Jpmorgan Betabuilders Developed Etf Profile
| BBAX Etf | USD 51.95 0.40 0.76% |
Performance5 of 100
| Odds Of DistressLess than 9
|
JPMorgan BetaBuilders is trading at 51.95 as of the 30th of November 2024; that is 0.76 percent decrease since the beginning of the trading day. The etf's open price was 52.35. JPMorgan BetaBuilders has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for JPMorgan BetaBuilders Developed are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund will invest at least 80 percent of its assets in securities included in the underlying index. JPM Betabuilders is traded on BATS Exchange in the United States. More on JPMorgan BetaBuilders Developed
Moving together with JPMorgan Etf
JPMorgan Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Broad Equity ETFs, Pacific/Asia ex-Japan Stk, JPMorgan (View all Sectors) |
| Issuer | JPMorgan |
| Inception Date | 2018-08-07 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 4.74 Billion |
| Average Trading Valume | 182,336 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Size and Style |
| Market Concentration | Developed Markets |
| Region | Asia-Pacific |
| Administrator | J.P. Morgan Investment Management Inc. |
| Advisor | J.P. Morgan Investment Management Inc. |
| Custodian | JPMorgan Chase Bank, N.A. |
| Distributor | JPMorgan Distribution Services, Inc. |
| Portfolio Manager | Nicholas DEramo, Michael Loeffler, Oliver Furby, Alex Hamilton |
| Transfer Agent | JPMorgan Chase Bank, N.A. |
| Fiscal Year End | 31-Oct |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 137 |
| Market Maker | Jane Street |
| Total Expense | 0.19 |
| Management Fee | 0.19 |
| Country Name | USA |
| Returns Y T D | 8.35 |
| Name | JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF |
| Currency Code | USD |
| Open Figi | BBG00LN4D2G3 |
| In Threey Volatility | 20.02 |
| 1y Volatility | 15.99 |
| 200 Day M A | 49.7592 |
| 50 Day M A | 52.2912 |
| Code | BBAX |
| Updated At | 29th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.04) |
JPMorgan BetaBuilders Developed [BBAX] is traded in USA and was established 2018-08-07. The fund is listed under Pacific/Asia ex-Japan Stk category and is part of JPMorgan family. The entity is thematically classified as Size And Style ETFs. JPMorgan BetaBuilders currently have 3.35 B in assets under management (AUM). , while the total return for the last 3 years was 3.7%.
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Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on JPMorgan Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding JPMorgan Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as JPMorgan BetaBuilders Developed Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
JPMorgan BetaBuilders Currency Exposure
JPMorgan BetaBuilders Developed holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of JPMorgan BetaBuilders will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in JPMorgan BetaBuilders Developed.
Top JPMorgan BetaBuilders Developed Etf Constituents
| AZJ | Aurizon Holdings | Stock | Industrials | |
| QAN | Qantas Airways | Stock | Industrials | |
| WES | Wesfarmers | Stock | Consumer Discretionary | |
| IAG | Insurance Australia Group | Stock | Financials | |
| ASX | ASX | Stock | Financials | |
| BXB | Brambles | Stock | Industrials | |
| MQG | Macquarie Group | Stock | Financials | |
| WTC | WiseTech Global Limited | Stock | Information Technology |
JPMorgan BetaBuilders Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in JPMorgan BetaBuilders. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0378 | |||
| Jensen Alpha | 0.0377 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.09) |
JPMorgan BetaBuilders Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in JPMorgan BetaBuilders Developed. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of JPMorgan BetaBuilders is measured differently than its book value, which is the value of JPMorgan that is recorded on the company's balance sheet. Investors also form their own opinion of JPMorgan BetaBuilders' value that differs from its market value or its book value, called intrinsic value, which is JPMorgan BetaBuilders' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JPMorgan BetaBuilders' market value can be influenced by many factors that don't directly affect JPMorgan BetaBuilders' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JPMorgan BetaBuilders' value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan BetaBuilders is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan BetaBuilders' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.