NXTG.L vs. BBUD.L

Last updated Jul 17, 2026

NXTG.L (First Trust Indxx NextG UCITS ETF USD (Acc)) and BBUD.L (JPM BetaBuilders US Equity UCITS ETF - USD (dist)) are both exchange-traded funds - NXTG.L is a Technology Equities fund tracking the Indxx 5G & NextG Thematic Index, while BBUD.L is a Large Cap Blend Equities fund tracking the Morningstar US Target Market Exposure Index. Both are passively managed. Over the past 5 years, NXTG.L returned 9.15%/yr vs 13.18%/yr for BBUD.L. A 0.53 correlation means they provide meaningful diversification when combined. NXTG.L charges 0.70%/yr vs 0.05%/yr for BBUD.L.

Performance

NXTG.L vs. BBUD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in First Trust Indxx NextG UCITS ETF USD (Acc) (NXTG.L) and JPM BetaBuilders US Equity UCITS ETF - USD (dist) (BBUD.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

NXTG.L is traded in GBp, while BBUD.L is traded in USD. To make them comparable, the BBUD.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, NXTG.L achieves a 34.45% return, which is significantly higher than BBUD.L's 10.61% return.

NXTG.L

• 1D: -0.89%
• 1M: -7.37%
• 6M: 29.71%
• YTD: 34.45%
• 1Y: 52.12%
• 3Y*: 15.36%
• 5Y*: 9.15%
• 10Y*: 6.55%

BBUD.L

• 1D: -0.25%
• 1M: 0.65%
• 6M: 8.58%
• YTD: 10.61%
• 1Y: 22.04%
• 3Y*: 19.10%
• 5Y*: 13.18%
• 10Y*: —

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

NXTG.L vs. BBUD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
NXTG.L First Trust Indxx NextG UCITS ETF USD (Acc)	34.45%	19.23%	14.96%	0.29%	-24.39%	15.88%	4.17%	3.44%
BBUD.L JPM BetaBuilders US Equity UCITS ETF - USD (dist)	10.61%	9.05%	27.31%	21.26%	-10.43%	28.84%	16.63%	12.40%

Correlation

The correlation between NXTG.L and BBUD.L is 0.66, 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	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (All Time) Calculated using the full available price history since Apr 3, 2019	0.53

The correlation between NXTG.L and BBUD.L shifts across timeframes, from 0.53 (all time) to 0.66 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

NXTG.L vs. BBUD.L — Risk / Return Rank

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

NXTG.L

NXTG.L Risk / Return Rank: 51
NXTG.L Sharpe Ratio Rank: 37
NXTG.L Sortino Ratio Rank: 45
NXTG.L Omega Ratio Rank: 90
NXTG.L Calmar Ratio Rank: 49
NXTG.L Martin Ratio Rank: 35

BBUD.L

BBUD.L Risk / Return Rank: 67
BBUD.L Sharpe Ratio Rank: 67
BBUD.L Sortino Ratio Rank: 71
BBUD.L Omega Ratio Rank: 66
BBUD.L Calmar Ratio Rank: 61
BBUD.L Martin Ratio Rank: 70

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.

NXTG.L vs. BBUD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx NextG UCITS ETF USD (Acc) (NXTG.L) and JPM BetaBuilders US Equity UCITS ETF - USD (dist) (BBUD.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.

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.

	NXTG.L	BBUD.L	Difference
Sharpe ratio: Return per unit of total volatility	1.11	1.73	-0.63
Sortino ratio: Return per unit of downside risk	1.88	2.42	-0.55
Omega ratio: Gain probability vs. loss probability	1.45	1.32	+0.14
Calmar ratio: Return relative to maximum drawdown	2.04	2.80	-0.75
Martin ratio: Return relative to average drawdown	4.26	9.09	-4.83

NXTG.L vs. BBUD.L - Sharpe Ratio Comparison

The current NXTG.L Sharpe Ratio is 1.11, which is lower than the BBUD.L Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of NXTG.L and BBUD.L, 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

NXTG.L vs. BBUD.L - Drawdown Comparison

The maximum NXTG.L drawdown since its inception was -45.94%, which is greater than BBUD.L's maximum drawdown of -26.30%. Use the drawdown chart below to compare losses from any high point for NXTG.L and BBUD.L.

Drawdown Indicators

	NXTG.L	BBUD.L	Difference
Max Drawdown Largest peak-to-trough decline	-45.94%	-26.30%	-19.64%
Max Drawdown (1Y) Largest decline over 1 year	-25.38%	-7.71%	-17.67%
Max Drawdown (3Y) Largest decline over 3 years	-31.89%	-21.32%	-10.57%
Max Drawdown (5Y) Largest decline over 5 years	-32.91%	-21.32%	-11.59%
Max Drawdown (10Y) Largest decline over 10 years	-45.94%	—	—
Current Drawdown Current decline from peak	-12.70%	-0.43%	-12.27%
Average Drawdown Average peak-to-trough decline	-19.85%	-3.72%	-16.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.21%	2.38%	+9.83%

Volatility

NXTG.L vs. BBUD.L - Volatility Comparison

First Trust Indxx NextG UCITS ETF USD (Acc) (NXTG.L) has a higher volatility of 7.02% compared to JPM BetaBuilders US Equity UCITS ETF - USD (dist) (BBUD.L) at 3.21%. This indicates that NXTG.L's price experiences larger fluctuations and is considered to be riskier than BBUD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NXTG.L	BBUD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.02%	3.21%	+3.81%
Volatility (6M) Calculated over the trailing 6-month period	15.82%	9.56%	+6.26%
Volatility (1Y) Calculated over the trailing 1-year period	46.85%	12.45%	+34.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.06%	15.70%	+27.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.80%	17.15%	+15.65%

NXTG.L vs. BBUD.L - Expense Ratio Comparison

NXTG.L has a 0.70% expense ratio, which is higher than BBUD.L's 0.05% expense ratio.

Dividends

NXTG.L vs. BBUD.L - Dividend Comparison

NXTG.L has not paid dividends to shareholders, while BBUD.L's dividend yield for the trailing twelve months is around 1.10%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BBUD.L JPM BetaBuilders US Equity UCITS ETF - USD (dist)	1.10%	1.10%	1.01%	1.29%	1.46%	0.95%	1.37%	0.74%
NXTG.L First Trust Indxx NextG UCITS ETF USD (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NXTG.L and BBUD.L in my portfolio?

NXTG.L and BBUD.L have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NXTG.L or BBUD.L?

On fees, BBUD.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NXTG.L or BBUD.L?

BBUD.L is cheaper with a 0.05% expense ratio, compared with 0.70% for NXTG.L.

What is the main difference between NXTG.L and BBUD.L?

NXTG.L is categorized as Technology Equities, while BBUD.L is Large Cap Blend Equities. NXTG.L tracks Indxx 5G & NextG Thematic Index, while BBUD.L tracks Morningstar US Target Market Exposure Index. They also come from different issuers: First Trust and JPMorgan. Their fees differ too: 0.70% for NXTG.L and 0.05% for BBUD.L.