GBIL vs. BBRE
GBIL (Goldman Sachs Access Treasury 0-1 Year ETF) and BBRE (JPMorgan BetaBuilders MSCI US REIT ETF) are both exchange-traded funds - GBIL is a Government Bonds fund tracking the FTSE US Treasury 0-1 Year Composite Select Index, while BBRE is a REIT fund tracking the MSCI US REIT Index. Both are passively managed. Over the past 5 years, GBIL returned 3.42%/yr vs 5.60%/yr for BBRE. Their 0.02 correlation means their historical movements had little consistent relationship. GBIL charges 0.12%/yr vs 0.11%/yr for BBRE.
Performance
GBIL vs. BBRE - Performance Comparison
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Returns By Period
In the year-to-date period, GBIL achieves a 1.90% return, which is significantly lower than BBRE's 23.40% return.
GBIL
- 1D
- 0.03%
- 1M
- 0.29%
- 6M
- 1.70%
- YTD
- 1.90%
- 1Y
- 3.77%
- 3Y*
- 4.57%
- 5Y*
- 3.42%
- 10Y*
- —
- ALL TIME*
- 2.30%
BBRE
- 1D
- 2.14%
- 1M
- 4.84%
- 6M
- 20.78%
- YTD
- 23.40%
- 1Y
- 24.14%
- 3Y*
- 12.24%
- 5Y*
- 5.60%
- 10Y*
- —
- ALL TIME*
- 8.26%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.35M | $4.29M | $4.76M | |
| $51.18M | $55.98M | $72.80M |
GBIL vs. BBRE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
GBIL Goldman Sachs Access Treasury 0-1 Year ETF | 1.90% | 4.12% | 5.24% | 4.91% | 1.05% | -0.08% | 0.79% | 2.31% | 1.11% |
BBRE JPMorgan BetaBuilders MSCI US REIT ETF | 23.40% | 2.09% | 8.24% | 13.85% | -24.68% | 42.99% | -7.55% | 26.06% | -2.41% |
Correlation
The correlation between GBIL and BBRE is 0.09, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.09 |
Correlation (3Y) Balances recent behavior with more history. | 0.14 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jun 18, 2018 | 0.02 |
The correlation between GBIL and BBRE shifts across timeframes, from 0.02 (all time) to 0.14 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
GBIL vs. BBRE — Risk / Return Rank
GBIL
BBRE
GBIL vs. BBRE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) 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.
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.
| GBIL | BBRE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +15.41 | ||
| Sortino ratioReturn per unit of downside risk | +139.56 | ||
| Omega ratioGain probability vs. loss probability | 75.95 | 1.29 | +74.65 |
| Calmar ratioReturn relative to maximum drawdown | 191.66 | 2.99 | +188.67 |
| Martin ratioReturn relative to average drawdown | 2,147.30 | 9.58 | +2,137.72 |
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Drawdowns
GBIL vs. BBRE - Drawdown Comparison
The maximum GBIL drawdown since its inception was -0.76%, smaller than the maximum BBRE drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for GBIL and BBRE.
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Drawdown Indicators
| GBIL | BBRE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.76% | -43.61% | +42.85% |
Max Drawdown (1Y)Largest decline over 1 year | -0.02% | -8.07% | +8.05% |
Max Drawdown (3Y)Largest decline over 3 years | -0.76% | -18.92% | +18.16% |
Max Drawdown (5Y)Largest decline over 5 years | -0.76% | -31.15% | +30.39% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -0.04% | -10.35% | +10.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.00% | 2.51% | -2.51% |
Volatility
GBIL vs. BBRE - Volatility Comparison
The current volatility for Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) is 0.06%, while JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) has a volatility of 4.86%. This indicates that GBIL 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
| GBIL | BBRE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.06% | 4.86% | -4.80% |
Volatility (6M)Calculated over the trailing 6-month period | 0.14% | 10.88% | -10.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.23% | 14.29% | -14.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.58% | 18.81% | -18.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.47% | 22.49% | -22.02% |
GBIL vs. BBRE - Expense Ratio Comparison
GBIL has a 0.12% expense ratio, which is higher than BBRE's 0.11% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
GBIL vs. BBRE - Dividend Comparison
GBIL's dividend yield for the trailing twelve months is around 3.71%, more than BBRE's 2.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BBRE JPMorgan BetaBuilders MSCI US REIT ETF | 2.51% | 3.24% | 3.19% | 3.68% | 2.62% | 1.70% | 3.17% | 2.19% | 1.96% | 0.00% | 0.00% |
GBIL Goldman Sachs Access Treasury 0-1 Year ETF | 3.71% | 4.02% | 4.93% | 4.77% | 1.37% | 0.00% | 0.81% | 2.20% | 1.70% | 0.74% | 0.11% |
Frequently Asked Questions
GBIL and BBRE have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BBRE has higher volatility (4.86%) compared to GBIL (0.06%). In terms of maximum drawdown, GBIL dropped -0.76% vs BBRE's -43.61%.
On 5-year performance, BBRE leads with 5.60% vs 3.42% for GBIL. On fees, BBRE is cheaper at 0.11% per year. On volatility, GBIL has been the lower-risk option at 0.06%. 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 5.60% return vs 3.42%. 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 0.12% for GBIL.
GBIL has the higher dividend yield at 3.71%, compared with 2.51% for BBRE.
GBIL is categorized as Government Bonds, while BBRE is REIT. GBIL tracks FTSE US Treasury 0-1 Year Composite Select Index, while BBRE tracks MSCI US REIT Index. They also come from different issuers: Goldman Sachs and JPMorgan. Their fees differ too: 0.12% for GBIL and 0.11% for BBRE.
GBIL currently has the higher Sharpe Ratio (17.10 vs 1.69), 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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