VV vs. BBUS

Last updated Jun 4, 2026

VV (Vanguard Large-Cap ETF) and BBUS (JP Morgan Betabuilders U.S. Equity ETF) are both Large Cap Growth Equities funds - VV tracks the CRSP US Large Cap Index while BBUS tracks the Morningstar US Target Market Exposure Index. Both are passively managed. Over the past 5 years, VV returned 13.54%/yr vs 13.43%/yr for BBUS. With a 0.99 correlation, they move nearly in lockstep. VV charges 0.04%/yr vs 0.02%/yr for BBUS.

Performance

VV vs. BBUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Large-Cap ETF (VV) and JP Morgan Betabuilders U.S. Equity ETF (BBUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with VV having a 10.69% return and BBUS slightly lower at 10.60%.

VV

• 1D: -0.72%
• 1M: 5.19%
• YTD: 10.69%
• 6M: 10.54%
• 1Y: 27.77%
• 3Y*: 22.68%
• 5Y*: 13.54%
• 10Y*: 15.58%

BBUS

• 1D: -0.74%
• 1M: 5.12%
• YTD: 10.60%
• 6M: 10.47%
• 1Y: 27.47%
• 3Y*: 22.46%
• 5Y*: 13.43%
• 10Y*: —

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

VV vs. BBUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
VV Vanguard Large-Cap ETF	10.69%	18.11%	25.25%	27.18%	-19.91%	27.41%	21.04%	16.51%
BBUS JP Morgan Betabuilders U.S. Equity ETF	10.60%	17.77%	24.89%	27.20%	-19.46%	27.13%	20.69%	16.53%

Correlation

The correlation between VV and BBUS is 1.00 - 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	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (All Time) Calculated using the full available price history since Mar 14, 2019	0.99

The correlation between VV and BBUS has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.

VV vs. BBUS - Sectors Allocation Comparison

Sectors	VV	BBUS
Technology	35.9%	37.1%
Financial Services	11.8%	10.8%
Communication Services	11.2%	10.8%
Consumer Cyclical	9.8%	9.4%
Healthcare	8.6%	8.1%
Industrials	8.0%	7.2%
Consumer Defensive	4.8%	4.5%
Energy	3.6%	3.2%
Utilities	2.7%	2.6%
Real Estate	1.7%	1.7%
Basic Materials	1.6%	1.2%

Return for Risk

VV vs. BBUS — Risk / Return Rank

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

VV

VV Risk / Return Rank: 67
VV Sharpe Ratio Rank: 69
VV Sortino Ratio Rank: 68
VV Omega Ratio Rank: 68
VV Calmar Ratio Rank: 60
VV Martin Ratio Rank: 72

BBUS

BBUS Risk / Return Rank: 68
BBUS Sharpe Ratio Rank: 70
BBUS Sortino Ratio Rank: 68
BBUS Omega Ratio Rank: 68
BBUS Calmar Ratio Rank: 60
BBUS Martin Ratio Rank: 72

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.

VV vs. BBUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Large-Cap ETF (VV) and JP Morgan Betabuilders U.S. Equity ETF (BBUS). 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.

	VV	BBUS	Difference
Sharpe ratio: Return per unit of total volatility	2.33	2.33	0.00
Sortino ratio: Return per unit of downside risk	3.18	3.18	+0.01
Omega ratio: Gain probability vs. loss probability	1.42	1.42	0.00
Calmar ratio: Return relative to maximum drawdown	3.03	3.00	+0.03
Martin ratio: Return relative to average drawdown	13.86	13.76	+0.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VV vs. BBUS - Sharpe Ratio Comparison

The current VV Sharpe Ratio is 2.33, which is comparable to the BBUS Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of VV and BBUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VV	BBUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.33	2.33	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.79	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.86	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.84	-0.24

Drawdowns

VV vs. BBUS - Drawdown Comparison

The maximum VV drawdown since its inception was -54.81%, which is greater than BBUS's maximum drawdown of -35.35%. Use the drawdown chart below to compare losses from any high point for VV and BBUS.

Drawdown Indicators

	VV	BBUS	Difference
Max Drawdown Largest peak-to-trough decline	-54.81%	-35.35%	-19.46%
Max Drawdown (1Y) Largest decline over 1 year	-9.21%	-9.21%	0.00%
Max Drawdown (3Y) Largest decline over 3 years	-18.97%	-19.01%	+0.04%
Max Drawdown (5Y) Largest decline over 5 years	-25.66%	-25.46%	-0.20%
Max Drawdown (10Y) Largest decline over 10 years	-34.28%	—	—
Current Drawdown Current decline from peak	-0.72%	-0.74%	+0.02%
Average Drawdown Average peak-to-trough decline	-6.84%	-5.46%	-1.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	2.00%	+0.01%

Volatility

VV vs. BBUS - Volatility Comparison

Vanguard Large-Cap ETF (VV) and JP Morgan Betabuilders U.S. Equity ETF (BBUS) have volatilities of 2.84% and 2.88%, 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.

Volatility by Period

	VV	BBUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.84%	2.88%	-0.04%
Volatility (6M) Calculated over the trailing 6-month period	8.98%	8.96%	+0.02%
Volatility (1Y) Calculated over the trailing 1-year period	11.99%	11.87%	+0.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.22%	17.03%	+0.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.19%	19.59%	-1.40%

VV vs. BBUS - Expense Ratio Comparison

VV has a 0.04% expense ratio, which is higher than BBUS's 0.02% 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

VV vs. BBUS - Dividend Comparison

VV's dividend yield for the trailing twelve months is around 0.98%, which matches BBUS's 0.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBUS JP Morgan Betabuilders U.S. Equity ETF	0.98%	1.07%	1.21%	1.38%	1.57%	1.11%	1.43%	1.37%	0.00%	0.00%	0.00%	0.00%
VV Vanguard Large-Cap ETF	0.98%	1.08%	1.24%	1.41%	1.66%	1.19%	1.46%	1.81%	2.09%	1.75%	1.98%	1.96%

Frequently Asked Questions

Can I hold both VV and BBUS in my portfolio?

With a correlation of 1.00, VV and BBUS 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 is riskier, VV or BBUS?

BBUS has higher volatility (2.88%) compared to VV (2.84%). In terms of maximum drawdown, VV dropped -54.81% vs BBUS's -35.35%.

Which ETF is better, VV or BBUS?

On 5-year performance, VV leads with 13.54% vs 13.43% for BBUS. On fees, BBUS is cheaper at 0.02% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VV or BBUS?

Over the 5-year period, VV has performed better with a 13.54% return vs 13.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VV or BBUS?

BBUS is cheaper with a 0.02% expense ratio, compared with 0.04% for VV.

Which ETF pays a higher dividend yield, VV or BBUS?

VV and BBUS have nearly identical dividend yields, around 0.98%.

What is the main difference between VV and BBUS?

VV tracks CRSP US Large Cap Index, while BBUS tracks Morningstar US Target Market Exposure Index. They also come from different issuers: Vanguard and JPMorgan. Their fees differ too: 0.04% for VV and 0.02% for BBUS.

Which has better risk-adjusted returns?

VV currently has the higher Sharpe Ratio (2.33 vs 2.33), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.