PortfoliosLab logo

JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX)

ETF · Currency in USD · Last updated Aug 10, 2022

BBAX is a passive ETF by JPMorgan Chase tracking the investment results of the Morningstar Developed Asia Pacific ex-Japan Target Market Exposure Index. BBAX launched on Aug 7, 2018 and has a 0.19% expense ratio.

ETF Info

ISINUS46641Q6888
CUSIP46641Q688
IssuerJPMorgan Chase
Inception DateAug 7, 2018
RegionDeveloped Asia Pacific (Pacific ex-Japan)
CategoryAsia Pacific Equities
Expense Ratio0.19%
Index TrackedMorningstar Developed Asia Pacific ex-Japan Target Market Exposure Index
ETF Home Pageam.jpmorgan.com
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Trading Data

Previous Close$49.04
Year Range$46.48 - $55.45
EMA (50)$48.84
EMA (200)$50.84
Average Volume$355.55K

BBAXShare Price Chart


Chart placeholderClick Calculate to get results

BBAXPerformance

The chart shows the growth of $10,000 invested in JPMorgan BetaBuilders Developed Asia ex-Japan ETF in Aug 2018 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $11,412 for a total return of roughly 14.12%. All prices are adjusted for splits and dividends.


-20.00%-15.00%-10.00%-5.00%0.00%5.00%MarchAprilMayJuneJulyAugust
-5.73%
-8.47%
BBAX (JPMorgan BetaBuilders Developed Asia ex-Japan ETF)
Benchmark (^GSPC)

BBAXReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M2.51%5.72%
6M-4.30%-8.06%
YTD-6.62%-13.51%
1Y-10.25%-7.08%
5Y3.37%9.86%
10Y3.37%9.86%

BBAXMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-4.66%2.19%6.55%-6.53%0.58%-6.95%3.86%-0.99%
20210.70%3.27%1.68%3.61%2.55%-2.40%-1.06%-0.07%-4.66%5.43%-6.64%3.72%
2020-2.97%-5.89%-19.40%8.18%1.77%8.69%1.79%4.96%-4.47%-0.22%14.06%5.60%
20196.79%3.62%1.42%1.98%-2.99%6.31%-1.29%-5.43%1.92%2.39%0.55%2.64%
2018-1.65%-0.94%-8.06%3.52%-2.58%

BBAXSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current JPMorgan BetaBuilders Developed Asia ex-Japan ETF Sharpe ratio is -0.59. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.501.00MarchAprilMayJuneJulyAugust
-0.59
-0.34
BBAX (JPMorgan BetaBuilders Developed Asia ex-Japan ETF)
Benchmark (^GSPC)

BBAXDividend History

JPMorgan BetaBuilders Developed Asia ex-Japan ETF granted a 7.28% dividend yield in the last twelve months. The annual payout for that period amounted to $3.57 per share.


PeriodTTM2021202020192018
Dividend$3.57$2.96$1.39$2.11$0.62

Dividend yield

7.28%5.64%2.79%4.58%1.59%

BBAXDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2022FebruaryMarchAprilMayJuneJulyAugust
-12.85%
-14.05%
BBAX (JPMorgan BetaBuilders Developed Asia ex-Japan ETF)
Benchmark (^GSPC)

BBAXWorst Drawdowns

The table below shows the maximum drawdowns of the JPMorgan BetaBuilders Developed Asia ex-Japan ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the JPMorgan BetaBuilders Developed Asia ex-Japan ETF is 39.64%, recorded on Mar 23, 2020. It took 172 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-39.64%Jan 21, 202044Mar 23, 2020172Nov 24, 2020216
-17.4%Jun 7, 2021279Jul 14, 2022
-12.75%Aug 30, 201842Oct 29, 201878Feb 22, 2019120
-10.47%Jul 5, 201929Aug 14, 201997Jan 2, 2020126
-4.99%Jan 22, 20216Jan 29, 20219Feb 11, 202115
-4.66%May 6, 20196May 13, 201925Jun 18, 201931
-4.52%Feb 24, 202121Mar 24, 202114Apr 14, 202135
-2.8%Nov 27, 20202Nov 30, 20204Dec 4, 20206
-2.78%Aug 13, 20183Aug 15, 201810Aug 29, 201813
-2.77%May 11, 20212May 12, 202112May 28, 202114

BBAXVolatility Chart

Current JPMorgan BetaBuilders Developed Asia ex-Japan ETF volatility is 10.80%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


5.00%10.00%15.00%20.00%25.00%30.00%35.00%40.00%MarchAprilMayJuneJulyAugust
10.80%
13.69%
BBAX (JPMorgan BetaBuilders Developed Asia ex-Japan ETF)
Benchmark (^GSPC)