BBMC
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
📎 Investment Objective
The JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Morningstar US Mid Cap Index.
Overview
ETF tracking JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Morningstar US Mid Cap Index.
🎯 Investment Strategy
The ETF employs a passive management (or index-tracking) strategy, investing in a representative sample of securities included in the underlying index in order to seek to track its performance.
✨ Key Features
- Provides broad exposure to the U.S. mid-cap equity market
- Passively managed to track the Morningstar US Mid Cap Index
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Market risk: The value of the fund's shares will fluctuate with changes in the value of the securities it holds
- Tracking error risk: The fund may not perfectly track the underlying index
- Concentration risk: The fund's performance may be more volatile due to its focus on mid-cap stocks
- Liquidity risk: Mid-cap stocks may be less liquid than large-cap stocks
👤 Best For
This ETF may be suitable for investors seeking broad exposure to the U.S. mid-cap equity market as part of a diversified portfolio. Due to the fund's limited performance history, it may be more appropriate for investors with a longer-term investment horizon.