BBAX
JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF
The JPMorgan BetaBuilders Developed Asia ex-Japan ETF tracks a market-cap-weighted index of large- and midcap stocks in developed-market Asian countries, excluding Japan.
International
EQUITY
Rules-Based
MANAGEMENT STYLE
5.5 B
ASSETS UNDER MGMT
19 bp
EXPENSES
Fund Basics
| Fund sponsor | JPMorgan |
| Category | International |
| Asset class | Equity |
| Website | link... |
| Inception date | Aug 07, 2018 |
| Assets (mns) | $5,523 |
| Expense ratio | 19 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| COMMONWEALTH BANK OF AUSTRAL | 10.4 % |
| ESR CAYMAN LTD. | 9.4 % |
| BHP BILLITON LTD | 7.8 % |
| AIA GROUP LTD | 5.6 % |
| NATIONAL AUSTRALIA BANK LTD | 4.9 % |
| WESTPAC BANKING CORP | 4.9 % |
| DBS GROUP HOLDINGS LTD | 4.7 % |
| WESFARMERS LIMITED | 3.9 % |
| HONG KONG EXCHANGES & CLEAR | 3.7 % |
| CSL LIMITED | 3.7 % |
Constituent Breakdown
| Number of holdings | 115 |
| Herfindahl-Hirschman Index | 484 |
| Wgt avg mkt cap (mns) | $105,317 |
| Large cap (>$10bn) | 87.3% |
| Mid cap ($2-10bn) | 10.7% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 96.4% |
| Emerging mkts. | 0.9% |
Country Exposure
 |
AUSTRALIA | 73.7 % |
 |
HONG KONG | 29.7 % |
 |
SINGAPORE | 14.5 % |
 |
NEW ZEALAND | 1.4 % |
 |
CHINA | 1.0 % |
Historical Performance
Standardized Performance (as of 08/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 16.8% | 10.8% | 10.0% | 5.9% | 3.5% | -- | -- | 1.6% |
| Dividend Yield | 1.1% | 3.4% | 4.0% | 4.1% | 4.5% | -- | -- | 4.2% |
| Total Returns | 17.8% | 14.2% | 14.0% | 10.0% | 8.0% | -- | -- | 5.8% | Ann. Volatility | 19.9% | 18.8% | 17.3% | 18.0% | 17.4% | -- | -- | 20.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.88 | 51% |
| MSCI EAFE | 0.87 | 57% |
| MSCI Emg Mkts | 0.91 | 66% |
Liquidity Measures
| Avg. volume (000) | 185 |
| ADV traded (mns) | $11 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.04% |
Technical Indicators
| Recent close | $57.53 |
| 30d moving avg. | $56.46 |
| Annualized volatility | 18.7% |
| Relative strength (RSI) | 61 |
| Short interest | 0.1% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. |
Expenses vs. |
ALTAR Score™ vs. |
|---|---|---|---|---|
| EPP | iShares MSCI Pacific ex-Japan ETF | 89.2% | +28 bp | +5.0% |
| FLAU | Franklin FTSE Australia ETF | 73.0% | -10 bp | +6.0% |
| EWA | iShares MSCI Australia ETF | 70.7% | +31 bp | +5.6% |
| DVYA | iShares Asia/Pacific Dividend ETF | 34.5% | +30 bp | +7.5% |
| FLHK | Franklin FTSE Hong Kong ETF | 29.8% | -10 bp | +4.3% |
| IPAC | iShares Core MSCI Pacific ETF | 23.9% | -10 bp | +6.1% |
| VPL | Vanguard FTSE Pacific ETF | 20.7% | -12 bp | +6.5% |
| EWH | iShares MSCI Hong Kong ETF | 20.3% | +31 bp | +5.0% |
| HAUZ | DBX ETF Trust - Xtrackers International Real Estate ETF | 19.6% | -9 bp | +6.6% |
| FPA | First Trust Asia Pacific ex-Japan AlphaDEX Fund | 19.1% | +61 bp | +9.3% |
Risk and Returns: BBAX vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 9/15/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
ALTAR Score™
BBAX
5.3%
Cat. Avg
7.0%
ALTAR Score™ Calculation
Category Overview
There are 264 funds in the International Equity category, with an average ALTAR Score™
of 7.0% and a standard deviation of
1.8%. BBAX's ALTAR Score™ is approximately
0.9 standard deviations
below
the category average. This places BBAX in the 18th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
BBAXSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based International Equity ETFs |
| # of ETFs | 152 |
| Avg. Expense Ratio | 42.9 bp |
| Std. Deviation | 24.3 bp |
| (19 bp) Percentile rank | 17 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| BBAX | 19.0 | 0.0 | 19 |
| Peer Avg. | 46.4 | 51.6 | 98.0 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .