BBRE vs VOO

BBRE vs VOO

Which is better, BBRE or VOO?

Mid Cap Value against Large Cap Blend.

VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 52.1%.

Lower Fees: VOOHigher Returns: VOOLess Concentrated: VOO

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricBBREVOO
Expense Ratio0.11%0.03%Best
AUM$1.3B$997.4B
Dividend Yield2.59%1.04%
Holdings106509
YTD Return+10.94%+12.37%Best
1Y Return+9.60%+16.61%Best
3Y Return (annualized)+10.54%+21.37%Best
5Y Return (annualized)+3.55%+13.49%Best
Volatility (annualized)18.9%16.6%Best
Max Drawdown-43.6%-34.3%Best
$10,000 over 5 years$11,906$18,827Best
Top 10 Weight52.1%37.6%Best
Fund FamilyJ.P. Morgan Asset ManagementVanguard (US)
CategoryEquityEquity
StyleMid Cap ValueLarge Cap Blend
InceptionJun 15, 2018Sep 7, 2010

Volatility and max drawdown are measured over the window both funds cover: Jun 18, 2018 to Sep 18, 2026 (8.3 years).

BBRE vs VOO growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 8.3 years both funds cover.

BBRE vs VOO Performance

JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) is an ETF from J.P. Morgan Asset Management and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year BBRE returned +9.60% while VOO returned +16.61%. Year to date, BBRE is up 10.94% versus a gain of 12.37% for VOO.

Over three years, BBRE compounded at +10.54% per year against +21.37% for VOO; over five years the annualized figures are +3.55% and +13.49% respectively. Across the full 8-year window we track, VOO has the edge at +14.11% annualized vs +5.70%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

BBRE has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 16.6% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -43.6% for BBRE and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

BBRE charges 0.11% per year while VOO charges 0.03%. On a $10,000 position that is $11 vs $3 annually, a gap of $8 per year that compounds over a long holding period. On income, BBRE currently yields 2.59% against 1.04% for VOO.

Holdings Overlap

BBRE already in VOO69.9%
VOO already in BBRE1.5%

69.9% of BBRE's money is in holdings VOO also owns. 1.5% of VOO's money is in holdings BBRE also owns.

The two portfolios partly overlap.

24 positions in common, counted across the 103 positions we hold weights for in BBRE and 494 in VOO, against full books of 106 and 509.

What only one of them owns

Measured across the 103 and 494 positions we hold weights for.

VOO holds 463 positions BBRE does not, 97.6% of the fund.

Largest: NVDA 7.55%, AAPL 7.05%, MSFT 5.36%, AMZN 4.13%, GOOGL 3.24%

Top Shared Holdings

StockWeight in BBREWeight in VOODifference
WELLWelltower, Inc.12.00%0.26%11.74%
PLDPrologis Inc9.40%0.21%9.19%
EQIXEquinix Inc. Real Estate Investment Trust4.42%0.16%4.26%
DLRDigital Realty Trust Inc.4.39%0.10%4.29%
SPGSimon Property Group Inc4.33%0.12%4.21%
PSAPublic Storage4.04%0.08%3.96%
ORealty Income Corp.3.97%0.09%3.88%
EQRVivmark Residential3.69%0.04%3.65%
VTRVentas  Inc .3.12%0.07%3.05%
IRMIron Mtn Inc New Com Npv2.72%0.06%2.66%

69.9% of BBRE is already inside VOO.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

BBREVOO

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Frequently Asked Questions

Which is cheaper, BBRE or VOO?

BBRE has an expense ratio of 0.11% while VOO charges 0.03%. VOO is the cheaper option, by $8 a year on a $10,000 investment.

Which performed better, BBRE or VOO?

Over the past year BBRE returned +9.60% vs +16.61% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (8 years), BBRE annualized +5.70% vs +14.11% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, BBRE or VOO?

BBRE has been the more volatile fund at 18.9% annualized versus 16.6% for VOO. Worst drawdown: BBRE -43.6% vs VOO -34.3%.

Should I hold both BBRE and VOO?

BBRE and VOO have a monthly-return correlation of 0.80, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

What is the holdings overlap between BBRE and VOO?

69.9% of BBRE's money is in holdings VOO also owns. 1.5% of VOO's is in holdings BBRE also owns. They hold 24 positions in common, counted across the 103 positions we hold weights for in BBRE and 494 in VOO.

Which pays a higher dividend, BBRE or VOO?

BBRE yields 2.59% while VOO yields 1.04%, so BBRE currently pays the higher dividend yield.

Is VOO better than BBRE?

VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 37.6% of the fund in its ten largest positions against 52.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.