BBUS vs. JVAL

Last updated Jun 4, 2026

BBUS (JP Morgan Betabuilders U.S. Equity ETF) and JVAL (JPMorgan U.S. Value Factor ETF) are both exchange-traded funds - BBUS is a Large Cap Growth Equities fund tracking the Morningstar US Target Market Exposure Index, while JVAL is a Large Cap Value Equities fund tracking the JP Morgan US Value Factor Index. Both are passively managed. Over the past 5 years, BBUS returned 13.43%/yr vs 12.29%/yr for JVAL. Their correlation of 0.89 suggests significant overlap in exposure. BBUS charges 0.02%/yr vs 0.12%/yr for JVAL.

Performance

BBUS vs. JVAL - Performance Comparison

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

Returns By Period

In the year-to-date period, BBUS achieves a 10.60% return, which is significantly lower than JVAL's 19.44% return.

BBUS

• 1D: -0.74%
• 1M: 5.12%
• YTD: 10.60%
• 6M: 10.47%
• 1Y: 27.47%
• 3Y*: 22.46%
• 5Y*: 13.43%
• 10Y*: —

JVAL

• 1D: -0.29%
• 1M: 8.75%
• YTD: 19.44%
• 6M: 19.72%
• 1Y: 39.93%
• 3Y*: 22.05%
• 5Y*: 12.29%
• 10Y*: —

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

BBUS vs. JVAL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
BBUS JP Morgan Betabuilders U.S. Equity ETF	10.60%	17.77%	24.89%	27.20%	-19.46%	27.13%	20.69%	16.53%
JVAL JPMorgan U.S. Value Factor ETF	19.44%	16.16%	14.53%	19.48%	-11.58%	31.31%	6.43%	14.22%

Correlation

The correlation between BBUS and JVAL is 0.85, 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	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (All Time) Calculated using the full available price history since Mar 14, 2019	0.89

The correlation between BBUS and JVAL has been stable across timeframes, ranging from 0.85 to 0.90 - a consistent structural relationship.

BBUS vs. JVAL - Sectors Allocation Comparison

Sectors	BBUS	JVAL
Technology	37.1%	39.2%
Financial Services	10.8%	9.3%
Communication Services	10.8%	6.9%
Consumer Cyclical	9.4%	10.5%
Healthcare	8.1%	8.2%
Industrials	7.2%	7.4%
Consumer Defensive	4.5%	3.1%
Energy	3.2%	3.5%
Utilities	2.6%	2.1%
Real Estate	1.7%	2.6%
Basic Materials	1.2%	2.1%

Return for Risk

BBUS vs. JVAL — Risk / Return Rank

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

BBUS

BBUS Risk / Return Rank: 68
BBUS Sharpe Ratio Rank: 70
BBUS Sortino Ratio Rank: 68
BBUS Omega Ratio Rank: 68
BBUS Calmar Ratio Rank: 60
BBUS Martin Ratio Rank: 72

JVAL

JVAL Risk / Return Rank: 86
JVAL Sharpe Ratio Rank: 87
JVAL Sortino Ratio Rank: 87
JVAL Omega Ratio Rank: 83
JVAL Calmar Ratio Rank: 85
JVAL Martin Ratio Rank: 87

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. JVAL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JP Morgan Betabuilders U.S. Equity ETF (BBUS) and JPMorgan U.S. Value Factor ETF (JVAL). 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	JVAL	Difference
Sharpe ratio: Return per unit of total volatility	2.33	2.92	-0.59
Sortino ratio: Return per unit of downside risk	3.18	3.99	-0.82
Omega ratio: Gain probability vs. loss probability	1.42	1.51	-0.09
Calmar ratio: Return relative to maximum drawdown	3.00	4.73	-1.73
Martin ratio: Return relative to average drawdown	13.76	18.70	-4.94
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 vs. JVAL - Sharpe Ratio Comparison

The current BBUS Sharpe Ratio is 2.33, which is comparable to the JVAL Sharpe Ratio of 2.92. The chart below compares the historical Sharpe Ratios of BBUS and JVAL, 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	JVAL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.33	2.92	-0.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.72	+0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	0.67	+0.17

Drawdowns

BBUS vs. JVAL - Drawdown Comparison

The maximum BBUS drawdown since its inception was -35.35%, smaller than the maximum JVAL drawdown of -40.42%. Use the drawdown chart below to compare losses from any high point for BBUS and JVAL.

Drawdown Indicators

	BBUS	JVAL	Difference
Max Drawdown Largest peak-to-trough decline	-35.35%	-40.42%	+5.07%
Max Drawdown (1Y) Largest decline over 1 year	-9.21%	-8.48%	-0.73%
Max Drawdown (3Y) Largest decline over 3 years	-19.01%	-20.07%	+1.06%
Max Drawdown (5Y) Largest decline over 5 years	-25.46%	-22.39%	-3.07%
Current Drawdown Current decline from peak	-0.74%	-0.29%	-0.45%
Average Drawdown Average peak-to-trough decline	-5.46%	-5.30%	-0.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	2.14%	-0.14%

Volatility

BBUS vs. JVAL - Volatility Comparison

The current volatility for JP Morgan Betabuilders U.S. Equity ETF (BBUS) is 2.88%, while JPMorgan U.S. Value Factor ETF (JVAL) has a volatility of 4.02%. This indicates that BBUS experiences smaller price fluctuations and is considered to be less risky than JVAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BBUS	JVAL	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.88%	4.02%	-1.14%
Volatility (6M) Calculated over the trailing 6-month period	8.96%	10.08%	-1.12%
Volatility (1Y) Calculated over the trailing 1-year period	11.87%	13.79%	-1.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.03%	17.13%	-0.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.59%	19.82%	-0.23%

BBUS vs. JVAL - Expense Ratio Comparison

BBUS has a 0.02% expense ratio, which is lower than JVAL's 0.12% 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. JVAL - Dividend Comparison

BBUS's dividend yield for the trailing twelve months is around 0.98%, less than JVAL's 1.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BBUS JP Morgan Betabuilders U.S. Equity ETF	0.98%	1.07%	1.21%	1.38%	1.57%	1.11%	1.43%	1.37%	0.00%	0.00%
JVAL JPMorgan U.S. Value Factor ETF	1.72%	2.08%	2.21%	2.43%	2.46%	1.88%	2.55%	2.58%	2.61%	0.45%

Frequently Asked Questions

Can I hold both BBUS and JVAL in my portfolio?

BBUS and JVAL have a correlation of 0.85, 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 JVAL?

JVAL has higher volatility (4.02%) compared to BBUS (2.88%). In terms of maximum drawdown, BBUS dropped -35.35% vs JVAL's -40.42%.

Which ETF is better, BBUS or JVAL?

On 5-year performance, BBUS leads with 13.43% vs 12.29% for JVAL. On fees, BBUS is cheaper at 0.02% per year. On volatility, BBUS has been the lower-risk option at 2.88%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BBUS or JVAL?

Over the 5-year period, BBUS has performed better with a 13.43% return vs 12.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BBUS or JVAL?

BBUS is cheaper with a 0.02% expense ratio, compared with 0.12% for JVAL.

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

JVAL has the higher dividend yield at 1.72%, compared with 0.98% for BBUS.

What is the main difference between BBUS and JVAL?

BBUS is categorized as Large Cap Growth Equities, while JVAL is Large Cap Value Equities. BBUS tracks Morningstar US Target Market Exposure Index, while JVAL tracks JP Morgan US Value Factor Index. Their fees differ too: 0.02% for BBUS and 0.12% for JVAL.

Which has better risk-adjusted returns?

JVAL currently has the higher Sharpe Ratio (2.92 vs 2.33), 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.