BBREJPMorgan BetaBuilders MSCI U.S. REIT ETF
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 3.76 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 11st percentile within its peer group and in the 31st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
BBRE MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
BBRE Summary Data
BBRE Portfolio Data
BBRE Index Data
BBRE Portfolio Management
BBRE Tax Exposures
BBRE Fund Structure
BBRE Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
BBRE Top 10 Holdings[View All]
BBRE Economic Development
BBRE Performance Statistics
BBRE MSCI ESG Ratings
BBRE Benchmark Comparison Summary
BBRE Benchmark Comparison Market Cap Size