JPMorgan BetaBuilders Canada ETF (BBCA)
JPMorgan BetaBuilders Canada ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $106.57, up 0.45% on the session, giving a market capitalisation of $10.96B. Its beta of 0.86 implies it has historically moved less than the broad market.
BBCA provides neutral coverage of stocks primarily traded in the Toronto Stock Exchange. The funds Morningstar index provides similar sector coverage as our MSCI segment benchmark, though its exclusion of small-caps means it tilts slightly larger than the benchmark. The lack of small-caps in BBCA does not have significant effect on the fund's performance. The index includes 85% of this market and weighs companies based on free-float market capitalization. The Fund intends to replicate the index constituents as closely as possible. If this is not possible, the fund will use a representative sampling method instead. Rebalancing occurs quarterly while reconstitution occurs semi-annually.
JPMorgan BetaBuilders Canada ETF is most often compared with the following Financial Services names: