JCHI vs. BBUS

Last updated Jun 24, 2026

JCHI (JPMorgan Active China ETF) and BBUS (JPMorgan BetaBuilders U.S. Equity ETF) are both exchange-traded funds - JCHI is a China Equities fund actively managed by JPMorgan, while BBUS is a Large Cap Blend Equities fund tracking the Morningstar US Target Market Exposure Index. JCHI is actively managed, while BBUS is passively managed. Over the past 3 years, JCHI returned 7.77%/yr vs 20.70%/yr for BBUS. At a 0.38 correlation, their price movements are largely independent. JCHI charges 0.65%/yr vs 0.02%/yr for BBUS.

Performance

JCHI vs. BBUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Active China ETF (JCHI) and JPMorgan 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, JCHI achieves a -4.08% return, which is significantly lower than BBUS's 7.57% return.

JCHI

• 1D: -2.49%
• 1M: -3.91%
• YTD: -4.08%
• 6M: -4.86%
• 1Y: 11.15%
• 3Y*: 7.77%
• 5Y*: —
• 10Y*: —

BBUS

• 1D: -1.68%
• 1M: -1.53%
• YTD: 7.57%
• 6M: 6.62%
• 1Y: 22.78%
• 3Y*: 20.70%
• 5Y*: 12.52%
• 10Y*: —

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

JCHI vs. BBUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JCHI JPMorgan Active China ETF	-4.08%	27.66%	13.77%	-17.31%
BBUS JPMorgan BetaBuilders U.S. Equity ETF	7.57%	17.77%	24.89%	24.74%

Correlation

The correlation between JCHI and BBUS is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (All Time) Calculated using the full available price history since Mar 16, 2023	0.38

The correlation between JCHI and BBUS shifts across timeframes, from 0.38 (all time) to 0.51 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

JCHI vs. BBUS — Risk / Return Rank

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

JCHI

JCHI Risk / Return Rank: 18
JCHI Sharpe Ratio Rank: 19
JCHI Sortino Ratio Rank: 19
JCHI Omega Ratio Rank: 18
JCHI Calmar Ratio Rank: 19
JCHI Martin Ratio Rank: 17

BBUS

BBUS Risk / Return Rank: 56
BBUS Sharpe Ratio Rank: 56
BBUS Sortino Ratio Rank: 54
BBUS Omega Ratio Rank: 55
BBUS Calmar Ratio Rank: 52
BBUS Martin Ratio Rank: 63

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.

JCHI vs. BBUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Active China ETF (JCHI) and JPMorgan 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.

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.

	JCHI	BBUS	Difference
Sharpe ratio: Return per unit of total volatility	0.62	1.82	-1.20
Sortino ratio: Return per unit of downside risk	0.97	2.48	-1.51
Omega ratio: Gain probability vs. loss probability	1.12	1.33	-0.21
Calmar ratio: Return relative to maximum drawdown	0.78	2.49	-1.71
Martin ratio: Return relative to average drawdown	1.77	10.97	-9.20

JCHI vs. BBUS - Sharpe Ratio Comparison

The current JCHI Sharpe Ratio is 0.62, which is lower than the BBUS Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of JCHI 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.

Drawdowns

JCHI vs. BBUS - Drawdown Comparison

The maximum JCHI drawdown since its inception was -29.57%, smaller than the maximum BBUS drawdown of -35.35%. Use the drawdown chart below to compare losses from any high point for JCHI and BBUS.

Drawdown Indicators

	JCHI	BBUS	Difference
Max Drawdown Largest peak-to-trough decline	-29.57%	-35.35%	+5.78%
Max Drawdown (1Y) Largest decline over 1 year	-14.37%	-9.21%	-5.16%
Max Drawdown (3Y) Largest decline over 3 years	-27.47%	-19.01%	-8.46%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.46%	—
Current Drawdown Current decline from peak	-11.62%	-3.47%	-8.15%
Average Drawdown Average peak-to-trough decline	-13.27%	-5.43%	-7.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.32%	2.08%	+4.24%

Volatility

JCHI vs. BBUS - Volatility Comparison

JPMorgan Active China ETF (JCHI) has a higher volatility of 6.24% compared to JPMorgan BetaBuilders U.S. Equity ETF (BBUS) at 5.00%. This indicates that JCHI'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

	JCHI	BBUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.24%	5.00%	+1.24%
Volatility (6M) Calculated over the trailing 6-month period	13.14%	9.95%	+3.19%
Volatility (1Y) Calculated over the trailing 1-year period	18.09%	12.59%	+5.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.82%	17.14%	+7.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.82%	19.59%	+5.23%

JCHI vs. BBUS - Expense Ratio Comparison

JCHI has a 0.65% expense ratio, which is higher than BBUS's 0.02% expense ratio.

Dividends

JCHI vs. BBUS - Dividend Comparison

JCHI's dividend yield for the trailing twelve months is around 1.89%, more than BBUS's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BBUS JPMorgan BetaBuilders U.S. Equity ETF	1.01%	1.07%	1.21%	1.38%	1.57%	1.11%	1.43%	1.37%
JCHI JPMorgan Active China ETF	1.89%	1.81%	2.12%	2.13%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JCHI and BBUS in my portfolio?

JCHI and BBUS have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JCHI or BBUS?

JCHI has higher volatility (6.24%) compared to BBUS (5.00%). In terms of maximum drawdown, JCHI dropped -29.57% vs BBUS's -35.35%.

Which ETF is better, JCHI or BBUS?

On 3-year performance, BBUS leads with 20.70% vs 7.77% for JCHI. On fees, BBUS is cheaper at 0.02% per year. On volatility, BBUS has been the lower-risk option at 5.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JCHI or BBUS?

Over the 3-year period, BBUS has performed better with a 20.70% return vs 7.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JCHI or BBUS?

BBUS is cheaper with a 0.02% expense ratio, compared with 0.65% for JCHI.

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

JCHI has the higher dividend yield at 1.89%, compared with 1.01% for BBUS.

What is the main difference between JCHI and BBUS?

JCHI is categorized as China Equities, while BBUS is Large Cap Blend Equities. Their fees differ too: 0.65% for JCHI and 0.02% for BBUS.

Which has better risk-adjusted returns?

BBUS currently has the higher Sharpe Ratio (1.82 vs 0.62), 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.