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EDEN vs. BBEU
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EDEN vs. BBEU

Last updated Aug 4, 2026
Documentation

EDEN (iShares MSCI Denmark ETF) and BBEU (JPMorgan BetaBuilders Europe ETF) are both Europe Equities funds - EDEN tracks the MSCI Denmark IMI 25/50 Index while BBEU tracks the Morningstar Developed Europe Target Market Exposure Index. Both are passively managed. Over the past 5 years, EDEN returned 1.55%/yr vs 9.68%/yr for BBEU. Their 0.75 correlation means they have sometimes moved together and sometimes differently. EDEN charges 0.53%/yr vs 0.09%/yr for BBEU.

Performance

EDEN vs. BBEU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Denmark ETF (EDEN) and JPMorgan BetaBuilders Europe ETF (BBEU). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, EDEN achieves a 0.35% return, which is significantly lower than BBEU's 10.57% return.

EDEN

1D
-0.36%
1M
-1.54%
6M
-6.38%
YTD
0.35%
1Y
11.28%
3Y*
4.96%
5Y*
1.55%
10Y*
9.23%
ALL TIME*
12.17%

BBEU

1D
0.37%
1M
1.26%
6M
4.94%
YTD
10.57%
1Y
25.20%
3Y*
17.74%
5Y*
9.68%
10Y*
—
ALL TIME*
9.50%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

BBEU

JPMorgan BetaBuilders Europe ETF
$15.59M$17.15M$27.91M

EDEN

iShares MSCI Denmark ETF
$592.81K$1.22M$1.02M

EDEN vs. BBEU - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
EDEN
iShares MSCI Denmark ETF		0.35%10.58%-3.94%17.99%-11.47%14.81%42.56%24.37%-12.78%
BBEU
JPMorgan BetaBuilders Europe ETF		10.57%36.37%1.85%20.31%-14.72%17.50%5.00%23.96%-13.25%

Correlation

The correlation between EDEN and BBEU is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.72

Correlation (3Y)
Balances recent behavior with more history.

0.74

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.77

Correlation (All Time)
Calculated using the full available price history since Jun 18, 2018

0.75

The correlation between EDEN and BBEU has been stable across timeframes, ranging from 0.72 to 0.77 - a consistent structural relationship.

EDEN vs. BBEU - Sectors Allocation Comparison

Sectors
EDEN
BBEU

Healthcare

38.3%
11.0%

Industrials

29.0%
14.5%

Financial Services

15.5%
23.2%

Basic Materials

4.8%
4.0%

Consumer Defensive

4.7%
8.1%

Utilities

3.2%
2.9%

Consumer Cyclical

2.8%
4.3%

Technology

0.9%
8.0%

Energy

0.9%
3.5%

Communication Services

-

2.5%

Real Estate

-

0.3%

Healthcare

EDEN
38.3%
BBEU
11.0%

Industrials

EDEN
29.0%
BBEU
14.5%

Financial Services

EDEN
15.5%
BBEU
23.2%

Basic Materials

EDEN
4.8%
BBEU
4.0%

Consumer Defensive

EDEN
4.7%
BBEU
8.1%

Utilities

EDEN
3.2%
BBEU
2.9%

Consumer Cyclical

EDEN
2.8%
BBEU
4.3%

Technology

EDEN
0.9%
BBEU
8.0%

Energy

EDEN
0.9%
BBEU
3.5%

Communication Services

EDEN

-

BBEU
2.5%

Real Estate

EDEN

-

BBEU
0.3%

Compare stocks, funds, or ETFs

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

iShares MSCI Denmark ETF

JPMorgan BetaBuilders Europe ETF

Often compared with EDEN:
EDEN vs. EWNEDEN vs. ARGTEDEN vs. FNORXEDEN vs. EWIEDEN vs. ENZLEDEN vs. ENOREDEN vs. EWQ
Often compared with BBEU:
BBEU vs. BBAXBBEU vs. SCHYBBEU vs. SCHDBBEU vs. TTAIBBEU vs. VOOBBEU vs. FSPSXBBEU vs. DXJ

Return for Risk

EDEN vs. BBEU — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
EDEN
EDEN Risk / Return Rank: 2323
Overall Rank
EDEN Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
EDEN Sortino Ratio Rank: 2525
Sortino Ratio Rank
EDEN Omega Ratio Rank: 2525
Omega Ratio Rank
EDEN Calmar Ratio Rank: 2020
Calmar Ratio Rank
EDEN Martin Ratio Rank: 2020
Martin Ratio Rank
BBEU
BBEU Risk / Return Rank: 6363
Overall Rank
BBEU Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
BBEU Sortino Ratio Rank: 6767
Sortino Ratio Rank
BBEU Omega Ratio Rank: 6363
Omega Ratio Rank
BBEU Calmar Ratio Rank: 5656
Calmar Ratio Rank
BBEU Martin Ratio Rank: 6363
Martin Ratio Rank
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.

EDEN vs. BBEU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Denmark ETF (EDEN) and JPMorgan BetaBuilders Europe ETF (BBEU). 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.

EDENBBEUDifference
Sharpe ratioReturn per unit of total volatility
0.58
1.59

-1.01

Sortino ratioReturn per unit of downside risk
0.95
2.29

-1.34

Omega ratioGain probability vs. loss probability

1.12

1.28

-0.16

Calmar ratioReturn relative to maximum drawdown

0.54

2.07

-1.53

Martin ratioReturn relative to average drawdown

1.25

7.86

-6.61

EDEN vs. BBEU - Sharpe Ratio Comparison

The current EDEN Sharpe Ratio is 0.58, which is lower than the BBEU Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of EDEN and BBEU, 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

EDEN vs. BBEU - Drawdown Comparison

The maximum EDEN drawdown since its inception was -36.61%, roughly equal to the maximum BBEU drawdown of -36.27%. Use the drawdown chart below to compare losses from any high point for EDEN and BBEU.

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Drawdown Indicators

EDENBBEUDifference

Max Drawdown

Largest peak-to-trough decline

-36.61%

-36.27%

-0.34%

Max Drawdown (1Y)

Largest decline over 1 year

-21.17%

-12.23%

-8.94%

Max Drawdown (3Y)

Largest decline over 3 years

-29.31%

-14.23%

-15.08%

Max Drawdown (5Y)

Largest decline over 5 years

-36.61%

-31.08%

-5.53%

Max Drawdown (10Y)

Largest decline over 10 years

-36.61%

—

—

Current Drawdown

Current decline from peak

-10.53%

-0.06%

-10.47%

Average Drawdown

Average peak-to-trough decline

-7.41%

-6.04%

-1.37%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.06%

3.22%

+5.84%

Volatility

EDEN vs. BBEU - Volatility Comparison

iShares MSCI Denmark ETF (EDEN) has a higher volatility of 4.93% compared to JPMorgan BetaBuilders Europe ETF (BBEU) at 3.99%. This indicates that EDEN's price experiences larger fluctuations and is considered to be riskier than BBEU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EDENBBEUDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.93%

3.99%

+0.94%

Volatility (6M)

Calculated over the trailing 6-month period

15.52%

13.84%

+1.68%

Volatility (1Y)

Calculated over the trailing 1-year period

19.65%

15.94%

+3.71%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.38%

17.57%

+2.81%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.20%

19.25%

-0.05%

EDEN vs. BBEU - Expense Ratio Comparison

EDEN has a 0.53% expense ratio, which is higher than BBEU's 0.09% expense ratio.

Dividends

EDEN vs. BBEU - Dividend Comparison

EDEN's dividend yield for the trailing twelve months is around 3.05%, more than BBEU's 2.87% yield.

PositionTTM20252024202320222021202020192018201720162015
BBEU
JPMorgan BetaBuilders Europe ETF		2.87%2.83%4.16%2.94%4.72%2.63%2.29%3.24%0.49%0.00%0.00%0.00%
EDEN
iShares MSCI Denmark ETF		3.05%2.79%1.50%1.92%1.47%0.74%0.42%2.36%2.01%2.03%1.28%1.46%

Frequently Asked Questions

EDEN and BBEU have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

EDEN has higher volatility (4.93%) compared to BBEU (3.99%). In terms of maximum drawdown, EDEN dropped -36.61% vs BBEU's -36.27%.

On 5-year performance, BBEU leads with 9.68% vs 1.55% for EDEN. On fees, BBEU is cheaper at 0.09% per year. On volatility, BBEU has been the lower-risk option at 3.99%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, BBEU has performed better with a 9.68% return vs 1.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

BBEU is cheaper with a 0.09% expense ratio, compared with 0.53% for EDEN.

EDEN has the higher dividend yield at 3.05%, compared with 2.87% for BBEU.

EDEN tracks MSCI Denmark IMI 25/50 Index, while BBEU tracks Morningstar Developed Europe Target Market Exposure Index. They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.53% for EDEN and 0.09% for BBEU.

BBEU currently has the higher Sharpe Ratio (1.59 vs 0.58), 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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