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JPMorgan BetaBuilders U.S. Aggregate Bond ETF

BBAG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 12 2018
Expense Ratio
0.03%
Type
US Bonds
Fund Owner
JPMorgan Chase
Volume (1m avg. daily)
$8,032,667
AUM
$1,972,567,561
Associated Index
Bloomberg U.S. Aggregate Bond Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

n/a
UNITED STATES 0.5% 02/26
1.28%
n/a
TBA UMBS SINGLE FAMILY 2%
1.25%
n/a
TBA UMBS SINGLE 2.5%
0.93%
n/a
UNITED 0.375% 09/24
0.83%
n/a
UNITED 0.625% 05/30
0.81%
n/a
Fannie Mae 3 % TBA MBS Single Family 30 Years Maturity Settles October
0.80%
n/a
UNITED 0.25% 09/25
0.80%
n/a
Fannie Mae 4 % TBA MBS Single Family 30 Years Maturity Settles October
0.77%
n/a
UNITED 0.25% 10/25
0.77%
n/a
Fannie Mae 3.5 % TBA MBS Single Family 30 Years Maturity Settles October
0.74%
Invest with BBAG

What is BBAG?

The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg US Corporate Bond Index (the Underlying Index), which measures the investment grade, fixed-rate, taxable corporate bond market and includes USD denominated securities publicly issued by US and non-US industrial, utility and financial issuers. Bloomberg Index Services Limited is the index provider for the Underlying Index (the Index Provider). The Fund will invest at least 80% of its Assets in securities included in the Underlying Index. "Assets" means net assets, plus the amount of borrowings for investment purposes. The Fund will provide shareholders with at least 60 days prior notice of any change to this policy. The Underlying Index is market capitalization weighted and is designed to measure the performance of U.S. dollar denominated investment grade corporate debt publicly issued in the U.S. domestic market. The Underlying Index is a component of the Bloomberg US Credit and Bloomberg US Aggregate indices.

ETFs related toBBAG

ETFs correlated to BBAG include BND, AGG, BKAG

BBAG
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Aggregate Bond ETF
BND
Vanguard Group, Inc. - Vanguard Total Bond Market ETF
AGG
BlackRock Institutional Trust Company N.A. - iShares Core U.S. Aggregate Bond ETF
BKAG
BNY Mellon ETF Trust - BNY Mellon Core Bond ETF
SCHZ
Schwab Strategic Trust - Schwab US Aggregate Bond ETF
FLCB
Franklin Templeton ETF Trust - Franklin U.S. Core Bond ETF
EAGG
iShares Trust - iShares ESG Aware U.S. Aggregate Bond ETF
SPAB
SPDR Series Trust - SPDR Portfolio Aggregate Bond ETF
AVIG
American Century ETF Trust - Avantis Core Fixed Income ETF
UTEN
Rbb Fund Inc - US Treasury 10 Year Note ETF
NUBD
Nuveen Fund Advisors LLC - NuShares ESG U.S. Aggregate Bond 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 toBBAG

#PTAC

Pick the Trending Asset Class

Category

Momentum, Tactical Asset Allocation, Be Risk Aware, Ride the Momentum

Risk Rating

Moderate

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with BBAG using Composer

FAQ

BBAG is a US Bonds ETF. The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg US Corporate Bond Index (the Underlying Index), which measures the investment grade, fixed-rate, taxable corporate bond market and includes USD denominated securities publicly issued by US and non-US industrial, utility and financial issuers. Bloomberg Index Services Limited is the index provider for the Underlying Index (the Index Provider). The Fund will invest at least 80% of its Assets in securities included in the Underlying Index. "Assets" means net assets, plus the amount of borrowings for investment purposes. The Fund will provide shareholders with at least 60 days prior notice of any change to this policy. The Underlying Index is market capitalization weighted and is designed to measure the performance of U.S. dollar denominated investment grade corporate debt publicly issued in the U.S. domestic market. The Underlying Index is a component of the Bloomberg US Credit and Bloomberg US Aggregate indices.

BBAG tracks the Bloomberg U.S. Aggregate Bond Index.

No, BBAG 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, BBAG 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 BBAG is -0.0134%. This is the percent change in the value of BBAG over the most recent 1-month period. The 3-month return on BBAG is -0.0348%. This is the percent change in the value of BBAG over the most recent 3-month period.

The standard deviation of BBAG for the past year is 0.0748%. 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 BBAG include GSY, GVI, and BLV.

ETFs correlated to BBAG include BND, AGG, and BKAG.

ETFs that are inversely correlated to BBAG include PST, TBX, and TTT.

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.