUS	ILCV
Technology	37.5%	24.7%
Financial Services	12.0%	16.5%
Communication Services	9.8%	7.9%
Consumer Cyclical	9.2%	9.6%
Healthcare	9.1%	11.4%
Industrials	7.7%	8.6%
Consumer Defensive	4.5%	7.5%
Energy	3.1%	6.0%
Utilities	2.7%	3.5%
Basic Materials	1.7%	2.4%
Real Estate	1.7%	2.1%

Return for Risk

BBUS vs. ILCV — Risk / Return Rank

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

BBUS

BBUS Risk / Return Rank: 63
BBUS Sharpe Ratio Rank: 64
BBUS Sortino Ratio Rank: 63
BBUS Omega Ratio Rank: 64
BBUS Calmar Ratio Rank: 58
BBUS Martin Ratio Rank: 69

ILCV

ILCV Risk / Return Rank: 89
ILCV Sharpe Ratio Rank: 91
ILCV Sortino Ratio Rank: 91
ILCV Omega Ratio Rank: 89
ILCV Calmar Ratio Rank: 85
ILCV Martin Ratio Rank: 89

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. ILCV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders U.S. Equity ETF (BBUS) and iShares Morningstar Value ETF (ILCV). 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	ILCV	Difference
Sharpe ratio: Return per unit of total volatility	1.69	2.44	-0.75
Sortino ratio: Return per unit of downside risk	2.33	3.45	-1.11
Omega ratio: Gain probability vs. loss probability	1.31	1.44	-0.14
Calmar ratio: Return relative to maximum drawdown	2.31	3.73	-1.42
Martin ratio: Return relative to average drawdown	9.94	15.28	-5.33

BBUS vs. ILCV - Sharpe Ratio Comparison

The current BBUS Sharpe Ratio is 1.69, which is lower than the ILCV Sharpe Ratio of 2.44. The chart below compares the historical Sharpe Ratios of BBUS and ILCV, 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. ILCV - Drawdown Comparison

The maximum BBUS drawdown since its inception was -35.35%, smaller than the maximum ILCV drawdown of -58.63%. Use the drawdown chart below to compare losses from any high point for BBUS and ILCV.

Drawdown Indicators

	BBUS	ILCV	Difference
Max Drawdown Largest peak-to-trough decline	-35.35%	-58.63%	+23.28%
Max Drawdown (1Y) Largest decline over 1 year	-9.21%	-6.55%	-2.66%
Max Drawdown (3Y) Largest decline over 3 years	-19.01%	-14.95%	-4.06%
Max Drawdown (5Y) Largest decline over 5 years	-25.46%	-18.58%	-6.88%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.53%	—
Current Drawdown Current decline from peak	-0.83%	-0.55%	-0.28%
Average Drawdown Average peak-to-trough decline	-5.40%	-9.28%	+3.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	1.60%	+0.53%

Volatility

BBUS vs. ILCV - Volatility Comparison

JPMorgan BetaBuilders U.S. Equity ETF (BBUS) has a higher volatility of 3.78% compared to iShares Morningstar Value ETF (ILCV) at 2.62%. This indicates that BBUS's price experiences larger fluctuations and is considered to be riskier than ILCV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBUS	ILCV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.78%	2.62%	+1.16%
Volatility (6M) Calculated over the trailing 6-month period	10.01%	7.26%	+2.75%
Volatility (1Y) Calculated over the trailing 1-year period	12.57%	10.00%	+2.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.15%	14.20%	+2.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.54%	16.62%	+2.92%

BBUS vs. ILCV - Expense Ratio Comparison

BBUS has a 0.02% expense ratio, which is lower than ILCV's 0.04% 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 vs. ILCV - Dividend Comparison

BBUS's dividend yield for the trailing twelve months is around 1.01%, less than ILCV's 1.58% 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%
ILCV iShares Morningstar Value ETF	1.58%	1.77%	1.99%	2.27%	2.32%	2.01%	2.96%	2.70%	2.93%	2.32%	2.76%	3.01%

Frequently Asked Questions

Can I hold both BBUS and ILCV in my portfolio?

BBUS and ILCV have a correlation of 0.79, 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 ILCV?

BBUS has higher volatility (3.78%) compared to ILCV (2.62%). In terms of maximum drawdown, BBUS dropped -35.35% vs ILCV's -58.63%.

Which ETF is better, BBUS or ILCV?

On 5-year performance, BBUS leads with 12.67% vs 12.13% for ILCV. On fees, BBUS is cheaper at 0.02% per year. On volatility, ILCV has been the lower-risk option at 2.62%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBUS or ILCV?

Over the 5-year period, BBUS has performed better with a 12.67% return vs 12.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBUS or ILCV?

BBUS is cheaper with a 0.02% expense ratio, compared with 0.04% for ILCV.

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

ILCV has the higher dividend yield at 1.58%, compared with 1.01% for BBUS.

What is the main difference between BBUS and ILCV?

BBUS is categorized as Large Cap Blend Equities, while ILCV is Large Cap Value Equities. BBUS tracks Morningstar US Target Market Exposure Index, while ILCV tracks Morningstar US Large-Mid Cap Broad Value Index. They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.02% for BBUS and 0.04% for ILCV.

Which has better risk-adjusted returns?

ILCV currently has the higher Sharpe Ratio (2.44 vs 1.69), 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.