BBUS
JP Morgan Betabuilders U.S. Equity ETF
JPMorgan BetaBuilders U.S. Equity ETF provides simple, affordable access to U.S. large and mid-cap equities. BBUS seeks investment results that closely correspond,before fees and expenses, to the performance of theMorningstar US Target Market Exposure Ind
US
EQUITY
Rules-Based
MANAGEMENT STYLE
4.0 B
ASSETS UNDER MGMT
2 bp
EXPENSES
Fund Basics
| Fund sponsor | JPMorgan |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Mar 12, 2019 |
| Assets (mns) | $3,998 |
| Expense ratio | 2 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
| MICROSOFT CORP | 6.7 % |
| APPLE INC | 6.6 % |
| NVIDIA CORP | 5.7 % |
| AMAZON.COM INC | 3.6 % |
| META PLATFORMS INC | 2.2 % |
| ALPHABET INC. CLASS A | 2.1 % |
| ALPHABET INC. CLASS C | 1.9 % |
| BERKSHIRE HATHAWAY INC-CL B | 1.7 % |
| BROADCOM INC. | 1.5 % |
| ELI LILLY & CO | 1.4 % |
Constituent Breakdown
| Number of holdings | 560 |
| Herfindahl-Hirschman Index | 175 |
| Wgt avg mkt cap (mns) | $845,350 |
| Large cap (>$10bn) | 99.6% |
| Mid cap ($2-10bn) | 0.2% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.7% |
| Emerging mkts. | 0.3% |
Country Exposure
 |
UNITED STATES | 96.0 % |
 |
IRELAND | 1.6 % |
 |
BRITAIN | 0.7 % |
Historical Performance
Standardized Performance (as of 09/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 21.7% | 36.7% | 29.0% | 11.3% | 15.9% | -- | 15.6% | Volatility | 11.2% | 11.4% | 16.9% | 17.4% | 21.0% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.99 | 100% |
| MSCI EAFE | 0.87 | 74% |
| MSCI Emg Mkts | 0.68 | 43% |
Liquidity Measures
| Avg. volume (000) | 101 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.05% |
| ADV of underlying (mns) | $290,089 |
Technical Indicators
| Recent close | $105.35 |
| 30d moving avg. | $100.91 |
| Annualized volatility | 17.8% |
| Relative strength (RSI) | 64 |
| Short interest (ETF) | 0.2% |
| Short interest (underlying) | 1.6% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. BBUS |
Expenses vs. BBUS |
ALTAR Score™ vs. BBUS |
|---|---|---|---|---|
| VOTE | TCW Transform 500 ETF | 98.0% | +3 bp | -0.1% |
| GSUS | Goldman Sachs MarketBeta U.S. Equity ETF | 95.7% | +5 bp | -0.1% |
| BKLC | BNY Mellon US Large Cap Core Equity ETF | 95.0% | -2 bp | +0.0% |
| ILCB | iShares Morningstar U.S. Equity ETF | 93.8% | +1 bp | 0.0% |
| GUSA | Goldman Sachs MarketBeta U.S. 1000 Equity ETF | 93.4% | +9 bp | -0.1% |
| STRV | Strive 500 ETF | 93.4% | +3 bp | -0.1% |
| VV | Vanguard Large-Cap ETF | 93.2% | +2 bp | -0.1% |
| PBUS | Invesco MSCI USA ETF | 93.2% | +2 bp | 0.0% |
| IVV | iShares Core S&P 500 ETF | 92.7% | +1 bp | +0.0% |
| SPY | SPDR S&P 500 ETF Trust | 92.7% | +7 bp | -0.1% |
Risk and Returns: BBUS 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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| 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 10/22/2024
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
BBUS
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
BBUS
5.0%
Cat. Avg
5.5%
ALTAR Score™ Calculation
Category Overview
There are 933 funds in the US Equity category, with an average ALTAR Score™
of 5.5% and a standard deviation of
2.4%. BBUS's ALTAR Score™ is approximately
0.2 standard deviations
below
the category average. This places BBUS in the 41st percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
BBUSSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| BBUS (2 bp) Percentile rank | 9 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| BBUS | 2.0 | 5.2 | 7.2 |
| Peer Avg. | 37.8 | 15.4 | 53.2 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .