Jpmorgan Betabuilders U.S. Tips 0-5 Year ETF (BBIP)
Jpmorgan Betabuilders U.S. Tips 0-5 Year ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $98.22, up 0.02% on the session, giving a market capitalisation of $1.5M. Its beta of 0.06 implies it has historically moved less than the broad market.
This fund aims to closely track the financial performance of a specific benchmark index, before accounting for any associated fees or expenses. This index monitors U.S. dollar-denominated government bonds, which are publicly issued by the United States government within its own market. A key characteristic of these debt instruments is that their interest and principal payments are adjusted for inflation. Furthermore, all securities included in the index have a remaining maturity period of five years or less. To achieve its objective, the fund commits to investing a minimum of 80% of its total assets directly into the securities that constitute this underlying index.
Jpmorgan Betabuilders U.S. Tips 0-5 Year ETF is most often compared with the following Financial Services names: