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BBRE

GradeAChicago Board Options Exchange

JPMorgan BetaBuilders MSCI US REIT ETF

Sectors · J.P. Morgan · Inception 2018-06-15 · SEC filings

$101.31−0.99 (−0.97%)

As of Sep 23, 2026, 3:10 PM EDT

Intraday session: down, 69 prints from 102.30 to 101.31. Range 101.22 to 102.04. Use the arrow keys to read each point.$101.20$101.60$101.80$102.0010 AM12 PM2 PM4 PM
Expense ratio
0.11%
Fund size
$1.2B
1Y return
+10.7%
Yield · Last 12 months
2.78%
Holdings
103
Volume · 30D
0M sh
NAV per share
$102.27
52W range
low $91.82high $113.40

The ETF.net BBRE Grade

A

70/ 100

Rank 8 of 22 in US Real Estate

Confidence High

Six-pillar profile for BBRE. Scores out of 100: Cost 81, Risk 54, Mission 100, Tradability 33, Holdings 57, Durability 49. Strongest: Mission (100). Weakest: Tradability (33). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 70 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 81
    Category rank5/22 · top 23%
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank1/15 · top 7%
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 54
    Category rank9/21 · top 43%
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 33
    Category rank16/22 · mid-pack
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 57
    Category rank13/22 · mid-pack
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 49
    Category rank14/22 · mid-pack

Graded as of Sep 22, 2026

Our read on BBRE

ETF.net Research

AA no-frills way to own the MSCI US REIT index: about 100 US landlords for 0.11% a year, roughly a third of what the typical real estate ETF charges, with tracking that has stayed tight to the benchmark.

Stated mandate

The Fund seeks to track, before fees and expenses, the performance of the MSCI US REIT.

Why people hold it

  1. 010.11% a year versus a category median near 0.37%. On fees it sits well under the average real estate fund without doing anything clever to get there.
  2. 02The mandate is simple: match the MSCI US REIT index before fees. It has tracked that benchmark about as tightly as anything in its peer group.
  3. 03About 100 REITs in one line item, with distributions paid quarterly. Rent collection, outsourced.
  4. 04Running since 2018 with a billion-dollar-plus asset base behind it, so this is an established fund rather than a launch still finding its footing.

Worth knowing

  1. 01It trades lighter than the category's household names like VNQ and SCHH, so spreads can matter more, particularly in size or in a fast market.
  2. 02A few rivals shave the fee further: SCHH at 0.07%, USRT and FREL at 0.08%. The gap is small in basis points but it is real.
  3. 03One sector, roughly 100 companies. When the property cycle turns, there is no other corner of the fund to cushion it.

BBRE Holdings

As of Sep 21, 2026, 6:54 PM
Asset class
Stocks
Holdings
103
Top-10 weight
52%
Largest holding
WELL12.1%

Sectors

  • Real Estate100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 7.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001WELLWELLTOWER INC12.09%642,790$147M331
002PLDPROLOGIS INC REIT USD9.42%849,818$115M344
003EQIXEQUINIX INC REIT USD4.49%53,490$55M355
004DLRDIGITAL REALTY TRUST INC4.48%299,521$55M309
005SPGSIMON PROPERTY GROUP INC4.36%258,145$53M312
006PSAPUBLIC STORAGE REIT USD4.06%166,678$49M288
007OREALTY INCOME CORP REIT3.81%818,887$46M281
008EQRVIVMARK RESIDENTIAL REIT3.61%717,740$44M172
009VTRVENTAS INC REIT USD 0.253.09%433,542$38M291
010IRMIRON MOUNTAIN INC REIT2.80%298,034$34M259
011EXREXTRA SPACE STORAGE INC2.40%213,982$29M252
012VICIVICI PROPERTIES INC REIT2.08%1,065,852$25M281
013ESSESSEX PROPERTY TRUST INC1.51%67,907$18M248
014KIMKIMCO REALTY CORP REIT1.33%717,579$16M229
015HSTHOST HOTELS & RESORTS1.32%735,925$16M258

Showing 1–15 of 105 holdings

BBRE Performance

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

BBRE$11,068
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. BBRE $11,068. SPY $11,723. Use the arrow keys to read each point.$9,315$10,880$12,445Sep 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 BBRE. Periods over one year show the average yearly return.
PeriodBBRE
Year to date+11.7%
1 month−5.7%
3 months−3.1%
1 year+10.7%
3 years+12.2%per year
5 years+3.5%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 BBRE
YearReturn barBBRE
2026 YTD+11.7%
2025+2.1%
2024+8.2%
2023+13.9%
2022−24.7%
2021+43.0%
2020−7.6%

BBRE in the news

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

BBRE 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.
2.78%Last 12 months
Payout per share
$2.84Last 12 months
Last payment
$0.68 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2018–2026

One bar per payment. 33 payments from 2018 to 2026 YTD. Sep 25, 2018 $0.72; Dec 24, 2018 $0.69; Mar 20, 2019 $0.34; Jun 25, 2019 $0.47; Sep 24, 2019 $0.43; Dec 23, 2019 $0.67; Dec 30, 2019 $0.03; Mar 24, 2020 $0.36; Jun 23, 2020 $0.63; Sep 22, 2020 $0.56; Dec 22, 2020 $0.97; Mar 23, 2021 $0.17; Jun 22, 2021 $0.29; Sep 21, 2021 $0.66; Dec 21, 2021 $0.77; Mar 22, 2022 $0.23; Jun 21, 2022 $0.44; Sep 20, 2022 $0.78; Dec 20, 2022 $0.70; Mar 21, 2023 $0.76; Jun 20, 2023 $0.87; Sep 19, 2023 $0.73; Dec 19, 2023 $0.94; Mar 19, 2024 $0.54; Jun 25, 2024 $0.80; Sep 24, 2024 $0.72; Dec 24, 2024 $0.93; Mar 25, 2025 $0.51; Jun 24, 2025 $0.74; Sep 23, 2025 $0.73; Dec 23, 2025 $1.02; Mar 24, 2026 $0.41; Jun 23, 2026 $0.68. Use the arrow keys to read each point.201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 23, 2026Jun 25, 2026$0.68
Mar 24, 2026Mar 26, 2026$0.41
Dec 23, 2025Dec 26, 2025$1.02
Sep 23, 2025Sep 25, 2025$0.73
Jun 24, 2025Jun 26, 2025$0.74
Mar 25, 2025Mar 27, 2025$0.51
Dec 24, 2024Dec 27, 2024$0.93
Sep 24, 2024Sep 26, 2024$0.72
Jun 25, 2024Jun 27, 2024$0.80
Mar 19, 2024Mar 22, 2024$0.54
Dec 19, 2023Dec 22, 2023$0.94
Sep 19, 2023Sep 22, 2023$0.73

BBRE Risk

How much the fund’s monthly returns vary, scaled to a year.
16.5%
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.
0.47
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.
−31.1%
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.
0.96
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.

BBRE Cost

Expense ratio0.11%
  • The middle half of US Real Estate funds
  • Median 0.35%

4 of the 21 US Real Estate funds charge less.

BBRE costs $11.00 a year on $10,000. The median US Real Estate fund costs $35.00.