Skip to Content
ETFs

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

BBMC
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 14 2020
Expense Ratio
0.07%
Type
US Equities
Fund Owner
JPMorgan Chase
Volume (1m avg. daily)
$6,059,129
AUM
$1,421,929,229
Associated Index
Morningstar US Mid Cap Target Market Exposure Extended Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

ARES
Ares Management Corp - Ordinary Shares - Class A
0.59%
FCNCA
First Citizens Bancshares, Inc (NC) - Ordinary Shares - Class A
0.56%
RS
Reliance Steel & Aluminum Co.
0.53%
BLDR
Builders Firstsource Inc
0.52%
JBL
Jabil Inc
0.48%
AXON
Axon Enterprise Inc
0.47%
DECK
Deckers Outdoor Corp.
0.46%
DKNG
DraftKings Inc. - Ordinary Shares - Class A
0.44%
VRT
Vertiv Holdings Co - Ordinary Shares - Class A
0.44%
CSL
Carlisle Companies Inc.
0.44%
Invest with BBMC

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, SCHM

BBMC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
VB
Vanguard Group, Inc. - Vanguard Small Cap ETF
SMMD
BlackRock Institutional Trust Company N.A. - iShares Russell 2500 ETF
SCHM
Schwab Strategic Trust - Schwab U.S. Mid-Cap ETF
ESML
BlackRock Institutional Trust Company N.A. - iShares ESG Aware MSCI USA Small-Cap ETF
SCHA
Schwab Strategic Trust - Schwab U.S. Small-Cap ETF
SPMD
SPDR Series Trust - SPDR Portfolio S&P 400 Mid Cap ETF
MDY
State Street Global Advisors - S&P MidCap 400 ETF
IJH
BlackRock Institutional Trust Company N.A. - iShares Core S&P Mid-Cap ETF
MIDU
Direxion Shares ETF Trust - Direxion Daily Mid Cap Bull 3x Shares
IVOO
Vanguard Group, Inc. - Vanguard S&P Mid-Cap 400 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 toBBMC

#PTAC

Pick the Trending Asset Class

Category

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

Risk Rating

Moderate

#EMH

Emerging Markets with a Bond Hedge

Category

Momentum, Be Risk Aware, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with BBMC using Composer

FAQ

BBMC is a US Equities ETF. 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.

BBMC tracks the Morningstar US Mid Cap Target Market Exposure Extended Index.

No, BBMC 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, BBMC 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 BBMC is -0.0246%. This is the percent change in the value of BBMC over the most recent 1-month period. The 3-month return on BBMC is -0.0114%. This is the percent change in the value of BBMC over the most recent 3-month period.

The standard deviation of BBMC for the past year is 0.2046%. 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 BBMC include IVV, VTI, and IJR.

ETFs correlated to BBMC include VB, SMMD, and SCHM.

ETFs that are inversely correlated to BBMC include RWM, TZA, and TWM.

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.