XUEK.L vs. BBSU.L

Last updated Jun 5, 2026

XUEK.L (Xtrackers S&P Europe ex UK UCITS ETF) and BBSU.L (JPMorgan BetaBuilders US Equity UCITS ETF (Acc)) are both exchange-traded funds - XUEK.L is a Europe Equities fund tracking the MSCI Europe Ex UK NR EUR, while BBSU.L is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD. Both are passively managed. Over the past 5 years, XUEK.L returned 6.75%/yr vs 14.50%/yr for BBSU.L. A 0.68 correlation means they provide meaningful diversification when combined. XUEK.L charges 0.09%/yr vs 0.05%/yr for BBSU.L.

Performance

XUEK.L vs. BBSU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers S&P Europe ex UK UCITS ETF (XUEK.L) and JPMorgan BetaBuilders US Equity UCITS ETF (Acc) (BBSU.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XUEK.L achieves a 5.66% return, which is significantly lower than BBSU.L's 10.31% return.

XUEK.L

• 1D: 0.80%
• 1M: 3.49%
• YTD: 5.66%
• 6M: 7.69%
• 1Y: 15.69%
• 3Y*: 11.05%
• 5Y*: 6.75%
• 10Y*: —

BBSU.L

• 1D: 0.07%
• 1M: 5.58%
• YTD: 10.31%
• 6M: 10.11%
• 1Y: 28.62%
• 3Y*: 19.09%
• 5Y*: 14.50%
• 10Y*: —

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

XUEK.L vs. BBSU.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
XUEK.L Xtrackers S&P Europe ex UK UCITS ETF	5.66%	23.26%	0.43%	12.46%	-11.69%	15.48%	4.79%	9.93%
BBSU.L JPMorgan BetaBuilders US Equity UCITS ETF (Acc)	10.31%	9.39%	27.19%	20.71%	-10.46%	29.25%	16.07%	11.91%

Correlation

The correlation between XUEK.L and BBSU.L is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (All Time) Calculated using the full available price history since Apr 11, 2019	0.68

The correlation between XUEK.L and BBSU.L shifts across timeframes, from 0.52 (3 years) to 0.68 (all time), reflecting how their relationship changes across market environments.

XUEK.L vs. BBSU.L - Sectors Allocation Comparison

Sectors	XUEK.L	BBSU.L
Financial Services	23.5%	11.8%
Industrials	21.2%	8.4%
Healthcare	13.0%	8.6%
Technology	10.9%	35.4%
Consumer Cyclical	7.1%	10.1%
Consumer Defensive	7.0%	4.8%
Utilities	4.9%	2.3%
Basic Materials	4.5%	1.7%
Energy	3.8%	3.6%
Communication Services	3.6%	11.5%
Real Estate	0.6%	1.8%

Return for Risk

XUEK.L vs. BBSU.L — Risk / Return Rank

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

XUEK.L

XUEK.L Risk / Return Rank: 33
XUEK.L Sharpe Ratio Rank: 34
XUEK.L Sortino Ratio Rank: 33
XUEK.L Omega Ratio Rank: 34
XUEK.L Calmar Ratio Rank: 30
XUEK.L Martin Ratio Rank: 34

BBSU.L

BBSU.L Risk / Return Rank: 79
BBSU.L Sharpe Ratio Rank: 84
BBSU.L Sortino Ratio Rank: 82
BBSU.L Omega Ratio Rank: 85
BBSU.L Calmar Ratio Rank: 74
BBSU.L Martin Ratio Rank: 69

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.

XUEK.L vs. BBSU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P Europe ex UK UCITS ETF (XUEK.L) and JPMorgan BetaBuilders US Equity UCITS ETF (Acc) (BBSU.L). 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.

	XUEK.L	BBSU.L	Difference
Sharpe ratio: Return per unit of total volatility	1.20	2.70	-1.51
Sortino ratio: Return per unit of downside risk	1.72	3.60	-1.88
Omega ratio: Gain probability vs. loss probability	1.22	1.50	-0.28
Calmar ratio: Return relative to maximum drawdown	1.44	3.65	-2.22
Martin ratio: Return relative to average drawdown	4.99	12.74	-7.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XUEK.L vs. BBSU.L - Sharpe Ratio Comparison

The current XUEK.L Sharpe Ratio is 1.20, which is lower than the BBSU.L Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of XUEK.L and BBSU.L, 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

	XUEK.L	BBSU.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.20	2.70	-1.51
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	1.00	-0.55
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.96	-0.42

Drawdowns

XUEK.L vs. BBSU.L - Drawdown Comparison

The maximum XUEK.L drawdown since its inception was -27.36%, which is greater than BBSU.L's maximum drawdown of -25.80%. Use the drawdown chart below to compare losses from any high point for XUEK.L and BBSU.L.

Drawdown Indicators

	XUEK.L	BBSU.L	Difference
Max Drawdown Largest peak-to-trough decline	-27.36%	-25.80%	-1.56%
Max Drawdown (1Y) Largest decline over 1 year	-10.88%	-7.80%	-3.08%
Max Drawdown (3Y) Largest decline over 3 years	-13.04%	-21.42%	+8.38%
Max Drawdown (5Y) Largest decline over 5 years	-23.76%	-21.42%	-2.34%
Current Drawdown Current decline from peak	-1.01%	-0.17%	-0.84%
Average Drawdown Average peak-to-trough decline	-5.45%	-3.72%	-1.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.14%	2.24%	+0.90%

Volatility

XUEK.L vs. BBSU.L - Volatility Comparison

Xtrackers S&P Europe ex UK UCITS ETF (XUEK.L) has a higher volatility of 3.83% compared to JPMorgan BetaBuilders US Equity UCITS ETF (Acc) (BBSU.L) at 2.64%. This indicates that XUEK.L's price experiences larger fluctuations and is considered to be riskier than BBSU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XUEK.L	BBSU.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.83%	2.64%	+1.19%
Volatility (6M) Calculated over the trailing 6-month period	10.56%	7.21%	+3.35%
Volatility (1Y) Calculated over the trailing 1-year period	13.08%	10.54%	+2.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.96%	14.45%	+0.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.37%	16.10%	+0.27%

XUEK.L vs. BBSU.L - Expense Ratio Comparison

XUEK.L has a 0.09% expense ratio, which is higher than BBSU.L's 0.05% 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

XUEK.L vs. BBSU.L - Dividend Comparison

XUEK.L's dividend yield for the trailing twelve months is around 0.02%, while BBSU.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
BBSU.L JPMorgan BetaBuilders US Equity UCITS ETF (Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XUEK.L Xtrackers S&P Europe ex UK UCITS ETF	0.02%	0.02%	0.03%	0.03%	0.05%	0.01%	0.03%

Frequently Asked Questions

Can I hold both XUEK.L and BBSU.L in my portfolio?

XUEK.L and BBSU.L have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XUEK.L or BBSU.L?

On fees, BBSU.L is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XUEK.L or BBSU.L?

BBSU.L is cheaper with a 0.05% expense ratio, compared with 0.09% for XUEK.L.

What is the main difference between XUEK.L and BBSU.L?

XUEK.L is categorized as Europe Equities, while BBSU.L is Large Cap Blend Equities. XUEK.L tracks MSCI Europe Ex UK NR EUR, while BBSU.L tracks Russell 1000 TR USD. They also come from different issuers: Xtrackers and JPMorgan. Their fees differ too: 0.09% for XUEK.L and 0.05% for BBSU.L.