PCT.L vs. BBSU.L

Last updated Apr 2, 2026

Compare and contrast key facts about Polar Capital Technology Trust (PCT.L) and JPMorgan BetaBuilders US Equity UCITS ETF (Acc) (BBSU.L).

BBSU.L is a passively managed fund by JPMorgan that tracks the performance of the Russell 1000 TR USD. It was launched on Apr 3, 2019.

Performance

PCT.L vs. BBSU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Polar Capital Technology Trust (PCT.L) and JPMorgan BetaBuilders US Equity UCITS ETF (Acc) (BBSU.L). The values are adjusted to include any dividend payments, if applicable.

PCT.L vs. BBSU.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
PCT.L Polar Capital Technology Trust	9.05%	33.14%	34.30%	50.52%	-36.80%	18.35%	45.33%	20.88%
BBSU.L JPMorgan BetaBuilders US Equity UCITS ETF (Acc)	-3.45%	9.39%	27.19%	20.71%	-10.46%	29.25%	16.07%	11.91%

Returns By Period

In the year-to-date period, PCT.L achieves a 9.05% return, which is significantly higher than BBSU.L's -3.45% return.

PCT.L

• 1D: 5.42%
• 1M: -0.59%
• YTD: 9.05%
• 6M: 15.00%
• 1Y: 73.29%
• 3Y*: 36.26%
• 5Y*: 17.81%
• 10Y*: 24.14%

BBSU.L

• 1D: 1.60%
• 1M: -3.24%
• YTD: -3.45%
• 6M: -0.34%
• 1Y: 14.51%
• 3Y*: 15.81%
• 5Y*: 12.13%
• 10Y*: —

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

Return for Risk

PCT.L vs. BBSU.L — Risk / Return Rank

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

PCT.L

PCT.L Risk / Return Rank: 96
PCT.L Sharpe Ratio Rank: 95
PCT.L Sortino Ratio Rank: 95
PCT.L Omega Ratio Rank: 94
PCT.L Calmar Ratio Rank: 97
PCT.L Martin Ratio Rank: 98

BBSU.L

BBSU.L Risk / Return Rank: 54
BBSU.L Sharpe Ratio Rank: 49
BBSU.L Sortino Ratio Rank: 47
BBSU.L Omega Ratio Rank: 49
BBSU.L Calmar Ratio Rank: 66
BBSU.L Martin Ratio Rank: 58

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.

PCT.L vs. BBSU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Polar Capital Technology Trust (PCT.L) and JPMorgan BetaBuilders US Equity UCITS ETF (Acc) (BBSU.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.

	PCT.L	BBSU.L	Difference
Sharpe ratio Return per unit of total volatility	2.84	0.94	+1.90
Sortino ratio Return per unit of downside risk	3.59	1.37	+2.22
Omega ratio Gain probability vs. loss probability	1.48	1.20	+0.28
Calmar ratio Return relative to maximum drawdown	7.28	1.84	+5.44
Martin ratio Return relative to average drawdown	23.35	6.20	+17.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PCT.L vs. BBSU.L - Sharpe Ratio Comparison

The current PCT.L Sharpe Ratio is 2.84, which is higher than the BBSU.L Sharpe Ratio of 0.94. The chart below compares the historical Sharpe Ratios of PCT.L and BBSU.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PCT.L	BBSU.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.84	0.94	+1.90
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	0.84	-0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.99	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.84	-0.36

Correlation

The correlation between PCT.L and BBSU.L is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

PCT.L vs. BBSU.L - Dividend Comparison

Neither PCT.L nor BBSU.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

PCT.L vs. BBSU.L - Drawdown Comparison

The maximum PCT.L drawdown since its inception was -84.10%, which is greater than BBSU.L's maximum drawdown of -25.80%. Use the drawdown chart below to compare losses from any high point for PCT.L and BBSU.L.

Drawdown Indicators

	PCT.L	BBSU.L	Difference
Max Drawdown Largest peak-to-trough decline	-84.10%	-25.80%	-58.30%
Max Drawdown (1Y) Largest decline over 1 year	-12.80%	-10.79%	-2.01%
Max Drawdown (5Y) Largest decline over 5 years	-37.89%	-21.42%	-16.47%
Max Drawdown (10Y) Largest decline over 10 years	-37.89%	—	—
Current Drawdown Current decline from peak	-3.62%	-5.43%	+1.81%
Average Drawdown Average peak-to-trough decline	-30.34%	-3.79%	-26.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.11%	2.32%	+0.79%

Volatility

PCT.L vs. BBSU.L - Volatility Comparison

Polar Capital Technology Trust (PCT.L) has a higher volatility of 8.64% compared to JPMorgan BetaBuilders US Equity UCITS ETF (Acc) (BBSU.L) at 3.78%. This indicates that PCT.L's price experiences larger fluctuations and is considered to be riskier than BBSU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PCT.L	BBSU.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.64%	3.78%	+4.86%
Volatility (6M) Calculated over the trailing 6-month period	17.85%	8.36%	+9.49%
Volatility (1Y) Calculated over the trailing 1-year period	25.68%	15.46%	+10.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.93%	14.52%	+10.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.42%	16.22%	+8.20%