BBAX - ETF AI Analysis
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JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX)
BBAX, the JPMorgan BetaBuilders Developed Asia ex-Japan ETF, has a solid overall rating driven largely by strong financial and growth profiles in major holdings like DBS Group and CSL, which bring robust profitability, strategic expansion, and supportive valuations to the portfolio. Big positions in high-quality banks and insurers such as AIA and OCBC further support the fund, though weaker names like Macquarie, with higher leverage and mixed performance, slightly weigh on the rating. The main risk is the ETF’s heavy concentration in a small group of large financial and resource companies across developed Asia, which can increase sensitivity to sector-specific downturns.
BBAX vs. SPDR S&P 500 ETF (SPY)
- AUM
- 6.77B
- Region
- Asia-Pacific
- Expense Ratio
- 0.19%
- Beta
- 0.69
- Issuer
- JPMorgan
- Inception Date
- Aug 07, 2018
- Dividend Yield
- 3.76%
- Asset Class
- Equity
- Index Tracked
- Morningstar Developed Asia Pacific ex-Japan Target Market Exposure Index
BBAX Summary
BBAX is an ETF from JPMorgan that tracks the Morningstar Developed Asia Pacific ex-Japan Index, giving you broad exposure to developed Asian markets like Australia, Hong Kong, and Singapore while leaving out Japan. It holds many companies across sectors, with big positions in well-known names such as BHP Group and Commonwealth Bank of Australia. Investors might consider BBAX to diversify internationally and participate in the long-term growth of developed Asia without picking individual stocks. However, the fund is heavily tilted toward financial companies and can go up and down with the broader Asian markets.
How much will it cost me?
This ETF has an expense ratio of 0.19%, which means you’ll pay about $1.90 per year for every $1,000 you invest. That’s lower than the average ETF cost because BBAX is a passively managed fund that simply tracks an index instead of paying managers to pick individual stocks.
What would affect this ETF?
BBAX could benefit if developed Asia-Pacific economies grow steadily, supporting demand for banks and materials companies like BHP and major Australian and Singaporean financial institutions, and if regional trade and commodity markets remain strong. On the downside, rising interest rates, property market weakness, or tighter financial regulations could hurt its heavy financial and real estate exposure, while any slowdown in Australia, Hong Kong, or Singapore would weigh on the ETF’s overall performance.
BBAX Top 10 Holdings
BBAX is leaning heavily on big Australian and Singaporean banks, with names like Commonwealth Bank, Westpac, NAB, DBS, OCBC, ANZ, and Macquarie forming the core engine of returns. Lately, OCBC, DBS, ANZ, and Macquarie have been rising or showing renewed strength, helping to pull the fund forward, while Commonwealth Bank, Westpac, and AIA have been lagging and acting as a bit of a brake. BHP adds a materials tilt with mixed momentum. Overall, it’s a financials-heavy, developed Asia play, dominated by Australia, Singapore, and Hong Kong.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 AU:BHP | BHP Group Ltd | 9.35% | $632.74M | AUD 292.61B | 31.18% | 68Neutral |
 AU:CBA | Commonwealth Bank of Australia | 8.87% | $600.00M | AUD 278.72B | -2.23% | 64Neutral |
 DBSDF | DBS Group Holdings | ― | ― | ― | ― | 78Outperform |
 HK:1299 | AIA Group | 4.28% | $289.35M | HKD 780.14B | 3.01% | 72Outperform |
 AU:WBC | Westpac Banking | 4.05% | $273.93M | AUD 125.77B | -3.94% | 69Neutral |
 AU:NAB | National Australia Bank Limited | 4.02% | $272.26M | AUD 129.05B | -4.90% | 64Neutral |
 AU:ANZ | ANZ Group Holdings | 3.88% | $262.77M | AUD 122.95B | 10.72% | 70Outperform |
 SG:O39 | OCBC | 3.37% | $227.87M | SGD 131.63B | 71.89% | 71Outperform |
 CMXHF | CSL | ― | ― | ― | ― | 75Outperform |
 AU:MQG | Macquarie Group Limited | 2.91% | $197.12M | AUD 92.90B | 13.97% | 56Neutral |
BBAX Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For BBAX, the sentiment is Positive. The current price of 62.75 is above the 20-day moving average (MA) of 61.85, above the 50-day MA of 62.60, and above the 200-day MA of 60.91, indicating a bullish trend. The MACD of 0.10 indicates Negative momentum. The RSI at 57.79 is Neutral, neither overbought nor oversold. The STOCH value of 90.17 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BBAX.
BBAX Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| BBAX | $62.75 | $67.00(6.77% Upside) | $6.77B | 0.19% | 66Neutral |
 DXJ | $58.39 | $72.70(24.51% Upside) | $7.11B | 0.48% | 71Outperform |
 INDA | $47.72 | $57.10(19.66% Upside) | $5.81B | 0.61% | 66Neutral |
 MCHI | $49.07 | $69.82(42.29% Upside) | $5.49B | 0.59% | 58Neutral |
 FLJP | $39.59 | $51.78(30.78% Upside) | $4.31B | 0.09% | 70Outperform |
 EPP | $55.80 | $61.30(9.85% Upside) | $2.25B | 0.47% | 66Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| BBAX | JPMorgan BetaBuilders Developed Asia ex-Japan ETF | 62.75 | 8.42 | 15.51% | |
| DXJ | WisdomTree Japan Hedged Equity Fund | 58.39 | 13.63 | 30.46% | |
| INDA | iShares MSCI India ETF | 47.72 | -6.52 | -12.02% | |
| MCHI | iShares MSCI China ETF | 49.07 | -13.30 | -21.32% | |
| FLJP | Franklin FTSE Japan ETF | 39.59 | 5.55 | 16.29% | |
| EPP | iShares MSCI Pacific ex-Japan ETF | 55.80 | 5.97 | 11.98% |
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.