Snapshot*
Top 10 Holdings
What is JEMA?
Under normal circumstances, the Fund invests at least 80% ofits Assets in equity securities and equity-related instrumentsthat are tied economically to emerging markets. Assets meansnet assets, plus the amount of borrowings for investmentpurposes. Emerging markets include most countries in the worldexcept Australia, Canada, Japan, New Zealand, the UnitedKingdom, the United States, most of the countries of Western Europe and Hong Kong, although the Fund may invest in securi-ties tied to those countries as well.The Fund s investments represent allocations to a variety of theadviser s actively managed emerging market equity strategies,including country, region and style strategies, among others.The adviser selects the strategies utilized in the portfolio basedon risk/return analyses and relative value considerations. Effective July 8, the JPMorgan Emerging Markets Equity Core ETF (JEMA) changed its name to the JPMorgan ActiveBuilders Emerging Markets Equity ETF.
ETFs related toJEMA
ETFs correlated to JEMA include EEM, EDC, IEMG
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 toJEMA
Pick the Trending Index
Emerging Markets with a Bond Hedge
Create your own algorithmic trading strategy with JEMA using Composer
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.