XB vs. BBHY
Compare and contrast key facts about BondBloxx B Rated USD High Yield Corporate Bond ETF (XB) and JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY).
XB and BBHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XB is a passively managed fund by BondBloxx that tracks the performance of the ICE BofA Single-B US Cash Pay High Yield Constrained Index. It was launched on May 24, 2022. BBHY is a passively managed fund by JPMorgan that tracks the performance of the ICE BofA US High Yield Index. It was launched on Sep 15, 2016. Both XB and BBHY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XB or BBHY.
Correlation
The correlation between XB and BBHY is 0.90, 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.
Performance
XB vs. BBHY - Performance Comparison
Key characteristics
XB:
2.11
BBHY:
2.34
XB:
3.17
BBHY:
3.41
XB:
1.40
BBHY:
1.44
XB:
3.84
BBHY:
4.36
XB:
12.92
BBHY:
16.37
XB:
0.70%
BBHY:
0.57%
XB:
4.33%
BBHY:
4.01%
XB:
-9.25%
BBHY:
-24.98%
XB:
-0.05%
BBHY:
-0.02%
Returns By Period
The year-to-date returns for both investments are quite close, with XB having a 1.71% return and BBHY slightly higher at 1.74%.
XB
1.71%
0.75%
3.50%
9.00%
N/A
N/A
BBHY
1.74%
0.78%
3.55%
9.50%
3.58%
N/A
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XB vs. BBHY - Expense Ratio Comparison
XB has a 0.30% expense ratio, which is higher than BBHY's 0.15% expense ratio.
Risk-Adjusted Performance
XB vs. BBHY — Risk-Adjusted Performance Rank
XB
BBHY
XB vs. BBHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BondBloxx B Rated USD High Yield Corporate Bond ETF (XB) and JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY). 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.
Dividends
XB vs. BBHY - Dividend Comparison
XB's dividend yield for the trailing twelve months is around 7.38%, more than BBHY's 7.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
XB BondBloxx B Rated USD High Yield Corporate Bond ETF | 7.38% | 7.74% | 7.87% | 5.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BBHY JPMorgan BetaBuilders USD High Yield Corporate Bond ETF | 7.14% | 7.18% | 6.49% | 5.92% | 4.06% | 4.73% | 5.00% | 5.02% | 4.81% | 1.42% |
Drawdowns
XB vs. BBHY - Drawdown Comparison
The maximum XB drawdown since its inception was -9.25%, smaller than the maximum BBHY drawdown of -24.98%. Use the drawdown chart below to compare losses from any high point for XB and BBHY. For additional features, visit the drawdowns tool.
Volatility
XB vs. BBHY - Volatility Comparison
BondBloxx B Rated USD High Yield Corporate Bond ETF (XB) has a higher volatility of 1.12% compared to JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) at 0.86%. This indicates that XB's price experiences larger fluctuations and is considered to be riskier than BBHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.