WOOPX vs. BBSC

Last updated Jun 24, 2026

WOOPX (JPMorgan SMID Cap Equity Fund) and BBSC (JPMorgan BetaBuilders U.S. Small Cap Equity ETF) are both funds - WOOPX is a Mid Cap Blend Equities fund managed by JPMorgan, while BBSC is a Small Cap Blend Equities fund tracking the Morningstar US Small Cap Target Market Exposure Extended Index. Over the past 5 years, WOOPX returned 3.75%/yr vs 6.82%/yr for BBSC. Their correlation of 0.91 suggests significant overlap in exposure. WOOPX charges 0.84%/yr vs 0.09%/yr for BBSC.

Performance

WOOPX vs. BBSC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan SMID Cap Equity Fund (WOOPX) and JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WOOPX achieves a 9.95% return, which is significantly lower than BBSC's 19.47% return.

WOOPX

• 1D: -0.05%
• 1M: 2.73%
• YTD: 9.95%
• 6M: 8.27%
• 1Y: 10.25%
• 3Y*: 9.31%
• 5Y*: 3.75%
• 10Y*: 7.95%

BBSC

• 1D: -0.56%
• 1M: 3.89%
• YTD: 19.47%
• 6M: 16.87%
• 1Y: 39.05%
• 3Y*: 19.15%
• 5Y*: 6.82%
• 10Y*: —

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

WOOPX vs. BBSC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
WOOPX JPMorgan SMID Cap Equity Fund	9.95%	-2.61%	11.33%	13.31%	-18.98%	23.19%	4.92%
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF	19.47%	10.38%	12.31%	20.07%	-19.75%	15.44%	11.94%

Correlation

The correlation between WOOPX and BBSC is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (All Time) Calculated using the full available price history since Nov 17, 2020	0.91

The correlation between WOOPX and BBSC has been stable across timeframes, ranging from 0.89 to 0.92 - a consistent structural relationship.

Return for Risk

WOOPX vs. BBSC — Risk / Return Rank

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

WOOPX

WOOPX Risk / Return Rank: 10
WOOPX Sharpe Ratio Rank: 9
WOOPX Sortino Ratio Rank: 10
WOOPX Omega Ratio Rank: 9
WOOPX Calmar Ratio Rank: 12
WOOPX Martin Ratio Rank: 10

BBSC

BBSC Risk / Return Rank: 70
BBSC Sharpe Ratio Rank: 67
BBSC Sortino Ratio Rank: 67
BBSC Omega Ratio Rank: 59
BBSC Calmar Ratio Rank: 83
BBSC Martin Ratio Rank: 76

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.

WOOPX vs. BBSC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan SMID Cap Equity Fund (WOOPX) and JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	WOOPX	BBSC	Difference
Sharpe ratio: Return per unit of total volatility	0.72	2.03	-1.30
Sortino ratio: Return per unit of downside risk	1.17	2.85	-1.68
Omega ratio: Gain probability vs. loss probability	1.13	1.34	-0.20
Calmar ratio: Return relative to maximum drawdown	1.04	4.11	-3.08
Martin ratio: Return relative to average drawdown	2.68	13.44	-10.76

WOOPX vs. BBSC - Sharpe Ratio Comparison

The current WOOPX Sharpe Ratio is 0.72, which is lower than the BBSC Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of WOOPX and BBSC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WOOPX vs. BBSC - Drawdown Comparison

The maximum WOOPX drawdown since its inception was -58.15%, which is greater than BBSC's maximum drawdown of -30.96%. Use the drawdown chart below to compare losses from any high point for WOOPX and BBSC.

Drawdown Indicators

	WOOPX	BBSC	Difference
Max Drawdown Largest peak-to-trough decline	-58.15%	-30.96%	-27.19%
Max Drawdown (1Y) Largest decline over 1 year	-11.37%	-9.54%	-1.83%
Max Drawdown (3Y) Largest decline over 3 years	-23.37%	-29.32%	+5.95%
Max Drawdown (5Y) Largest decline over 5 years	-24.94%	-30.96%	+6.02%
Max Drawdown (10Y) Largest decline over 10 years	-41.30%	—	—
Current Drawdown Current decline from peak	-1.34%	-0.56%	-0.78%
Average Drawdown Average peak-to-trough decline	-8.20%	-11.39%	+3.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.39%	2.91%	+1.48%

Volatility

WOOPX vs. BBSC - Volatility Comparison

The current volatility for JPMorgan SMID Cap Equity Fund (WOOPX) is 4.87%, while JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC) has a volatility of 5.51%. This indicates that WOOPX experiences smaller price fluctuations and is considered to be less risky than BBSC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WOOPX	BBSC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.87%	5.51%	-0.64%
Volatility (6M) Calculated over the trailing 6-month period	12.04%	13.41%	-1.37%
Volatility (1Y) Calculated over the trailing 1-year period	16.36%	19.38%	-3.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.88%	22.97%	-4.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.21%	22.84%	-2.63%

WOOPX vs. BBSC - Expense Ratio Comparison

WOOPX has a 0.84% expense ratio, which is higher than BBSC's 0.09% expense ratio.

Dividends

WOOPX vs. BBSC - Dividend Comparison

WOOPX's dividend yield for the trailing twelve months is around 6.35%, more than BBSC's 1.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF	1.00%	1.13%	1.29%	1.58%	1.37%	1.06%	0.18%	0.00%	0.00%	0.00%	0.00%	0.00%
WOOPX JPMorgan SMID Cap Equity Fund	6.35%	6.98%	1.62%	0.49%	12.28%	20.40%	3.88%	11.31%	26.09%	7.74%	0.72%	9.47%

Frequently Asked Questions

Can I hold both WOOPX and BBSC in my portfolio?

WOOPX and BBSC have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WOOPX or BBSC?

BBSC has higher volatility (5.51%) compared to WOOPX (4.87%). In terms of maximum drawdown, WOOPX dropped -58.15% vs BBSC's -30.96%.

Which has better risk-adjusted returns?

BBSC currently has the higher Sharpe Ratio (2.03 vs 0.72), 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.