JGST.L vs. BBLL.L
JGST.L (JPM GBP Ultra-Short Income Active UCITS ETF - GBP (dist)) and BBLL.L (JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc)) are both exchange-traded funds - JGST.L is a Ultrashort Bond fund actively managed by JPMorgan, while BBLL.L is a Government Bonds fund tracking the ICE US Treasury 0-1 Year Index. JGST.L is actively managed, while BBLL.L is passively managed. Over the past year, JGST.L returned 4.22% vs 4.96% for BBLL.L. At a correlation of -0.16, they often move in opposite directions. JGST.L charges 0.18%/yr vs 0.07%/yr for BBLL.L.
Performance
JGST.L vs. BBLL.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JGST.L achieves a 1.36% return, which is significantly lower than BBLL.L's 1.64% return.
JGST.L
- 1D
- -0.07%
- 1M
- 0.50%
- YTD
- 1.36%
- 6M
- 1.67%
- 1Y
- 4.22%
- 3Y*
- 4.99%
- 5Y*
- 3.35%
- 10Y*
- —
BBLL.L
- 1D
- 0.05%
- 1M
- 1.28%
- YTD
- 1.64%
- 6M
- 1.15%
- 1Y
- 4.96%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JGST.L vs. BBLL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JGST.L JPM GBP Ultra-Short Income Active UCITS ETF - GBP (dist) | 1.36% | 3.35% |
BBLL.L JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc) | 1.64% | 2.34% |
Correlation
The correlation between JGST.L and BBLL.L is -0.17, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.17 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 2025 | -0.16 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JGST.L vs. BBLL.L — Risk / Return Rank
JGST.L
BBLL.L
JGST.L vs. BBLL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPM GBP Ultra-Short Income Active UCITS ETF - GBP (dist) (JGST.L) and JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc) (BBLL.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.
| JGST.L | BBLL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +5.78 | ||
| Sortino ratioReturn per unit of downside risk | +10.57 | ||
| Omega ratioGain probability vs. loss probability | 3.00 | 1.13 | +1.87 |
| Calmar ratioReturn relative to maximum drawdown | 10.07 | 1.09 | +8.98 |
| Martin ratioReturn relative to average drawdown | 60.92 | 2.77 | +58.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| JGST.L | BBLL.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 6.55 | 0.77 | +5.78 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 5.77 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 4.32 | 0.57 | +3.75 |
Drawdowns
JGST.L vs. BBLL.L - Drawdown Comparison
The maximum JGST.L drawdown since its inception was -1.18%, smaller than the maximum BBLL.L drawdown of -4.55%. Use the drawdown chart below to compare losses from any high point for JGST.L and BBLL.L.
Loading charts...
Drawdown Indicators
| JGST.L | BBLL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.18% | -4.55% | +3.37% |
Max Drawdown (1Y)Largest decline over 1 year | -0.43% | -4.55% | +4.12% |
Max Drawdown (3Y)Largest decline over 3 years | -0.43% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -0.76% | — | — |
Current DrawdownCurrent decline from peak | -0.07% | -1.11% | +1.04% |
Average DrawdownAverage peak-to-trough decline | -0.10% | -1.59% | +1.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.07% | 1.79% | -1.72% |
Volatility
JGST.L vs. BBLL.L - Volatility Comparison
The current volatility for JPM GBP Ultra-Short Income Active UCITS ETF - GBP (dist) (JGST.L) is 0.25%, while JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc) (BBLL.L) has a volatility of 1.86%. This indicates that JGST.L experiences smaller price fluctuations and is considered to be less risky than BBLL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JGST.L | BBLL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.25% | 1.86% | -1.61% |
Volatility (6M)Calculated over the trailing 6-month period | 0.59% | 4.69% | -4.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.65% | 6.43% | -5.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.58% | 6.41% | -5.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.57% | 6.41% | -5.84% |
JGST.L vs. BBLL.L - Expense Ratio Comparison
JGST.L has a 0.18% expense ratio, which is higher than BBLL.L's 0.07% 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
JGST.L vs. BBLL.L - Dividend Comparison
JGST.L's dividend yield for the trailing twelve months is around 4.29%, while BBLL.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BBLL.L JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JGST.L JPM GBP Ultra-Short Income Active UCITS ETF - GBP (dist) | 4.29% | 4.37% | 5.01% | 3.88% | 1.01% | 0.51% | 0.73% | 0.72% | 0.21% |
Frequently Asked Questions
JGST.L and BBLL.L have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BBLL.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BBLL.L is cheaper with a 0.07% expense ratio, compared with 0.18% for JGST.L.
JGST.L is categorized as Ultrashort Bond, while BBLL.L is Government Bonds. Their fees differ too: 0.18% for JGST.L and 0.07% for BBLL.L.
Find the right allocation for JGST.L and BBLL.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer