LMBO vs. BBSB

Last updated Jun 4, 2026

LMBO (Direxion Daily Crypto Industry Bull 2X Shares ETF) and BBSB (JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF) are both exchange-traded funds - LMBO is a Leveraged Equities fund tracking the Solactive Distributed Ledger & Decentralized Payment Tech Index, while BBSB is a Government Bonds fund tracking the ICE U.S. Treasury 1-3 Year Bond Index. Both are passively managed. At a correlation of -0.14, they often move in opposite directions. LMBO charges 0.98%/yr vs 0.04%/yr for BBSB.

Performance

LMBO vs. BBSB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Crypto Industry Bull 2X Shares ETF (LMBO) and JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF (BBSB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LMBO

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BBSB

• 1D: -0.05%
• 1M: 0.10%
• YTD: 0.47%
• 6M: 0.74%
• 1Y: 3.43%
• 3Y*: 4.15%
• 5Y*: —
• 10Y*: —

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

LMBO vs. BBSB - Yearly Performance Comparison

	2026 (YTD)	2025	2024
LMBO Direxion Daily Crypto Industry Bull 2X Shares ETF	-13.58%	-3.47%	-3.79%
BBSB JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF	0.47%	5.12%	2.04%

Correlation

The correlation between LMBO and BBSB is -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.04
Correlation (All Time) Calculated using the full available price history since Jul 18, 2024	-0.14

LMBO vs. BBSB - Sectors Allocation Comparison

Sectors	LMBO	BBSB
Financial Services	67.2%	-
Technology	32.8%	-
Basic Materials	-	-
Communication Services	-	99.7%
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

LMBO vs. BBSB — Risk / Return Rank

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

BBSB

BBSB Risk / Return Rank: 85
BBSB Sharpe Ratio Rank: 83
BBSB Sortino Ratio Rank: 93
BBSB Omega Ratio Rank: 89
BBSB Calmar Ratio Rank: 79
BBSB Martin Ratio Rank: 82

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.

LMBO vs. BBSB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Crypto Industry Bull 2X Shares ETF (LMBO) and JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF (BBSB). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	LMBO	BBSB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	2.35	—

Drawdowns

Drawdown Indicators

	LMBO	BBSB	Difference
Max Drawdown Largest peak-to-trough decline	—	-1.57%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-0.86%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.96%	—
Current Drawdown Current decline from peak	—	-0.25%	—
Average Drawdown Average peak-to-trough decline	—	-0.31%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.21%	—

Volatility

Volatility by Period

	LMBO	BBSB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.36%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.85%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	1.27%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	1.66%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	1.66%	—

LMBO vs. BBSB - Expense Ratio Comparison

LMBO has a 0.98% expense ratio, which is higher than BBSB's 0.04% expense ratio.

Dividends

LMBO vs. BBSB - Dividend Comparison

LMBO's dividend yield for the trailing twelve months is around 5.30%, more than BBSB's 3.81% yield.

Position	TTM	2025	2024	2023
BBSB JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF	3.81%	3.69%	4.84%	3.50%
LMBO Direxion Daily Crypto Industry Bull 2X Shares ETF	5.30%	4.71%	0.24%	0.00%

Frequently Asked Questions

Can I hold both LMBO and BBSB in my portfolio?

LMBO and BBSB have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LMBO or BBSB?

On fees, BBSB is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LMBO or BBSB?

BBSB is cheaper with a 0.04% expense ratio, compared with 0.98% for LMBO.

Which ETF pays a higher dividend yield, LMBO or BBSB?

LMBO has the higher dividend yield at 5.30%, compared with 3.81% for BBSB.

What is the main difference between LMBO and BBSB?

LMBO is categorized as Leveraged Equities, while BBSB is Government Bonds. LMBO tracks Solactive Distributed Ledger & Decentralized Payment Tech Index, while BBSB tracks ICE U.S. Treasury 1-3 Year Bond Index. They also come from different issuers: Direxion and JPMorgan. Their fees differ too: 0.98% for LMBO and 0.04% for BBSB.