BWTG vs. BBUS

Last updated Jun 25, 2026

BWTG (Brendan Wood TopGun ETF) and BBUS (JPMorgan BetaBuilders U.S. Equity ETF) are both Large Cap Blend Equities funds. BWTG is actively managed, while BBUS is passively managed. Over the past year, BWTG returned 17.62% vs 21.54% for BBUS. Their correlation of 0.88 suggests significant overlap in exposure. BWTG charges 0.95%/yr vs 0.02%/yr for BBUS.

Performance

BWTG vs. BBUS - Performance Comparison

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

Returns By Period

In the year-to-date period, BWTG achieves a 6.30% return, which is significantly lower than BBUS's 7.68% return.

BWTG

• 1D: -0.21%
• 1M: 2.32%
• YTD: 6.30%
• 6M: 5.50%
• 1Y: 17.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BBUS

• 1D: -0.15%
• 1M: -1.43%
• YTD: 7.68%
• 6M: 6.38%
• 1Y: 21.54%
• 3Y*: 20.74%
• 5Y*: 12.46%
• 10Y*: —

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

BWTG vs. BBUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BWTG Brendan Wood TopGun ETF	6.30%	16.45%	20.68%	11.17%
BBUS JPMorgan BetaBuilders U.S. Equity ETF	7.68%	17.77%	24.89%	9.46%

Correlation

The correlation between BWTG and BBUS is 0.87, 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	0.87
Correlation (All Time) Calculated using the full available price history since Nov 9, 2023	0.88

The correlation between BWTG and BBUS has been stable across timeframes, ranging from 0.87 to 0.88 - a consistent structural relationship.

BWTG vs. BBUS - Sectors Allocation Comparison

Sectors	BWTG	BBUS
Technology	27.3%	38.1%
Financial Services	22.7%	11.2%
Industrials	15.0%	7.4%
Real Estate	11.8%	1.7%
Healthcare	7.1%	8.0%
Communication Services	4.2%	10.0%
Consumer Defensive	4.2%	4.4%
Consumer Cyclical	3.9%	9.1%
Utilities	3.4%	2.6%
Basic Materials	-	1.2%
Energy	-	3.0%

Return for Risk

BWTG vs. BBUS — Risk / Return Rank

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

BWTG

BWTG Risk / Return Rank: 46
BWTG Sharpe Ratio Rank: 47
BWTG Sortino Ratio Rank: 46
BWTG Omega Ratio Rank: 45
BWTG Calmar Ratio Rank: 40
BWTG Martin Ratio Rank: 52

BBUS

BBUS Risk / Return Rank: 57
BBUS Sharpe Ratio Rank: 58
BBUS Sortino Ratio Rank: 55
BBUS Omega Ratio Rank: 56
BBUS Calmar Ratio Rank: 53
BBUS Martin Ratio Rank: 64

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.

BWTG vs. BBUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brendan Wood TopGun ETF (BWTG) and JPMorgan BetaBuilders U.S. Equity ETF (BBUS). 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.

	BWTG	BBUS	Difference
Sharpe ratio: Return per unit of total volatility	1.45	1.73	-0.28
Sortino ratio: Return per unit of downside risk	2.07	2.37	-0.31
Omega ratio: Gain probability vs. loss probability	1.26	1.31	-0.05
Calmar ratio: Return relative to maximum drawdown	1.78	2.35	-0.57
Martin ratio: Return relative to average drawdown	7.91	10.33	-2.42

BWTG vs. BBUS - Sharpe Ratio Comparison

The current BWTG Sharpe Ratio is 1.45, which is comparable to the BBUS Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of BWTG and BBUS, 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

BWTG vs. BBUS - Drawdown Comparison

The maximum BWTG drawdown since its inception was -13.18%, smaller than the maximum BBUS drawdown of -35.35%. Use the drawdown chart below to compare losses from any high point for BWTG and BBUS.

Drawdown Indicators

	BWTG	BBUS	Difference
Max Drawdown Largest peak-to-trough decline	-13.18%	-35.35%	+22.17%
Max Drawdown (1Y) Largest decline over 1 year	-9.93%	-9.21%	-0.72%
Max Drawdown (3Y) Largest decline over 3 years	—	-19.01%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.46%	—
Current Drawdown Current decline from peak	-1.84%	-3.37%	+1.53%
Average Drawdown Average peak-to-trough decline	-1.75%	-5.43%	+3.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	2.09%	+0.14%

Volatility

BWTG vs. BBUS - Volatility Comparison

Brendan Wood TopGun ETF (BWTG) and JPMorgan BetaBuilders U.S. Equity ETF (BBUS) have volatilities of 4.86% and 4.89%, 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.

Volatility by Period

	BWTG	BBUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.86%	4.89%	-0.03%
Volatility (6M) Calculated over the trailing 6-month period	10.12%	9.87%	+0.25%
Volatility (1Y) Calculated over the trailing 1-year period	12.22%	12.53%	-0.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.10%	17.13%	-3.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.10%	19.59%	-5.49%

BWTG vs. BBUS - Expense Ratio Comparison

BWTG has a 0.95% expense ratio, which is higher than BBUS's 0.02% expense ratio.

Dividends

BWTG vs. BBUS - Dividend Comparison

BWTG's dividend yield for the trailing twelve months is around 0.33%, less than BBUS's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BBUS JPMorgan BetaBuilders U.S. Equity ETF	1.03%	1.07%	1.21%	1.38%	1.57%	1.11%	1.43%	1.37%
BWTG Brendan Wood TopGun ETF	0.33%	0.35%	0.25%	0.19%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BWTG and BBUS in my portfolio?

BWTG and BBUS have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BWTG or BBUS?

BBUS has higher volatility (4.89%) compared to BWTG (4.86%). In terms of maximum drawdown, BWTG dropped -13.18% vs BBUS's -35.35%.

Which ETF is better, BWTG or BBUS?

On 1-year performance, BBUS leads with 21.54% vs 17.62% for BWTG. On fees, BBUS is cheaper at 0.02% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BWTG or BBUS?

Over the 1-year period, BBUS has performed better with a 21.54% return vs 17.62%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BWTG or BBUS?

BBUS is cheaper with a 0.02% expense ratio, compared with 0.95% for BWTG.

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

BBUS has the higher dividend yield at 1.03%, compared with 0.33% for BWTG.

What is the main difference between BWTG and BBUS?

They also come from different issuers: Brendan Wood and JPMorgan. Their fees differ too: 0.95% for BWTG and 0.02% for BBUS.

Which has better risk-adjusted returns?

BBUS currently has the higher Sharpe Ratio (1.73 vs 1.45), 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.