JPMorgan BetaBuilders USD High Yield… (BBHY) Performance
BBHY total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +0.1% since Dec 31, 2025
- 1 year
- +1.3% total return
- 5 years
- +3.5% a year
- 10 years
- +4.3% a year
- Since first price
- +4.5% a year since 2016
BBHY trailing returns vs AGG, TLT, SPY
| Period | BBHY total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −1.0% | −1.5% | +0.9% | +1.5% | −1.0% |
| 3 months | −1.4% | −3.0% | −0.4% | −1.0% | +3.2% |
| 6 months | −1.2% | −4.5% | −1.5% | −3.8% | +7.8% |
| YTD | +0.1% | −5.0% | −1.0% | −3.4% | +12.3% |
| 1 year | +1.3% | −5.5% | −1.1% | −6.9% | +14.4% |
| 3 years | +27.4%+8.4%/yr | +2.8% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +19.0%+3.5%/yr | −14.6% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| 10 years | +52.5%+4.3%/yr | −13.9% | +14.0%+1.3%/yr | −18.7%−2.0%/yr | +315.9%+15.3%/yr |
| Since inceptionSep 15, 2016 | +55.7%+4.5%/yr | −12.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BBHY vs AGG
From Sep 15, 2016: BBHY grew to $15,570, AGG to $11,436.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BBHY returns by calendar year
7 of 9 full years positive. Best 2019 (+14.3%), worst 2022 (−10.4%). 2026 is year to date.
BBHY annual returns table
| Year | BBHY | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +0.1% | −3.0% | −1.0% | −3.4% | +12.3% |
| 2025 | +8.5% | −5.0% | +7.2% | +4.3% | +17.7% |
| 2024 | +7.8% | −2.2% | +1.3% | −8.1% | +24.9% |
| 2023 | +12.0% | −4.8% | +5.7% | +2.8% | +26.2% |
| 2022 | −10.4% | −15.0% | −13.0% | −31.2% | −18.2% |
| 2021 | +3.9% | −2.3% | −1.8% | −4.6% | +28.7% |
| 2020 | +5.4% | −25.0% | +7.5% | +18.2% | +18.3% |
| 2019 | +14.3% | −1.5% | +8.5% | +14.1% | +31.2% |
| 2018 | −2.5% | −4.8% | +0.1% | −1.6% | −4.6% |
| 2017 | +6.6% | −2.0% | +3.6% | +9.2% | +21.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BBHY largest drawdowns
Now 2.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 20, 2020 | −25.0% | Mar 23, 2020 | Aug 4, 2020 | 32 days | 5 months |
| Dec 27, 2021 | −15.3% | Sep 27, 2022 | Dec 21, 2023 | 9 months | 2.0 years |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
BBHY risk statistics
| Statistic | 3 years | 5 years | 10 years |
|---|---|---|---|
| Annualized return | +7.8% | +3.4% | +4.6% |
| Volatility (annualized) | 4.7% | 7.8% | 7.8% |
| Sharpe ratio | 0.71 | 0.01 | 0.32 |
| Sortino ratio | 1.23 | 0.02 | 0.44 |
| Best month | +4.6% | +6.8% | +6.8% |
| Worst month | −2.7% | −7.0% | −12.5% |
| Best 12 months | +15.8% | +15.8% | +21.8% |
| Worst 12 months | +1.2% | −14.2% | −14.2% |
| Positive months | 75% | 63% | 66% |
| Beta vs S&P 500 | 0.28 | 0.41 | 0.40 |
| Correlation with S&P 500 | 0.73 | 0.82 | 0.78 |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BBHY rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 110 | −14.2% | +6.6% | +21.8% | 82% |
| 3-year (a year) | 86 | −1.7% | +4.5% | +10.9% | 94% |
| 5-year (a year) | 62 | +0.8% | +3.8% | +6.8% | 100% |
| 10-year (a year) | 2 | +4.4% | +4.5% | +4.6% | 100% |
Every holding period starting at a month-end since 2016. Returns for 3 years and longer are annualized.
BBHY performance overview
JPMorgan BetaBuilders USD High Yield… (BBHY) returned +1.3% over the past year and +4.3% a year over ten years, with distributions reinvested. Since its first recorded price in 2016 it has returned +4.5% a year, turning $10,000 into about $15,570. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −25.0%, from Feb 20, 2020 to Mar 23, 2020, and it took 4 months to get back to the old high. BBHY finished 7 of its 9 full calendar years with a gain; the best year was 2019 (+14.3%) and the worst 2022 (−10.4%). Volatility has been 7.8% a year.
Related: BBHY chart, BBHY dividends, BBHY bond profile. See the BBHY overview for the latest quote and fund facts.
BBHY performance FAQ
What is the BBHY return over the past year?
BBHY returned +1.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 5.5%.
What is the average annual return of BBHY?
BBHY has returned +3.5% a year over 5 years, +4.3% a year over 10 years, +4.5% a year since September 15, 2016 (total return, distributions reinvested).
How much would $10,000 invested in BBHY be worth?
$10,000 invested in BBHY at its first recorded close on September 15, 2016 would be worth about $15,570 on October 23, 2026 with distributions reinvested.
What was the worst year for BBHY?
The worst calendar year was 2022, with a total return of −10.4%. The best was 2019 at +14.3%.
What is the biggest drawdown of BBHY?
The largest peak-to-trough decline was −25.0% between February 20, 2020 and March 23, 2020. It recovered to the old high on August 4, 2020, 4 months after the bottom.
How volatile is BBHY?
Over the past 3 years BBHY had an annualized volatility of 4.7% and a Sharpe ratio of 0.71 (excess return over 1–3 month T-bills per unit of risk).