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BBCA - ETF AI Analysis
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JPMorgan BetaBuilders Canada ETF (BBCA)
Rating:74Outperform
Price Target:―
Positive Factors
Large Asset Base
The ETF manages a very large pool of assets, which can support liquidity and trading efficiency for investors.
Low Expense Ratio
The fund charges a relatively low fee, so less of your return is eaten up by costs over time.
Broad Sector Exposure Within Canada
Holdings spread across financials, materials, energy, industrials, technology, and other sectors help reduce the impact if any one Canadian industry struggles.
Negative Factors
Heavy Tilt Toward Financials
A large share of the portfolio is in financial companies, so weakness in Canadian banks or financials could hurt the fund more than a more balanced ETF.
Top Holdings With Weak Recent Performance
Several of the largest positions, including major banks and a leading technology stock, have shown weak year-to-date performance, which can drag on overall returns.
Concentrated in Canadian Market
Despite some U.S. exposure, the fund is primarily tied to Canadian companies, so it may be heavily affected by economic or market issues specific to Canada.
BBCA vs. SPDR S&P 500 ETF (SPY)
AUM9.82B
RegionNorth America
Expense Ratio0.19%
Beta0.59
IssuerJPMorgan
Inception DateAug 07, 2018
Dividend Yield1.8%
Asset ClassEquity
Index TrackedMorningstar Canada Target Market Exposure Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume655,054
30 Day Avg. Volume282,476
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
105.49Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering76
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
BBCA Summary
JPMorgan BetaBuilders Canada ETF (BBCA) is an exchange-traded fund that aims to track the Morningstar Canada Target Market Exposure Index, giving you broad exposure to the Canadian stock market. It holds many types of companies, with a big focus on banks, energy, and materials. Well-known holdings include Royal Bank of Canada and Shopify. Someone might invest in BBCA to diversify into Canada’s economy in a single, simple investment, with both large, stable firms and some growth names. A key risk is that the fund can rise or fall with the Canadian stock market and its heavy exposure to financial and resource companies.
How much will it cost me?The JPMorgan BetaBuilders Canada ETF (BBCA) has an expense ratio of 0.19%, which means you’ll pay $1.90 per year for every $1,000 invested. This is lower than average because it’s passively managed, aiming to track the performance of the Canadian stock market rather than actively selecting stocks.
What would affect this ETF?The JPMorgan BetaBuilders Canada ETF (BBCA) could benefit from positive trends in the Canadian financial sector, which makes up a significant portion of its holdings, as well as growth in technology and energy industries driven by innovation and global demand. However, it may face challenges from fluctuating commodity prices affecting the energy and materials sectors, or economic pressures such as rising interest rates that could impact financial institutions and consumer spending. Regulatory changes in Canada or global economic instability could also influence the ETF's performance.
BBCA Top 10 Holdings
BBCA is very much a Canada story, with big banks and resource names steering the ship. Royal Bank of Canada and TD are key drivers, recently showing steady to rising momentum after a softer start to the year, while Bank of Montreal and Bank of Nova Scotia add more fuel to the financials-heavy mix. On the flip side, Shopify has been losing steam, acting as a noticeable drag. Miners like Agnico Eagle and Barrick are rising and helping offset tech weakness, leaving the fund firmly anchored in Canadian financials and commodities.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Royal Bank Of Canada | 8.47% | $830.84M | $238.10B | 42.81% | 75 Outperform | |
| Toronto Dominion Bank | 5.83% | $571.49M | $162.94B | 66.80% | 74 Outperform | |
| Shopify | 4.79% | $470.19M | $145.96B | -4.56% | 77 Outperform | |
| Enbridge | 3.91% | $383.82M | C$149.94B | 13.20% | 69 Neutral | |
| Bank Of Montreal | 3.59% | $352.63M | C$137.16B | 42.31% | 74 Outperform | |
| Agnico Eagle | 3.38% | $331.71M | $98.66B | 99.90% | 80 Outperform | |
| Bank Of Nova Scotia | 3.34% | $327.62M | $94.22B | 49.98% | 77 Outperform | |
| Canadian Bank of Commerce | 3.14% | $308.35M | C$122.41B | 55.23% | 74 Outperform | |
| Brookfield Corporation | 2.96% | $290.30M | $111.69B | 13.96% | 65 Neutral | |
| Canadian Natural | 2.76% | $270.54M | C$111.24B | 28.70% | 81 Outperform |
BBCA Technical Analysis
Positive
―
Price Trends
93.13
Positive
89.81
Positive
84.47
Positive
Market Momentum
0.38
Positive
51.90
Neutral
25.19
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BBCA, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 95.00, equal to the 50-day MA of 93.13, and equal to the 200-day MA of 84.47, indicating a neutral trend. The MACD of 0.38 indicates Positive momentum. The RSI at 51.90 is Neutral, neither overbought nor oversold. The STOCH value of 25.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BBCA.
BBCA Peer Comparison
Comparison Results
Performance Comparison
BBCA
JPMorgan BetaBuilders Canada ETF
94.68
22.33
30.86%
ONEQ
Fidelity Nasdaq Composite Index ETF
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CGUS
Capital Group Core Equity ETF
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―
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AKRE
Akre Focus ETF
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EWC
iShares MSCI Canada ETF
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FLCA
Franklin FTSE Canada ETF
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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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