J.P. Morgan Exchange-Traded Fund Trust JPMorgan Sustainable Infrastructure ETF
Snapshot*
Top 10 Holdings
What is BLLD?
JPMorgan Sustainable Infrastructure ETF is designed to provide long-term capital appreciation by investing in companies developing the infrastructure required to facilitate a sustainable and inclusive economy. Invests primarily in common stocks and depositary receipts that are facilitating access to essential goods and services, improved connectivity, social infrastructure, and environmental resilience. Uses a "thematic" investment approach that seeks to identify and invest in companies that are relevant to sustainable infrastructure. Selects companies within key sub-themes, such as electricity infrastructure, renewables infrastructure, transport infrastructure, water infrastructure, digital infrastructure, sustainable logistics, medical infrastructure, social housing, and education infrastructure.
ETFs related toBLLD
ETFs correlated to BLLD include NFRA, AVRE, CGW
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.
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.