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ETFs

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF

BBCB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 12 2018
Expense Ratio
0.09%
Type
US Bonds
Fund Owner
JPMorgan Chase
Volume (1m avg. daily)
$637,964
AUM
$38,263,133
Associated Index
Bloomberg U.S. Corporate Bond Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
Bank of America 4.25 % Medium Term Notes 2014-22.10.26 Subord Series L
0.79%
WFC4903230
WELLS FARGO & VAR 10/30
0.72%
HSBC33A
HSBC Holdings plc - FXDFR NT REDEEM 11/08/2033 USD 200000
0.67%
HSBC25E
HSBC Holdings plc - FXDFR NT REDEEM 09/12/2025 USD 200000
0.65%
DWD9
Morgan Stanley Medium Term Notes 2018-24.01.29 Global Series I Fixed/Floating Rate
0.62%
VZ41B
Verizon Communications Inc - 3.40% NT REDEEM 22/03/2041 USD 2000
0.54%
MS4520761
MORGAN STANLEY VAR 07/38
0.54%
MTU4803873
MITSUBISHI 3.741% 03/29
0.53%
n/a
Gldm Sachs Grp Notes 2018-01.05.29 Global Fixed/Floating Rate
0.52%
T4833795
AT&T 3.8 % Notes 2019-15.02.27 Global
0.52%
Invest with BBCB

What is BBCB?

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. As of December 31, 2022, the duration of the Underlying Index was 7.13 years.

ETFs related toBBCB

ETFs correlated to BBCB include VCEB, LQD, VTC

BBCB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF
VCEB
Vanguard Group, Inc. - Vanguard ESG U.S. Corporate Bond ETF
LQD
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD Investment Grade Corporate Bond ETF
VTC
Vanguard Group, Inc. - Vanguard Total Corporate Bond ETF
GIGB
Goldman Sachs ETF Trust - Goldman Sachs Access Investment Grade Corporate Bond ETF
QLTA
BlackRock Institutional Trust Company N.A. - iShares Aaa - A Rated Corporate Bond ETF
SUSC
iShares Trust - iShares Trust iShares ESG Aware USD Corporate Bond ETF
SPBO
SPDR Series Trust - SPDR Portfolio Corporate Bond ETF
USIG
BlackRock Institutional Trust Company N.A. - iShares Broad USD Investment Grade Corporate Bond ETF
IGIB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
SPLB
SSgA Active Trust - SPDR Portfolio Long Term Corporate 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 toBBCB

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with BBCB using Composer

FAQ

BBCB 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. As of December 31, 2022, the duration of the Underlying Index was 7.13 years.

BBCB tracks the Bloomberg U.S. Corporate Bond Index.

No, BBCB 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, BBCB 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 BBCB is -0.0118%. This is the percent change in the value of BBCB over the most recent 1-month period. The 3-month return on BBCB is -0.0263%. This is the percent change in the value of BBCB over the most recent 3-month period.

The standard deviation of BBCB for the past year is 0.089%. 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 BBCB include IGSB, SPIB, and VCIT.

ETFs correlated to BBCB include VCEB, LQD, and VTC.

ETFs that are inversely correlated to BBCB include TBX, TTT, and TBF.

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.