BBRE

JPMorgan BetaBuilders MSCI U.S. REIT ETF
*Unless otherwise stated, data provided by FactSet.

BBRE Fund Description

BBRE tracks a market-cap-weighted index of small-, mid-, and large-cap companies involved in the ownership or management of US real estate.

BBRE Factset Analytics Insight

BBRE launched tracking an index that was formerly tracked by a popular real estate ETF from Vanguard, VNQ. In early 2018, Vanguard began transitioning their product to a broader index. BBRE offered investors with an option to maintain the previous REIT-only exposure. The fund did a good job of capturing the US REIT market, albeit as an uncapped version of its present index, the fund placed greater emphasis on commercial REITs then our chosen benchmark. To meet diversification requirements, on November 30, 2020, the fund switched to tracking a capped version, such that the aggregate weight of issuers with over 4.75% weight in the index are capped at 24% weight of the portfolio. Like all real estate ETFs, BBRE’s distributions are taxed as ordinary income.

BBRE MSCI ESG Analytics Insight

JPMorgan BetaBuilders MSCI U.S. REIT ETF has an MSCI ESG Fund Rating of BB based on a score of 2.99 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. JPMorgan BetaBuilders MSCI U.S. REIT ETF ranks in the 4th percentile within its peer group and in the 24th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 03/02/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BBRE 2.70% 6.86% 4.83% 3.87% -- -- --
BBRE (NAV) 1.39% 6.62% 3.93% -0.69% -- -- --
MSCI US REIT Custom Capped Index -- -- -- -- -- -- --
Thomson Reuters US Residential & Commercial REITs -0.48% 4.29% 2.09% -2.45% 9.94% 7.52% 8.76%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BBRE Summary Data

JPMorgan
06/15/18
Open-Ended Fund
0.11%
$948.86M
$4.57M
0.07%

BBRE Portfolio Data

$22.21B
64.70
2.11
3.05%
03/23/21
134

BBRE Index Data

MSCI US REIT Custom Capped Index
Market Cap
Market Cap
Thomson Reuters US Residential & Commercial REITs

BBRE Portfolio Management

0.11%
0.03%
0.05%
-0.09%

BBRE Tax Exposures

20.00% / 39.60%
0.07%
Ordinary income
No

BBRE Fund Structure

Open-Ended Fund
No
Yes
No Policy
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

BBRE Factset Analytics Block Liquidity

As of 03/03/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of BBRE. BBRE is rated a 5 out of 5.

BBRE Tradability

57,451
$4.57M
23,906
$1.95M
0.07%
$0.06
0.00%
0.72% / -0.35%
None
100.00%
25,000
0.96
0.03%
0.04%
0
$82.30
5

BBRE Sector/Industry Breakdown


BBRE
Segment Benchmark
53.41%
39.07%
28.12%
46.37%
17.44%
12.89%
1.02%
0.86%

BBRE Countries


BBRE
Segment Benchmark
100.00%
100.00%

BBRE Regions


BBRE
Segment Benchmark
100.00%
100.00%

BBRE Economic Development


BBRE
Segment Benchmark
100.00%
100.00%

BBRE Performance Statistics

0.98
1.04
1.01
1.05
0.38%
Thomson Reuters US Residential & Commercial REITs

BBRE MSCI ESG Ratings

2.99 / 10
24.14
4.16
0.98%
15.49%
118.59

BBRE Benchmark Comparison Holdings

134
169
128
73.13%

BBRE Benchmark Comparison Summary


BBRE
Segment Benchmark
134
169
$22.21B
$30.91B
64.70
129.90
2.11
2.36
4.01%
3.98%
Medium
Medium

BBRE Benchmark Comparison Market Cap Size


BBRE
Segment Benchmark
56.61%
61.95%
34.26%
29.85%
8.77%
7.89%
0.36%
0.32%