- ISIN
- US46641Q6888
- CUSIP
- 46641Q688
- Issuer
- JPMorgan
- Inception Date
- Aug 7, 2018
- Region
- Developed Asia Pacific (Pacific ex-Japan)
- Category
- Asia Pacific Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Morningstar Developed Asia Pacific ex-Japan Target Market Exposure Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $6B
Share Price Chart
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Performance
BBAX Performance Chart
JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX) is up 9.3% since the beginning of the year. BBAX is currently trading at $61 per share. Investors who bought $1,000 worth of BBAX shares 5 years ago would now be looking at an investment worth $1,300.
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Returns By Period
JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX) has returned 9.34% so far this year and 19.42% over the past 12 months.
JPMorgan BetaBuilders Developed Asia ex-Japan ETF
- 1D
- -0.16%
- 1M
- -0.57%
- YTD
- 9.34%
- 6M
- 9.12%
- 1Y
- 19.42%
- 3Y*
- 13.11%
- 5Y*
- 5.38%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
BBAX Monthly Returns History
Based on dividend-adjusted daily data since Aug 8, 2018, BBAX's average daily return is +0.03%, while the average monthly return is +0.67%. At this rate, an investment would double in approximately 8.7 years.
Historically, 58% of months were positive and 42% were negative. The best month was Nov 2022 with a return of +16.6%, while the worst month was Mar 2020 at -19.4%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.
On a daily basis, BBAX closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +10.1%, while the worst single day was Mar 12, 2020 at -10.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.21% | 6.28% | -6.56% | 4.53% | -0.34% | -1.42% | 9.34% | ||||||
| 2025 | 2.26% | -0.20% | -1.32% | 3.37% | 5.07% | 4.10% | 0.37% | 4.06% | 0.19% | -0.28% | -0.96% | 2.17% | 20.21% |
| 2024 | -4.36% | 1.37% | 1.17% | -2.97% | 5.07% | -0.42% | 2.13% | 3.95% | 6.61% | -6.03% | 3.11% | -6.14% | 2.50% |
| 2023 | 9.54% | -7.83% | 0.30% | 1.22% | -6.21% | 3.83% | 4.22% | -5.66% | -3.40% | -3.26% | 6.04% | 8.58% | 5.60% |
| 2022 | -4.66% | 2.19% | 6.55% | -6.53% | 0.58% | -6.95% | 3.86% | -3.23% | -10.29% | 1.12% | 16.55% | -1.36% | -4.80% |
| 2021 | 0.70% | 3.27% | 1.68% | 3.61% | 2.55% | -2.40% | -1.06% | -0.07% | -4.66% | 5.43% | -6.64% | 3.72% | 5.53% |
Benchmark Metrics
JPMorgan BetaBuilders Developed Asia ex-Japan ETF has an annualized alpha of -2.74%, beta of 0.79, and R2 of 0.61 versus S&P 500 Index. Calculated based on daily prices since August 08, 2018.
- This ETF participated in 94.19% of S&P 500 Index downside but only 72.10% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -2.74% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Alpha
- -2.74%
- Beta
- 0.79
- R²
- 0.61
- Upside Capture
- 72.10%
- Downside Capture
- 94.19%
Expense Ratio
BBAX has an expense ratio of 0.19%, which is considered low.
Return for Risk
Risk / Return Rank
BBAX ranks 40 for risk / return — below 40% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BBAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.72 | ||
| Sortino ratioReturn per unit of downside risk | -0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.37 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.17 | 2.78 | -0.62 |
| Martin ratioReturn relative to average drawdown | 6.68 | 12.44 | -5.76 |
Dividends
Dividend History
JPMorgan BetaBuilders Developed Asia ex-Japan ETF provided a 3.62% dividend yield over the last twelve months, with an annual payout of $2.21 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.21 | $2.17 | $2.01 | $2.07 | $2.48 | $2.96 | $1.39 | $2.11 | $0.62 |
Dividend yield | 3.62% | 3.86% | 4.13% | 4.17% | 5.06% | 5.47% | 2.57% | 4.07% | 1.36% |
Monthly Dividends
The table displays the monthly dividend distributions for JPMorgan BetaBuilders Developed Asia ex-Japan ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.00 | $0.48 | ||||||
| 2025 | $0.00 | $0.00 | $0.45 | $0.00 | $0.00 | $0.49 | $0.00 | $0.00 | $0.68 | $0.00 | $0.00 | $0.55 | $2.17 |
| 2024 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.52 | $0.00 | $0.00 | $0.71 | $0.00 | $0.00 | $0.39 | $2.01 |
| 2023 | $0.00 | $0.00 | $0.40 | $0.00 | $0.00 | $0.64 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.62 | $2.07 |
| 2022 | $0.00 | $0.00 | $0.53 | $0.00 | $0.00 | $0.95 | $0.00 | $0.00 | $0.75 | $0.00 | $0.00 | $0.25 | $2.48 |
| 2021 | $0.00 | $0.00 | $0.45 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.92 | $0.00 | $0.00 | $1.16 | $2.96 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the JPMorgan BetaBuilders Developed Asia ex-Japan ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the JPMorgan BetaBuilders Developed Asia ex-Japan ETF was 39.64%, occurring on Mar 23, 2020. Recovery took 172 trading sessions.
The current JPMorgan BetaBuilders Developed Asia ex-Japan ETF drawdown is 4.19%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -39.64%Mar 2020 | 2mo 2d | 8mo 6d | 10mo 8dJan 2020 - Nov 2020 |
Bear market2022 | -24.33%Oct 2022 | 1y 4mo | 1y 11mo | 3y 3moJun 2021 - Sep 2024 |
2025 selloff2025 | -20.12%Apr 2025 | 6mo 7d | 1mo 25d | 8mo 2dOct 2024 - Jun 2025 |
Rate-hike selloffLate 2018 | -12.75%Oct 2018 | 2mo | 3mo 26d | 5mo 26dAug 2018 - Feb 2019 |
2019 correction2019 | -10.47%Aug 2019 | 1mo 10d | 4mo 21d | 6mo 1dJul 2019 - Jan 2020 |
Drawdown Indicators
| BBAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.64% | -56.78% | +17.14% |
Max Drawdown (1Y)Largest decline over 1 year | -9.01% | -9.10% | +0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -20.12% | -18.90% | -1.22% |
Max Drawdown (5Y)Largest decline over 5 years | -23.21% | -25.43% | +2.22% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -4.19% | -1.80% | -2.39% |
Average DrawdownAverage peak-to-trough decline | -7.20% | -10.71% | +3.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.91% | 2.03% | +0.88% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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