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IDNA.L vs. BBUD.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IDNA.L vs. BBUD.L

Last updated Jul 22, 2026
Documentation

IDNA.L (iShares MSCI North America UCITS ETF USD (Dist)) and BBUD.L (JPM BetaBuilders US Equity UCITS ETF - USD (dist)) are both Large Cap Blend Equities funds - IDNA.L tracks the MSCI North America Index (USD) while BBUD.L tracks the Morningstar US Target Market Exposure Index. Both are passively managed. Over the past 5 years, IDNA.L returned 11.96%/yr vs 12.29%/yr for BBUD.L. With a 0.99 correlation, they move nearly in lockstep. IDNA.L charges 0.40%/yr vs 0.05%/yr for BBUD.L.

Performance

IDNA.L vs. BBUD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI North America UCITS ETF USD (Dist) (IDNA.L) and JPM BetaBuilders US Equity UCITS ETF - USD (dist) (BBUD.L). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both stocks are quite close, with IDNA.L having a 9.13% return and BBUD.L slightly lower at 8.83%.

IDNA.L

1D
0.19%
1M
0.34%
6M
9.46%
YTD
9.13%
1Y
19.18%
3Y*
19.16%
5Y*
11.96%
10Y*
14.22%
ALL TIME*
9.84%

BBUD.L

1D
0.08%
1M
-0.17%
6M
9.26%
YTD
8.83%
1Y
18.61%
3Y*
19.29%
5Y*
12.29%
10Y*
—
ALL TIME*
15.37%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IDNA.L vs. BBUD.L - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
IDNA.L
iShares MSCI North America UCITS ETF USD (Dist)		9.13%17.55%24.50%26.38%-19.84%27.07%19.54%13.28%
BBUD.L
JPM BetaBuilders US Equity UCITS ETF - USD (dist)		8.83%17.41%25.12%27.64%-19.95%27.63%20.16%13.29%

Correlation

The correlation between IDNA.L and BBUD.L is 0.99 - 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

0.99

Correlation (3Y)
Calculated over the trailing 3-year period

0.99

Correlation (5Y)
Calculated over the trailing 5-year period

0.99

Correlation (All Time)
Calculated using the full available price history since Apr 3, 2019

0.99

The correlation between IDNA.L and BBUD.L has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.

IDNA.L vs. BBUD.L - Sectors Allocation Comparison

Sectors
IDNA.L
BBUD.L

Technology

36.2%
41.1%

Financial Services

13.3%
11.6%

Communication Services

9.8%
11.5%

Consumer Cyclical

9.3%
9.3%

Industrials

8.6%
7.2%

Healthcare

8.6%
8.3%

Consumer Defensive

4.4%
4.3%

Energy

3.9%
2.9%

Basic Materials

2.2%
1.2%

Utilities

2.1%
1.1%

Real Estate

1.7%
1.0%

Technology

IDNA.L
36.2%
BBUD.L
41.1%

Financial Services

IDNA.L
13.3%
BBUD.L
11.6%

Communication Services

IDNA.L
9.8%
BBUD.L
11.5%

Consumer Cyclical

IDNA.L
9.3%
BBUD.L
9.3%

Industrials

IDNA.L
8.6%
BBUD.L
7.2%

Healthcare

IDNA.L
8.6%
BBUD.L
8.3%

Consumer Defensive

IDNA.L
4.4%
BBUD.L
4.3%

Energy

IDNA.L
3.9%
BBUD.L
2.9%

Basic Materials

IDNA.L
2.2%
BBUD.L
1.2%

Utilities

IDNA.L
2.1%
BBUD.L
1.1%

Real Estate

IDNA.L
1.7%
BBUD.L
1.0%

Compare stocks, funds, or ETFs

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iShares MSCI North America UCITS ETF USD (Dist)

JPM BetaBuilders US Equity UCITS ETF - USD (dist)

Often compared with IDNA.L:
IDNA.L vs. CSP1.LIDNA.L vs. EIMI.LIDNA.L vs. IUIT.LIDNA.L vs. FLXK.LIDNA.L vs. G500.LIDNA.L vs. IITU.LIDNA.L vs. QUID.L
Often compared with BBUD.L:
BBUD.L vs. BCOM.LBBUD.L vs. EEDS.LBBUD.L vs. NXTG.LBBUD.L vs. VPAC.LBBUD.L vs. EMAD.LBBUD.L vs. WNRG.LBBUD.L vs. 5HED.L

Return for Risk

IDNA.L vs. BBUD.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IDNA.L
IDNA.L Risk / Return Rank: 6464
Overall Rank
IDNA.L Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
IDNA.L Sortino Ratio Rank: 6868
Sortino Ratio Rank
IDNA.L Omega Ratio Rank: 6161
Omega Ratio Rank
IDNA.L Calmar Ratio Rank: 6161
Calmar Ratio Rank
IDNA.L Martin Ratio Rank: 6969
Martin Ratio Rank
BBUD.L
BBUD.L Risk / Return Rank: 6464
Overall Rank
BBUD.L Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
BBUD.L Sortino Ratio Rank: 6767
Sortino Ratio Rank
BBUD.L Omega Ratio Rank: 6262
Omega Ratio Rank
BBUD.L Calmar Ratio Rank: 5959
Calmar Ratio Rank
BBUD.L Martin Ratio Rank: 6868
Martin Ratio Rank
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.

IDNA.L vs. BBUD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI North America UCITS ETF USD (Dist) (IDNA.L) and JPM BetaBuilders US Equity UCITS ETF - USD (dist) (BBUD.L). 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.

IDNA.LBBUD.LDifference
Sharpe ratioReturn per unit of total volatility
1.58
1.58

0.00

Sortino ratioReturn per unit of downside risk
2.37
2.36

+0.01

Omega ratioGain probability vs. loss probability

1.29

1.29

0.00

Calmar ratioReturn relative to maximum drawdown

2.29

2.23

+0.05

Martin ratioReturn relative to average drawdown

9.24

9.06

+0.18

IDNA.L vs. BBUD.L - Sharpe Ratio Comparison

The current IDNA.L Sharpe Ratio is 1.58, which is comparable to the BBUD.L Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of IDNA.L and BBUD.L, 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

IDNA.L vs. BBUD.L - Drawdown Comparison

The maximum IDNA.L drawdown since its inception was -56.08%, which is greater than BBUD.L's maximum drawdown of -34.19%. Use the drawdown chart below to compare losses from any high point for IDNA.L and BBUD.L.

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Drawdown Indicators

IDNA.LBBUD.LDifference

Max Drawdown

Largest peak-to-trough decline

-56.08%

-34.19%

-21.89%

Max Drawdown (1Y)

Largest decline over 1 year

-8.35%

-8.61%

+0.26%

Max Drawdown (3Y)

Largest decline over 3 years

-18.54%

-19.33%

+0.79%

Max Drawdown (5Y)

Largest decline over 5 years

-25.10%

-25.33%

+0.23%

Max Drawdown (10Y)

Largest decline over 10 years

-34.62%

—

—

Current Drawdown

Current decline from peak

-1.32%

-1.64%

+0.32%

Average Drawdown

Average peak-to-trough decline

-8.94%

-5.29%

-3.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.07%

2.13%

-0.06%

Volatility

IDNA.L vs. BBUD.L - Volatility Comparison

iShares MSCI North America UCITS ETF USD (Dist) (IDNA.L) and JPM BetaBuilders US Equity UCITS ETF - USD (dist) (BBUD.L) have volatilities of 3.08% and 3.20%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IDNA.LBBUD.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.08%

3.20%

-0.12%

Volatility (6M)

Calculated over the trailing 6-month period

9.23%

9.36%

-0.13%

Volatility (1Y)

Calculated over the trailing 1-year period

12.08%

12.18%

-0.10%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.14%

16.19%

-0.05%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.21%

17.72%

-1.51%

IDNA.L vs. BBUD.L - Expense Ratio Comparison

IDNA.L has a 0.40% expense ratio, which is higher than BBUD.L's 0.05% expense ratio.

Dividends

IDNA.L vs. BBUD.L - Dividend Comparison

IDNA.L's dividend yield for the trailing twelve months is around 0.60%, less than BBUD.L's 1.11% yield.

PositionTTM20252024202320222021202020192018201720162015
BBUD.L
JPM BetaBuilders US Equity UCITS ETF - USD (dist)		1.11%1.10%1.01%1.29%1.46%0.95%1.37%0.74%0.00%0.00%0.00%0.00%
IDNA.L
iShares MSCI North America UCITS ETF USD (Dist)		0.60%0.66%0.77%0.96%1.13%0.76%1.03%1.23%1.45%1.27%1.42%1.56%

Frequently Asked Questions

With a correlation of 0.99, IDNA.L and BBUD.L 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.

On fees, BBUD.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

BBUD.L is cheaper with a 0.05% expense ratio, compared with 0.40% for IDNA.L.

IDNA.L tracks MSCI North America Index (USD), while BBUD.L tracks Morningstar US Target Market Exposure Index. They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.40% for IDNA.L and 0.05% for BBUD.L.

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