VBCJ vs. BBCB

Last updated Jun 6, 2026

VBCJ (Vanguard Target Maturity 2036 Corporate Bond ETF) and BBCB (JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF) are both Corporate Bonds funds - VBCJ tracks the ICE 2036 Maturity US Corporate Constrained Index while BBCB tracks the Bloomberg US Corporate Investment Grade. Both are passively managed. Their correlation of 0.95 suggests significant overlap in exposure. VBCJ charges 0.08%/yr vs 0.09%/yr for BBCB.

Performance

VBCJ vs. BBCB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Target Maturity 2036 Corporate Bond ETF (VBCJ) and JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VBCJ

• 1D: -0.66%
• 1M: -0.91%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BBCB

• 1D: -0.44%
• 1M: -0.39%
• YTD: 2.48%
• 6M: 2.57%
• 1Y: 7.63%
• 3Y*: 5.89%
• 5Y*: 0.77%
• 10Y*: —

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

VBCJ vs. BBCB - Yearly Performance Comparison

	2026 (YTD)
VBCJ Vanguard Target Maturity 2036 Corporate Bond ETF	1.19%
BBCB JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF	3.68%

Correlation

The correlation between VBCJ and BBCB is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 27, 2026	0.95

Return for Risk

VBCJ vs. BBCB — Risk / Return Rank

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

BBCB

BBCB Risk / Return Rank: 54
BBCB Sharpe Ratio Rank: 48
BBCB Sortino Ratio Rank: 57
BBCB Omega Ratio Rank: 52
BBCB Calmar Ratio Rank: 56
BBCB Martin Ratio Rank: 56

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.

VBCJ vs. BBCB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Maturity 2036 Corporate Bond ETF (VBCJ) and JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB). 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

	VBCJ	BBCB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.56	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.11	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.08	0.45	+0.63

Drawdowns

VBCJ vs. BBCB - Drawdown Comparison

The maximum VBCJ drawdown since its inception was -2.50%, smaller than the maximum BBCB drawdown of -22.48%. Use the drawdown chart below to compare losses from any high point for VBCJ and BBCB.

Drawdown Indicators

	VBCJ	BBCB	Difference
Max Drawdown Largest peak-to-trough decline	-2.50%	-22.48%	+19.98%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.95%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-6.46%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.32%	—
Current Drawdown Current decline from peak	-1.29%	-0.67%	-0.62%
Average Drawdown Average peak-to-trough decline	-0.67%	-6.66%	+5.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.83%	—

Volatility

Volatility by Period

	VBCJ	BBCB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.39%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.00%	—
Volatility (1Y) Calculated over the trailing 1-year period	5.87%	4.92%	+0.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.87%	7.25%	-1.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.87%	7.49%	-1.62%

VBCJ vs. BBCB - Expense Ratio Comparison

VBCJ has a 0.08% expense ratio, which is lower than BBCB's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

VBCJ vs. BBCB - Dividend Comparison

VBCJ's dividend yield for the trailing twelve months is around 0.91%, less than BBCB's 7.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BBCB JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF	7.18%	5.02%	5.22%	4.22%	3.39%	3.47%	4.59%	5.25%	0.20%
VBCJ Vanguard Target Maturity 2036 Corporate Bond ETF	0.91%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VBCJ and BBCB in my portfolio?

With a correlation of 0.95, VBCJ and BBCB 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.

Which ETF is better, VBCJ or BBCB?

On fees, VBCJ is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VBCJ or BBCB?

VBCJ is cheaper with a 0.08% expense ratio, compared with 0.09% for BBCB.

Which ETF pays a higher dividend yield, VBCJ or BBCB?

BBCB has the higher dividend yield at 7.18%, compared with 0.91% for VBCJ.

What is the main difference between VBCJ and BBCB?

VBCJ tracks ICE 2036 Maturity US Corporate Constrained Index, while BBCB tracks Bloomberg US Corporate Investment Grade. They also come from different issuers: Vanguard and JPMorgan. Their fees differ too: 0.08% for VBCJ and 0.09% for BBCB.