ISCG vs. BBMC

Last updated Jun 4, 2026

ISCG (iShares Morningstar Small-Cap Growth ETF) and BBMC (JPMorgan BetaBuilders U.S. Mid Cap Equity ETF) are both Small Cap Growth Equities funds - ISCG tracks the Morningstar US Small Cap Broad Growth Extended Index while BBMC tracks the Morningstar US Mid Cap Target Market Exposure Extended Index. Both are passively managed. Over the past 5 years, ISCG returned 5.31%/yr vs 8.32%/yr for BBMC. With a 0.95 correlation, they move nearly in lockstep. ISCG charges 0.06%/yr vs 0.07%/yr for BBMC.

Performance

ISCG vs. BBMC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Morningstar Small-Cap Growth ETF (ISCG) and JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ISCG achieves a 12.92% return, which is significantly lower than BBMC's 16.66% return.

ISCG

• 1D: -0.93%
• 1M: 3.29%
• YTD: 12.92%
• 6M: 12.57%
• 1Y: 30.64%
• 3Y*: 17.01%
• 5Y*: 5.31%
• 10Y*: 11.37%

BBMC

• 1D: -0.12%
• 1M: 4.96%
• YTD: 16.66%
• 6M: 16.84%
• 1Y: 33.04%
• 3Y*: 19.56%
• 5Y*: 8.32%
• 10Y*: —

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

ISCG vs. BBMC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ISCG iShares Morningstar Small-Cap Growth ETF	12.92%	12.88%	13.35%	23.13%	-26.75%	-1.26%	74.25%
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF	16.66%	12.24%	15.15%	18.37%	-19.77%	17.64%	61.98%

Correlation

The correlation between ISCG and BBMC is 0.96 - 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	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (All Time) Calculated using the full available price history since Apr 16, 2020	0.95

The correlation between ISCG and BBMC has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.

ISCG vs. BBMC - Sectors Allocation Comparison

Sectors	ISCG	BBMC
Industrials	24.6%	18.6%
Technology	21.4%	21.6%
Healthcare	15.4%	10.0%
Financial Services	10.6%	10.6%
Consumer Cyclical	9.9%	11.5%
Real Estate	5.2%	6.3%
Basic Materials	3.5%	4.9%
Consumer Defensive	2.9%	3.5%
Communication Services	2.8%	2.4%
Energy	2.8%	3.1%
Utilities	1.0%	2.6%

Return for Risk

ISCG vs. BBMC — Risk / Return Rank

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

ISCG

ISCG Risk / Return Rank: 50
ISCG Sharpe Ratio Rank: 48
ISCG Sortino Ratio Rank: 48
ISCG Omega Ratio Rank: 44
ISCG Calmar Ratio Rank: 53
ISCG Martin Ratio Rank: 58

BBMC

BBMC Risk / Return Rank: 63
BBMC Sharpe Ratio Rank: 60
BBMC Sortino Ratio Rank: 60
BBMC Omega Ratio Rank: 56
BBMC Calmar Ratio Rank: 68
BBMC Martin Ratio Rank: 71

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.

ISCG vs. BBMC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Morningstar Small-Cap Growth ETF (ISCG) and JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC). 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.

	ISCG	BBMC	Difference
Sharpe ratio: Return per unit of total volatility	1.70	2.04	-0.34
Sortino ratio: Return per unit of downside risk	2.40	2.86	-0.45
Omega ratio: Gain probability vs. loss probability	1.29	1.35	-0.06
Calmar ratio: Return relative to maximum drawdown	2.69	3.41	-0.71
Martin ratio: Return relative to average drawdown	10.31	13.41	-3.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ISCG vs. BBMC - Sharpe Ratio Comparison

The current ISCG Sharpe Ratio is 1.70, which is comparable to the BBMC Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of ISCG and BBMC, 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

	ISCG	BBMC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.70	2.04	-0.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	0.41	-0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.85	-0.44

Drawdowns

ISCG vs. BBMC - Drawdown Comparison

The maximum ISCG drawdown since its inception was -57.72%, which is greater than BBMC's maximum drawdown of -30.11%. Use the drawdown chart below to compare losses from any high point for ISCG and BBMC.

Drawdown Indicators

	ISCG	BBMC	Difference
Max Drawdown Largest peak-to-trough decline	-57.72%	-30.11%	-27.61%
Max Drawdown (1Y) Largest decline over 1 year	-11.43%	-9.75%	-1.68%
Max Drawdown (3Y) Largest decline over 3 years	-26.71%	-24.18%	-2.53%
Max Drawdown (5Y) Largest decline over 5 years	-37.80%	-30.11%	-7.69%
Max Drawdown (10Y) Largest decline over 10 years	-41.48%	—	—
Current Drawdown Current decline from peak	-0.93%	-0.12%	-0.81%
Average Drawdown Average peak-to-trough decline	-11.63%	-8.92%	-2.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.98%	2.47%	+0.51%

Volatility

ISCG vs. BBMC - Volatility Comparison

iShares Morningstar Small-Cap Growth ETF (ISCG) and JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) have volatilities of 4.93% and 4.72%, 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.

Volatility by Period

	ISCG	BBMC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.93%	4.72%	+0.21%
Volatility (6M) Calculated over the trailing 6-month period	13.09%	12.14%	+0.95%
Volatility (1Y) Calculated over the trailing 1-year period	18.13%	16.32%	+1.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.95%	20.59%	+2.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.16%	21.08%	+2.08%

ISCG vs. BBMC - Expense Ratio Comparison

ISCG has a 0.06% expense ratio, which is lower than BBMC's 0.07% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

ISCG vs. BBMC - Dividend Comparison

ISCG's dividend yield for the trailing twelve months is around 0.56%, less than BBMC's 1.09% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF	1.09%	1.25%	1.31%	1.36%	1.48%	0.87%	0.69%	0.00%	0.00%	0.00%	0.00%	0.00%
ISCG iShares Morningstar Small-Cap Growth ETF	0.56%	0.61%	0.84%	0.77%	0.92%	0.62%	0.10%	0.27%	0.40%	0.52%	1.19%	0.64%

Frequently Asked Questions

Can I hold both ISCG and BBMC in my portfolio?

With a correlation of 0.96, ISCG and BBMC 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, ISCG or BBMC?

ISCG has higher volatility (4.93%) compared to BBMC (4.72%). In terms of maximum drawdown, ISCG dropped -57.72% vs BBMC's -30.11%.

Which ETF is better, ISCG or BBMC?

On 5-year performance, BBMC leads with 8.32% vs 5.31% for ISCG. On fees, ISCG is cheaper at 0.06% per year. On volatility, BBMC has been the lower-risk option at 4.72%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ISCG or BBMC?

Over the 5-year period, BBMC has performed better with a 8.32% return vs 5.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ISCG or BBMC?

ISCG is cheaper with a 0.06% expense ratio, compared with 0.07% for BBMC.

Which ETF pays a higher dividend yield, ISCG or BBMC?

BBMC has the higher dividend yield at 1.09%, compared with 0.56% for ISCG.

What is the main difference between ISCG and BBMC?

ISCG tracks Morningstar US Small Cap Broad Growth Extended Index, while BBMC tracks Morningstar US Mid Cap Target Market Exposure Extended Index. They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.06% for ISCG and 0.07% for BBMC.

Which has better risk-adjusted returns?

BBMC currently has the higher Sharpe Ratio (2.04 vs 1.70), 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.