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BLDG vs. BBRE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BLDG vs. BBRE

Last updated Jun 5, 2026

BLDG (Cambria Global Real Estate ETF) and BBRE (JPMorgan BetaBuilders MSCI US REIT ETF) are both REIT funds. BLDG is actively managed, while BBRE is passively managed. Over the past 5 years, BLDG returned 2.40%/yr vs 4.69%/yr for BBRE. Their correlation of 0.86 suggests significant overlap in exposure. BLDG charges 0.59%/yr vs 0.11%/yr for BBRE.

Performance

BLDG vs. BBRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cambria Global Real Estate ETF (BLDG) and JPMorgan BetaBuilders MSCI US REIT ETF (BBRE). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, BLDG achieves a 6.82% return, which is significantly lower than BBRE's 13.24% return.

BLDG

1D
0.82%
1M
0.01%
YTD
6.82%
6M
6.29%
1Y
11.06%
3Y*
9.14%
5Y*
2.40%
10Y*
—

BBRE

1D
1.31%
1M
0.49%
YTD
13.24%
6M
12.48%
1Y
15.55%
3Y*
11.69%
5Y*
4.69%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

BLDG vs. BBRE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
BLDG
Cambria Global Real Estate ETF		6.82%4.26%8.18%1.76%-14.66%22.47%15.37%
BBRE
JPMorgan BetaBuilders MSCI US REIT ETF		13.24%2.09%8.24%13.85%-24.68%42.99%15.65%

Correlation

The correlation between BLDG and BBRE 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

0.85

Correlation (All Time)
Calculated using the full available price history since Sep 25, 2020

0.86

The correlation between BLDG and BBRE has been stable across timeframes, ranging from 0.79 to 0.86 - a consistent structural relationship.

BLDG vs. BBRE - Sectors Allocation Comparison

Sectors
BLDG
BBRE

Real Estate

98.6%
98.9%

Financial Services

1.4%
0.1%

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Energy

-

-

Healthcare

-

-

Industrials

-

-

Technology

-

-

Utilities

-

-

Real Estate

BLDG
98.6%
BBRE
98.9%

Financial Services

BLDG
1.4%
BBRE
0.1%

Basic Materials

BLDG

-

BBRE

-

Communication Services

BLDG

-

BBRE

-

Consumer Cyclical

BLDG

-

BBRE

-

Consumer Defensive

BLDG

-

BBRE

-

Energy

BLDG

-

BBRE

-

Healthcare

BLDG

-

BBRE

-

Industrials

BLDG

-

BBRE

-

Technology

BLDG

-

BBRE

-

Utilities

BLDG

-

BBRE

-

Compare stocks, funds, or ETFs

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Cambria Global Real Estate ETF

JPMorgan BetaBuilders MSCI US REIT ETF

Often compared with BLDG:
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Often compared with BBRE:
BBRE vs. VNQBBRE vs. USRTBBRE vs. BBUSBBRE vs. PPTYBBRE vs. DFGRBBRE vs. XLREBBRE vs. SCHH

Return for Risk

BLDG vs. BBRE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BLDG
BLDG Risk / Return Rank: 2727
Overall Rank
BLDG Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
BLDG Sortino Ratio Rank: 2727
Sortino Ratio Rank
BLDG Omega Ratio Rank: 2626
Omega Ratio Rank
BLDG Calmar Ratio Rank: 2424
Calmar Ratio Rank
BLDG Martin Ratio Rank: 2828
Martin Ratio Rank
BBRE
BBRE Risk / Return Rank: 3535
Overall Rank
BBRE Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
BBRE Sortino Ratio Rank: 3131
Sortino Ratio Rank
BBRE Omega Ratio Rank: 3131
Omega Ratio Rank
BBRE Calmar Ratio Rank: 4040
Calmar Ratio Rank
BBRE Martin Ratio Rank: 3939
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.

BLDG vs. BBRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cambria Global Real Estate ETF (BLDG) and JPMorgan BetaBuilders MSCI US REIT ETF (BBRE). 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.

BLDGBBREDifference
Sharpe ratioReturn per unit of total volatility
1.00
1.16

-0.16

Sortino ratioReturn per unit of downside risk
1.45
1.63

-0.19

Omega ratioGain probability vs. loss probability

1.17

1.20

-0.03

Calmar ratioReturn relative to maximum drawdown

1.10

1.93

-0.83

Martin ratioReturn relative to average drawdown

3.88

6.10

-2.22

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BLDG vs. BBRE - Sharpe Ratio Comparison

The current BLDG Sharpe Ratio is 1.00, which is comparable to the BBRE Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of BLDG and BBRE, 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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Sharpe Ratios by Period

BLDGBBREDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.00

1.16

-0.16

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.16

0.25

-0.09

Sharpe Ratio (All Time)

Calculated using the full available price history

0.46

0.32

+0.14

Drawdowns

BLDG vs. BBRE - Drawdown Comparison

The maximum BLDG drawdown since its inception was -27.25%, smaller than the maximum BBRE drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for BLDG and BBRE.

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Drawdown Indicators

BLDGBBREDifference

Max Drawdown

Largest peak-to-trough decline

-27.25%

-43.61%

+16.36%

Max Drawdown (1Y)

Largest decline over 1 year

-10.08%

-8.07%

-2.01%

Max Drawdown (3Y)

Largest decline over 3 years

-18.57%

-18.92%

+0.35%

Max Drawdown (5Y)

Largest decline over 5 years

-27.25%

-31.15%

+3.90%

Current Drawdown

Current decline from peak

-1.96%

-1.85%

-0.11%

Average Drawdown

Average peak-to-trough decline

-9.22%

-10.52%

+1.30%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.86%

2.55%

+0.31%

Volatility

BLDG vs. BBRE - Volatility Comparison

The current volatility for Cambria Global Real Estate ETF (BLDG) is 3.58%, while JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) has a volatility of 4.15%. This indicates that BLDG experiences smaller price fluctuations and is considered to be less risky than BBRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BLDGBBREDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.58%

4.15%

-0.57%

Volatility (6M)

Calculated over the trailing 6-month period

8.26%

9.54%

-1.28%

Volatility (1Y)

Calculated over the trailing 1-year period

11.09%

13.44%

-2.35%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.27%

18.78%

-3.51%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.54%

22.56%

-7.02%

BLDG vs. BBRE - Expense Ratio Comparison

BLDG has a 0.59% expense ratio, which is higher than BBRE's 0.11% expense ratio.

Dividends

BLDG vs. BBRE - Dividend Comparison

BLDG's dividend yield for the trailing twelve months is around 5.68%, more than BBRE's 2.77% yield.

PositionTTM20252024202320222021202020192018
BBRE
JPMorgan BetaBuilders MSCI US REIT ETF		2.77%3.24%3.19%3.68%2.62%1.70%3.17%2.19%1.96%
BLDG
Cambria Global Real Estate ETF		5.68%7.46%7.97%4.99%3.99%10.40%0.59%0.00%0.00%

Frequently Asked Questions

BLDG and BBRE 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.

BBRE has higher volatility (4.15%) compared to BLDG (3.58%). In terms of maximum drawdown, BLDG dropped -27.25% vs BBRE's -43.61%.

On 5-year performance, BBRE leads with 4.69% vs 2.40% for BLDG. On fees, BBRE is cheaper at 0.11% per year. On volatility, BLDG has been the lower-risk option at 3.58%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, BBRE has performed better with a 4.69% return vs 2.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

BBRE is cheaper with a 0.11% expense ratio, compared with 0.59% for BLDG.

BLDG has the higher dividend yield at 5.68%, compared with 2.77% for BBRE.

They also come from different issuers: Cambria and JPMorgan. Their fees differ too: 0.59% for BLDG and 0.11% for BBRE.

BBRE currently has the higher Sharpe Ratio (1.16 vs 1.00), 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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