BESF vs. BBSB

Last updated Aug 4, 2026

BESF (Bastion Energy ETF) and BBSB (JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF) are both exchange-traded funds - BESF is a Energy Equities fund actively managed by Bastion, while BBSB is a Government Bonds fund tracking the ICE U.S. Treasury 1-3 Year Bond Index. BESF is actively managed, while BBSB is passively managed. Over the past year, BESF returned 57.27% vs 2.65% for BBSB. Their -0.30 correlation means they have often moved in opposite directions in the past. BESF charges 0.80%/yr vs 0.04%/yr for BBSB.

Performance

BESF vs. BBSB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bastion Energy ETF (BESF) and JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF (BBSB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BESF achieves a 16.63% return, which is significantly higher than BBSB's 0.83% return.

BESF

• 1D: -0.84%
• 1M: 1.95%
• 6M: 8.30%
• YTD: 16.63%
• 1Y: 57.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 51.25%

BBSB

• 1D: 0.07%
• 1M: 0.13%
• 6M: 0.68%
• YTD: 0.83%
• 1Y: 2.65%
• 3Y*: 4.21%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 3.80%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BBSB JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF	$123.02K	$101.38K	$399.66K
BESF Bastion Energy ETF	$44.12K	$86.97K	$91.20K

BESF vs. BBSB - Yearly Performance Comparison

	2026 (YTD)	2025
BESF Bastion Energy ETF	16.63%	38.76%
BBSB JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF	0.83%	2.94%

Correlation

The correlation between BESF and BBSB is -0.33, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.33
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	-0.30

Return for Risk

BESF vs. BBSB — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BESF

BESF Risk / Return Rank: 87
BESF Sharpe Ratio Rank: 89
BESF Sortino Ratio Rank: 86
BESF Omega Ratio Rank: 83
BESF Calmar Ratio Rank: 94
BESF Martin Ratio Rank: 83

BBSB

BBSB Risk / Return Rank: 86
BBSB Sharpe Ratio Rank: 88
BBSB Sortino Ratio Rank: 92
BBSB Omega Ratio Rank: 88
BBSB Calmar Ratio Rank: 80
BBSB Martin Ratio Rank: 84

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BESF vs. BBSB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bastion Energy ETF (BESF) and JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF (BBSB). 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.

	BESF	BBSB	Difference
Sharpe ratio: Return per unit of total volatility	2.31	2.24	+0.07
Sortino ratio: Return per unit of downside risk	3.10	3.49	-0.39
Omega ratio: Gain probability vs. loss probability	1.38	1.42	-0.04
Calmar ratio: Return relative to maximum drawdown	5.25	3.11	+2.13
Martin ratio: Return relative to average drawdown	12.22	12.40	-0.17

BESF vs. BBSB - Sharpe Ratio Comparison

The current BESF Sharpe Ratio is 2.31, which is comparable to the BBSB Sharpe Ratio of 2.24. The chart below compares the historical Sharpe Ratios of BESF and BBSB, 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

BESF vs. BBSB - Drawdown Comparison

The maximum BESF drawdown since its inception was -10.97%, which is greater than BBSB's maximum drawdown of -1.57%. Use the drawdown chart below to compare losses from any high point for BESF and BBSB.

Drawdown Indicators

	BESF	BBSB	Difference
Max Drawdown Largest peak-to-trough decline	-10.97%	-1.57%	-9.40%
Max Drawdown (1Y) Largest decline over 1 year	-10.97%	-0.86%	-10.11%
Max Drawdown (3Y) Largest decline over 3 years	—	-0.96%	—
Current Drawdown Current decline from peak	-8.33%	0.00%	-8.33%
Average Drawdown Average peak-to-trough decline	-3.24%	-0.30%	-2.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.70%	0.21%	+4.49%

Volatility

BESF vs. BBSB - Volatility Comparison

Bastion Energy ETF (BESF) has a higher volatility of 7.35% compared to JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF (BBSB) at 0.35%. This indicates that BESF's price experiences larger fluctuations and is considered to be riskier than BBSB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BESF	BBSB	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.35%	0.35%	+7.00%
Volatility (6M) Calculated over the trailing 6-month period	15.35%	0.95%	+14.40%
Volatility (1Y) Calculated over the trailing 1-year period	24.97%	1.19%	+23.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.29%	1.65%	+22.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.29%	1.65%	+22.64%

BESF vs. BBSB - Expense Ratio Comparison

BESF has a 0.80% expense ratio, which is higher than BBSB's 0.04% expense ratio.

Dividends

BESF vs. BBSB - Dividend Comparison

BESF's dividend yield for the trailing twelve months is around 5.90%, more than BBSB's 3.79% yield.

Position	TTM	2025	2024	2023
BBSB JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF	3.79%	3.69%	4.84%	3.50%
BESF Bastion Energy ETF	5.90%	6.39%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BESF and BBSB in my portfolio?

BESF and BBSB have a correlation of -0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BESF or BBSB?

BESF has higher volatility (7.35%) compared to BBSB (0.35%). In terms of maximum drawdown, BESF dropped -10.97% vs BBSB's -1.57%.

Which ETF is better, BESF or BBSB?

On 1-year performance, BESF leads with 57.27% vs 2.65% for BBSB. On fees, BBSB is cheaper at 0.04% per year. On volatility, BBSB has been the lower-risk option at 0.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BESF or BBSB?

Over the 1-year period, BESF has performed better with a 57.27% return vs 2.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BESF or BBSB?

BBSB is cheaper with a 0.04% expense ratio, compared with 0.80% for BESF.

Which ETF pays a higher dividend yield, BESF or BBSB?

BESF has the higher dividend yield at 5.90%, compared with 3.79% for BBSB.

What is the main difference between BESF and BBSB?

BESF is categorized as Energy Equities, while BBSB is Government Bonds. They also come from different issuers: Bastion and JPMorgan. Their fees differ too: 0.80% for BESF and 0.04% for BBSB.

Which has better risk-adjusted returns?

BESF currently has the higher Sharpe Ratio (2.31 vs 2.24), 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.