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BBUS vs. VOO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BBUS vs. VOO

Last updated Jun 23, 2026

BBUS (JPMorgan BetaBuilders U.S. Equity ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - BBUS is a Large Cap Blend Equities fund tracking the Morningstar US Target Market Exposure Index, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, BBUS returned 13.03%/yr vs 13.58%/yr for VOO. With a 0.99 correlation, they move nearly in lockstep. BBUS charges 0.02%/yr vs 0.03%/yr for VOO.

Performance

BBUS vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan BetaBuilders U.S. Equity ETF (BBUS) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both investments are quite close, with BBUS having a 9.41% return and VOO slightly higher at 9.75%.

BBUS

1D
-0.31%
1M
0.15%
YTD
9.41%
6M
8.89%
1Y
26.13%
3Y*
21.38%
5Y*
13.03%
10Y*
—

VOO

1D
-0.29%
1M
0.08%
YTD
9.75%
6M
9.30%
1Y
26.77%
3Y*
21.36%
5Y*
13.58%
10Y*
15.77%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BBUS vs. VOO - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
BBUS
JPMorgan BetaBuilders U.S. Equity ETF		9.41%17.77%24.89%27.20%-19.46%27.13%20.69%16.26%
VOO
Vanguard S&P 500 ETF		9.75%17.82%24.98%26.32%-18.17%28.79%18.32%17.50%

Correlation

The correlation between BBUS and VOO is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

1.00

Correlation (3Y)
Calculated over the trailing 3-year period

1.00

Correlation (5Y)
Calculated over the trailing 5-year period

1.00

Correlation (All Time)
Calculated using the full available price history since Mar 13, 2019

0.99

The correlation between BBUS and VOO has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.

BBUS vs. VOO - Sectors Allocation Comparison

Sectors
BBUS
VOO

Technology

38.1%
39.1%

Financial Services

11.2%
10.9%

Communication Services

10.0%
10.5%

Consumer Cyclical

9.1%
9.8%

Healthcare

8.0%
8.3%

Industrials

7.4%
7.6%

Consumer Defensive

4.4%
4.5%

Energy

3.0%
3.2%

Utilities

2.6%
2.5%

Real Estate

1.7%
1.8%

Basic Materials

1.2%
1.7%

Technology

BBUS
38.1%
VOO
39.1%

Financial Services

BBUS
11.2%
VOO
10.9%

Communication Services

BBUS
10.0%
VOO
10.5%

Consumer Cyclical

BBUS
9.1%
VOO
9.8%

Healthcare

BBUS
8.0%
VOO
8.3%

Industrials

BBUS
7.4%
VOO
7.6%

Consumer Defensive

BBUS
4.4%
VOO
4.5%

Energy

BBUS
3.0%
VOO
3.2%

Utilities

BBUS
2.6%
VOO
2.5%

Real Estate

BBUS
1.7%
VOO
1.8%

Basic Materials

BBUS
1.2%
VOO
1.7%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

JPMorgan BetaBuilders U.S. Equity ETF

Vanguard S&P 500 ETF

Often compared with BBUS:
BBUS vs. VTIBBUS vs. BBREBBUS vs. SPTMBBUS vs. QQQBBUS vs. BBCABBUS vs. SCHKBBUS vs. IVV
Often compared with VOO:
VOO vs. VTIVOO vs. QQQVOO vs. SCHDVOO vs. VTVOO vs. SPYVOO vs. FXAIXVOO vs. VGT

Return for Risk

BBUS vs. VOO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BBUS
BBUS Risk / Return Rank: 6565
Overall Rank
BBUS Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
BBUS Sortino Ratio Rank: 6363
Sortino Ratio Rank
BBUS Omega Ratio Rank: 6666
Omega Ratio Rank
BBUS Calmar Ratio Rank: 5959
Calmar Ratio Rank
BBUS Martin Ratio Rank: 7070
Martin Ratio Rank
VOO
VOO Risk / Return Rank: 6868
Overall Rank
VOO Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
VOO Sortino Ratio Rank: 6767
Sortino Ratio Rank
VOO Omega Ratio Rank: 6969
Omega Ratio Rank
VOO Calmar Ratio Rank: 6363
Calmar Ratio Rank
VOO Martin Ratio Rank: 7474
Martin Ratio Rank
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. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan BetaBuilders U.S. Equity ETF (BBUS) and Vanguard S&P 500 ETF (VOO). 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.

BBUSVOODifference
Sharpe ratioReturn per unit of total volatility
2.11
2.17

-0.07

Sortino ratioReturn per unit of downside risk
2.85
2.93

-0.08

Omega ratioGain probability vs. loss probability

1.38

1.39

-0.01

Calmar ratioReturn relative to maximum drawdown

2.85

3.02

-0.17

Martin ratioReturn relative to average drawdown

12.65

13.58

-0.93

BBUS vs. VOO - Sharpe Ratio Comparison

The current BBUS Sharpe Ratio is 2.11, which is comparable to the VOO Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of BBUS and VOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

BBUS vs. VOO - Drawdown Comparison

The maximum BBUS drawdown since its inception was -35.35%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BBUS and VOO.

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Drawdown Indicators

BBUSVOODifference

Max Drawdown

Largest peak-to-trough decline

-35.35%

-33.99%

-1.36%

Max Drawdown (1Y)

Largest decline over 1 year

-9.21%

-8.90%

-0.31%

Max Drawdown (3Y)

Largest decline over 3 years

-19.01%

-18.69%

-0.32%

Max Drawdown (5Y)

Largest decline over 5 years

-25.46%

-24.52%

-0.94%

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.99%

—

Current Drawdown

Current decline from peak

-1.82%

-1.74%

-0.08%

Average Drawdown

Average peak-to-trough decline

-5.43%

-3.68%

-1.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.07%

1.98%

+0.09%

Volatility

BBUS vs. VOO - Volatility Comparison

JPMorgan BetaBuilders U.S. Equity ETF (BBUS) and Vanguard S&P 500 ETF (VOO) have volatilities of 4.70% and 4.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BBUSVOODifference

Volatility (1M)

Calculated over the trailing 1-month period

4.70%

4.60%

+0.10%

Volatility (6M)

Calculated over the trailing 6-month period

9.81%

9.73%

+0.08%

Volatility (1Y)

Calculated over the trailing 1-year period

12.49%

12.39%

+0.10%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.12%

16.90%

+0.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.59%

18.05%

+1.54%

BBUS vs. VOO - Expense Ratio Comparison

BBUS has a 0.02% expense ratio, which is lower than VOO's 0.03% 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. VOO - Dividend Comparison

BBUS's dividend yield for the trailing twelve months is around 0.99%, less than VOO's 1.04% yield.

PositionTTM20252024202320222021202020192018201720162015
BBUS
JPMorgan BetaBuilders U.S. Equity ETF		0.99%1.07%1.21%1.38%1.57%1.11%1.43%1.37%0.00%0.00%0.00%0.00%
VOO
Vanguard S&P 500 ETF		1.04%1.13%1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%

Frequently Asked Questions

With a correlation of 1.00, BBUS and VOO 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.

BBUS has higher volatility (4.70%) compared to VOO (4.60%). In terms of maximum drawdown, BBUS dropped -35.35% vs VOO's -33.99%.

On 5-year performance, VOO leads with 13.58% vs 13.03% for BBUS. On fees, BBUS is cheaper at 0.02% per year. On volatility, VOO has been the lower-risk option at 4.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, VOO has performed better with a 13.58% return vs 13.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

BBUS is cheaper with a 0.02% expense ratio, compared with 0.03% for VOO.

VOO has the higher dividend yield at 1.04%, compared with 0.99% for BBUS.

BBUS is categorized as Large Cap Blend Equities, while VOO is S&P 500. BBUS tracks Morningstar US Target Market Exposure Index, while VOO tracks S&P 500 Index. They also come from different issuers: JPMorgan and Vanguard. Their fees differ too: 0.02% for BBUS and 0.03% for VOO.

VOO currently has the higher Sharpe Ratio (2.17 vs 2.11), 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.

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