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ETFs

JPMorgan BetaBuilders Europe ETF

BBEU
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 15 2018
Expense Ratio
0.09%
Type
Global Ex. US Equities
Fund Owner
JPMorgan Chase
Volume (1m avg. daily)
$38,214,415
AUM
$8,911,209,189
Associated Index
Morningstar Developed Europe Target Market Exposure Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

NESN
Nestle SA
3.30%
ASML
ASML HOLDING NV
2.61%
NOVOB
NOVO NORDISK A/S-B
2.44%
MC
LVMH MOET HENNESSY LOUIS VUI
2.31%
AZN
ASTRAZENECA PLC
2.09%
SHEL
SHELL PLC COMMON STOCK
2.03%
ROG
Roche Holding AG
2.01%
NOVN
Novartis AG - Registered Shares
1.99%
HSBA
HSBC HOLDINGS PLC
1.38%
TTE
TOTALENERGIES SE
1.38%
Invest with BBEU

What is BBEU?

JPMorgan BetaBuilders Europe ETF seeks investment results that closely correspond to the Morningstar Developed Europe Target Market Exposure Index. The Underlying Index is a free float adjusted market capitalization-weighted index which consists of equity securities from developed European countries or regions, including: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom. The Underlying Index targets 85% of the stocks traded on the primary exchanges in each country by market capitalization, and primarily includes large- and mid-capitalization companies. Components of the Underlying Index are allocated across vari-ous sectors, including the financials and consumer staples sectors. However, the components of the Underlying Index and the countries and sectors represented are likely to change over time.

ETFs related toBBEU

ETFs correlated to BBEU include VGK, IEUR, IEV

BBEU
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders Europe ETF
VGK
Vanguard Group, Inc. - Vanguard FTSE Europe ETF
IEUR
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Europe ETF
IEV
BlackRock Institutional Trust Company N.A. - iShares Europe ETF
SPEU
SSgA Active Trust - SPDR Portfolio Europe ETF
EFA
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE ETF
ESGD
iShares Trust - iShares Trust iShares ESG Aware MSCI EAFE ETF
BBIN
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders International Equity ETF
EZU
BlackRock Institutional Trust Company N.A. - iShares MSCI EMU ETF
IEFA
BlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE ETF
GSIE
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta International Equity 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 toBBEU

#TSMO

Treasury and Stock Momentum

Category

Momentum, Be Risk Aware

Risk Rating

Aggressive

#SWITCH

Asset Switching

Category

Momentum, Grow Your Portfolio

Risk Rating

Aggressive

Create your own algorithmic trading strategy with BBEU using Composer

FAQ

BBEU is a Global Ex. US Equities ETF. JPMorgan BetaBuilders Europe ETF seeks investment results that closely correspond to the Morningstar Developed Europe Target Market Exposure Index. The Underlying Index is a free float adjusted market capitalization-weighted index which consists of equity securities from developed European countries or regions, including: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom. The Underlying Index targets 85% of the stocks traded on the primary exchanges in each country by market capitalization, and primarily includes large- and mid-capitalization companies. Components of the Underlying Index are allocated across vari-ous sectors, including the financials and consumer staples sectors. However, the components of the Underlying Index and the countries and sectors represented are likely to change over time.

BBEU tracks the Morningstar Developed Europe Target Market Exposure Index.

No, BBEU 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, BBEU 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 BBEU is -0.0183%. This is the percent change in the value of BBEU over the most recent 1-month period. The 3-month return on BBEU is 0.0691%. This is the percent change in the value of BBEU over the most recent 3-month period.

The standard deviation of BBEU for the past year is 0.232%. 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 BBEU include FEZ, ACWI, and VEA.

ETFs correlated to BBEU include VGK, IEUR, and IEV.

ETFs that are inversely correlated to BBEU include EPV, EFZ, and SEF.

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.