ETF Evaluator:
JPMorgan BetaBuilders US Sml Cp Eq ETF ()
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(as of Aug 26)
Best Performing in Small Blend Over the Last Year
| 55.4% | Invesco NASDAQ Future Gen 200 ETF (QQQS) |
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| 43.8% | Fidelity Enhanced Small Cap Core ETF (FESM) |
| 38.9% | Inspire Small/Mid Cap ETF (ISMD) |
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ETF Details
JPMorgan BetaBuilders US Sml Cp Eq ETF Overview
JPMorgan BetaBuilders US Sml Cp Eq ETF (BBSC) is a passively managed U.S. Equity Small Blend exchange-traded fund (ETF). JPMorgan launched the ETF in 2020.
The investment seeks investment results that closely correspond, before fees and expenses, to the performance of the Morningstar ®US Small Cap Target Market Exposure Extended IndexSM.
The fund will invest at least 80% of its assets in securities included in the index and at least 80% of its assets in the securities of small-capitalization companies. The index consists of equity securities primarily traded in the United States and targets those securities that fall between the 95th and 99th percentiles in market capitalization of the free float adjusted investable universe.
About JPMorgan BetaBuilders US Sml Cp Eq ETF (BBSC)
There are 4 members of the management team with an average tenure of 3.32 years: Michael Loeffler (2020), Nicholas D'Eramo (2020), Todd McEwen (2025) and David Robinson (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: Morningstar US Market TR USD index with a weighting of 100% and Morningstar US Small TME Ext TR USD index with a weighting of 100%. JPMorgan BetaBuilders US Sml Cp Eq ETF has 859 securities in its portfolio. The top 10 holdings constitute 4.6% 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 US Sml Cp Eq ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. JPMorgan BetaBuilders US Sml Cp Eq ETF has 1.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 97.3% There is 1.6% 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 US Sml Cp Eq ETF has 1.2% of the portfolio in cash.
Assets Under Management
The fund has $696 million in total assets, which is below the $4 billion average for the Small Blend 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.
BBSC 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 US Sml Cp Eq ETF expense ratio is low compared to funds in the Small Blend category. JPMorgan BetaBuilders US Sml Cp Eq ETF has an expense ratio of 0.09%, which is 79% 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 US Sml Cp Eq ETF has a portfolio turnover rate of 25%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 50% for the Small Blend category.
Recently, in the month of July 2026, JPMorgan BetaBuilders US Sml Cp Eq ETF returned -2.9%, which earned it a grade of D, as the Small Blend category had an average return of -2.1%. 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 US Sml Cp Eq ETF has a trailing yield of 1.01%, which is below the 1.17% 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 US Sml Cp Eq ETF Grades
Year to date, the ETF has returned 20.4%, 2.4 percentage points better than the category, which translates into a grade of B. The fund has returned 34.0% over the past year (grade of A), 15.1% over the past three years (grade of B) and 7.9% per year over the past five years (grade of C).
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BBSC 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 |
|
| BBSC Return (NAV) | -2.9% | 6.9% | 34.0% | 15.1% | 7.9% | na |
| BBSC Return (Price) | -2.8% | 6.9% | 34.2% | 15.1% | 8.0% | na |
| NAV +/- Price Return | -0.094% | -0.013% | -0.249% | -0.027% | -0.028% | na |
| Small Blend Avg | -2.1% | 5.7% | 28.5% | 14.0% | 8.0% | 10.8% |
| BBSC Grade (NAV) | D | B | A | B | C | na |
| +/- Category (NAV) | -0.8% | 1.2% | 5.5% | 1.1% | -0.1% | na |
| BBSC Tax-Cost Ratio | na | na | 0.5% | 0.6% | 0.6% | na |
BBSC Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| BBSC Return (NAV) | 20.4% | 10.6% | 12.4% | 20.0% | -19.7% | 15.5% | na | na | na | na | na |
| BBSC Return (Price) | 20.7% | 10.4% | 12.3% | 20.1% | -19.8% | 15.4% | na | na | na | na | na |
| NAV +/- Price Ret | 0.013% | -0.016% | -0.006% | 0.001% | 0.002% | -0.008% | na | na | na | na | na |
| Small Blend Avg | 18.0% | 8.7% | 11.7% | 16.3% | -15.9% | 24.0% | 12.7% | 24.8% | -9.2% | 14.4% | 19.6% |
| BBSC Grade (NAV) | B | B | B | A | F | F | na | na | na | na | na |
| +/- Category | 2.4% | 1.8% | 0.7% | 3.7% | -3.8% | -8.4% | na | na | na | na | na |
| Risk Measures | |
| Beta: | 1.28 |
| R-Squared: | 63% |
| Standard Deviation: | 21.0% |
| Category Risk Index: | 1.15 |
| Category Risk Rating: | High |
| Total Risk Index: | 1.72 |
| Total Risk Rating: | High |
| Portfolio Characteristics | |
| Yield: | 1.0% |
| Total Assets: | $ 696 Mil |
| Share Class Assets: | $ 696 Mil |
| Turnover: | 25.0% |
| Expense Ratio: | 0.09% |
| Index Fund: | Yes |
| Index Tracked: | Morningstar US Market TR 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: 5.7 years | |||
| Average Tenure: 3.3 years | |||
| Managers (Year): Loeffler Michael (2020), D'Eramo Nicholas (2020), McEwen Todd (2025), Robinson David (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 859 |
| % in Top 10 Holdings: | 4.6% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 1.6% |
Portfolio Allocation |
|
| Domestic Stock: | 97.3% |
| Foreign Stock: | 1.6% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.2% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | JPMorgan |
| Phone Number: | 844-457-6383 |
| Website: | jpmorganfunds.com |
| Inception Date: | November 16, 2020 |
Expenses and Fees
| Expense Ratio (%): | 0.09% (Rating: Low) |
| Category Average Expense Ratio (%): | 0.42% |
