BBJP was created on 2018-06-15 by JPMorgan. The fund's investment portfolio concentrates primarily on total market equity. BBJP tracks a market cap-weighted index of Japanese large- and mid-cap stocks.
The JPMorgan BetaBuilders Japan ETF (BBJP) tracks a diversified index of large and mid-size Japanese companies at an excellent price. JPMorgan priced its BetaBuilders ETF lineup to compete with other low-cost providers of core portfolio building blocks. BBJP’s management fee is well below average for the category, and considerably lower than the iShares MSCI Japan ETF (EWJ), long the dominant fund in the space. BBJP has amassed significant assets since its 2018 debut and provides good daily liquidity. It offers broadly similar exposure to EWJ, and its lower cost makes BBJP a worthy alternative.