JPMorgan BetaBuilders International Equity ETF (BBIN)
$80.60
Pre-market+0.17 (+0.21%)
At close$80.43(+0.55%)
BBIN: A Conservative Bet On International Developed Markets
JPMorgan BetaBuilders International Equity ETF focuses on developed markets excluding North America, with a 0.07% expense ratio, slightly higher than competitors. BBIN has lower exposure to cyclical sectors like energy and materials, favoring defensive sectors and large-cap stocks, reducing downside risk. Performance is comparable to VEA and IDEV, but BBIN's higher expense ratio slightly impacts returns; currency risk is a notable factor.
Lipper U.S. Mutual Funds And ETPs Q2 2020 Snapshot: Assets Under Management Jump $3.3 Trillion
For Q2 2020, the average equity fund and taxable fixed income fund posted a 20.22% and 5.45% return, respectively, which contributed to the big rise in assets under management.