WAR vs. BBSB

Last updated Jun 4, 2026

WAR (U.S. Global Technology and Aerospace & Defense ETF) and BBSB (JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF) are both exchange-traded funds - WAR is a Aerospace & Defense fund actively managed by US Global, while BBSB is a Government Bonds fund tracking the ICE U.S. Treasury 1-3 Year Bond Index. WAR is actively managed, while BBSB is passively managed. At a 0.26 correlation, their price movements are largely independent. WAR charges 0.60%/yr vs 0.04%/yr for BBSB.

Performance

WAR vs. BBSB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in U.S. Global Technology and Aerospace & Defense ETF (WAR) and JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF (BBSB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WAR

• 1D: -1.92%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BBSB

• 1D: -0.05%
• 1M: 0.10%
• YTD: 0.47%
• 6M: 0.74%
• 1Y: 3.43%
• 3Y*: 4.15%
• 5Y*: —
• 10Y*: —

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

WAR vs. BBSB - Yearly Performance Comparison

	2026 (YTD)
WAR U.S. Global Technology and Aerospace & Defense ETF	2.67%
BBSB JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF	0.03%

Correlation

The correlation between WAR and BBSB is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 27, 2026	0.26

WAR vs. BBSB - Sectors Allocation Comparison

Sectors	WAR	BBSB
Technology	63.8%	-
Industrials	31.1%	-
Communication Services	2.0%	99.7%
Financial Services	0.5%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

WAR vs. BBSB — Risk / Return Rank

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

BBSB

BBSB Risk / Return Rank: 85
BBSB Sharpe Ratio Rank: 83
BBSB Sortino Ratio Rank: 93
BBSB Omega Ratio Rank: 89
BBSB Calmar Ratio Rank: 79
BBSB Martin Ratio Rank: 82

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.

WAR vs. BBSB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for U.S. Global Technology and Aerospace & Defense ETF (WAR) and JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF (BBSB). 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

	WAR	BBSB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	5.18	2.35	+2.83

Drawdowns

WAR vs. BBSB - Drawdown Comparison

The maximum WAR drawdown since its inception was -1.92%, which is greater than BBSB's maximum drawdown of -1.57%. Use the drawdown chart below to compare losses from any high point for WAR and BBSB.

Drawdown Indicators

	WAR	BBSB	Difference
Max Drawdown Largest peak-to-trough decline	-1.92%	-1.57%	-0.35%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.86%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.96%	—
Current Drawdown Current decline from peak	-1.92%	-0.25%	-1.67%
Average Drawdown Average peak-to-trough decline	-0.88%	-0.31%	-0.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.21%	—

Volatility

Volatility by Period

	WAR	BBSB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.36%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.85%	—
Volatility (1Y) Calculated over the trailing 1-year period	42.90%	1.27%	+41.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.90%	1.66%	+41.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.90%	1.66%	+41.24%

WAR vs. BBSB - Expense Ratio Comparison

WAR has a 0.60% expense ratio, which is higher than BBSB's 0.04% expense ratio.

Dividends

WAR vs. BBSB - Dividend Comparison

WAR has not paid dividends to shareholders, while BBSB's dividend yield for the trailing twelve months is around 3.81%.

Position	TTM	2025	2024	2023
BBSB JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF	3.81%	3.69%	4.84%	3.50%
WAR U.S. Global Technology and Aerospace & Defense ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WAR and BBSB in my portfolio?

WAR and BBSB have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WAR or BBSB?

On fees, BBSB is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WAR or BBSB?

BBSB is cheaper with a 0.04% expense ratio, compared with 0.60% for WAR.

Which ETF pays a higher dividend yield, WAR or BBSB?

BBSB has the higher dividend yield at 3.81%, compared with 0.00% for WAR.

What is the main difference between WAR and BBSB?

WAR is categorized as Aerospace & Defense, while BBSB is Government Bonds. They also come from different issuers: US Global and JPMorgan. Their fees differ too: 0.60% for WAR and 0.04% for BBSB.