BBSB vs FTSD: Grades, Fees and Holdings Compared

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

BBSBACboe

Franklin Short Duration U.S. Government ETF

FTSDCNYSE Arca

Overlap

No data

Expense ratio

BBSB −0.21pt a year

BBSB0.04%FTSD0.25%

Avg volume · 30D

FTSD 18.3×the volume

BBSB1.99KFTSD36.4K

3Y return · a year

FTSD +0.5pt

BBSB+4.2%FTSD+4.7%

BBSB vs FTSD Performance

Oct 31, 2025 – Nov 2, 2026

+2.2%BBSB+2.7%FTSD

Expense ratio: BBSB 0.04%, better; FTSD 0.25%
Fund size: BBSB $55M; FTSD $349M
1Y total return: BBSB +2.2%; FTSD +2.7%, better
Yield (12M): BBSB 4.12%; FTSD 4.78%, better
Holdings: BBSB 92; FTSD 335
Avg volume (30D): BBSB 1.99K sh; FTSD 36.4K sh, better
NAV per share: BBSB $97.77; FTSD $89.49
52W range

ETF.net Grade

Pillar letters and Scores for BBSB, FTSD, with each pillar’s weight
Pillar	BBSB	FTSD
Cost30% weight	A89Higher	F18
Mission25% weight	A100	A100
Risk15% weight	C53Higher	C51
Tradability15% weight	D34	C46Higher
Holdings10% weight	B66Higher	C52
Durability5% weight	D35	B57Higher

Rank among Treasuries (1-3 Year) funds

How we build Categories ›

Same Category. BBSB and FTSD are both graded against the same 15 Treasuries (1-3 Year) funds, so their Grades compare head to head.

Treasuries (1-3 Year)⁠

Category · 15 funds

See all 15 ›

BBSB ranks 4th and FTSD 12th of 15 funds in the Treasuries (1-3 Year) Category.

Rank 1ASCHOSchwab Short-Term U.S. Treasury ETFScore 82
Rank 2ASPTSState Street SPDR Portfolio Short Term Treasury ETFScore 81
Rank 2AVGSHVanguard Short-Term Treasury ETFScore 81
Rank 4ABBSBJPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETFScore 73
Rank 5BSHYiShares 1-3 Year Treasury Bond ETFScore 68
Rank 11CNEARiShares Short Duration Bond Active ETFScore 54
Rank 12CFTSDFranklin Short Duration U.S. Government ETFScore 53
Rank 13CCUSTCorgi 1-3 Year Treasury Bond ETFScore 51

Our read on each fund

ETF.net Research

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

FTSDCFranklin Short Duration U.S. Government ETF

In short

BBSB A 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.

FTSD Most short-government ETFs just clone a 1-3 year Treasury index. FTSD's mandate is wider: at least 80% in U.S. government, agency or instrumentality debt, run for current income and capital preservation since 2013.

Stated mandate

BBSB 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.

FTSD The Fund seeks high current income consistent with prudent investing and capital preservation, investing at least 80% of net assets in U.S. government, agency, or instrumentality securities.

Why people hold it

BBSB Charges 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.
Tracks 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.jpmorgan.com
Representative 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.

FTSD The mandate reaches past plain Treasuries into agency and instrumentality paper, with at least 80% of net assets in government-backed debt and a stated goal of income plus capital preservation.
Short duration by design, so a swing in rates moves it far less than a long bond fund does. Franklin has been running this one since 2013.
Income lands monthly, and the fund has stuck closely to the mandate its prospectus describes.

Worth knowing

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

FTSD 0.25% a year, above the 0.15% cohort median. The big index trackers (VGSH, SCHO, SPTS) charge 0.03%, so the broader government mandate carries a real price tag.
Thinly traded next to the category heavyweights, which can mean wider spreads on the way in and out.
The stated aim is current income and capital preservation, not capital growth. This is a short-end parking spot, and it behaves like one.

Full BBSB profile⁠

Full FTSD profile⁠

BBSB vs FTSD Holdings

How BBSB and FTSD differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Asset classFixed Income100%
Countryby domicile100%

Sector

No Sector split for BBSB and FTSD.

Country, concentration and asset class

Country by domicile

Country weights in BBSB and FTSD, widest gap first
Country	More in BBSBMore in FTSD	BBSB	FTSD
United States	Same weight	100.0%	100.0%

Concentration

Weight in the 10 largest Holdings

BBSB15.2%
FTSD35.5%

Securities held

BBSB90
FTSD333

Asset class

BBSB: Fixed Income
FTSD: Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. BBSB holds 90 securities, FTSD 333.

All 92 BBSB holdings⁠All FTSD holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BBSB vs FTSD Cost

Overpaying FTSD vs BBSB

$4,310

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

BBSB 0.04%
$849
FTSD 0.25%
$5,159

Amount$10,000

Years30 years

Cost over time

BBSB 0.04%
FTSD 0.25%
Overpaying

Year by year

Year	BBSB	FTSD	Overpaying
10	$73	$455	$382
20	$288	$1,769	$1,481
30	$849	$5,159	$4,310

Expense ratio

0.04%BBSB, cheaper
0.25%FTSD

BBSB0.04%FTSD0.25%

0.03%0.35%

Middle half of Treasuries (1-3 Year) funds
Median 0.15%

BBSB 4th cheapest of 15 funds

FTSD 12th cheapest of 15 funds

BBSB vs FTSD Dividends

Last 12 months to Nov 2, 2026

Yield (12M): BBSB 4.12%; FTSD 4.78%, better
Payout (12M): BBSB $4.02; FTSD $4.27
Last payment: BBSB $0.33; FTSD $0.32
Ex-dividend: BBSB Nov 2, 2026; FTSD Nov 2, 2026
Paid on: BBSB Pays Nov 4, 2026; FTSD Pays Nov 5, 2026
Frequency: BBSB Monthly; FTSD Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

BBSBMonthly · 43 paymentsAll BBSB payments⁠

FTSDMonthly · 46 paymentsAll FTSD payments⁠

BBSB vs FTSD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: BBSB 1.6%FTSD 1.4%, better
Return per unit of riskSharpe ratio, 3 years: BBSB −0.19FTSD 0.19, better
Worst fallMax drawdown, 5 years: BBSB −1.6%since Apr 2023FTSD −4.7%
Market sensitivityBeta, 5 years: BBSB 0.23FTSD 0.17; Market = 1

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