WTBN vs. BBAG

Last updated Jun 4, 2026

WTBN (WisdomTree Bianco Total Return Fund) and BBAG (JPMorgan BetaBuilders U.S. Aggregate Bond ETF) are both Intermediate Core Bond funds - WTBN tracks the Bianco Research Fixed Income Total Return Index while BBAG tracks the Bloomberg US Aggregate Bond Index. Both are passively managed. Over the past year, WTBN returned 4.29% vs 5.12% for BBAG. Their correlation of 0.90 suggests significant overlap in exposure. WTBN charges 0.59%/yr vs 0.03%/yr for BBAG.

Performance

WTBN vs. BBAG - Performance Comparison

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

Returns By Period

In the year-to-date period, WTBN achieves a -0.10% return, which is significantly lower than BBAG's 0.17% return.

WTBN

• 1D: -0.24%
• 1M: 0.26%
• YTD: -0.10%
• 6M: -0.24%
• 1Y: 4.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BBAG

• 1D: -0.23%
• 1M: 0.21%
• YTD: 0.17%
• 6M: 0.02%
• 1Y: 5.12%
• 3Y*: 3.86%
• 5Y*: -0.01%
• 10Y*: —

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

WTBN vs. BBAG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
WTBN WisdomTree Bianco Total Return Fund	-0.10%	6.90%	2.26%	0.03%
BBAG JPMorgan BetaBuilders U.S. Aggregate Bond ETF	0.17%	7.27%	1.26%	0.26%

Correlation

The correlation between WTBN and BBAG is 0.92, 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	0.92
Correlation (All Time) Calculated using the full available price history since Dec 21, 2023	0.90

The correlation between WTBN and BBAG has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.

Return for Risk

WTBN vs. BBAG — Risk / Return Rank

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

WTBN

WTBN Risk / Return Rank: 32
WTBN Sharpe Ratio Rank: 33
WTBN Sortino Ratio Rank: 33
WTBN Omega Ratio Rank: 31
WTBN Calmar Ratio Rank: 31
WTBN Martin Ratio Rank: 32

BBAG

BBAG Risk / Return Rank: 37
BBAG Sharpe Ratio Rank: 37
BBAG Sortino Ratio Rank: 38
BBAG Omega Ratio Rank: 35
BBAG Calmar Ratio Rank: 38
BBAG Martin Ratio Rank: 36

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.

WTBN vs. BBAG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Bianco Total Return Fund (WTBN) 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.

	WTBN	BBAG	Difference
Sharpe ratio: Return per unit of total volatility	1.18	1.31	-0.14
Sortino ratio: Return per unit of downside risk	1.73	1.96	-0.24
Omega ratio: Gain probability vs. loss probability	1.20	1.23	-0.03
Calmar ratio: Return relative to maximum drawdown	1.51	1.85	-0.34
Martin ratio: Return relative to average drawdown	4.71	5.54	-0.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTBN vs. BBAG - Sharpe Ratio Comparison

The current WTBN Sharpe Ratio is 1.18, which is comparable to the BBAG Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of WTBN and BBAG, 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

	WTBN	BBAG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.18	1.31	-0.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.00	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	0.32	+0.50

Drawdowns

WTBN vs. BBAG - Drawdown Comparison

The maximum WTBN drawdown since its inception was -4.08%, smaller than the maximum BBAG drawdown of -18.73%. Use the drawdown chart below to compare losses from any high point for WTBN and BBAG.

Drawdown Indicators

	WTBN	BBAG	Difference
Max Drawdown Largest peak-to-trough decline	-4.08%	-18.73%	+14.65%
Max Drawdown (1Y) Largest decline over 1 year	-2.86%	-2.78%	-0.08%
Max Drawdown (3Y) Largest decline over 3 years	—	-6.18%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.06%	—
Current Drawdown Current decline from peak	-1.59%	-2.84%	+1.25%
Average Drawdown Average peak-to-trough decline	-1.14%	-6.22%	+5.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.91%	0.93%	-0.02%

Volatility

WTBN vs. BBAG - Volatility Comparison

WisdomTree Bianco Total Return Fund (WTBN) has a higher volatility of 1.37% compared to JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BBAG) at 1.24%. This indicates that WTBN's price experiences larger fluctuations and is considered to be riskier than BBAG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTBN	BBAG	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.37%	1.24%	+0.13%
Volatility (6M) Calculated over the trailing 6-month period	2.62%	2.82%	-0.20%
Volatility (1Y) Calculated over the trailing 1-year period	3.66%	3.92%	-0.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.53%	5.93%	-1.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.53%	5.80%	-1.27%

WTBN vs. BBAG - Expense Ratio Comparison

WTBN has a 0.59% expense ratio, which is higher than BBAG's 0.03% expense ratio.

Dividends

WTBN vs. BBAG - Dividend Comparison

WTBN's dividend yield for the trailing twelve months is around 3.98%, less than BBAG's 4.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BBAG JPMorgan BetaBuilders U.S. Aggregate Bond ETF	4.37%	4.29%	4.25%	3.60%	2.23%	1.44%	2.26%	2.92%	0.16%
WTBN WisdomTree Bianco Total Return Fund	3.98%	4.13%	3.47%	0.03%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WTBN and BBAG in my portfolio?

With a correlation of 0.92, WTBN and BBAG 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, WTBN or BBAG?

WTBN has higher volatility (1.37%) compared to BBAG (1.24%). In terms of maximum drawdown, WTBN dropped -4.08% vs BBAG's -18.73%.

Which ETF is better, WTBN or BBAG?

On 1-year performance, BBAG leads with 5.12% vs 4.29% for WTBN. On fees, BBAG is cheaper at 0.03% per year. On volatility, BBAG has been the lower-risk option at 1.24%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTBN or BBAG?

Over the 1-year period, BBAG has performed better with a 5.12% return vs 4.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTBN or BBAG?

BBAG is cheaper with a 0.03% expense ratio, compared with 0.59% for WTBN.

Which ETF pays a higher dividend yield, WTBN or BBAG?

BBAG has the higher dividend yield at 4.37%, compared with 3.98% for WTBN.

What is the main difference between WTBN and BBAG?

WTBN tracks Bianco Research Fixed Income Total Return Index, while BBAG tracks Bloomberg US Aggregate Bond Index. They also come from different issuers: WisdomTree and JPMorgan. Their fees differ too: 0.59% for WTBN and 0.03% for BBAG.

Which has better risk-adjusted returns?

BBAG currently has the higher Sharpe Ratio (1.31 vs 1.18), 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.