BBUS vs IYY: Grades, Fees and Holdings Compared

JPMorgan BetaBuilders U.S. Equity ETF

BBUSACboe

iShares Dow Jones U.S. ETF

IYYCNYSE Arca

Overlap

92.4%by weight

Expense ratio

BBUS −0.18pt a year

BBUS0.02%IYY0.20%

Avg volume · 30D

BBUS 9.8×the volume

BBUS224KIYY22.8K

5Y return · a year

BBUS +0.5pt

BBUS+11.6%IYY+11.1%

BBUS vs IYY Performance

Oct 29, 2021 – Oct 30, 2026

+72.8%BBUS+69.3%IYY

Expense ratio: BBUS 0.02%, better; IYY 0.20%
Fund size: BBUS $9.56B; IYY $2.96B
1Y total return: BBUS +11.3%; IYY +11.7%, better
Yield (12M): BBUS 1.01%, better; IYY 0.88%
Holdings: BBUS 470; IYY 945
Avg volume (30D): BBUS 224K sh, better; IYY 22.8K sh
NAV per share: BBUS $136.14; IYY $183.71
52W range

ETF.net Grade

Pillar letters and Scores for BBUS, IYY, with each pillar’s weight
Pillar	BBUS	IYY
Cost30% weight	A96Higher	D29
Mission25% weight	A98	A100Higher
Risk15% weight	C44	C50Higher
Tradability15% weight	D35	D37Higher
Holdings10% weight	D36	C49Higher
Durability5% weight	D28	C46Higher

Rank among Total US Market funds

How we build Categories ›

Same Category. BBUS and IYY are both graded against the same 10 Total US Market funds, so their Grades compare head to head.

Total US Market⁠

Category · 10 funds

See all 10 ›

BBUS ranks 5th and IYY 9th of 10 funds in the Total US Market Category.

Rank 4AVTIVanguard Morningstar Total Stock Market ETFScore 73
Rank 5ABBUSJPMorgan BetaBuilders U.S. Equity ETFScore 70
Rank 6BDFUSDimensional U.S. Equity ETFScore 65
Rank 7BVTHRVanguard Russell 3000 ETFScore 60
Rank 9CIYYiShares Dow Jones U.S. ETFScore 53
Rank 10CFNDBSchwab Fundamental U.S. Broad Market Index ETFScore 48

Our read on each fund

ETF.net Research

BBUSAJPMorgan BetaBuilders U.S. Equity ETF

IYYCiShares Dow Jones U.S. ETF

In short

BBUS JPMorgan's two-basis-point answer to the total-market question: it undercuts the household-name index funds on fee, then holds a tighter book of roughly 500 large and mid caps instead of reaching for the whole market's tail.

IYY A 2000-vintage broad US equity fund, IYY packs roughly a thousand large- and mid-cap names into one ticker and hugs its index tightly. The trade-off: it charges several times what today's cheapest total-market wrappers do.

Stated mandate

BBUS The fund seeks broad U.S. equity exposure through an indexed, passive approach tracking the Morningstar US Target Market Exposure Index.

IYY The fund seeks to track the investment results of a broad-based index composed of U.S. equities, providing broad exposure to U.S. large- and mid-cap stocks.

Why people hold it

BBUS 0.02% a year makes it the cheapest fund in its total-market cohort, under the 0.03% charged by VTI, SCHB and ITOT and well under the 0.06% cohort median.
Plain passive plumbing: it follows the Morningstar US Target Market Exposure Index with very little drift, no factor tilts and no manager discretion in the mix.jpmorgan.com
A multi-billion-dollar fund backed by J.P. Morgan's ETF desk, listed since 2019 and paying distributions quarterly.

IYY Roughly a thousand large- and mid-cap US stocks in one line item, the whole domestic blue-chip and mid-tier field without picking names.ishares.com
Tracking is the strong suit here: it follows the Dow Jones U.S. Index with very little drift, among the tightest implementations in the total-market group.
Launched in 2000, one of the older broad-market ETFs still trading, with a record spanning several full market cycles.
A multi-billion-dollar iShares fund that pays out quarterly.

Worth knowing

BBUS "US equity" here means roughly 500 large and mid cap names, so the deep small-cap tail that the broadest funds in this group carry is thinner.jpmorgan.com
Volume is moderate rather than heavy for the category, so spreads can run wider than at the most heavily traded total-market names.
A 2019 launch gives it a shorter live record than the total-market veterans it undercuts on price.

IYY The 0.20% annual fee is the sticking point: VTI, ITOT and SCHB deliver comparable total-market exposure at 0.03%.
Thinly traded next to the category's giants, so spreads and limit orders matter more, especially on larger tickets.
The mandate targets large and mid caps, so the small-cap end of the US market sits outside the index.ishares.com

Full BBUS profile⁠

Full IYY profile⁠

BBUS vs IYY Holdings

How BBUS and IYY differ

Overlap by weight

92.4%

Shared holdings make up 98.6% of BBUS and 92.5% of IYY.

Level by level

Holdings456 in both92.4%
Sector11 Sectors98.3%
Asset classEquity100%
Countryby domicile99.9%

Sector

Sector weights in BBUS and IYY, widest gap first
Sector	More in BBUSMore in IYY	BBUS	IYY
Technology	BBUS +1.2 points	40.6%	39.4%
Communication	BBUS +0.4 points	9.9%	9.5%
Industrials	IYY +0.4 points	8.0%	8.4%
Real Estate	IYY +0.3 points	1.6%	1.9%
Health Care	IYY +0.3 points	9.1%	9.4%
Materials	IYY +0.3 points	1.5%	1.8%
Financials	IYY +0.1 points	11.2%	11.3%
Energy	IYY +0.1 points	3.4%	3.5%
Utilities	IYY +0.1 points	1.8%	1.9%
Consumer Discretionary	Same weight	8.7%	8.7%
Consumer Staples	Same weight	4.2%	4.2%

Country, concentration and asset class

Country by domicile

Country weights in BBUS and IYY, widest gap first
Country	More in BBUSMore in IYY	BBUS	IYY
United States	Same weight	99.4%	99.4%
Switzerland	Same weight	0.3%	0.3%
Brazil	BBUS +0.1 points	0.1%	0.0%
China	Same weight	0.1%	0.1%
United Kingdom	IYY +0.1 points	0.0%	0.1%
Mexico	Same weight	0.1%	0.1%
Ireland	Same weight	0.0%	0.0%
Sweden	Same weight	0.0%	0.0%
India	Same weight	0.0%	0.0%

Concentration

Weight in the 10 largest Holdings

BBUS36.9%
IYY34.7%

Securities held

BBUS468
IYY942

Asset class

BBUS: Equity
IYY: Equity

Holdings

Only in BBUS12
In both456
Only in IYY486

Only in BBUS

12 securities, 1.3% of BBUS by weight

JPMorgan U.s. Government0.63%
Trane Technologies PLC0.14%
Elevance Health Inc0.13%
Mercadolibre Inc Common0.12%
Becton Dickinson & Co0.08%
Block Inc Common Stock0.06%
Fiserv Inc Common Stock0.04%
Steris PLC Common Stock0.03%
Southern Copper Corp0.03%
Flutter Entertainment0.02%
Vivmark Residential Reit0.01%
Tpg Inc Right USD0.00%

Only in IYY

486 securities, 7.4% of IYY by weight

Elevance Health Inc0.13%
Trane Technologies PLC0.13%
Moderna0.12%
Natera0.08%
Becton Dickinson0.08%
Vivmark Residential0.06%
Block Class A0.06%
Revolution Medicines0.06%
Kenvue0.05%
Cboe Global Markets0.05%
Anglogold Ashanti PLC0.05%
Okta Class A0.05%
Atlassian Corp Class A0.04%
Williams Sonoma Inc0.04%
Technipfmc PLC0.04%
Fiserv Inc0.04%
United Therapeutics0.04%
Caseys General Stores Inc0.04%
Qnity Electronics0.04%
Guardant Health0.03%
Tapestry0.03%
Ati0.03%
Steris0.03%
Us Foods Holding0.03%
Reliance Steel & Aluminum0.03%
Xpo0.03%
Tenet Healthcare Corp0.03%
Viatris0.03%
Permian Resources Class A0.03%
Affirm Holdings Class A0.03%
Amrize AG0.03%
Roku Class A0.03%
Skyworks Solutions0.03%
Nvent Electric PLC0.03%
Ovintiv0.03%
Rubrik Class A0.03%
Roivant Sciences Ltd0.03%
Royal Gold0.03%
Ftai Aviation0.03%
Td Synnex0.03%
Cf Industries Holdings Inc0.03%
Best Buy0.03%
Apa0.03%
Nutanix Class A0.03%
Hf Sinclair0.03%
Ball Corp0.03%
Itt Inc0.03%
Woodward0.03%
Curtiss Wright0.03%
Exelixis Inc0.02%

Weight gaps

The 100 widest of 456 Holdings in both funds.

Holding weights in BBUS and IYY, widest gap first
Holding	More in BBUSMore in IYY	BBUS	IYY
Apple Inc Common StockAAPL	BBUS +0.50 points	7.67%	7.17%
Microsoft Corp CommonMSFT	BBUS +0.40 points	5.92%	5.52%
Amazon.com Inc CommonAMZN	BBUS +0.26 points	3.62%	3.36%
NVIDIA Corp Common StockNVDA	BBUS +0.22 points	7.28%	7.06%
Alphabet Inc-Cl A -GOOGL	BBUS +0.16 points	2.50%	2.34%
Space ExplorationSPCX	BBUS +0.15 points	0.41%	0.26%
Meta Platforms Inc CommonMETA	BBUS +0.14 points	2.07%	1.93%
Alphabet Inc-Cl C -GOOG	BBUS +0.13 points	2.02%	1.89%
Tesla Inc Common StockTSLA	BBUS +0.11 points	1.72%	1.61%
Broadcom Inc CommonAVGO	BBUS +0.11 points	2.32%	2.21%
Eli Lilly and CompanyLLY	BBUS +0.11 points	1.73%	1.62%
Micron Technology IncMU	BBUS +0.10 points	1.52%	1.42%
JPMorgan Chase & CoJPM	BBUS +0.09 points	1.37%	1.28%
Berkshire Hathaway IncBRK.B	BBUS +0.09 points	1.53%	1.44%
Advanced Micro DevicesAMD	BBUS +0.09 points	1.26%	1.17%
Exxonmobil Holdings CorpXOM	BBUS +0.07 points	1.17%	1.10%
Visa Inc Common Stock USDV	BBUS +0.08 points	1.08%	1.00%
Johnson & Johnson CommonJNJ	BBUS +0.07 points	1.01%	0.94%
Delta Air Lines IncDAL	BBUS +0.06 points	0.08%	0.02%
AbbVie Inc Common StockABBV	BBUS +0.06 points	0.80%	0.74%
Mastercard Inc CommonMA	BBUS +0.04 points	0.78%	0.74%
Costco Wholesale CorpCOST	BBUS +0.05 points	0.69%	0.64%
Kimberly-Clark CorpKMB	BBUS +0.05 points	0.10%	0.05%
Cisco Systems Inc CommonCSCO	BBUS +0.04 points	0.63%	0.59%
The Coca-Cola CompanyKO	BBUS +0.04 points	0.56%	0.52%
Walmart Inc Common StockWMT	BBUS +0.05 points	0.83%	0.78%
United Airlines HoldingsUAL	BBUS +0.04 points	0.05%	0.01%
The Procter & GamblePG	BBUS +0.03 points	0.57%	0.54%
Merck & Co Inc CommonMRK	BBUS +0.03 points	0.56%	0.53%
UnitedHealth Group IncUNH	BBUS +0.04 points	0.56%	0.52%
Home Depot Inc/TheHD	BBUS +0.03 points	0.50%	0.47%
Philip MorrisPM	BBUS +0.04 points	0.50%	0.46%
Bank of America CorpBAC	BBUS +0.03 points	0.49%	0.46%
General Electric CoGE	BBUS +0.03 points	0.48%	0.45%
Applied Materials IncAMAT	BBUS +0.03 points	0.47%	0.44%
Lam Research Corp CommonLRCX	BBUS +0.03 points	0.46%	0.43%
Palo Alto Networks IncPANW	BBUS +0.02 points	0.45%	0.43%
Caterpillar Inc CommonCAT	BBUS +0.03 points	0.44%	0.41%
Texas Instruments IncTXN	BBUS +0.03 points	0.42%	0.39%
Goldman Sachs GroupGS	BBUS +0.03 points	0.40%	0.37%
Rtx CorpRTX	BBUS +0.03 points	0.41%	0.38%
Wells Fargo & Co CommonWFC	BBUS +0.03 points	0.39%	0.36%
Netflix Inc Common StockNFLX	BBUS +0.02 points	0.39%	0.37%
Thermo Fisher ScientificTMO	BBUS +0.02 points	0.39%	0.37%
Amgen Inc Common StockAMGN	BBUS +0.02 points	0.38%	0.36%
International BusinessIBM	BBUS +0.02 points	0.37%	0.35%
Linde PLC Common StockLIN	BBUS +0.02 points	0.36%	0.34%
Ge Vernova Inc CommonGEV	BBUS +0.02 points	0.35%	0.33%
Southwest Airlines CoLUV	BBUS +0.02 points	0.03%	<0.01%
Morgan Stanley DeanMS	BBUS +0.02 points	0.33%	0.31%
Kla Corp Common Stock USDKLAC	BBUS +0.03 points	0.32%	0.29%
Gilead Sciences IncGILD	BBUS +0.02 points	0.32%	0.30%
Analog Devices IncADI	BBUS +0.02 points	0.31%	0.29%
Danaher Corp CommonDHR	BBUS +0.02 points	0.23%	0.21%
The Walt Disney CompanyDIS	BBUS +0.02 points	0.29%	0.27%
Palantir Technologies IncPLTR	BBUS +0.02 points	0.62%	0.60%
Pepsico Inc Common StockPEP	BBUS +0.02 points	0.29%	0.27%
Mcdonald's Corp CommonMCD	BBUS +0.02 points	0.28%	0.26%
Conocophillips CommonCOP	BBUS +0.02 points	0.28%	0.26%
Citigroup Inc CommonC	BBUS +0.02 points	0.31%	0.29%
Verizon CommunicationsVZ	BBUS +0.01 points	0.28%	0.27%
Oracle Corp Common StockORCL	BBUS +0.02 points	0.34%	0.32%
Union Pacific CorpUNP	BBUS +0.02 points	0.28%	0.26%
Pfizer Inc Common StockPFE	BBUS +0.02 points	0.27%	0.25%
Illinois Tool Works IncITW	BBUS +0.02 points	0.12%	0.10%
Abbott LaboratoriesABT	BBUS +0.02 points	0.28%	0.26%
American Express CoAXP	BBUS +0.02 points	0.26%	0.24%
Welltower IncWELL	BBUS +0.02 points	0.26%	0.24%
Nextera Energy IncNEE	BBUS +0.02 points	0.27%	0.25%
Qualcomm Inc Common StockQCOM	BBUS +0.02 points	0.27%	0.25%
Stryker Corp Common StockSYK	BBUS +0.01 points	0.16%	0.15%
Marvell Technology IncMRVL	BBUS +0.02 points	0.26%	0.24%
Amphenol Corp CommonAPH	BBUS +0.02 points	0.30%	0.28%
Accenture PLC CommonACN	BBUS +0.02 points	0.24%	0.22%
Tjx Cos Inc/The CommonTJX	BBUS +0.02 points	0.24%	0.22%
Sandisk Corp CommonSNDK	BBUS +0.02 points	0.26%	0.24%
Intuitive Surgical IncISRG	BBUS +0.01 points	0.23%	0.22%
AT&T Inc Common Stock USDT	BBUS +0.01 points	0.22%	0.21%
Northrop Grumman CorpNOC	BBUS +0.01 points	0.12%	0.11%
Deere & Co Common StockDE	BBUS +0.02 points	0.26%	0.24%
Charles Schwab Corp/TheSCHW	BBUS +0.02 points	0.22%	0.20%
Vertex PharmaceuticalsVRTX	BBUS +0.02 points	0.22%	0.20%
Crowdstrike Holdings IncCRWD	BBUS +0.02 points	0.38%	0.36%
Eaton Corp PLC CommonETN	BBUS +0.01 points	0.22%	0.21%
Arista Networks IncANET	BBUS +0.02 points	0.27%	0.25%
Progressive Corp/ThePGR	BBUS +0.02 points	0.20%	0.19%
Chubb Ltd Common StockCB	BBUS +0.02 points	0.20%	0.18%
Bristol-Myers Squibb CoBMY	BBUS +0.01 points	0.19%	0.18%
Medtronic PLC CommonMDT	BBUS +0.01 points	0.19%	0.18%
Ebay Inc Common Stock USDEBAY	BBUS +0.01 points	0.08%	0.07%
Boeing Co/The CommonBA	BBUS +0.02 points	0.21%	0.19%
Western Digital CorpWDC	BBUS +0.01 points	0.20%	0.19%
Capital One FinancialCOF	BBUS +0.01 points	0.19%	0.18%
Altria Group Inc CommonMO	BBUS +0.01 points	0.20%	0.19%
Constellation EnergyCEG	BBUS +0.02 points	0.14%	0.12%
Seagate TechnologySTX	BBUS +0.01 points	0.22%	0.21%
Marathon Petroleum CorpMPC	BBUS +0.01 points	0.19%	0.18%
Prologis Inc Reit USDPLD	BBUS +0.02 points	0.19%	0.17%
Mckesson Corp CommonMCK	BBUS +0.01 points	0.18%	0.17%
Lowe's Cos Inc CommonLOW	BBUS +0.01 points	0.18%	0.17%

All 469 BBUS holdings⁠All 942 IYY 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.

BBUS vs IYY Cost

Overpaying IYY vs BBUS

$3,729

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

BBUS 0.02%
$426
IYY 0.20%
$4,155

Amount$10,000

Years30 years

Cost over time

BBUS 0.02%
IYY 0.20%
Overpaying

Year by year

Year	BBUS	IYY	Overpaying
10	$37	$365	$328
20	$144	$1,421	$1,277
30	$426	$4,155	$3,729

Expense ratio

0.02%BBUS, cheaper
0.20%IYY

BBUS0.02%IYY0.20%

0.02%0.25%

Middle half of Total US Market funds
Median 0.04%

BBUS cheapest of 10 funds

IYY 8th cheapest of 10 funds

BBUS vs IYY Dividends

Last 12 months to Oct 30, 2026

Yield (12M): BBUS 1.01%, better; IYY 0.88%
Payout (12M): BBUS $1.37; IYY $1.62
Last payment: BBUS $0.35; IYY $0.42
Ex-dividend: BBUS Sep 22, 2026; IYY Sep 15, 2026
Paid on: BBUS Sep 24, 2026; IYY Sep 18, 2026
Frequency: BBUS Quarterly; IYY Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

BBUSQuarterly · 30 paymentsAll BBUS payments⁠

IYYQuarterly · 40 paymentsAll IYY payments⁠

BBUS vs IYY Risk

Fall from peak · 5 years

BBUS
IYY

Risk facts

VolatilityStd dev, 3 years: BBUS 12.5%, betterIYY 12.6%
Return per unit of riskSharpe ratio, 3 years: BBUS 1.39, betterIYY 1.37
Worst fallMax drawdown, 5 years: BBUS −25.5%IYY −25.5%
Market sensitivityBeta, 5 years: BBUS 1.02IYY 1.02; Market = 1

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