BBHY vs FDEM

Comparison between JPMORGAN BETABUILDERS USD HIGH YIELD CORPORATE BOND ETF (BBHY, ETF) and FIDELITY EMERGING MARKETS MULTIFACTOR ETF (FDEM, ETF).

5-Year PerformanceFDEM has outperformed BBHY, delivering a return of +9.2% compared to +4.1%

BBHY vs FDEM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BBHY(ETF)	FDEM(ETF)
Net Assets	$609M	$609M
Expense Ratio	0.07%	0.25%
Max Drawdown	25.29%	34.04%
Sharpe Ratio	0.90	1.55
5Y Beta	0.24	0.69
5Y Dividends CAGR	7.81%	14.40%

Net Assets

Winner

BBHY

$609M

FDEM

$609M

Expense Ratio

Winner

BBHY

0.07%

FDEM

0.25%

Max Drawdown

Winner

BBHY

25.29%

FDEM

34.04%

Sharpe Ratio

BBHY

0.90

Winner

FDEM

1.55

5Y Beta

Winner

BBHY

0.24

FDEM

0.69

5Y Dividends CAGR

BBHY

7.81%

Winner

FDEM

14.40%

BBHY vs FDEM - Historical Returns

Returns include dividend reinvestment.

Period	BBHY	FDEM
1 month	+0.67%	+2.87%
3 months	+2.50%	+16.55%
6 months	+2.51%	+22.30%
1 year	+7.07%	+36.43%
5 years(CAGR)	+4.06%	+9.15%
10 years(CAGR)	+4.83%	N/A
Max(CAGR)	+4.83%	+9.08%

BBHY

+0.67%

Winner

FDEM

+2.87%

BBHY

+2.50%

Winner

FDEM

+16.55%

BBHY

+2.51%

Winner

FDEM

+22.30%

BBHY

+7.07%

Winner

FDEM

+36.43%

5Y(CAGR)

BBHY

+4.06%

Winner

FDEM

+9.15%

10Y(CAGR)

BBHY

+4.83%

FDEM

N/A

Max(CAGR)

BBHY

+4.83%

Winner

FDEM

+9.08%

BBHY vs FDEM - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	BBHY	FDEM
2026	+1.85%	+17.25%
2025	+8.28%	+25.57%
2024	+8.22%	+10.29%
2023	+11.85%	+16.71%
2022	-10.31%	-13.41%
2021	+4.19%	-3.71%
2020	+5.26%	+7.21%
2019	+14.72%	+5.72%
2018	-2.57%	N/A
2017	+6.56%	N/A
2016	+1.83%	N/A

BBHY vs FDEM Drawdown Comparison

The maximum drawdown for BBHY was -24.98%, occurring on Mar 23, 2020. Recovery took 115 trading sessions.

The maximum drawdown for FDEM was -33.65%, occurring on Mar 23, 2020. Recovery took 222 trading sessions.

The current BBHY drawdown is -0.00%. The current FDEM drawdown is -3.51%.

Rank	BBHY	FDEM
#1	-24.98% Feb 20, 2020 - Aug 4, 2020	-33.65% Jan 17, 2020 - Dec 3, 2020
#2	-15.32% Dec 27, 2021 - Dec 21, 2023	-29.32% Feb 16, 2021 - May 15, 2024
#3	-5.00% Feb 28, 2025 - May 12, 2025	-16.03% Sep 26, 2024 - May 19, 2025
#4	-4.79% Oct 2, 2018 - Jan 18, 2019	-12.68% Feb 25, 2026 - Apr 30, 2026
#5	-2.75% Jan 25, 2018 - Oct 1, 2018	-9.65% Apr 17, 2019 - Nov 4, 2019
#6	-2.56% Sep 2, 2020 - Oct 9, 2020	-8.03% Jun 2, 2026 - Jun 5, 2026
#7	-2.50% Oct 25, 2016 - Dec 23, 2016	-7.69% Jul 12, 2024 - Sep 24, 2024
#8	-2.37% Feb 20, 2026 - Apr 9, 2026	-4.69% May 11, 2026 - May 26, 2026
#9	-2.33% Feb 12, 2021 - May 5, 2021	-4.56% Nov 7, 2019 - Dec 16, 2019
#10	-2.27% Sep 15, 2021 - Dec 23, 2021	-4.46% May 20, 2024 - Jul 11, 2024
#11	-2.16% Mar 27, 2024 - May 6, 2024	-4.36% Sep 17, 2025 - Oct 20, 2025
#12	-2.00% Mar 1, 2017 - Apr 10, 2017	-4.26% Nov 11, 2025 - Jan 2, 2026
#13	-1.71% Oct 24, 2017 - Jan 3, 2018	-4.01% Jan 26, 2021 - Feb 5, 2021
#14	-1.69% Dec 6, 2024 - Jan 21, 2025	-3.28% Jul 23, 2025 - Aug 12, 2025
#15	-1.58% Oct 12, 2020 - Nov 4, 2020	-2.70% Jan 28, 2026 - Feb 9, 2026

Correlation

Correlation between BBHY and FDEM is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (2016 - 2026)

BBHY vs FDEM dividend yield comparison.

Year	BBHY	FDEM
2026	2.92%	0.43%
2025	7.24%	3.23%
2024	7.18%	4.05%
2023	6.49%	4.41%
2022	5.92%	3.95%
2021	4.06%	2.71%
2020	4.73%	1.84%
2019	4.99%	2.39%
2018	5.02%	0.00%
2017	4.81%	0.00%
2016	1.42%	0.00%