JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
Top 10 Holdings
What is BBMC?
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF seeks investment results that closely correspond to the Morningstar US Mid Cap Target Market Exposure Extended Index. The Underlying Index consists of equity securities primarily traded in the United States and targets those securities that fall between the 85th and 95th percentiles in market capitalization of the free float adjusted investable universe. The Underlying Index primarily includes mid-capitalization companies, although large and small capitalization companies can be included.
ETFs related toBBMC
ETFs correlated to BBMC include VB, SMMD, BKSE
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.
Emerging Markets with a Bond Hedge
Momentum, Be Risk Aware, Diversification
Pick the Trending Asset Class
Momentum, Tactical Asset Allocation, Be Risk Aware, Ride the Momentum
Create your own algorithmic trading strategy with BBMC using Composer
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.