VGVT vs. BBAG

Last updated Apr 1, 2026

Compare and contrast key facts about Vanguard Government Securities Active ETF (VGVT) and JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BBAG).

VGVT and BBAG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VGVT is an actively managed fund by Vanguard. It was launched on Jul 7, 2025. BBAG is a passively managed fund by JPMorgan that tracks the performance of the Bloomberg US Aggregate Bond Index. It was launched on Dec 12, 2018.

Performance

VGVT vs. BBAG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Government Securities Active ETF (VGVT) and JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BBAG). The values are adjusted to include any dividend payments, if applicable.

VGVT vs. BBAG - Yearly Performance Comparison

	2026 (YTD)	2025
VGVT Vanguard Government Securities Active ETF	0.12%	3.28%
BBAG JPMorgan BetaBuilders U.S. Aggregate Bond ETF	0.11%	3.51%

Returns By Period

In the year-to-date period, VGVT achieves a 0.12% return, which is significantly higher than BBAG's 0.11% return.

VGVT

• 1D: 0.21%
• 1M: -1.74%
• YTD: 0.12%
• 6M: 1.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BBAG

• 1D: 0.30%
• 1M: -1.73%
• YTD: 0.11%
• 6M: 1.03%
• 1Y: 4.51%
• 3Y*: 3.61%
• 5Y*: 0.15%
• 10Y*: —

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

VGVT vs. BBAG - Expense Ratio Comparison

VGVT has a 0.10% expense ratio, which is higher than BBAG's 0.03% 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%.

VGVT

Vanguard Government Securities Active ETF

BBAG

JPMorgan BetaBuilders U.S. Aggregate Bond ETF

Return for Risk

VGVT vs. BBAG — Risk / Return Rank

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

BBAG

BBAG Risk / Return Rank: 56
BBAG Sharpe Ratio Rank: 58
BBAG Sortino Ratio Rank: 54
BBAG Omega Ratio Rank: 48
BBAG Calmar Ratio Rank: 70
BBAG Martin Ratio Rank: 50

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.

VGVT vs. BBAG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Government Securities Active ETF (VGVT) and JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BBAG). 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

	VGVT	BBAG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.01	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.02	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.45	0.33	+1.12

Correlation

The correlation between VGVT and BBAG is 0.90, 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

VGVT vs. BBAG - Dividend Comparison

VGVT's dividend yield for the trailing twelve months is around 2.95%, less than BBAG's 4.32% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
VGVT Vanguard Government Securities Active ETF	2.95%	2.29%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BBAG JPMorgan BetaBuilders U.S. Aggregate Bond ETF	4.32%	4.29%	4.25%	3.60%	2.23%	1.44%	2.26%	2.92%	0.16%

Drawdowns

VGVT vs. BBAG - Drawdown Comparison

The maximum VGVT drawdown since its inception was -2.42%, smaller than the maximum BBAG drawdown of -18.73%. Use the drawdown chart below to compare losses from any high point for VGVT and BBAG.

Drawdown Indicators

	VGVT	BBAG	Difference
Max Drawdown Largest peak-to-trough decline	-2.42%	-18.73%	+16.31%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.61%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.06%	—
Current Drawdown Current decline from peak	-1.74%	-2.90%	+1.16%
Average Drawdown Average peak-to-trough decline	-0.42%	-6.31%	+5.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.96%	—

Volatility

Volatility by Period

	VGVT	BBAG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.83%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.71%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.27%	4.47%	-1.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.27%	5.91%	-2.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.27%	5.84%	-2.57%