IBDP vs. BBCB

Last updated Jun 5, 2026

IBDP (iShares iBonds Dec 2024 Term Corporate ETF) and BBCB (JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF) are both Corporate Bonds funds - IBDP tracks the Bloomberg December 2024 Maturity Corporate Index while BBCB tracks the Bloomberg US Corporate Investment Grade. Both are passively managed. At a 0.45 correlation, their price movements are largely independent. IBDP charges 0.10%/yr vs 0.09%/yr for BBCB.

Performance

IBDP vs. BBCB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Dec 2024 Term Corporate ETF (IBDP) and JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IBDP

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BBCB

• 1D: 0.11%
• 1M: 0.52%
• YTD: 2.94%
• 6M: 2.91%
• 1Y: 7.89%
• 3Y*: 6.08%
• 5Y*: 0.86%
• 10Y*: —

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

IBDP vs. BBCB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
IBDP iShares iBonds Dec 2024 Term Corporate ETF	0.00%	0.00%	5.02%	5.16%	-3.89%	-0.64%	6.14%	11.00%	0.55%
BBCB JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF	2.94%	7.69%	1.97%	8.42%	-15.72%	-2.23%	10.39%	14.86%	0.43%

Correlation

The correlation between IBDP and BBCB is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.39
Correlation (All Time) Calculated using the full available price history since Dec 17, 2018	0.45

The correlation between IBDP and BBCB shifts across timeframes, from 0.17 (3 years) to 0.45 (all time), reflecting how their relationship changes across market environments.

Return for Risk

IBDP vs. BBCB — Risk / Return Rank

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

BBCB

BBCB Risk / Return Rank: 53
BBCB Sharpe Ratio Rank: 47
BBCB Sortino Ratio Rank: 56
BBCB Omega Ratio Rank: 52
BBCB Calmar Ratio Rank: 55
BBCB Martin Ratio Rank: 55

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.

IBDP vs. BBCB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2024 Term Corporate ETF (IBDP) and JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	IBDP	BBCB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.62	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.12	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.46	—

Drawdowns

Drawdown Indicators

	IBDP	BBCB	Difference
Max Drawdown Largest peak-to-trough decline	—	-22.48%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-2.95%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-6.46%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.32%	—
Current Drawdown Current decline from peak	—	-0.23%	—
Average Drawdown Average peak-to-trough decline	—	-6.66%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.83%	—

Volatility

Volatility by Period

	IBDP	BBCB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.40%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.98%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	4.93%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	7.25%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	7.49%	—

IBDP vs. BBCB - Expense Ratio Comparison

IBDP has a 0.10% expense ratio, which is higher than BBCB's 0.09% 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

IBDP vs. BBCB - Dividend Comparison

IBDP has not paid dividends to shareholders, while BBCB's dividend yield for the trailing twelve months is around 7.14%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBCB JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF	7.14%	5.02%	5.22%	4.22%	3.39%	3.47%	4.59%	5.25%	0.20%	0.00%	0.00%	0.00%
IBDP iShares iBonds Dec 2024 Term Corporate ETF	0.00%	0.00%	3.93%	3.01%	2.06%	1.86%	2.51%	3.15%	3.35%	3.15%	3.23%	3.74%

Frequently Asked Questions

Can I hold both IBDP and BBCB in my portfolio?

IBDP and BBCB have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IBDP or BBCB?

On fees, BBCB is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IBDP or BBCB?

BBCB is cheaper with a 0.09% expense ratio, compared with 0.10% for IBDP.

Which ETF pays a higher dividend yield, IBDP or BBCB?

BBCB has the higher dividend yield at 7.14%, compared with 0.00% for IBDP.

What is the main difference between IBDP and BBCB?

IBDP tracks Bloomberg December 2024 Maturity Corporate Index, while BBCB tracks Bloomberg US Corporate Investment Grade. They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.10% for IBDP and 0.09% for BBCB.