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BBCA - ETF AI Analysis
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JPMorgan BetaBuilders Canada ETF (BBCA)
Rating:72Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several of the ETF’s largest positions, including Shopify and Toronto Dominion Bank, have delivered strong year-to-date performance, supporting overall returns.
Low Expense Ratio
The ETF charges a very low expense ratio compared to many other funds, making it cost-effective for investors.
Sector Diversification
The fund is spread across multiple sectors, with significant exposure to Financials, Energy, and Materials, reducing reliance on any single industry.
Negative Factors
High Financial Sector Concentration
Over 37% of the fund is allocated to the Financial sector, increasing vulnerability to downturns in banking and financial services.
Limited Geographic Exposure
The ETF is heavily focused on North America, with over 99% of its holdings in the U.S. and Canada, limiting exposure to global markets.
Recent Short-Term Underperformance
The ETF has experienced a slight decline over the past month, which could concern investors looking for consistent short-term gains.
BBCA vs. SPDR S&P 500 ETF (SPY)
AUM9.13B
RegionNorth America
Expense Ratio0.19%
Beta0.59
IssuerJPMorgan
Inception DateAug 07, 2018
Dividend Yield1.84%
Asset ClassEquity
Index TrackedMorningstar Canada Target Market Exposure Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume150,724
30 Day Avg. Volume221,630
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
100.11Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering72
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
BBCA Summary
The JPMorgan BetaBuilders Canada ETF (BBCA) is an investment fund that lets you own a piece of the Canadian stock market. It follows the Morningstar Canada Target Market Exposure Index, which includes a mix of large and small companies across industries like finance, energy, and technology. Some well-known companies in this ETF are Royal Bank of Canada and Shopify. People might invest in BBCA to diversify their portfolio and gain exposure to Canada’s stable economy and growth potential. However, since it focuses heavily on Canadian stocks, its performance can be affected by changes in Canada’s economy or specific sectors like finance and energy.
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
The JPMorgan BetaBuilders Canada ETF leans heavily on Canada’s financial sector, with banks like Royal Bank of Canada and Toronto Dominion Bank providing steady performance and driving much of the fund’s stability. Shopify, a standout in the tech sector, has been rising overall this year but recently faced bearish momentum, which could weigh on returns. Energy names like Enbridge are holding steady, while materials stock Agnico Eagle is shining with strong gains, adding a touch of sparkle to the fund. Overall, the ETF’s focus on Canada’s diverse economy offers a balanced mix of growth and resilience.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Royal Bank Of Canada | 8.24% | $757.46M | $214.81B | 22.19% | 75 Outperform | |
| Shopify | 7.28% | $669.17M | $194.41B | 32.13% | 74 Outperform | |
| Toronto Dominion Bank | 5.48% | $503.82M | $142.60B | 48.58% | 75 Outperform | |
| Enbridge | 4.03% | $370.07M | $106.61B | 12.75% | 72 Outperform | |
| Bank Of Montreal | 3.45% | $317.36M | C$124.52B | 30.58% | 74 Outperform | |
| Brookfield Corporation | 3.34% | $307.42M | $114.70B | 13.10% | 66 Neutral | |
| Agnico Eagle | 3.31% | $304.69M | $86.38B | 107.57% | 80 Outperform | |
| Bank Of Nova Scotia | 3.27% | $300.73M | $85.21B | 20.78% | 71 Outperform | |
| Canadian Bank of Commerce | 3.05% | $280.40M | C$110.88B | 32.98% | 77 Outperform | |
| Barrick Mining | 2.69% | $247.16M | $71.43B | 145.96% | 79 Outperform |
BBCA Technical Analysis
Positive
―
Price Trends
87.30
Positive
85.06
Positive
79.61
Positive
Market Momentum
0.65
Negative
60.88
Neutral
91.93
Negative
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 87.45, equal to the 50-day MA of 87.30, and equal to the 200-day MA of 79.61, indicating a bullish trend. The MACD of 0.65 indicates Negative momentum. The RSI at 60.88 is Neutral, neither overbought nor oversold. The STOCH value of 91.93 is Negative, 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
89.69
16.15
21.96%
PBUS
Invesco PureBeta MSCI USA ETF
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ONEQ
Fidelity Nasdaq Composite Index ETF
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CGUS
Capital Group Core Equity 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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