BBEU

JPMorgan BetaBuilders Europe ETF

$70.97
+0.00%
Market closed. Last update: 12:31 PM ET

📎 Investment Objective

The JPMorgan BetaBuilders Europe ETF (BBEU) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Morningstar Developed Europe Target Market Exposure Index.

Overview

ETF tracking JPMorgan BetaBuilders Europe ETF

Category Currency
Issuer Other
Inception Date 2018-06-18
Market Cap $4.3B
Average Volume N/A
Dividend Yield 3.36%
52-Week Range $55.22 - $72.13
VWAP $70.95

Performance

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Investment Summary

📎 Investment Objective

The JPMorgan BetaBuilders Europe ETF (BBEU) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Morningstar Developed Europe Target Market Exposure Index.

🎯 Investment Strategy

The ETF invests primarily in a portfolio of equity securities included in the Morningstar Developed Europe Target Market Exposure Index, which is designed to provide exposure to large- and mid-cap stocks from developed European markets. The fund uses a passive, full-replication approach to track the index.

✨ Key Features

  • Broad exposure to developed European equity markets
  • Low-cost, passively managed index fund
  • Tracks the Morningstar Developed Europe Target Market Exposure Index
  • Suitable for investors seeking exposure to the European region

⚠️ Primary Risks

  • Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying securities
  • Currency risk: As the fund invests in non-U.S. securities, it is subject to risks associated with fluctuations in foreign currencies
  • Concentration risk: The fund's performance may be more volatile due to its focus on the European region
  • Tracking error risk: The fund may not perfectly track the performance of its underlying index

👤 Best For

The JPMorgan BetaBuilders Europe ETF may be suitable for long-term investors seeking broad exposure to developed European equity markets as part of a diversified portfolio. It may be particularly attractive for investors looking for a low-cost, passively managed option to gain exposure to the European region.