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VNRT.L vs. BBDD.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VNRT.L vs. BBDD.L

Last updated Jun 5, 2026

VNRT.L (Vanguard FTSE North America UCITS ETF Distributing) and BBDD.L (JPMorgan BetaBuilders US Equity UCITS ETF (Dist)) are both Large Cap Blend Equities funds tracking the Russell 1000 TR USD, from Vanguard and JPMorgan respectively. Both are passively managed. Over the past 5 years, VNRT.L returned 14.08%/yr vs 14.50%/yr for BBDD.L. With a 0.99 correlation, they move nearly in lockstep. VNRT.L charges 0.10%/yr vs 0.05%/yr for BBDD.L.

Performance

VNRT.L vs. BBDD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Vanguard FTSE North America UCITS ETF Distributing (VNRT.L) and JPMorgan BetaBuilders US Equity UCITS ETF (Dist) (BBDD.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

VNRT.L is traded in GBP, while BBDD.L is traded in GBp. To make them comparable, the BBDD.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with VNRT.L having a 10.09% return and BBDD.L slightly higher at 10.30%.

VNRT.L

1D
0.13%
1M
5.67%
YTD
10.09%
6M
9.79%
1Y
27.47%
3Y*
18.48%
5Y*
14.08%
10Y*
15.64%

BBDD.L

1D
0.06%
1M
5.57%
YTD
10.30%
6M
10.10%
1Y
28.61%
3Y*
19.09%
5Y*
14.50%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)2025202420232022202120202019
VNRT.L
Vanguard FTSE North America UCITS ETF Distributing		10.09%8.77%26.36%19.99%-9.98%28.99%15.42%11.90%
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 VNRT.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

0.99

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

0.99

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

0.99

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

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

Sectors
VNRT.L
BBDD.L

Technology

34.4%
35.4%

Financial Services

13.0%
11.8%

Communication Services

10.9%
11.5%

Consumer Cyclical

9.8%
10.1%

Industrials

8.3%
8.4%

Healthcare

8.2%
8.6%

Consumer Defensive

4.7%
4.8%

Energy

4.3%
3.6%

Basic Materials

2.4%
1.7%

Utilities

2.3%
2.3%

Real Estate

1.8%
1.8%

Technology

VNRT.L
34.4%
BBDD.L
35.4%

Financial Services

VNRT.L
13.0%
BBDD.L
11.8%

Communication Services

VNRT.L
10.9%
BBDD.L
11.5%

Consumer Cyclical

VNRT.L
9.8%
BBDD.L
10.1%

Industrials

VNRT.L
8.3%
BBDD.L
8.4%

Healthcare

VNRT.L
8.2%
BBDD.L
8.6%

Consumer Defensive

VNRT.L
4.7%
BBDD.L
4.8%

Energy

VNRT.L
4.3%
BBDD.L
3.6%

Basic Materials

VNRT.L
2.4%
BBDD.L
1.7%

Utilities

VNRT.L
2.3%
BBDD.L
2.3%

Real Estate

VNRT.L
1.8%
BBDD.L
1.8%

Compare stocks, funds, or ETFs

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Vanguard FTSE North America UCITS ETF Distributing

JPMorgan BetaBuilders US Equity UCITS ETF (Dist)

Often compared with VNRT.L:
VNRT.L vs. VUSA.LVNRT.L vs. VUAG.LVNRT.L vs. VNRG.LVNRT.L vs. VEVE.LVNRT.L vs. VUAA.LVNRT.L vs. SWDA.LVNRT.L vs. IUSA.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

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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VNRT.L
VNRT.L Risk / Return Rank: 7777
Overall Rank
VNRT.L Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
VNRT.L Sortino Ratio Rank: 7979
Sortino Ratio Rank
VNRT.L Omega Ratio Rank: 8282
Omega Ratio Rank
VNRT.L Calmar Ratio Rank: 7171
Calmar Ratio Rank
VNRT.L Martin Ratio Rank: 6969
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.

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

This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE North America UCITS ETF Distributing (VNRT.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.

VNRT.LBBDD.LDifference
Sharpe ratioReturn per unit of total volatility
2.62
2.69

-0.07

Sortino ratioReturn per unit of downside risk
3.50
3.60

-0.10

Omega ratioGain probability vs. loss probability

1.49

1.50

-0.01

Calmar ratioReturn relative to maximum drawdown

3.52

3.66

-0.14

Martin ratioReturn relative to average drawdown

12.56

12.78

-0.21

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

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

The current VNRT.L Sharpe Ratio is 2.62, which is comparable to the BBDD.L Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of VNRT.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.

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Sharpe Ratios by Period

VNRT.LBBDD.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.62

2.69

-0.07

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.98

1.00

-0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.00

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.96

0.96

0.00

Drawdowns

VNRT.L vs. BBDD.L - Drawdown Comparison

The maximum VNRT.L drawdown since its inception was -26.17%, roughly equal to the maximum BBDD.L drawdown of -25.72%. Use the drawdown chart below to compare losses from any high point for VNRT.L and BBDD.L.

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Drawdown Indicators

VNRT.LBBDD.LDifference

Max Drawdown

Largest peak-to-trough decline

-26.17%

-25.72%

-0.45%

Max Drawdown (1Y)

Largest decline over 1 year

-7.77%

-7.78%

+0.01%

Max Drawdown (3Y)

Largest decline over 3 years

-21.38%

-21.41%

+0.03%

Max Drawdown (5Y)

Largest decline over 5 years

-21.38%

-21.41%

+0.03%

Max Drawdown (10Y)

Largest decline over 10 years

-26.17%

—

—

Current Drawdown

Current decline from peak

-0.15%

-0.16%

+0.01%

Average Drawdown

Average peak-to-trough decline

-3.58%

-3.72%

+0.14%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.18%

2.23%

-0.05%

Volatility

VNRT.L vs. BBDD.L - Volatility Comparison

Vanguard FTSE North America UCITS ETF Distributing (VNRT.L) and JPMorgan BetaBuilders US Equity UCITS ETF (Dist) (BBDD.L) have volatilities of 2.57% 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.

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Volatility by Period

VNRT.LBBDD.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.57%

2.63%

-0.06%

Volatility (6M)

Calculated over the trailing 6-month period

7.12%

7.24%

-0.12%

Volatility (1Y)

Calculated over the trailing 1-year period

10.43%

10.57%

-0.14%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.36%

14.47%

-0.11%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.55%

16.17%

-0.62%

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

VNRT.L has a 0.10% 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

VNRT.L vs. BBDD.L - Dividend Comparison

VNRT.L has not paid dividends to shareholders, while BBDD.L's dividend yield for the trailing twelve months is around 0.99%.

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%
VNRT.L
Vanguard FTSE North America UCITS ETF Distributing		0.00%0.00%0.49%1.24%1.41%1.02%1.43%1.48%1.76%1.61%1.51%1.68%

Frequently Asked Questions

With a correlation of 0.99, VNRT.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 0.10% for VNRT.L.

Both ETFs track Russell 1000 TR USD. They also come from different issuers: Vanguard and JPMorgan. Their fees differ too: 0.10% for VNRT.L and 0.05% for BBDD.L.

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