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ETFs

JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF

BBAX
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 07 2018
Expense Ratio
0.19%
Type
Global Ex. US Equities
Fund Owner
JPMorgan Chase
Volume (1m avg. daily)
$9,619,815
AUM
$3,956,920,072
Associated Index
Morningstar Developed Asia Pacific ex-Japan Target Market Exposure Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

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Hong Kong Exchanges and Clearing Ltd.
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DEVL
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Invest with BBAX

What is BBAX?

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF seeks investment results that closely correspond to the Morningstar Developed Asia Pacific ex-Japan Target Market Exposure Index. The Index is a free-float adjusted market-cap weighted index consisting of stocks from Australia, Hong Kong, New Zealand and Singapore.

ETFs related toBBAX

ETFs correlated to BBAX include EPP, EWA, CWI

BBAX
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF
EPP
BlackRock Institutional Trust Company N.A. - iShares MSCI Pacific ex Japan ETF
EWA
BlackRock Institutional Trust Company N.A. - iShares MSCI Australia ETF
CWI
SSgA Active Trust - SPDR MSCI ACWI ex-US ETF
ACWX
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ex US ETF
VXUS
Vanguard Group, Inc. - Vanguard Total International Stock ETF
VEU
Vanguard Group, Inc. - Vanguard FTSE All-World ex-US ETF
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF
IQDF
FlexShares Trust - FlexShares International Quality Dividend Index Fund
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
VSGX
Vanguard Group, Inc. - Vanguard ESG International Stock 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 toBBAX

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

#DGE

Diversify with Global Exposure

Category

Momentum, Tactical Asset Allocation, Go Global, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with BBAX using Composer

FAQ

BBAX is a Global Ex. US Equities ETF. JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF seeks investment results that closely correspond to the Morningstar Developed Asia Pacific ex-Japan Target Market Exposure Index. The Index is a free-float adjusted market-cap weighted index consisting of stocks from Australia, Hong Kong, New Zealand and Singapore.

BBAX tracks the Morningstar Developed Asia Pacific ex-Japan Target Market Exposure Index.

No, BBAX 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, BBAX 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 BBAX is 0.0047%. This is the percent change in the value of BBAX over the most recent 1-month period. The 3-month return on BBAX is -0.0345%. This is the percent change in the value of BBAX over the most recent 3-month period.

The standard deviation of BBAX for the past year is 0.1891%. 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 BBAX include EZU, VEA, and EFA.

ETFs correlated to BBAX include EPP, EWA, and CWI.

ETFs that are inversely correlated to BBAX include EFZ, EDZ, and EPV.

Disclaimers

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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.