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BBAG

GradeAChicago Board Options Exchange

JPMorgan BetaBuilders U.S. Aggregate Bond ETF

Core US Bond · J.P. Morgan · Inception 2018-12-12 · SEC filings

$44.20−0.40 (−0.89%)

As of Sep 23, 2026, 3:06 PM EDT

Intraday session: down, 35 prints from 44.59 to 44.20. Range 44.15 to 44.51. Use the arrow keys to read each point.$44.30$44.40$44.5010 AM12 PM2 PM4 PM
Expense ratio
0.03%
Fund size
$1.0B
1Y return
−0.1%
Yield · Last 12 months
4.49%
Holdings
1584
Volume · 30D
0.1M sh
NAV per share
$44.58
52W range
low $44.37high $47.18

The ETF.net BBAG Grade

A

78/ 100

Rank 10 of 118 in US Aggregate Bond

Confidence High

Six-pillar profile for BBAG. Scores out of 100: Cost 95, Risk 43, Mission 100, Tradability 59, Holdings 66, Durability 72. Strongest: Mission (100). Weakest: Risk (43). Leans toward Mission and Cost.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 78 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 95
    Category rank5/118 · top 4%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank6/100 · top 6%
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 43
    Category rank70/117 · mid-pack
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 59
    Category rank42/118 · top 36%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 66
    Category rank44/117 · top 38%
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 72
    Category rank31/118 · top 26%

Graded as of Sep 22, 2026

Our read on BBAG

ETF.net Research

ACore US bond exposure for 0.03% a year. JPMorgan turned up late to the Agg price war in 2018 and came in at the floor, matching the fee charged by rivals many times its size.

Stated mandate

The fund seeks results that closely track the Bloomberg U.S. Aggregate Bond Index, which represents the U.S. investment-grade fixed-rate bond market.

Why people hold it

  1. 010.03% a year sits on the category's price floor, level with AGG, BND, SPAB and SCHZ and far below the typical core-bond fund.
  2. 02The whole job is hugging the Bloomberg U.S. Aggregate Bond Index, and it does that tightly: among the closer trackers in a crowded core-bond field.am.jpmorgan.com
  3. 03One line item covers roughly 1,700 investment-grade, fixed-rate US bonds. No issue picking, no maturity ladders to babysit.
  4. 04Distributions come monthly, not quarterly, so income lands on a steadier cadence.

Worth knowing

  1. 01Interest rates drive this thing. Broad investment-grade bonds lose price when yields rise, and the fund carries that exposure undiluted.
  2. 02Investment grade, fixed rate, US only. High-yield credit, floating-rate paper and foreign bonds sit outside the mandate by design.
  3. 03Smaller and less heavily traded than AGG and BND, so spreads can run wider. Limit orders matter more here than with the giants.

BBAG Holdings

As of Sep 21, 2026, 6:54 PM
Asset class
Bonds
Holdings
1,584
Top-10 weight
14%
Largest holding
JPMORGAN U.S. GOVERNMENT3.1%

Geography

  • United States92.45%
  • Canada1.64%
  • United Kingdom0.88%
  • Japan0.69%
  • Luxembourg0.51%
  • Mexico0.48%
  • Spain0.32%
  • Philippines0.32%
  • Other countries (22)2.71%
The fund’s holdings, weight-ordered — page 1 of 106.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001JPMORGAN U.S. GOVERNMENT3.09%32,700,126$33M26
002UNITED 3.875% 09/291.83%19,946,000$19M14
003UNITED STATES 4.25% 08/351.51%16,914,000$16M13
004UNITED STATES 3.5% 04/281.28%13,784,000$14M12
005UNITED STATES 2.75% 08/321.21%14,409,000$13M16
006UNITED STATES 3.5% 02/331.09%12,556,000$12M13
007UNITED STATES 3.5% 04/301.08%11,938,700$11M13
008UNITED 3.875% 08/331.05%11,788,000$11M9
009UNITED 4.875% 10/300.93%9,857,000$10M13
010UNITED 3.375% 05/330.90%10,446,000$10M11
011UNITED 3.625% 09/310.87%9,712,000$9M11
012UMBS MORTPASS 3% 06/520.84%10,636,619$9M2
013UNITED 3.625% 02/530.71%9,972,000$8M14
014UNITED STATES 4.5% 11/330.70%7,578,000$7M14
015UNITED STATES 3.75% 08/310.66%7,361,000$7M18

Showing 1–15 of 1588 holdings

BBAG Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

BBAG$9,991
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. BBAG $9,991. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for BBAG. Periods over one year show the average yearly return.
PeriodBBAG
Year to date−1.1%
1 month−0.8%
3 months−1.5%
1 year−0.1%
3 years+4.3%per year
5 years−0.6%per year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BBAG
YearReturn barBBAG
2026 YTD−1.1%
2025+7.3%
2024+1.3%
2023+5.4%
2022−13.3%
2021−1.8%
2020+7.1%

BBAG in the news

ETF.net Research hasn’t filed on BBAG yet — coverage lands here as it’s written.

BBAG Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
4.49%Last 12 months
Payout per share
$2.00Last 12 months
Last payment
$0.17 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 44 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.11; Mar 1, 2023 $0.12; Apr 3, 2023 $0.11; May 1, 2023 $0.14; Jun 1, 2023 $0.13; Jul 3, 2023 $0.12; Aug 1, 2023 $0.16; Sep 1, 2023 $0.16; Oct 2, 2023 $0.15; Nov 1, 2023 $0.15; Dec 1, 2023 $0.15; Dec 28, 2023 $0.16; Feb 1, 2024 $0.17; Mar 1, 2024 $0.16; Apr 1, 2024 $0.16; May 1, 2024 $0.16; Jun 3, 2024 $0.16; Jul 1, 2024 $0.16; Aug 1, 2024 $0.17; Sep 3, 2024 $0.16; Oct 1, 2024 $0.15; Nov 1, 2024 $0.16; Dec 2, 2024 $0.15; Dec 31, 2024 $0.17; Feb 3, 2025 $0.16; Mar 3, 2025 $0.15; Apr 1, 2025 $0.19; May 1, 2025 $0.16; Jun 2, 2025 $0.16; Jul 1, 2025 $0.17; Aug 1, 2025 $0.17; Sep 2, 2025 $0.17; Oct 1, 2025 $0.16; Nov 3, 2025 $0.16; Dec 1, 2025 $0.16; Dec 31, 2025 $0.18; Feb 2, 2026 $0.16; Mar 2, 2026 $0.16; Apr 1, 2026 $0.17; May 1, 2026 $0.17; Jun 1, 2026 $0.17; Jul 1, 2026 $0.17; Aug 3, 2026 $0.17; Sep 1, 2026 $0.17. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 3, 2026$0.17
Aug 3, 2026Aug 5, 2026$0.17
Jul 1, 2026Jul 6, 2026$0.17
Jun 1, 2026Jun 3, 2026$0.17
May 1, 2026May 5, 2026$0.17
Apr 1, 2026Apr 6, 2026$0.17
Mar 2, 2026Mar 4, 2026$0.16
Feb 2, 2026Feb 4, 2026$0.16
Dec 31, 2025Jan 5, 2026$0.18
Dec 1, 2025Dec 3, 2025$0.16
Nov 3, 2025Nov 5, 2025$0.16
Oct 1, 2025Oct 3, 2025$0.16

BBAG Risk

How much the fund’s monthly returns vary, scaled to a year.
5.6%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−0.08
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−17.8%
Trough Oct 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.00
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

BBAG Cost

Expense ratio0.03%
  • The middle half of US Aggregate Bond funds
  • Median 0.34%

No US Aggregate Bond fund charges less.

BBAG costs $3.00 a year on $10,000. The median US Aggregate Bond fund costs $34.00.