DUBS vs. BBUS

Last updated Jun 24, 2026

DUBS (Aptus Large Cap Enhanced Yield ETF) and BBUS (JPMorgan BetaBuilders U.S. Equity ETF) are both Large Cap Blend Equities funds. DUBS is actively managed, while BBUS is passively managed. Over the past 3 years, DUBS returned 20.66%/yr vs 20.70%/yr for BBUS. With a 0.98 correlation, they move nearly in lockstep. DUBS charges 0.39%/yr vs 0.02%/yr for BBUS.

Performance

DUBS vs. BBUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aptus Large Cap Enhanced Yield ETF (DUBS) 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, DUBS achieves a 9.45% return, which is significantly higher than BBUS's 7.57% return.

DUBS

• 1D: -1.58%
• 1M: -1.54%
• YTD: 9.45%
• 6M: 8.85%
• 1Y: 27.27%
• 3Y*: 20.66%
• 5Y*: —
• 10Y*: —

BBUS

• 1D: -1.68%
• 1M: -1.53%
• YTD: 7.57%
• 6M: 6.62%
• 1Y: 22.78%
• 3Y*: 20.70%
• 5Y*: 12.52%
• 10Y*: —

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

DUBS vs. BBUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DUBS Aptus Large Cap Enhanced Yield ETF	9.45%	19.28%	24.08%	7.89%
BBUS JPMorgan BetaBuilders U.S. Equity ETF	7.57%	17.77%	24.89%	10.61%

Correlation

The correlation between DUBS and BBUS is 0.98 - 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	0.98
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (All Time) Calculated using the full available price history since Jun 14, 2023	0.98

The correlation between DUBS and BBUS has been stable across timeframes, ranging from 0.98 to 0.98 - a consistent structural relationship.

DUBS vs. BBUS - Sectors Allocation Comparison

Sectors	DUBS	BBUS
Technology	38.8%	38.1%
Financial Services	11.0%	11.2%
Communication Services	10.8%	10.0%
Consumer Cyclical	10.0%	9.1%
Healthcare	8.3%	8.0%
Industrials	7.9%	7.4%
Consumer Defensive	4.5%	4.4%
Energy	3.2%	3.0%
Utilities	2.1%	2.6%
Real Estate	1.8%	1.7%
Basic Materials	1.7%	1.2%

Return for Risk

DUBS vs. BBUS — Risk / Return Rank

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

DUBS

DUBS Risk / Return Rank: 71
DUBS Sharpe Ratio Rank: 68
DUBS Sortino Ratio Rank: 64
DUBS Omega Ratio Rank: 69
DUBS Calmar Ratio Rank: 71
DUBS Martin Ratio Rank: 81

BBUS

BBUS Risk / Return Rank: 56
BBUS Sharpe Ratio Rank: 56
BBUS Sortino Ratio Rank: 54
BBUS Omega Ratio Rank: 55
BBUS Calmar Ratio Rank: 52
BBUS Martin Ratio Rank: 63

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.

DUBS vs. BBUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aptus Large Cap Enhanced Yield ETF (DUBS) 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.

	DUBS	BBUS	Difference
Sharpe ratio: Return per unit of total volatility	2.03	1.82	+0.21
Sortino ratio: Return per unit of downside risk	2.72	2.48	+0.24
Omega ratio: Gain probability vs. loss probability	1.37	1.33	+0.04
Calmar ratio: Return relative to maximum drawdown	3.30	2.49	+0.82
Martin ratio: Return relative to average drawdown	14.90	10.97	+3.93

DUBS vs. BBUS - Sharpe Ratio Comparison

The current DUBS Sharpe Ratio is 2.03, which is comparable to the BBUS Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of DUBS 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

DUBS vs. BBUS - Drawdown Comparison

The maximum DUBS drawdown since its inception was -18.48%, smaller than the maximum BBUS drawdown of -35.35%. Use the drawdown chart below to compare losses from any high point for DUBS and BBUS.

Drawdown Indicators

	DUBS	BBUS	Difference
Max Drawdown Largest peak-to-trough decline	-18.48%	-35.35%	+16.87%
Max Drawdown (1Y) Largest decline over 1 year	-8.29%	-9.21%	+0.92%
Max Drawdown (3Y) Largest decline over 3 years	-18.48%	-19.01%	+0.53%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.46%	—
Current Drawdown Current decline from peak	-3.32%	-3.47%	+0.15%
Average Drawdown Average peak-to-trough decline	-1.95%	-5.43%	+3.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.83%	2.08%	-0.25%

Volatility

DUBS vs. BBUS - Volatility Comparison

Aptus Large Cap Enhanced Yield ETF (DUBS) has a higher volatility of 5.37% compared to JPMorgan BetaBuilders U.S. Equity ETF (BBUS) at 5.00%. This indicates that DUBS's price experiences larger fluctuations and is considered to be riskier than BBUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DUBS	BBUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.37%	5.00%	+0.37%
Volatility (6M) Calculated over the trailing 6-month period	10.63%	9.95%	+0.68%
Volatility (1Y) Calculated over the trailing 1-year period	13.53%	12.59%	+0.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.72%	17.14%	-2.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.72%	19.59%	-4.87%

DUBS vs. BBUS - Expense Ratio Comparison

DUBS has a 0.39% expense ratio, which is higher than BBUS's 0.02% expense ratio.

Dividends

DUBS vs. BBUS - Dividend Comparison

DUBS's dividend yield for the trailing twelve months is around 1.99%, more than BBUS's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BBUS JPMorgan BetaBuilders U.S. Equity ETF	1.01%	1.07%	1.21%	1.38%	1.57%	1.11%	1.43%	1.37%
DUBS Aptus Large Cap Enhanced Yield ETF	1.99%	2.06%	2.52%	1.14%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DUBS and BBUS in my portfolio?

With a correlation of 0.98, DUBS and BBUS 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.

Which is riskier, DUBS or BBUS?

DUBS has higher volatility (5.37%) compared to BBUS (5.00%). In terms of maximum drawdown, DUBS dropped -18.48% vs BBUS's -35.35%.

Which ETF is better, DUBS or BBUS?

On 3-year performance, BBUS leads with 20.70% vs 20.66% for DUBS. On fees, BBUS is cheaper at 0.02% per year. On volatility, BBUS has been the lower-risk option at 5.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DUBS or BBUS?

Over the 3-year period, BBUS has performed better with a 20.70% return vs 20.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DUBS or BBUS?

BBUS is cheaper with a 0.02% expense ratio, compared with 0.39% for DUBS.

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

DUBS has the higher dividend yield at 1.99%, compared with 1.01% for BBUS.

What is the main difference between DUBS and BBUS?

They also come from different issuers: Aptus and JPMorgan. Their fees differ too: 0.39% for DUBS and 0.02% for BBUS.

Which has better risk-adjusted returns?

DUBS currently has the higher Sharpe Ratio (2.03 vs 1.82), 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.