J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders Emerging Markets Equity ETF (BBEM) is an exchange-traded fund that seeks investment results corresponding to the Morningstar Emerging Markets Target Market Exposure Index, a free-float adjusted market capitalization-weighted index of large- and mid-cap equity securities from emerging market countries representing the top 85% of the investable universe by float-adjusted market capitalization. The fund employs a representative sampling investment approach to replicate the index characteristics, investing at least 80% of its assets in securities included in the underlying index; it provides diversified exposure across sectors such as information technology (26.0%), financials (21.7%), consumer discretionary (12.5%), and communication services (8.9%), with top holdings including Taiwan Semiconductor (10.8%), Tencent Holdings Ltd (4.6%), and Alibaba Group Holding (3.4%). Geographically, the fund focuses on emerging markets including Asia ex-China (52.9%), China (26.4%), EMEA (12.0%), and LATAM (6.8%), targeting institutional and retail investors seeking emerging markets equity exposure.
Launched on May 10, 2023, BBEM is part of the J.P. Morgan Exchange-Traded Fund Trust, managed by J.P. Morgan Investment Management Inc., and domiciled in the United States with headquarters aligned to J.P. Morgan Asset Management in New York. The fund's net expense ratio stands at 0.15%, with assets under management reaching approximately $722 million as of November 30, 2025, and a 12-month rolling dividend yield of 2.87%. It trades on the Cboe BZX Exchange under the ticker BBEM (CUSIP: 46654Q807).
Recent developments include strong performance with a one-year total return of 26.77% at NAV as of November 30, 2025, and a year-to-date return of 28.31%, amid growing institutional interest such as JPMorgan Chase & Co. increasing its position by 45.5% to over 16.8 million shares in the first quarter of 2025. The fund earned a Morningstar Bronze Medalist Rating as of October 31, 2025, reflecting positive evaluations of its people, parent organization, and process . No major acquisitions, partnerships, or structural reorganizations specific to BBEM have been reported in the last 1-2 years, though the broader J.P. Morgan ETF platform has seen related reorganizations of other funds into ETF structures during 2025.