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ETFs

JPMorgan BetaBuilders Canada ETF

BBCA
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Today’s Change
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Snapshot
*

Inception Date
Aug 07 2018
Expense Ratio
0.19%
Type
Global Ex. US Equities
Fund Owner
JPMorgan Chase
Volume (1m avg. daily)
$9,813,812
AUM
$5,410,044,275
Associated Index
Morningstar Canada Target Market Exposure Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

RY
ROYAL BANK OF CANADA
7.53%
TD
TORONTO-DOMINION BANK
6.02%
ENB
ENBRIDGE INC
4.33%
CP
CANADIAN PACIFIC RAILWAY LTD
4.08%
CNR
CANADIAN NATIONAL
4.01%
BMO
BANK OF MONTREAL
3.51%
BNS
BANK OF NOVA SCOTIA
3.37%
CNQ
CANADIAN NATURAL RESOURCES
3.34%
SHOP
SHOPIFY INC COMMON STOCK
3.21%
BN
BROOKFIELD CORP
2.45%
Invest with BBCA

What is BBCA?

JPMorgan BetaBuilders Canada ETF seeks investment results that closely correspond to the Morningstar Canada Target Market Exposure Index.The Index is a free-float adjusted market-cap weighted index consisting of stocks traded primarily on the Toronto Stock Exchange.

ETFs related toBBCA

ETFs correlated to BBCA include EWC, PID, DGT

BBCA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders Canada ETF
EWC
BlackRock Institutional Trust Company N.A. - iShares MSCI Canada ETF
PID
Invesco Capital Management LLC - Invesco International Dividend Achievers ETF
DGT
SPDR Series Trust - SPDR Global Dow ETF
AVDE
American Century ETF Trust - Avantis International Equity ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
DFAI
Dimensional ETF Trust - Dimensional International Core Equity Market ETF
ISCF
BlackRock Institutional Trust Company N.A. - iShares International Small-Cap Equity Factor ETF
AVIV
American Century ETF Trust - Avantis International Large Cap Value ETF
DFIC
Dimensional ETF Trust - Dimensional International Core Equity 2 ETF
VYMI
Vanguard Group, Inc. - Vanguard International High Dividend Yield ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toBBCA

#DRAGON

Dragon Portfolio

Category

Go Global

Risk Rating

Aggressive

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

Create your own algorithmic trading strategy with BBCA using Composer

FAQ

BBCA is a Global Ex. US Equities ETF. JPMorgan BetaBuilders Canada ETF seeks investment results that closely correspond to the Morningstar Canada Target Market Exposure Index.The Index is a free-float adjusted market-cap weighted index consisting of stocks traded primarily on the Toronto Stock Exchange.

BBCA tracks the Morningstar Canada Target Market Exposure Index.

No, BBCA is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, BBCA is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on BBCA is -0.0474%. This is the percent change in the value of BBCA over the most recent 1-month period. The 3-month return on BBCA is -0.0077%. This is the percent change in the value of BBCA over the most recent 3-month period.

The standard deviation of BBCA for the past year is 0.2225%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to BBCA include EWW, EWY, and FXI.

ETFs correlated to BBCA include EWC, PID, and DGT.

ETFs that are inversely correlated to BBCA include EFZ, EPV, and SKF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.