JPMorgan BetaBuilders U.S. Equity ETF (BBUS) Performance
BBUS total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +12.0% since Dec 31, 2025
- 1 year
- +13.8% total return
- 5 years
- +12.0% a year
- Since first price
- +15.6% a year since 2019
BBUS trailing returns vs SPY, QQQ, AGG
| Period | BBUS total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −1.1% | −1.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.2% | +2.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.8% | +7.3% | +7.8% | +8.4% | −1.5% |
| YTD | +12.0% | +11.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +13.8% | +12.6% | +14.4% | +15.9% | −1.1% |
| 3 years | +87.7%+23.4%/yr | +81.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +75.9%+12.0%/yr | +64.7% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionMar 13, 2019 | +201.6%+15.6%/yr | +171.3% | — | — | — |
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: BBUS vs SPY
From Mar 13, 2019: BBUS grew to $30,160, SPY to $30,271.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BBUS returns by calendar year
5 of 6 full years positive. Best 2023 (+27.2%), worst 2022 (−19.5%). 2026 is year to date.
BBUS annual returns table
| Year | BBUS | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +12.0% | −9.2% | +12.3% | +15.1% | −1.0% |
| 2025 | +17.8% | −19.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +24.9% | −8.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +27.2% | −10.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −19.5% | −25.4% | −18.2% | −32.6% | −13.0% |
| 2021 | +27.1% | −5.3% | +28.7% | +27.4% | −1.8% |
| 2020 | +20.7% | −35.3% | +18.3% | +48.6% | +7.5% |
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.
BBUS largest drawdowns
Now 2.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 16, 2020 | −35.3% | Mar 23, 2020 | Aug 24, 2020 | 2 months | 7 months |
| Dec 29, 2021 | −25.5% | Oct 12, 2022 | Dec 13, 2023 | 9 months | 2.0 years |
| Feb 19, 2025 | −19.0% | Apr 8, 2025 | Jun 26, 2025 | 48 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
BBUS risk statistics
| Statistic | 3 years | 5 years | Since 2019 |
|---|---|---|---|
| Annualized return | +22.8% | +13.3% | +15.8% |
| Volatility (annualized) | 12.7% | 15.8% | 16.8% |
| Sharpe ratio | 1.36 | 0.65 | 0.81 |
| Sortino ratio | 2.81 | 1.03 | 1.29 |
| Best month | +10.6% | +10.6% | +13.0% |
| Worst month | −5.8% | −9.2% | −13.7% |
| Best 12 months | +38.3% | +38.3% | +59.3% |
| Worst 12 months | +8.2% | −19.5% | −19.5% |
| Positive months | 67% | 60% | 64% |
| Beta vs S&P 500 | 1.02 | 1.01 | — |
| Correlation with S&P 500 | 1.00 | 1.00 | — |
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.
BBUS rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 80 | −19.5% | +17.8% | +59.3% | 84% |
| 3-year (a year) | 56 | +7.3% | +12.2% | +25.0% | 100% |
| 5-year (a year) | 32 | +11.5% | +14.8% | +18.5% | 100% |
Every holding period starting at a month-end since 2019. Returns for 3 years and longer are annualized.
BBUS performance overview
JPMorgan BetaBuilders U.S. Equity ETF (BBUS) returned +13.8% over the past year and +12.0% a year over five years, with distributions reinvested. Since its first recorded price in 2019 it has returned +15.6% a year, turning $10,000 into about $30,160. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −35.3%, from Jan 16, 2020 to Mar 23, 2020, and it took 5 months to get back to the old high. BBUS finished 5 of its 6 full calendar years with a gain; the best year was 2023 (+27.2%) and the worst 2022 (−19.5%). Volatility has been 16.8% a year.
Related: BBUS chart, BBUS holdings, BBUS dividends, BBUS valuation. See the BBUS overview for the latest quote and fund facts.
BBUS performance FAQ
What is the BBUS return over the past year?
BBUS returned +13.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 12.6%.
What is the average annual return of BBUS?
BBUS has returned +12.0% a year over 5 years, +15.6% a year since March 13, 2019 (total return, distributions reinvested).
How much would $10,000 invested in BBUS be worth?
$10,000 invested in BBUS at its first recorded close on March 13, 2019 would be worth about $30,160 on October 23, 2026 with distributions reinvested.
What was the worst year for BBUS?
The worst calendar year was 2022, with a total return of −19.5%. The best was 2023 at +27.2%.
What is the biggest drawdown of BBUS?
The largest peak-to-trough decline was −35.3% between January 16, 2020 and March 23, 2020. It recovered to the old high on August 24, 2020, 5 months after the bottom.
How volatile is BBUS?
Over the past 3 years BBUS had an annualized volatility of 12.7% and a Sharpe ratio of 1.36 (excess return over 1–3 month T-bills per unit of risk).