ESGG vs. BBUS

Last updated Jun 4, 2026

ESGG (FlexShares STOXX Global ESG Select Index Fund) and BBUS (JP Morgan Betabuilders U.S. Equity ETF) are both Large Cap Growth Equities funds - ESGG tracks the STOXX Global ESG Select KPIs Index while BBUS tracks the Morningstar US Target Market Exposure Index. Both are passively managed. Over the past 5 years, ESGG returned 12.78%/yr vs 13.43%/yr for BBUS. Their correlation of 0.93 suggests significant overlap in exposure. ESGG charges 0.42%/yr vs 0.02%/yr for BBUS.

Performance

ESGG vs. BBUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FlexShares STOXX Global ESG Select Index Fund (ESGG) and JP Morgan 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, ESGG achieves a 14.72% return, which is significantly higher than BBUS's 10.60% return.

ESGG

• 1D: -0.48%
• 1M: 8.86%
• YTD: 14.72%
• 6M: 16.28%
• 1Y: 31.41%
• 3Y*: 21.51%
• 5Y*: 12.78%
• 10Y*: —

BBUS

• 1D: -0.74%
• 1M: 5.12%
• YTD: 10.60%
• 6M: 10.47%
• 1Y: 27.47%
• 3Y*: 22.46%
• 5Y*: 13.43%
• 10Y*: —

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

ESGG vs. BBUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ESGG FlexShares STOXX Global ESG Select Index Fund	14.72%	24.01%	14.48%	25.57%	-18.66%	23.76%	17.32%	16.36%
BBUS JP Morgan Betabuilders U.S. Equity ETF	10.60%	17.77%	24.89%	27.20%	-19.46%	27.13%	20.69%	16.53%

Correlation

The correlation between ESGG and BBUS is 0.94, 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	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (All Time) Calculated using the full available price history since Mar 14, 2019	0.93

The correlation between ESGG and BBUS has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.

ESGG vs. BBUS - Sectors Allocation Comparison

Sectors	ESGG	BBUS
Technology	39.9%	37.1%
Financial Services	19.4%	10.8%
Healthcare	11.8%	8.1%
Industrials	5.2%	7.2%
Consumer Defensive	5.0%	4.5%
Energy	4.3%	3.2%
Consumer Cyclical	4.0%	9.4%
Basic Materials	2.4%	1.2%
Utilities	2.1%	2.6%
Real Estate	1.2%	1.7%
Communication Services	0.9%	10.8%

Return for Risk

ESGG vs. BBUS — Risk / Return Rank

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

ESGG

ESGG Risk / Return Rank: 78
ESGG Sharpe Ratio Rank: 80
ESGG Sortino Ratio Rank: 82
ESGG Omega Ratio Rank: 78
ESGG Calmar Ratio Rank: 69
ESGG Martin Ratio Rank: 79

BBUS

BBUS Risk / Return Rank: 68
BBUS Sharpe Ratio Rank: 70
BBUS Sortino Ratio Rank: 68
BBUS Omega Ratio Rank: 68
BBUS Calmar Ratio Rank: 60
BBUS Martin Ratio Rank: 72

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.

ESGG vs. BBUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares STOXX Global ESG Select Index Fund (ESGG) and JP Morgan 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.

	ESGG	BBUS	Difference
Sharpe ratio: Return per unit of total volatility	2.62	2.33	+0.29
Sortino ratio: Return per unit of downside risk	3.69	3.18	+0.51
Omega ratio: Gain probability vs. loss probability	1.47	1.42	+0.04
Calmar ratio: Return relative to maximum drawdown	3.44	3.00	+0.45
Martin ratio: Return relative to average drawdown	15.38	13.76	+1.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ESGG vs. BBUS - Sharpe Ratio Comparison

The current ESGG Sharpe Ratio is 2.62, which is comparable to the BBUS Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of ESGG 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.

Sharpe Ratios by Period

	ESGG	BBUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.62	2.33	+0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	0.79	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	0.84	+0.02

Drawdowns

ESGG vs. BBUS - Drawdown Comparison

The maximum ESGG drawdown since its inception was -32.31%, smaller than the maximum BBUS drawdown of -35.35%. Use the drawdown chart below to compare losses from any high point for ESGG and BBUS.

Drawdown Indicators

	ESGG	BBUS	Difference
Max Drawdown Largest peak-to-trough decline	-32.31%	-35.35%	+3.04%
Max Drawdown (1Y) Largest decline over 1 year	-9.16%	-9.21%	+0.05%
Max Drawdown (3Y) Largest decline over 3 years	-16.71%	-19.01%	+2.30%
Max Drawdown (5Y) Largest decline over 5 years	-27.57%	-25.46%	-2.11%
Current Drawdown Current decline from peak	-0.48%	-0.74%	+0.26%
Average Drawdown Average peak-to-trough decline	-4.66%	-5.46%	+0.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.05%	2.00%	+0.05%

Volatility

ESGG vs. BBUS - Volatility Comparison

FlexShares STOXX Global ESG Select Index Fund (ESGG) has a higher volatility of 3.76% compared to JP Morgan Betabuilders U.S. Equity ETF (BBUS) at 2.88%. This indicates that ESGG'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

	ESGG	BBUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.76%	2.88%	+0.88%
Volatility (6M) Calculated over the trailing 6-month period	9.67%	8.96%	+0.71%
Volatility (1Y) Calculated over the trailing 1-year period	12.05%	11.87%	+0.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.04%	17.03%	-0.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.51%	19.59%	-3.08%

ESGG vs. BBUS - Expense Ratio Comparison

ESGG has a 0.42% expense ratio, which is higher than BBUS's 0.02% expense ratio.

Dividends

ESGG vs. BBUS - Dividend Comparison

ESGG's dividend yield for the trailing twelve months is around 1.21%, more than BBUS's 0.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BBUS JP Morgan Betabuilders U.S. Equity ETF	0.98%	1.07%	1.21%	1.38%	1.57%	1.11%	1.43%	1.37%	0.00%	0.00%	0.00%
ESGG FlexShares STOXX Global ESG Select Index Fund	1.21%	1.39%	1.84%	1.73%	1.83%	1.34%	1.36%	1.94%	2.12%	1.71%	0.87%

Frequently Asked Questions

Can I hold both ESGG and BBUS in my portfolio?

With a correlation of 0.94, ESGG 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, ESGG or BBUS?

ESGG has higher volatility (3.76%) compared to BBUS (2.88%). In terms of maximum drawdown, ESGG dropped -32.31% vs BBUS's -35.35%.

Which ETF is better, ESGG or BBUS?

On 5-year performance, BBUS leads with 13.43% vs 12.78% for ESGG. On fees, BBUS is cheaper at 0.02% per year. On volatility, BBUS has been the lower-risk option at 2.88%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ESGG or BBUS?

Over the 5-year period, BBUS has performed better with a 13.43% return vs 12.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ESGG or BBUS?

BBUS is cheaper with a 0.02% expense ratio, compared with 0.42% for ESGG.

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

ESGG has the higher dividend yield at 1.21%, compared with 0.98% for BBUS.

What is the main difference between ESGG and BBUS?

ESGG tracks STOXX Global ESG Select KPIs Index, while BBUS tracks Morningstar US Target Market Exposure Index. They also come from different issuers: Northern Trust and JPMorgan. Their fees differ too: 0.42% for ESGG and 0.02% for BBUS.

Which has better risk-adjusted returns?

ESGG currently has the higher Sharpe Ratio (2.62 vs 2.33), 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.