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BBAX - ETF AI Analysis
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JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX)
Rating:66Neutral
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has shown steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.
Low Expense Ratio
The fund charges a relatively low fee, which helps investors keep more of their returns over time.
Broad Developed Asia ex-Japan Exposure
The ETF offers diversified access to developed Asian markets outside Japan, with meaningful positions in Australia, Hong Kong, and Singapore.
Negative Factors
Heavy Country Concentration
More than half of the portfolio is invested in Australia, which increases the fund’s sensitivity to that single market.
Financial Sector Dominance
Nearly half of the ETF is in financial stocks, so a downturn in banks or insurers could have an outsized impact on performance.
Mixed Performance Among Top Holdings
Several of the largest positions, including major Australian and Hong Kong financial companies, have shown weak year-to-date performance, which can drag on the fund’s overall returns.
BBAX vs. SPDR S&P 500 ETF (SPY)
AUM6.26B
RegionAsia-Pacific
Expense Ratio0.19%
Beta0.73
IssuerJPMorgan
Inception DateAug 07, 2018
Dividend Yield3.59%
Asset ClassEquity
Index TrackedMorningstar Developed Asia Pacific ex-Japan Target Market Exposure Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume353,602
30 Day Avg. Volume306,973
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
63.75Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering95
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
BBAX Summary
BBAX is an ETF from JPMorgan that tracks the Morningstar Developed Asia Pacific ex-Japan Index, giving you broad exposure to developed Asian markets like Australia, Hong Kong, and Singapore, without owning Japanese stocks. It holds many companies across sectors, with big positions in well-known names such as Commonwealth Bank of Australia and BHP Group. Investors might consider BBAX to diversify beyond the U.S. and Europe and to participate in long-term growth in developed Asia through one simple fund. A key risk is that it is heavily tilted toward financial and materials stocks, so its value can rise and fall with those sectors and regional markets.
How much will it cost me?The expense ratio for the JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX) is 0.19%, which means you’ll pay $1.90 per year for every $1,000 invested. This is lower than average because BBAX is passively managed, tracking an index rather than relying on active stock picking.
What would affect this ETF?BBAX could benefit from economic growth in developed Asia-Pacific countries like Australia and Singapore, especially if sectors like financials and materials, which dominate its holdings, perform well. However, challenges such as rising interest rates or regulatory changes in these regions could negatively impact financial institutions and real estate, which are significant components of the ETF. Global economic uncertainty or trade tensions could also affect the ETF's performance given its exposure to export-driven economies.
BBAX Top 10 Holdings
BBAX is essentially riding on the shoulders of big Australian and Singaporean banks, with Commonwealth Bank of Australia, National Australia Bank, Westpac, ANZ, and DBS Group all pulling their weight and giving the fund a rising, income-friendly backbone. BHP adds a strong materials tilt that’s been another bright spot lately. On the softer side, Hong Kong names like AIA Group and Hong Kong Exchanges & Clearing have been more mixed to lagging, occasionally putting a brake on performance. Overall, it’s a financials-heavy, developed Asia ex-Japan story with limited tech exposure.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Commonwealth Bank of Australia | 9.28% | $577.51M | AU$288.33B | 16.14% | 64 Neutral | |
| BHP Group Ltd | 8.46% | $526.47M | AU$268.18B | 48.58% | 68 Neutral | |
| AIA Group | 5.21% | $324.06M | HK$899.50B | 24.17% | 72 Outperform | |
| National Australia Bank Limited | 4.66% | $290.26M | AU$143.22B | 47.20% | 64 Neutral | |
| Westpac Banking | 4.55% | $283.41M | AU$140.05B | 45.18% | 69 Neutral | |
| DBS Group Holdings | 4.05% | $252.26M | S$156.28B | 19.78% | 78 Outperform | |
| ANZ Group Holdings | 3.64% | $226.37M | AU$113.29B | 46.74% | 70 Outperform | |
| Hong Kong Exchanges & Clearing | 2.84% | $176.91M | HK$525.15B | 11.60% | 69 Neutral | |
| Wesfarmers Limited | 2.74% | $170.65M | AU$86.08B | 19.24% | 68 Neutral | |
| OCBC | 2.45% | $152.37M | S$93.57B | 31.46% | 71 Outperform |
BBAX Technical Analysis
Neutral
―
Price Trends
60.21
Positive
57.86
Positive
56.00
Positive
Market Momentum
0.45
Positive
41.33
Neutral
24.13
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BBAX, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 62.73, equal to the 50-day MA of 60.21, and equal to the 200-day MA of 56.00, indicating a neutral trend. The MACD of 0.45 indicates Positive momentum. The RSI at 41.33 is Neutral, neither overbought nor oversold. The STOCH value of 24.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for BBAX.
BBAX Peer Comparison
Comparison Results
Performance Comparison
BBAX
JPMorgan BetaBuilders Developed Asia ex-Japan ETF
60.63
13.33
28.18%
INDA
iShares MSCI India ETF
―
―
―
MCHI
iShares MSCI China ETF
―
―
―
DXJ
WisdomTree Japan Hedged Equity Fund
―
―
―
FLJP
Franklin FTSE Japan ETF
―
―
―
EPP
iShares MSCI Pacific ex-Japan ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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