BBAX - ETF AI Analysis
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JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX)
Rating:66Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has delivered solid gains so far this year and over the past month, showing positive momentum for investors.
Low Expense Ratio
The fund’s relatively low ongoing fee means more of the investment returns can stay in investors’ pockets over time.
Large, Established Asset Base
The ETF manages a sizable pool of assets, which can support better liquidity and more efficient trading for investors.
Negative Factors
Heavy Country Concentration
A large majority of the portfolio is invested in Australia, which increases the impact of economic or market issues in that single country.
Financial Sector Dominance
Nearly half of the fund is in financial companies, so weakness in banks or financial markets could significantly affect overall returns.
Mixed Performance Among Top Holdings
While several major positions have shown strong gains, some key holdings have been weak, which can create uneven performance within the portfolio.
BBAX vs. SPDR S&P 500 ETF (SPY)
AUM6.67B
RegionAsia-Pacific
Expense Ratio0.19%
Beta0.72
IssuerJPMorgan
Inception DateAug 07, 2018
Dividend Yield3.55%
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. Volume210,001
30 Day Avg. Volume254,803
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
66.71Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering91
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
BBAX Summary
BBAX is the JPMorgan BetaBuilders Developed Asia ex-Japan ETF, which tracks the Morningstar Developed Asia Pacific ex-Japan Target Market Exposure Index. It invests in a wide mix of companies from developed Asian markets like Australia, Hong Kong, and Singapore, with a big focus on banks and financial firms. Well-known holdings include BHP Group and Commonwealth Bank of Australia. Investors might consider BBAX to diversify beyond the U.S. and gain broad exposure to developed Asian economies in a single fund. A key risk is that it can rise or fall with the stock markets in these countries, especially their financial sectors.
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 leaning heavily on big Australian and Singaporean financials, with names like Commonwealth Bank, DBS, OCBC, and Westpac doing much of the heavy lifting as their shares keep rising and add a steady tailwind to the fund. BHP is also pulling its weight, helped by firmer materials markets. On the flip side, National Australia Bank has been lagging, acting like a small anchor on an otherwise buoyant banking basket, while AIA’s mixed performance in Hong Kong adds some wobble. Overall, it’s a developed Asia play dominated by banks and miners across Australia, Singapore, and Hong Kong.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| BHP Group Ltd | 9.49% | $633.08M | AU$301.64B | 63.76% | 68 Neutral | |
| Commonwealth Bank of Australia | 9.39% | $626.63M | AU$298.88B | 0.94% | 64 Neutral | |
| DBS Group Holdings | 5.22% | $347.85M | S$210.03B | 49.27% | 78 Outperform | |
| AIA Group | 4.70% | $313.28M | HK$806.00B | 7.65% | 72 Outperform | |
| Westpac Banking | 4.08% | $272.13M | AU$129.87B | 22.54% | 69 Neutral | |
| National Australia Bank Limited | 3.96% | $263.92M | AU$128.11B | 9.55% | 64 Neutral | |
| ANZ Group Holdings | 3.51% | $233.93M | AU$112.13B | 31.56% | 70 Outperform | |
| OCBC | 3.27% | $217.86M | S$130.02B | 57.35% | 71 Outperform | |
| Wesfarmers Limited | 3.17% | $211.76M | AU$101.29B | 14.93% | 68 Neutral | |
| Macquarie Group Limited | 2.93% | $195.53M | AU$94.39B | 27.30% | 56 Neutral |
BBAX Technical Analysis
Positive
―
Price Trends
60.94
Positive
60.77
Positive
58.80
Positive
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BBAX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 61.71, equal to the 50-day MA of 60.94, and equal to the 200-day MA of 58.80, indicating a bullish trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BBAX.
BBAX Peer Comparison
Comparison Results
Performance Comparison
BBAX
JPMorgan BetaBuilders Developed Asia ex-Japan ETF
64.55
12.09
23.05%
DXJ
WisdomTree Japan Hedged Equity Fund
―
―
―
INDA
iShares MSCI India ETF
―
―
―
MCHI
iShares MSCI China ETF
―
―
―
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.
DisclaimerThis 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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