JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) Performance
BBMC total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +14.8% since Dec 31, 2025
- 1 year
- +16.8% total return
- 5 years
- +6.9% a year
- Since first price
- +16.4% a year since 2020
BBMC trailing returns vs SPY, QQQ, AGG
| Period | BBMC total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.6% | −0.6% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.5% | −1.8% | +3.2% | +1.9% | −0.4% |
| 6 months | +3.7% | +3.1% | +7.8% | +8.4% | −1.5% |
| YTD | +14.8% | +14.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +16.8% | +15.4% | +14.4% | +15.9% | −1.1% |
| 3 years | +77.5%+21.1%/yr | +70.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +39.3%+6.9%/yr | +30.3% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionApr 15, 2020 | +168.6%+16.4%/yr | +147.8% | — | — | — |
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: BBMC vs SPY
From Apr 15, 2020: BBMC grew to $26,855, SPY to $29,915.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BBMC returns by calendar year
4 of 5 full years positive. Best 2023 (+18.4%), worst 2022 (−19.8%). 2026 is year to date.
BBMC annual returns table
| Year | BBMC | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +14.8% | −9.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +12.2% | −22.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +15.2% | −8.7% | +24.9% | +25.6% | +1.3% |
| 2023 | +18.4% | −15.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −19.8% | −26.4% | −18.2% | −32.6% | −13.0% |
| 2021 | +17.6% | −10.2% | +28.7% | +27.4% | −1.8% |
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.
BBMC largest drawdowns
Now 6.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 8, 2021 | −30.1% | Jun 16, 2022 | Sep 19, 2024 | 7 months | 2.9 years |
| Nov 25, 2024 | −24.2% | Apr 8, 2025 | Aug 28, 2025 | 4 months | 9 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
BBMC risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +18.5% | +8.0% | +14.8% |
| Volatility (annualized) | 16.8% | 19.2% | 18.7% |
| Sharpe ratio | 0.84 | 0.31 | 0.68 |
| Sortino ratio | 1.44 | 0.48 | 1.15 |
| Best month | +10.7% | +11.1% | +15.6% |
| Worst month | −7.4% | −9.7% | −9.7% |
| Best 12 months | +36.5% | +36.5% | +67.3% |
| Worst 12 months | −1.2% | −21.7% | −21.7% |
| Positive months | 67% | 57% | 61% |
| Beta vs S&P 500 | 1.12 | 1.09 | — |
| Correlation with S&P 500 | 0.83 | 0.89 | — |
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.
BBMC rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 67 | −21.7% | +12.6% | +67.3% | 76% |
| 3-year (a year) | 43 | +0.2% | +8.7% | +21.1% | 100% |
| 5-year (a year) | 19 | +6.2% | +8.3% | +12.2% | 100% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
BBMC performance overview
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) returned +16.8% over the past year and +6.9% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +16.4% a year, turning $10,000 into about $26,855. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −30.1%, from Nov 8, 2021 to Jun 16, 2022, and it took 2.3 years to get back to the old high. BBMC finished 4 of its 5 full calendar years with a gain; the best year was 2023 (+18.4%) and the worst 2022 (−19.8%). Volatility has been 18.7% a year.
Related: BBMC chart, BBMC holdings, BBMC dividends, BBMC valuation. See the BBMC overview for the latest quote and fund facts.
BBMC performance FAQ
What is the BBMC return over the past year?
BBMC returned +16.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 15.4%.
What is the average annual return of BBMC?
BBMC has returned +6.9% a year over 5 years, +16.4% a year since April 15, 2020 (total return, distributions reinvested).
How much would $10,000 invested in BBMC be worth?
$10,000 invested in BBMC at its first recorded close on April 15, 2020 would be worth about $26,855 on October 23, 2026 with distributions reinvested.
What was the worst year for BBMC?
The worst calendar year was 2022, with a total return of −19.8%. The best was 2023 at +18.4%.
What is the biggest drawdown of BBMC?
The largest peak-to-trough decline was −30.1% between November 8, 2021 and June 16, 2022. It recovered to the old high on September 19, 2024, 2.3 years after the bottom.
How volatile is BBMC?
Over the past 3 years BBMC had an annualized volatility of 16.8% and a Sharpe ratio of 0.84 (excess return over 1–3 month T-bills per unit of risk).