- ISIN
- US46641Q7381
- CUSIP
- 46641Q738
- Issuer
- JPMorgan
- Inception Date
- Jun 15, 2018
- Region
- North America (U.S.)
- Category
- REIT
- Leveraged
- 1x (No leverage)
- Index Tracked
- MSCI US REIT Index
- Distribution Policy
- Distributing
- Asset Class
- Real Estate
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $1B
Highlights
- Avg. Volume (1M)
- 30K
- Avg. Volume Value (1M)
- $3.29M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
BBRE Performance Chart
JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) is up 19.9% since the beginning of the year. BBRE is currently trading at $110 per share. Investors who bought $1,000 worth of BBRE shares 5 years ago would now be looking at an investment worth $1,273.
Loading charts...
Compare this symbol against anything
Returns By Period
JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) has returned 19.92% so far this year and 24.62% over the past 12 months.
JPMorgan BetaBuilders MSCI US REIT ETF
- 1D
- -0.53%
- 1M
- 0.88%
- 6M
- 16.77%
- YTD
- 19.92%
- 1Y
- 24.62%
- 3Y*
- 11.76%
- 5Y*
- 4.94%
- 10Y*
- —
- ALL TIME*
- 7.86%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
BBRE Monthly Returns History
Based on dividend-adjusted daily data since Jun 18, 2018, BBRE's average daily return is +0.04%, while the average monthly return is +0.78%. At this rate, an investment would double in approximately 7.4 years.
Historically, 62% of months were positive and 38% were negative. The best month was Jan 2019 with a return of +12.0%, while the worst month was Mar 2020 at -21.4%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, BBRE closed higher 53% of trading days. The best single day was Mar 13, 2020 with a return of +8.4%, while the worst single day was Mar 16, 2020 at -18.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.70% | 7.46% | -5.95% | 8.90% | 0.24% | 3.36% | 2.41% | 19.92% | |||||
| 2025 | 0.99% | 3.54% | -3.48% | -2.78% | 2.10% | -0.52% | -0.96% | 4.49% | 0.93% | -1.82% | 2.09% | -2.18% | 2.09% |
| 2024 | -4.15% | 1.83% | 2.09% | -7.14% | 4.67% | 2.93% | 6.26% | 6.25% | 2.61% | -2.96% | 4.36% | -7.46% | 8.24% |
| 2023 | 10.58% | -4.70% | -2.70% | 0.91% | -2.95% | 5.09% | 2.76% | -3.01% | -6.75% | -4.44% | 10.39% | 10.05% | 13.85% |
| 2022 | -6.96% | -3.20% | 6.62% | -4.60% | -6.11% | -7.37% | 8.93% | -5.97% | -12.11% | 4.77% | 5.69% | -5.15% | -24.68% |
| 2021 | 0.28% | 4.02% | 4.28% | 8.08% | 0.96% | 2.52% | 4.91% | 1.85% | -5.46% | 7.78% | -0.84% | 8.85% | 42.99% |
Benchmark Metrics
JPMorgan BetaBuilders MSCI US REIT ETF has an annualized alpha of -1.49%, beta of 0.82, and R2 of 0.51 versus S&P 500 Index. Calculated based on daily prices since June 18, 2018.
- This ETF participated in 90.63% of S&P 500 Index downside but only 73.36% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- -1.49%
- Beta
- 0.82
- R²
- 0.51
- Upside Capture
- 73.36%
- Downside Capture
- 90.63%
Expense Ratio
BBRE has an expense ratio of 0.11%, which is considered low.
Return for Risk
Risk / Return Rank
BBRE ranks 75 for risk / return — above 75% of ETFs peers on PortfoliosLab. Its historical combined result is above most peers.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for JPMorgan BetaBuilders MSCI US REIT ETF (BBRE) 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.
| BBRE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.31 | ||
| Sortino ratioReturn per unit of downside risk | +0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.25 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.99 | 2.00 | +0.98 |
| Martin ratioReturn relative to average drawdown | 9.87 | 8.49 | +1.38 |
Dividends
Dividend History
JPMorgan BetaBuilders MSCI US REIT ETF provided a 2.58% dividend yield over the last twelve months, with an annual payout of $2.84 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.84 | $3.00 | $2.98 | $3.29 | $2.14 | $1.89 | $2.51 | $1.94 | $1.41 |
Dividend yield | 2.58% | 3.24% | 3.19% | 3.68% | 2.62% | 1.70% | 3.17% | 2.19% | 1.96% |
Monthly Dividends
The table displays the monthly dividend distributions for JPMorgan BetaBuilders MSCI US REIT 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 | $0.41 | $0.00 | $0.00 | $0.68 | $0.00 | $1.09 | |||||
| 2025 | $0.00 | $0.00 | $0.51 | $0.00 | $0.00 | $0.74 | $0.00 | $0.00 | $0.73 | $0.00 | $0.00 | $1.02 | $3.00 |
| 2024 | $0.00 | $0.00 | $0.54 | $0.00 | $0.00 | $0.80 | $0.00 | $0.00 | $0.72 | $0.00 | $0.00 | $0.93 | $2.98 |
| 2023 | $0.00 | $0.00 | $0.76 | $0.00 | $0.00 | $0.87 | $0.00 | $0.00 | $0.73 | $0.00 | $0.00 | $0.94 | $3.29 |
| 2022 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.44 | $0.00 | $0.00 | $0.78 | $0.00 | $0.00 | $0.70 | $2.14 |
| 2021 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.66 | $0.00 | $0.00 | $0.77 | $1.89 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the JPMorgan BetaBuilders MSCI US REIT 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 MSCI US REIT ETF was 43.61%, occurring on Mar 23, 2020. Recovery took 271 trading sessions.
The current JPMorgan BetaBuilders MSCI US REIT ETF drawdown is 2.82%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-43.61%Mar 2020 | 28d | 1y 28d | 1y 1moFeb 2020 - Apr 2021 | COVID crash2020 |
-31.15%Oct 2022 | 9mo 14d | 2y 1mo | 2y 10moJan 2022 - Nov 2024 | Bear market2022 |
-18.92%Apr 2025 | 4mo 10d | 10mo 8d | 1y 2moNov 2024 - Feb 2026 | 2025 selloff2025 |
-14.33%Dec 2018 | 4mo 17d | 1mo 13d | 6moAug 2018 - Feb 2019 | Rate-hike selloffLate 2018 |
-8.07%Mar 2026 | 24d | 20d | 1mo 14dMar 2026 - Apr 2026 | — |
Drawdown Indicators
| BBRE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.61% | -56.78% | +13.17% |
Max Drawdown (1Y)Largest decline over 1 year | -8.07% | -9.10% | +1.03% |
Max Drawdown (3Y)Largest decline over 3 years | -18.92% | -18.90% | -0.02% |
Max Drawdown (5Y)Largest decline over 5 years | -31.15% | -25.43% | -5.72% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -2.82% | -1.58% | -1.24% |
Average DrawdownAverage peak-to-trough decline | -10.33% | -10.70% | +0.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.44% | 2.14% | +0.30% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with BBRE
Add JPMorgan BetaBuilders MSCI US REIT ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with BBRE