J.P. Morgan Exchange - Traded Fund Trust… (BBLB) Performance
BBLB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −3.5% since Dec 31, 2025
- 1 year
- −6.8% total return
- 3 years
- +3.3% a year
- Since first price
- −2.9% a year since 2023
BBLB trailing returns vs AGG, TLT, SPY
| Period | BBLB total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +1.5% | +1.1% | +0.9% | +1.5% | −1.0% |
| 3 months | −1.0% | −2.4% | −0.4% | −1.0% | +3.2% |
| 6 months | −3.9% | −6.4% | −1.5% | −3.8% | +7.8% |
| YTD | −3.5% | −6.8% | −1.0% | −3.4% | +12.3% |
| 1 year | −6.8% | −11.2% | −1.1% | −6.9% | +14.4% |
| 3 years | +10.1%+3.3%/yr | −4.8% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| Since inceptionApr 20, 2023 | −9.9%−2.9%/yr | −23.5% | — | — | — |
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: BBLB vs AGG
From Apr 20, 2023: BBLB grew to $9,006, AGG to $11,013.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BBLB returns by calendar year
1 of 2 full years positive. Best 2025 (+4.3%), worst 2024 (−7.8%). 2026 is year to date.
BBLB annual returns table
| Year | BBLB | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −3.5% | −12.4% | −1.0% | −3.4% | +12.3% |
| 2025 | +4.3% | −9.3% | +7.2% | +4.3% | +17.7% |
| 2024 | −7.8% | −12.8% | +1.3% | −8.1% | +24.9% |
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.
BBLB largest drawdowns
Now 11.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 25, 2023 | −21.1% | Oct 19, 2023 | Sep 16, 2024 | 6 months | 1.4 years |
| Sep 16, 2024 | −16.4% | Oct 7, 2026 | not yet | 2.1 years | 2.1 years so far |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
BBLB risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | −0.0% | −4.8% |
| Volatility (annualized) | 13.3% | 13.4% |
| Sharpe ratio | -0.27 | -0.64 |
| Sortino ratio | -0.37 | -0.81 |
| Best month | +9.7% | +9.7% |
| Worst month | −6.5% | −7.9% |
| Best 12 months | +15.1% | +15.1% |
| Worst 12 months | −8.8% | −14.0% |
| Positive months | 58% | 54% |
| Beta vs S&P 500 | 0.50 | — |
| Correlation with S&P 500 | 0.47 | — |
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.
BBLB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 31 | −14.0% | +0.0% | +15.1% | 52% |
| 3-year (a year) | 7 | −3.1% | −1.5% | +3.4% | 14% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
BBLB performance overview
J.P. Morgan Exchange - Traded Fund Trust… (BBLB) returned −6.8% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned −2.9% a year, turning $10,000 into about $9,006. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −21.1%, from Apr 25, 2023 to Oct 19, 2023, and it took 11 months to get back to the old high. Volatility has been 13.4% a year.
Related: BBLB chart, BBLB dividends, BBLB bond profile. See the BBLB overview for the latest quote and fund facts.
BBLB performance FAQ
What is the BBLB return over the past year?
BBLB returned −6.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 11.2%.
How much would $10,000 invested in BBLB be worth?
$10,000 invested in BBLB at its first recorded close on April 20, 2023 would be worth about $9,006 on October 23, 2026 with distributions reinvested.
What was the worst year for BBLB?
The worst calendar year was 2024, with a total return of −7.8%. The best was 2025 at +4.3%.
What is the biggest drawdown of BBLB?
The largest peak-to-trough decline was −21.1% between April 25, 2023 and October 19, 2023. It recovered to the old high on September 16, 2024, 11 months after the bottom.
How volatile is BBLB?
Over the past 3 years BBLB had an annualized volatility of 13.3% and a Sharpe ratio of -0.27 (excess return over 1–3 month T-bills per unit of risk).