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JPMorgan BetaBuilders Japan ETF

BBJP
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 15 2018
Expense Ratio
0.19%
Type
Global Ex. US Equities
Fund Owner
JPMorgan Chase
Volume (1m avg. daily)
$56,527,548
AUM
$9,234,615,110
Associated Index
Morningstar Japan Target Market Exposure Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

7203
Toyota Motor Corporation
5.94%
8306
Mitsubishi UFJ Financial Group, Inc.
2.91%
6758
Sony Group Corporation
2.65%
6861
Keyence Corporation
1.92%
8058
Mitsubishi Corporation
1.84%
8316
Sumitomo Mitsui Financial Group Inc
1.79%
8035
Tokyo Electron Ltd
1.66%
6501
Hitachi Ltd.
1.59%
4063
Shin-Etsu Chemical Co. Ltd.
1.58%
8031
Mitsui & Co. Ltd
1.51%
Invest with BBJP

What is BBJP?

The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the Morningstar Japan Target Market Exposure Index. The Underlying Index is a free float adjusted market capitalization weighted index which consists of stocks traded primarily on the Tokyo Stock Exchange or the Nagoya Stock Exchange. The Underlying Index targets 85% of those stocks by market capitalization, and primarily includes large- and mid-capitalization companies, although small capitalization companies may be included. Components of the Underlying Index are allocated across various sectors, including the consumer discretionary, industrials and information technology sectors. The components of the Underlying Index and the sectors represented are likely to change over time.

ETFs related toBBJP

ETFs correlated to BBJP include EWJ, FLJP, IPAC

BBJP
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders Japan ETF
EWJ
BlackRock Institutional Trust Company N.A. - iShares MSCI Japan ETF
FLJP
Franklin Templeton ETF Trust - Franklin FTSE Japan ETF
IPAC
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Pacific ETF
VPL
Vanguard Group, Inc. - Vanguard FTSE Pacific ETF
SCJ
BlackRock Institutional Trust Company N.A. - iShares MSCI Japan Small-Cap ETF
EWJV
iShares Trust - iShares MSCI Japan Value ETF
DFJ
WisdomTree Trust - WisdomTree Japan SmallCap Dividend Fund
GWX
SSgA Active Trust - SPDR S&P International Small Cap ETF
FNDC
Schwab Strategic Trust - Schwab Fundamental International Small Company Index ETF
JPIN
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return 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 toBBJP

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

Create your own algorithmic trading strategy with BBJP using Composer

FAQ

BBJP is a Global Ex. US Equities ETF. The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the Morningstar Japan Target Market Exposure Index. The Underlying Index is a free float adjusted market capitalization weighted index which consists of stocks traded primarily on the Tokyo Stock Exchange or the Nagoya Stock Exchange. The Underlying Index targets 85% of those stocks by market capitalization, and primarily includes large- and mid-capitalization companies, although small capitalization companies may be included. Components of the Underlying Index are allocated across various sectors, including the consumer discretionary, industrials and information technology sectors. The components of the Underlying Index and the sectors represented are likely to change over time.

BBJP tracks the Morningstar Japan Target Market Exposure Index.

No, BBJP 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, BBJP 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 BBJP is 0.0356%. This is the percent change in the value of BBJP over the most recent 1-month period. The 3-month return on BBJP is 0.0154%. This is the percent change in the value of BBJP over the most recent 3-month period.

The standard deviation of BBJP for the past year is 0.1673%. 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 BBJP include EWZ, EWW, and EWT.

ETFs correlated to BBJP include EWJ, FLJP, and IPAC.

ETFs that are inversely correlated to BBJP include EFZ, EPV, and SH.

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.