PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
UC04.L vs. BBDD.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

UC04.L vs. BBDD.L

Last updated Jun 5, 2026

UC04.L (UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis) and BBDD.L (JPMorgan BetaBuilders US Equity UCITS ETF (Dist)) are both Large Cap Blend Equities funds tracking the Russell 1000 TR USD, from UBS and JPMorgan respectively. Both are passively managed. Over the past 5 years, UC04.L returned 14.74%/yr vs 14.50%/yr for BBDD.L. With a 0.97 correlation, they move nearly in lockstep. UC04.L charges 0.14%/yr vs 0.05%/yr for BBDD.L.

Performance

UC04.L vs. BBDD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis (UC04.L) and JPMorgan BetaBuilders US Equity UCITS ETF (Dist) (BBDD.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

The year-to-date returns for both stocks are quite close, with UC04.L having a 10.50% return and BBDD.L slightly lower at 10.30%.

UC04.L

1D
0.01%
1M
4.68%
YTD
10.50%
6M
9.68%
1Y
28.68%
3Y*
19.17%
5Y*
14.74%
10Y*
16.01%

BBDD.L

1D
0.06%
1M
4.59%
YTD
10.30%
6M
9.47%
1Y
28.42%
3Y*
19.09%
5Y*
14.50%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

UC04.L vs. BBDD.L - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
UC04.L
UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis		10.50%9.28%27.38%20.52%-10.51%28.96%16.61%11.98%
BBDD.L
JPMorgan BetaBuilders US Equity UCITS ETF (Dist)		10.30%9.41%27.20%20.72%-10.45%29.23%16.11%11.88%

Correlation

The correlation between UC04.L and BBDD.L is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.99

Correlation (3Y)
Calculated over the trailing 3-year period

0.97

Correlation (5Y)
Calculated over the trailing 5-year period

0.97

Correlation (All Time)
Calculated using the full available price history since Apr 11, 2019

0.97

The correlation between UC04.L and BBDD.L has been stable across timeframes, ranging from 0.97 to 0.99 - a consistent structural relationship.

UC04.L vs. BBDD.L - Sectors Allocation Comparison

Sectors
UC04.L
BBDD.L

Technology

37.7%
35.4%

Financial Services

11.2%
11.8%

Communication Services

10.9%
11.5%

Consumer Cyclical

9.9%
10.1%

Healthcare

8.5%
8.6%

Industrials

8.1%
8.4%

Consumer Defensive

4.7%
4.8%

Energy

3.4%
3.6%

Utilities

2.1%
2.3%

Real Estate

1.9%
1.8%

Basic Materials

1.7%
1.7%

Technology

UC04.L
37.7%
BBDD.L
35.4%

Financial Services

UC04.L
11.2%
BBDD.L
11.8%

Communication Services

UC04.L
10.9%
BBDD.L
11.5%

Consumer Cyclical

UC04.L
9.9%
BBDD.L
10.1%

Healthcare

UC04.L
8.5%
BBDD.L
8.6%

Industrials

UC04.L
8.1%
BBDD.L
8.4%

Consumer Defensive

UC04.L
4.7%
BBDD.L
4.8%

Energy

UC04.L
3.4%
BBDD.L
3.6%

Utilities

UC04.L
2.1%
BBDD.L
2.3%

Real Estate

UC04.L
1.9%
BBDD.L
1.8%

Basic Materials

UC04.L
1.7%
BBDD.L
1.7%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis

JPMorgan BetaBuilders US Equity UCITS ETF (Dist)

Often compared with UC04.L:
UC04.L vs. SMHUC04.L vs. HMCA.LUC04.L vs. QQQUC04.L vs. ^GSPCUC04.L vs. SPX5.LUC04.L vs. SPYUC04.L vs. USFM.L
Often compared with BBDD.L:
BBDD.L vs. XBBBBDD.L vs. XCCCBBDD.L vs. BBBSBBDD.L vs. BBBLBBDD.L vs. XEMDBBDD.L vs. JPSC.DEBBDD.L vs. BBUS.DE

Return for Risk

UC04.L vs. BBDD.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
UC04.L
UC04.L Risk / Return Rank: 7979
Overall Rank
UC04.L Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
UC04.L Sortino Ratio Rank: 8282
Sortino Ratio Rank
UC04.L Omega Ratio Rank: 8484
Omega Ratio Rank
UC04.L Calmar Ratio Rank: 7676
Calmar Ratio Rank
UC04.L Martin Ratio Rank: 7171
Martin Ratio Rank
BBDD.L
BBDD.L Risk / Return Rank: 7979
Overall Rank
BBDD.L Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
BBDD.L Sortino Ratio Rank: 8181
Sortino Ratio Rank
BBDD.L Omega Ratio Rank: 8484
Omega Ratio Rank
BBDD.L Calmar Ratio Rank: 7474
Calmar Ratio Rank
BBDD.L Martin Ratio Rank: 7070
Martin Ratio Rank
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.

UC04.L vs. BBDD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis (UC04.L) and JPMorgan BetaBuilders US Equity UCITS ETF (Dist) (BBDD.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.

UC04.LBBDD.LDifference
Sharpe ratioReturn per unit of total volatility
2.70
2.69

+0.01

Sortino ratioReturn per unit of downside risk
3.61
3.60

+0.01

Omega ratioGain probability vs. loss probability

1.50

1.50

0.00

Calmar ratioReturn relative to maximum drawdown

3.74

3.66

+0.08

Martin ratioReturn relative to average drawdown

13.07

12.78

+0.29

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UC04.L vs. BBDD.L - Sharpe Ratio Comparison

The current UC04.L Sharpe Ratio is 2.70, which is comparable to the BBDD.L Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of UC04.L and BBDD.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.

Loading charts...

Sharpe Ratios by Period

UC04.LBBDD.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.70

2.69

+0.01

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.01

1.00

0.00

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.02

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.98

0.96

+0.02

Drawdowns

UC04.L vs. BBDD.L - Drawdown Comparison

The maximum UC04.L drawdown since its inception was -25.93%, roughly equal to the maximum BBDD.L drawdown of -25.72%. Use the drawdown chart below to compare losses from any high point for UC04.L and BBDD.L.

Loading charts...

Drawdown Indicators

UC04.LBBDD.LDifference

Max Drawdown

Largest peak-to-trough decline

-25.93%

-25.72%

-0.21%

Max Drawdown (1Y)

Largest decline over 1 year

-7.67%

-7.78%

+0.11%

Max Drawdown (3Y)

Largest decline over 3 years

-21.14%

-21.41%

+0.27%

Max Drawdown (5Y)

Largest decline over 5 years

-21.14%

-21.41%

+0.27%

Max Drawdown (10Y)

Largest decline over 10 years

-25.93%

—

—

Current Drawdown

Current decline from peak

-0.17%

-0.16%

-0.01%

Average Drawdown

Average peak-to-trough decline

-3.46%

-3.72%

+0.26%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.20%

2.23%

-0.03%

Volatility

UC04.L vs. BBDD.L - Volatility Comparison

UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis (UC04.L) and JPMorgan BetaBuilders US Equity UCITS ETF (Dist) (BBDD.L) have volatilities of 2.72% and 2.63%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

UC04.LBBDD.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.72%

2.63%

+0.09%

Volatility (6M)

Calculated over the trailing 6-month period

7.24%

7.24%

0.00%

Volatility (1Y)

Calculated over the trailing 1-year period

10.63%

10.57%

+0.06%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.66%

14.47%

+0.19%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.86%

16.17%

-0.31%

UC04.L vs. BBDD.L - Expense Ratio Comparison

UC04.L has a 0.14% expense ratio, which is higher than BBDD.L's 0.05% 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

UC04.L vs. BBDD.L - Dividend Comparison

UC04.L's dividend yield for the trailing twelve months is around 0.84%, less than BBDD.L's 0.99% yield.

PositionTTM20252024202320222021202020192018201720162015
BBDD.L
JPMorgan BetaBuilders US Equity UCITS ETF (Dist)		0.99%1.12%0.99%1.31%1.44%0.94%1.46%0.79%0.00%0.00%0.00%0.00%
UC04.L
UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis		0.84%0.96%0.95%1.12%1.19%0.89%1.28%1.40%1.50%1.32%1.52%1.44%

Frequently Asked Questions

With a correlation of 0.99, UC04.L and BBDD.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

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

BBDD.L is cheaper with a 0.05% expense ratio, compared with 0.14% for UC04.L.

Both ETFs track Russell 1000 TR USD. They also come from different issuers: UBS and JPMorgan. Their fees differ too: 0.14% for UC04.L and 0.05% for BBDD.L.

Portfolio Optimizer

Find the right allocation for UC04.L and BBDD.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