VTG vs. BBAG

Last updated Apr 2, 2026

Compare and contrast key facts about Vanguard Total Treasury ETF (VTG) and JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BBAG).

VTG and BBAG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VTG is a passively managed fund by Vanguard that tracks the performance of the Bloomberg U.S. Treasury Total Return Unhedged USD Index. 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. Both VTG and BBAG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

VTG vs. BBAG - Performance Comparison

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

VTG vs. BBAG - Yearly Performance Comparison

	2026 (YTD)	2025
VTG Vanguard Total Treasury ETF	-0.02%	2.88%
BBAG JPMorgan BetaBuilders U.S. Aggregate Bond ETF	0.10%	3.51%

Returns By Period

In the year-to-date period, VTG achieves a -0.02% return, which is significantly lower than BBAG's 0.10% return.

VTG

• 1D: -0.09%
• 1M: -1.32%
• YTD: -0.02%
• 6M: 0.57%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BBAG

• 1D: -0.01%
• 1M: -1.36%
• YTD: 0.10%
• 6M: 0.81%
• 1Y: 4.21%
• 3Y*: 3.61%
• 5Y*: 0.14%
• 10Y*: —

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

VTG vs. BBAG - Expense Ratio Comparison

Both VTG and BBAG have an expense ratio of 0.03%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

VTG

Vanguard Total Treasury ETF

BBAG

JPMorgan BetaBuilders U.S. Aggregate Bond ETF

Return for Risk

VTG 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: 49
BBAG Sharpe Ratio Rank: 50
BBAG Sortino Ratio Rank: 46
BBAG Omega Ratio Rank: 40
BBAG Calmar Ratio Rank: 63
BBAG Martin Ratio Rank: 45

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.

VTG vs. BBAG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Total Treasury ETF (VTG) 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

	VTG	BBAG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.95	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.02	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.11	0.32	+0.78

Correlation

The correlation between VTG and BBAG is 0.93, 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

VTG vs. BBAG - Dividend Comparison

VTG's dividend yield for the trailing twelve months is around 2.61%, less than BBAG's 4.28% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
VTG Vanguard Total Treasury ETF	2.61%	1.65%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BBAG JPMorgan BetaBuilders U.S. Aggregate Bond ETF	4.28%	4.29%	4.25%	3.60%	2.23%	1.44%	2.26%	2.92%	0.16%

Drawdowns

VTG vs. BBAG - Drawdown Comparison

The maximum VTG drawdown since its inception was -2.35%, smaller than the maximum BBAG drawdown of -18.73%. Use the drawdown chart below to compare losses from any high point for VTG and BBAG.

Drawdown Indicators

	VTG	BBAG	Difference
Max Drawdown Largest peak-to-trough decline	-2.35%	-18.73%	+16.38%
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	-1.81%	-2.91%	+1.10%
Average Drawdown Average peak-to-trough decline	-0.49%	-6.30%	+5.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.97%	—

Volatility

Volatility by Period

	VTG	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	3.57%	4.47%	-0.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.57%	5.90%	-2.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.57%	5.84%	-2.27%