- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 383 Madison Avenue New York NY United States of America 10179
- IPO Date
- Jun 18, 2018
- Business
- JPMorgan BetaBuilders Europe ETF (BBEU) is an exchange-traded fund that seeks to provide investment results corresponding to the Morningstar Developed Europe Target Market Exposure Index, a free-float adjusted market capitalization-weighted index of stocks traded on primary exchanges in developed European countries; it employs a passive investment approach to replicate the index as closely as possible, holding approximately 389 large- and mid-cap equities across sectors including financials (23.7%), industrials (18.9%), consumer staples (9.5%), health care (13.6%), and others. The fund offers investors broad exposure to developed European equity markets, with top holdings such as ASML Holding NV (3.3%), SAP SE (2.1%), AstraZeneca PLC (2.1%), Nestle SA (2.0%), and HSBC Holdings PLC (2.0%); country allocations emphasize the United Kingdom (22.9%), France (14.7%), Germany (14.0%), Switzerland (13.9%), and the Netherlands (9.4%), among others. Launched on June 15, 2018, and domiciled in the United States with portfolio managers Nicholas D'Eramo, Michael Loeffler, and Todd McEwen, the ETF is issued by J.P. Morgan Exchange-Traded Fund Trust, an affiliate of JPMorgan Chase & Co., and trades on the Cboe BZX Exchange under the ticker BBEU with a net expense ratio of 0.09%. As of October 31, 2025, fund assets stand at $8.14 billion, reflecting strong inflows including recent net purchases that positioned BBEU among top ETF inflow performers alongside unorthodox strategies like JMUB. The ETF maintains a quarterly dividend payout with a 12-month rolling yield of 3.82% and a 30-day SEC yield of 3.11%, while portfolio characteristics include a price-to-earnings ratio of 15.80, price-to-book of 2.33, and weighted average market cap of $119.10 billion; no major acquisitions, partnerships, new product launches, or strategic shifts specific to BBEU have been reported in the last 1-2 years, with ongoing operations focused on index replication amid fluctuating institutional ownership adjustments.