BBSB vs USSH: Grades, Fees and Holdings Compared

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

BBSBACboe

WisdomTree 1-3 Year Laddered Treasury Fund

USSHBNasdaq

Overlap

No data

Expense ratio

BBSB −0.11pt a year

BBSB0.04%USSH0.15%

Avg volume · 30D

BBSB 1.3×the volume

BBSB1.99KUSSH1.51K

BBSB vs USSH Performance

Oct 31, 2025 – Nov 2, 2026

+2.2%BBSB+2.0%USSH

Expense ratio: BBSB 0.04%, better; USSH 0.15%
Fund size: BBSB $55M; USSH $22M
1Y total return: BBSB +2.2%, better; USSH +2.0%
Yield (12M): BBSB 4.12%, better; USSH 3.67%
Holdings: BBSB 92; USSH 26
Avg volume (30D): BBSB 1.99K sh, better; USSH 1.51K sh
NAV per share: BBSB $97.77; USSH $49.96
52W range

ETF.net Grade

Pillar letters and Scores for BBSB, USSH, with each pillar’s weight
Pillar	BBSB	USSH
Cost30% weight	A89Higher	C43
Mission25% weight	A100	A100
Risk15% weight	C53Higher	C43
Tradability15% weight	D34	C41Higher
Holdings10% weight	B66Higher	C51
Durability5% weight	D35	D38Higher

Rank among Treasuries (1-3 Year) funds

How we build Categories ›

Same Category. BBSB and USSH 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 USSH 10th 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 9BUTWOUS Treasury 2 Year Note ETFScore 59
Rank 10BUSSHWisdomTree 1-3 Year Laddered Treasury FundScore 57
Rank 11CNEARiShares Short Duration Bond Active ETFScore 54

Our read on each fund

ETF.net Research

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

USSHBWisdomTree 1-3 Year Laddered Treasury Fund

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.

USSH Short Treasuries, built as a ladder. USSH tracks Bloomberg's laddered 1-3 year Treasury index, holding roughly two dozen positions spread across the maturity range, and pays out monthly.

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.

USSH The fund seeks to track, before fees and expenses, the price and yield performance of the Bloomberg US Treasury 1-3 Year Laddered Index.

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.

USSH The ladder is the whole idea: maturities are spread across the one-to-three-year range by index rule, not clustered wherever the Treasury happened to issue most.wisdomtree.com
Narrow, literal mandate: US Treasury debt maturing in one to three years, and the fund has tracked that index very closely since launch.
Pays monthly, holds roughly two dozen Treasuries, and runs as a plain 1940 Act fund. No derivatives sleeve, no leverage, no options overlay.

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.

USSH At 0.15% it matches the category median, but the largest short-Treasury trackers (VGSH, SCHO, SPTS) charge 0.03% for similar exposure.
Small and thinly traded beside the category's giants, so bid-ask spreads can run wider. Limit orders are the standard workaround.
Launched in 2024, so the live record is short and spans a single rate backdrop.

Full BBSB profile⁠

Full USSH profile⁠

BBSB vs USSH Holdings

How BBSB and USSH 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 USSH.

Country, concentration and asset class

Country by domicile

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

Concentration

Weight in the 10 largest Holdings

BBSB15.2%
USSH41.6%

Securities held

BBSB90
USSH24

Asset class

BBSB: Fixed Income
USSH: Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. BBSB holds 90 securities, USSH 24.

All 92 BBSB holdings⁠All 26 USSH 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 USSH Cost

Overpaying USSH vs BBSB

$2,288

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

BBSB 0.04%
$849
USSH 0.15%
$3,137

Amount$10,000

Years30 years

Cost over time

BBSB 0.04%
USSH 0.15%
Overpaying

Year by year

Year	BBSB	USSH	Overpaying
10	$73	$274	$201
20	$288	$1,071	$783
30	$849	$3,137	$2,288

Expense ratio

0.04%BBSB, cheaper
0.15%USSH

BBSB0.04%USSH0.15%

0.03%0.35%

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

BBSB 4th cheapest of 15 funds

USSH 8th cheapest of 15 funds

BBSB vs USSH Dividends

Last 12 months to Nov 2, 2026

Yield (12M): BBSB 4.12%, better; USSH 3.67%
Payout (12M): BBSB $4.02; USSH $1.83
Last payment: BBSB $0.33; USSH $0.16
Ex-dividend: BBSB Nov 2, 2026; USSH Oct 27, 2026
Paid on: BBSB Pays Nov 4, 2026; USSH Oct 29, 2026
Frequency: BBSB Monthly; USSH Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

BBSBMonthly · 43 paymentsAll BBSB payments⁠

USSHMonthly · 33 paymentsAll USSH payments⁠

BBSB vs USSH 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%USSH 1.6%since Apr 2024
Return per unit of riskSharpe ratio, 3 years: BBSB −0.19USSH −0.36since Apr 2024
Worst fallMax drawdown, 5 years: BBSB −1.6%since Apr 2023USSH −1.0%since Mar 2024
Market sensitivityBeta, 5 years: BBSB 0.23USSH 0.02; Market = 1

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