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Sunday, August 23, 2026The Morning Brief →Sign in

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

$128.71+0.82% today
10013052-WK

The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index consists of equity securities primarily traded in the United States and targets those securities that fall between the 85th and 95th percentiles in market capitalization of the free float adjusted investable universe.

Price & daily flows
123.5114.9106.3128.71DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET −$204M OVER THIS RANGE

The desk’s read

Money keeps arriving — +$77M of net buying over the past month, about 3.5% of the fund's asset base, while the price has returned +19.0% so far this year. At 0.070% a year it is not the cheapest way in — SCHD runs the same ground at 0.06%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$2.2Bassets under management
0.070%expense ratio · $7 per $10,000 a year
+$77Mnet flow, trailing month
10Kavg daily volume, 30 days
597holdings · US-domiciled
2020listed April 12, 2020 · beta 1.09
Sector weights
Consumer Discretionary20.1%
Finance19.89%
Industrials19.63%
Consumer Cyclical16.47%
Technology14.68%
Financial Services14.27%
Information Technology14.25%
Financials14.04%
Healthcare10.72%
Producer Manufacturing10.68%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States98.66%
Bermuda1.37%
Other1.11%
United Kingdom0.65%
Ireland0.44%
Cayman Islands0.22%
Sweden0.19%
India0.14%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-1.0%
1 month+4.1%
3 months+6.4%
6 months+11.6%
YTD+19.0%
1 year+24.5%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week+$64M
1 month+$77M
3 months−$7M
YTD−$155M
1 year−$204M

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
SepOctNovDecJanFebMarAprMayJunJulAug
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
15%realized volatility, 30 days (annualized)
17%realized volatility, 1 year
-9.9%deepest fall from a peak, 1 year
-1.0%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
calls today
puts today
put/call ratio
3Kshares traded
The case against BBMC

Due diligence cuts both ways. These funds sit on the same shelf and beat BBMC on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
IJH iShares Core S&P Mid-Cap ETF0.05%$128.4B+$547M-2bp on fee · 59× the assets · +$547M in over the monthHead-to-head
IMCB iShares Morningstar Mid-Cap ETF0.04%$1.7B+$15M-3bp on fee · +$15M in over the monthHead-to-head
VO Vanguard Mid Cap Index Fund0.04%$68.1B-3bp on fee · 31× the assetsHead-to-head
IMCG iShares Morningstar Mid-Cap Growth ETF0.06%$4.2B+$69M-1bp on fee · 2× the assets · +$69M in over the monthHead-to-head
IMCV iShares Morningstar Mid-Cap Value ETF0.06%$1.2B+$20M-1bp on fee · +$20M in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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