ETF Evaluator:
JPMorgan BetaBuilders Dev APAC ex-JpnETF ()
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(as of Aug 26)
Best Performing in Pacific/Asia ex-Japan Stk Over the Last Year
| 64.9% | iShares Asia 50 ETF (AIA) |
| 49.0% | Matthews Asia Innovators Active ETF (MINV) |
| 37.1% | Matthews Pacific Tiger Active ETF (ASIA) |
| 35.9% | Franklin FTSE Asia ex Japan ETF (FLAX) |
| 35.7% | iShares MSCI Emerging Markets Asia ETF (EEMA) |
Risk
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ETF Details
JPMorgan BetaBuilders Dev APAC ex-JpnETF Overview
JPMorgan BetaBuilders Dev APAC ex-JpnETF (BBAX) is a passively managed International Equity Pacific/Asia ex-Japan Stk exchange-traded fund (ETF). JPMorgan launched the ETF in 2018.
The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Morningstar® Developed Asia Pacific ex-Japan Target Market Exposure IndexSM.
The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index targets 85% of the stocks traded on the primary exchanges in each country or region by market capitalization, and primarily includes large-and mid-cap companies.
About JPMorgan BetaBuilders Dev APAC ex-JpnETF (BBAX)
There are 4 members of the management team with an average tenure of 4.46 years: Michael Loeffler (2018), Nicholas D’Eramo (2018), Todd McEwen (2025) and David Robinson (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: Morningstar Dev APAC xJpn TME NR USD index with a weighting of 100%. JPMorgan BetaBuilders Dev APAC ex-JpnETF has 101 securities in its portfolio. The top 10 holdings constitute 49.5% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
JPMorgan BetaBuilders Dev APAC ex-JpnETF is part of the Equity global asset class and is within the International Equity ETF group. JPMorgan BetaBuilders Dev APAC ex-JpnETF has 99.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.2% There is 99.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). JPMorgan BetaBuilders Dev APAC ex-JpnETF has 0.4% of the portfolio in cash.
Assets Under Management
The fund has $6 billion in total assets, which is above the $1 billion average for the Pacific/Asia ex-Japan Stk category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
BBAX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The JPMorgan BetaBuilders Dev APAC ex-JpnETF expense ratio is low compared to funds in the Pacific/Asia ex-Japan Stk category. JPMorgan BetaBuilders Dev APAC ex-JpnETF has an expense ratio of 0.19%, which is 67% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. JPMorgan BetaBuilders Dev APAC ex-JpnETF has a portfolio turnover rate of 4%, which indicates that it holds its assets around / 0.3 years. By way of comparison, the average portfolio turnover is 36% for the Pacific/Asia ex-Japan Stk category.
Recently, in the month of July 2026, JPMorgan BetaBuilders Dev APAC ex-JpnETF returned 6.5%, which earned it a grade of A, as the Pacific/Asia ex-Japan Stk category had an average return of -2.7%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
JPMorgan BetaBuilders Dev APAC ex-JpnETF has a trailing yield of 3.53%, which is above the 2.18% category average.
The fund normally distributes its income quarterly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
JPMorgan BetaBuilders Dev APAC ex-JpnETF Grades
Year to date, the ETF has returned 15.2%, 5.3 percentage points worse than the category, which translates into a grade of D. The fund has returned 21.2% over the past year (grade of D), 12.9% over the past three years (grade of F) and 6.9% per year over the past five years (grade of D).
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BBAX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| BBAX Return (NAV) | 6.5% | 3.8% | 21.2% | 12.9% | 6.9% | na |
| BBAX Return (Price) | 6.4% | 3.4% | 21.0% | 12.9% | 6.7% | na |
| NAV +/- Price Return | 0.110% | 0.384% | 0.147% | 0.025% | 0.145% | na |
| Pacific/Asia ex-Japan Stk Avg | -2.7% | 3.8% | 33.3% | 19.0% | 8.7% | 9.2% |
| BBAX Grade (NAV) | A | B | D | F | D | na |
| +/- Category (NAV) | 9.1% | -0.0% | -12.2% | -6.1% | -1.8% | na |
| BBAX Tax-Cost Ratio | na | na | 1.6% | 1.6% | 1.9% | na |
BBAX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| BBAX Return (NAV) | 15.2% | 20.7% | 1.7% | 5.6% | -4.4% | 5.4% | 8.2% | 18.4% | na | na | na |
| BBAX Return (Price) | 15.1% | 20.2% | 2.5% | 5.6% | -4.8% | 5.5% | 7.9% | 18.7% | na | na | na |
| NAV +/- Price Ret | -0.009% | -0.026% | 0.463% | -0.003% | 0.092% | 0.025% | -0.038% | 1.3% | na | na | na |
| Pacific/Asia ex-Japan Stk Avg | 20.5% | 29.1% | 10.8% | 6.1% | -14.2% | 0.3% | 16.8% | 16.6% | -14.0% | 37.0% | 6.5% |
| BBAX Grade (NAV) | D | F | F | D | A | A | D | B | na | na | na |
| +/- Category | -5.3% | -8.4% | -9.1% | -0.5% | 9.8% | 5.0% | -8.6% | 1.9% | na | na | na |
| Risk Measures | |
| Beta: | 0.85 |
| R-Squared: | 65% |
| Standard Deviation: | 14.6% |
| Category Risk Index: | 0.82 |
| Category Risk Rating: | Below Average |
| Total Risk Index: | 1.19 |
| Total Risk Rating: | Average |
| Portfolio Characteristics | |
| Yield: | 3.5% |
| Total Assets: | $ 6,728 Mil |
| Share Class Assets: | $ 6,728 Mil |
| Turnover: | 4.0% |
| Expense Ratio: | 0.19% |
| Index Fund: | Yes |
| Index Tracked: | Morningstar Dev APAC xJpn TME NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 8.0 years | |||
| Average Tenure: 4.5 years | |||
| Managers (Year): Loeffler Michael (2018), D’Eramo Nicholas (2018), McEwen Todd (2025), Robinson David (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 101 |
| % in Top 10 Holdings: | 49.5% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 99.4% |
Portfolio Allocation |
|
| Domestic Stock: | 0.2% |
| Foreign Stock: | 99.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.4% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | JPMorgan |
| Phone Number: | 844-457-6383 |
| Website: | jpmorganfunds.com |
| Inception Date: | August 7, 2018 |
Expenses and Fees
| Expense Ratio (%): | 0.19% (Rating: Low) |
| Category Average Expense Ratio (%): | 0.57% |
