JPEF vs. BBLU

Last updated Jun 4, 2026

JPEF (JPMorgan Equity Focus ETF) and BBLU (Ea Bridgeway Blue Chip ETF) are both exchange-traded funds - JPEF is a Large Cap Blend Equities fund actively managed by JPMorgan, while BBLU is a Large Cap Growth Equities fund actively managed by Alpha Architect. Both are actively managed. Over the past year, JPEF returned 19.43% vs 29.32% for BBLU. Their correlation of 0.86 suggests significant overlap in exposure. JPEF charges 0.50%/yr vs 0.15%/yr for BBLU.

Performance

JPEF vs. BBLU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Equity Focus ETF (JPEF) and Ea Bridgeway Blue Chip ETF (BBLU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JPEF achieves a 7.80% return, which is significantly lower than BBLU's 10.22% return.

JPEF

• 1D: -0.61%
• 1M: 3.38%
• YTD: 7.80%
• 6M: 7.01%
• 1Y: 19.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BBLU

• 1D: -0.83%
• 1M: 5.85%
• YTD: 10.22%
• 6M: 10.38%
• 1Y: 29.32%
• 3Y*: 23.09%
• 5Y*: —
• 10Y*: —

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

JPEF vs. BBLU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JPEF JPMorgan Equity Focus ETF	7.80%	12.07%	28.19%	5.72%
BBLU Ea Bridgeway Blue Chip ETF	10.22%	18.40%	27.47%	4.40%

Correlation

The correlation between JPEF and BBLU is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (All Time) Calculated using the full available price history since Aug 1, 2023	0.86

The correlation between JPEF and BBLU has been stable across timeframes, ranging from 0.80 to 0.86 - a consistent structural relationship.

JPEF vs. BBLU - Sectors Allocation Comparison

Sectors	JPEF	BBLU
Technology	29.0%	29.3%
Financial Services	14.0%	15.9%
Communication Services	12.1%	14.6%
Consumer Cyclical	11.8%	9.8%
Industrials	9.3%	2.1%
Healthcare	8.7%	12.5%
Energy	5.2%	6.1%
Utilities	2.9%	-
Real Estate	2.6%	-
Basic Materials	2.2%	-
Consumer Defensive	2.0%	9.6%

Return for Risk

JPEF vs. BBLU — Risk / Return Rank

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

JPEF

JPEF Risk / Return Rank: 51
JPEF Sharpe Ratio Rank: 49
JPEF Sortino Ratio Rank: 49
JPEF Omega Ratio Rank: 50
JPEF Calmar Ratio Rank: 48
JPEF Martin Ratio Rank: 60

BBLU

BBLU Risk / Return Rank: 79
BBLU Sharpe Ratio Rank: 80
BBLU Sortino Ratio Rank: 82
BBLU Omega Ratio Rank: 77
BBLU Calmar Ratio Rank: 79
BBLU Martin Ratio Rank: 81

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.

JPEF vs. BBLU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Focus ETF (JPEF) and Ea Bridgeway Blue Chip ETF (BBLU). 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.

	JPEF	BBLU	Difference
Sharpe ratio: Return per unit of total volatility	1.72	2.63	-0.92
Sortino ratio: Return per unit of downside risk	2.43	3.72	-1.29
Omega ratio: Gain probability vs. loss probability	1.32	1.46	-0.15
Calmar ratio: Return relative to maximum drawdown	2.36	4.08	-1.72
Martin ratio: Return relative to average drawdown	10.68	16.28	-5.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JPEF vs. BBLU - Sharpe Ratio Comparison

The current JPEF Sharpe Ratio is 1.72, which is lower than the BBLU Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of JPEF and BBLU, 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

	JPEF	BBLU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.72	2.63	-0.92
Sharpe Ratio (All Time) Calculated using the full available price history	1.27	1.81	-0.54

Drawdowns

JPEF vs. BBLU - Drawdown Comparison

The maximum JPEF drawdown since its inception was -18.09%, which is greater than BBLU's maximum drawdown of -17.20%. Use the drawdown chart below to compare losses from any high point for JPEF and BBLU.

Drawdown Indicators

	JPEF	BBLU	Difference
Max Drawdown Largest peak-to-trough decline	-18.09%	-17.20%	-0.89%
Max Drawdown (1Y) Largest decline over 1 year	-8.25%	-7.22%	-1.03%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.20%	—
Current Drawdown Current decline from peak	-0.81%	-0.83%	+0.02%
Average Drawdown Average peak-to-trough decline	-2.15%	-1.98%	-0.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.82%	1.81%	+0.01%

Volatility

JPEF vs. BBLU - Volatility Comparison

JPMorgan Equity Focus ETF (JPEF) has a higher volatility of 3.01% compared to Ea Bridgeway Blue Chip ETF (BBLU) at 2.82%. This indicates that JPEF's price experiences larger fluctuations and is considered to be riskier than BBLU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JPEF	BBLU	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.01%	2.82%	+0.19%
Volatility (6M) Calculated over the trailing 6-month period	8.64%	7.88%	+0.76%
Volatility (1Y) Calculated over the trailing 1-year period	11.38%	11.20%	+0.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.02%	14.53%	+0.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.02%	14.53%	+0.49%

JPEF vs. BBLU - Expense Ratio Comparison

JPEF has a 0.50% expense ratio, which is higher than BBLU's 0.15% expense ratio.

Dividends

JPEF vs. BBLU - Dividend Comparison

JPEF's dividend yield for the trailing twelve months is around 0.65%, less than BBLU's 1.14% yield.

Position	TTM	2025	2024	2023	2022
BBLU Ea Bridgeway Blue Chip ETF	1.14%	1.25%	1.39%	1.68%	32.08%
JPEF JPMorgan Equity Focus ETF	0.65%	0.70%	0.71%	0.39%	0.00%

Frequently Asked Questions

Can I hold both JPEF and BBLU in my portfolio?

JPEF and BBLU have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JPEF or BBLU?

JPEF has higher volatility (3.01%) compared to BBLU (2.82%). In terms of maximum drawdown, JPEF dropped -18.09% vs BBLU's -17.20%.

Which ETF is better, JPEF or BBLU?

On 1-year performance, BBLU leads with 29.32% vs 19.43% for JPEF. On fees, BBLU is cheaper at 0.15% per year. On volatility, BBLU has been the lower-risk option at 2.82%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JPEF or BBLU?

Over the 1-year period, BBLU has performed better with a 29.32% return vs 19.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JPEF or BBLU?

BBLU is cheaper with a 0.15% expense ratio, compared with 0.50% for JPEF.

Which ETF pays a higher dividend yield, JPEF or BBLU?

BBLU has the higher dividend yield at 1.14%, compared with 0.65% for JPEF.

What is the main difference between JPEF and BBLU?

JPEF is categorized as Large Cap Blend Equities, while BBLU is Large Cap Growth Equities. They also come from different issuers: JPMorgan and Alpha Architect. Their fees differ too: 0.50% for JPEF and 0.15% for BBLU.

Which has better risk-adjusted returns?

BBLU currently has the higher Sharpe Ratio (2.63 vs 1.72), 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.