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BBSB

GradeAChicago Board Options Exchange

JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF

Treasury & Government Bond · J.P. Morgan · Inception 2023-04-19 · SEC filings

$97.08−0.23 (−0.24%)

As of Sep 23, 2026, 2:17 PM EDT

History starts Apr 20, 2023.
Intraday session: down, 49 prints from 97.31 to 97.08. Range 97.03 to 97.27. Use the arrow keys to read each point.$97.00$97.2010 AM12 PM2 PM4 PM
Expense ratio
0.04%
Fund size
$55M
1Y return
+1.7%
Yield · Last 12 months
3.80%
Holdings
92
Volume · 30D
0M sh
NAV per share
$97.30
52W range
low $97.23high $99.58

The ETF.net BBSB Grade

A

73/ 100

Rank 4 of 15 in Treasuries (1-3 Year)

Confidence High

Six-pillar profile for BBSB. Scores out of 100: Cost 89, Risk 56, Mission 100, Tradability 36, Holdings 64, Durability 35. Strongest: Mission (100). Weakest: Durability (35). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 73 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 89
    Category rank1/15 · top 7%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank1/14 · top 7%
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 56
    Category rank3/15 · top 20%
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 36
    Category rank10/15 · mid-pack
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 64
    Category rank6/15 · top 40%
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 35
    Category rank12/15 · bottom quartile

Graded as of Sep 22, 2026

Our read on BBSB

ETF.net Research

AA plain box of short Treasuries at 0.04%, well under what the category's longtime benchmark fund charges for the very same ICE index. About 90 bonds, monthly income, no story beyond the math.

Stated mandate

The fund seeks current income by tracking the ICE U.S. Treasury 1-3 Year Bond Index. It uses representative sampling to closely replicate the index's characteristics.

Why people hold it

  1. 01Charges 0.04% a year, versus a 0.15% median for 1-3 year Treasury ETFs. On a parking-lot asset like this, fee is most of the controllable outcome.
  2. 02Tracks the ICE U.S. Treasury 1-3 Year Bond Index, the same benchmark iShares' SHY follows at 0.15%. Same bonds, same rules, a fraction of the toll.am.jpmorgan.com
  3. 03Representative sampling of roughly 90 Treasuries keeps it tight to the index, and it stays in its lane: U.S. government paper, one to three years, monthly distributions.

Worth knowing

  1. 01Thinly traded. Bid-ask spread can outweigh the fee edge for short holding periods, so execution matters more here than with the category's giants.
  2. 02VGSH, SCHO and SPTS run the same short-Treasury job for 0.03%. The gap is a rounding error, but it is a gap.
  3. 03Launched in 2023 with a modest asset base, so it has a shorter operating history than the decades-old incumbents in this corner.

BBSB Holdings

As of Sep 21, 2026, 6:54 PM
Asset class
Bonds
Holdings
92
Top-10 weight
15%
Largest holding
UNITED STATES 3.5% 01/282.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 7.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001UNITED STATES 3.5% 01/282.04%1,122,000$1M17
002UNITED 4.625% 04/291.62%883,000$879K16
003UNITED STATES 3.5% 09/271.60%875,000$866K13
004UNITED STATES 4.25% 02/291.49%820,000$810K12
005UNITED 2.875% 08/281.40%789,000$762K11
006UNITED 3.375% 09/271.38%758,000$750K12
007UNITED 1.125% 02/281.38%788,000$749K10
008UNITED STATES 1.25% 04/281.38%789,000$747K11
009UNITED STATES 0.75% 01/281.37%783,000$743K12
010UNITED STATES 3.75% 12/281.37%760,000$743K13
011UNITED 3.875% 10/271.36%744,000$739K11
012UNITED STATES 1.25% 09/281.35%788,000$735K13
013UNITED STATES OF 1% 07/281.35%784,000$732K12
014UNITED STATES OF 4% 05/281.32%723,000$714K19
015UNITED STATES 1.25% 06/281.30%751,000$707K10

Showing 1–15 of 93 holdings

BBSB Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

BBSB$10,174
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. BBSB $10,174. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for BBSB. Periods over one year show the average yearly return.
PeriodBBSB
Year to date+0.6%
1 month−0.5%
3 months+0.2%
1 year+1.7%
3 years+4.1%per year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BBSB
YearReturn barBBSB
2026 YTD+0.6%
2025+5.1%
2024+4.0%
2023+2.6%

History from Apr 20, 2023

BBSB in the news

ETF.net Research hasn’t filed on BBSB yet — coverage lands here as it’s written.

BBSB Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
3.80%Last 12 months
Payout per share
$3.70Last 12 months
Last payment
$0.32 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 41 payments from 2023 to 2026 YTD. May 1, 2023 $0.13; Jun 1, 2023 $0.36; Jul 3, 2023 $0.29; Aug 1, 2023 $0.75; Sep 1, 2023 $0.22; Oct 2, 2023 $0.41; Nov 1, 2023 $0.42; Dec 1, 2023 $0.39; Dec 28, 2023 $0.48; Feb 1, 2024 $0.40; Mar 1, 2024 $0.37; Apr 1, 2024 $0.43; May 1, 2024 $0.45; Jun 3, 2024 $0.35; Jul 1, 2024 $0.37; Aug 1, 2024 $0.41; Sep 3, 2024 $0.38; Oct 1, 2024 $0.36; Nov 1, 2024 $0.37; Dec 2, 2024 $0.35; Dec 31, 2024 $0.50; Feb 3, 2025 $0.11; Mar 3, 2025 $0.29; Apr 1, 2025 $0.27; May 1, 2025 $0.36; Jun 2, 2025 $0.36; Jul 1, 2025 $0.32; Aug 1, 2025 $0.33; Sep 2, 2025 $0.33; Oct 1, 2025 $0.32; Nov 3, 2025 $0.31; Dec 1, 2025 $0.32; Dec 31, 2025 $0.33; Feb 2, 2026 $0.29; Mar 2, 2026 $0.29; Apr 1, 2026 $0.30; May 1, 2026 $0.32; Jun 1, 2026 $0.26; Jul 1, 2026 $0.31; Aug 3, 2026 $0.32; Sep 1, 2026 $0.32. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 3, 2026$0.32
Aug 3, 2026Aug 5, 2026$0.32
Jul 1, 2026Jul 6, 2026$0.31
Jun 1, 2026Jun 3, 2026$0.26
May 1, 2026May 5, 2026$0.32
Apr 1, 2026Apr 6, 2026$0.30
Mar 2, 2026Mar 4, 2026$0.29
Feb 2, 2026Feb 4, 2026$0.29
Dec 31, 2025Jan 5, 2026$0.33
Dec 1, 2025Dec 3, 2025$0.32
Nov 3, 2025Nov 5, 2025$0.31
Oct 1, 2025Oct 3, 2025$0.32

BBSB Risk

How much the fund’s monthly returns vary, scaled to a year.
1.5%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−0.28
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−1.6%
41 months · trough Jul 2023
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.23
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

BBSB Cost

Expense ratio0.04%
  • The middle half of Treasuries (1-3 Year) funds
  • Median 0.15%

3 of the 15 Treasuries (1-3 Year) funds charge less.

BBSB costs $4.00 a year on $10,000. The median Treasuries (1-3 Year) fund costs $15.00.