Snapshot*
Top 10 Holdings
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, SPDW
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
Follow the Global Trend
Copy the Dragon Portfolio
Create your own algorithmic trading strategy with BBCA using Composer
News Related to BBCA
Canadian Politicians Promise Faster Project Approvals Ahead Of April 28 Elections
Apr 10, 2025 • by Stjepan Kalinic
Justin Trudeau Will Step Down As Canada Faces Tension Over Trump Tariffs
Jan 6, 2025 • by Maureen Meehan
Trump Told Trudeau Canada Could Dodge Tariffs As 51st State: Which Sectors Could Be Hit
Dec 3, 2024 • by Chris Katje
FAQ
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.