What Is BBAX? JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF
Last updated July 2026
Short answer
BBAX is JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF, an ETF that tracks a Pacific ex-Japan equity index at a 0.19% expense ratio. BBAX tracks a Pacific ex-Japan equity index. It launched in 2018. It yields about 3.76%, enough that income is part of the reason people hold it. It charges 0.19%. It is concentrated: the ten largest positions are about 49% of the fund, led by BHP Group at 10.0%.
BBAX is issued by J.P. Morgan Asset Management and tracks a Pacific ex-Japan equity index. It charges a 0.19% expense ratio, holds approximately $6.2B in assets under management, yields about 3.76%, and launched in 2018.
What is BBAX?
BBAX is JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF, an ETF that tracks a Pacific ex-Japan equity index at a 0.19% expense ratio. BBAX tracks a Pacific ex-Japan equity index. It launched in 2018. It yields about 3.76%, enough that income is part of the reason people hold it. It charges 0.19%. It is concentrated: the ten largest positions are about 49% of the fund, led by BHP Group at 10.0%.
BBAX is issued by J.P. Morgan Asset Management and tracks a Pacific ex-Japan equity index, so a single ticker gives you the whole portfolio of underlying holdings weighted by the index's methodology rather than by any active stock-picking.
What does BBAX hold?
BBAX is weighted toward its largest constituents. As of August 2026, the top holdings are:
| Rank | Ticker | Company | % of BBAX | |
|---|---|---|---|---|
| 1 | BHP Group Ltd | 10.0% | ||
| 2 | Commonwealth Bank of Australia | 9.0% | ||
| 3 | DBS Group Holdings Ltd | 4.9% | ||
| 4 | AIA Group Ltd | 4.5% | ||
| 5 | Westpac Banking Corp | 3.9% | ||
| 6 | National Australia Bank Ltd | 3.8% | ||
| 7 | ANZ Group Holdings Ltd | 3.5% | ||
| 8 | Wesfarmers Ltd | 3.4% | ||
| 9 | Macquarie Group Ltd | 3.0% | ||
| 10 | Oversea-Chinese Banking Corp Ltd | 3.0% |
The remaining holdings make up the balance of the fund, with weights tapering off below the top names. Because the index reconstitutes on a rolling basis, the roster stays current without active management. Each ticker above links to its individual stock guide in Walnut.
How do I invest in BBAX?
There are three common ways to get BBAX exposure. Buy shares (or fractional shares) of BBAX directly at any major broker that lists it. Hold it as a core position and layer more concentrated ideas on top. Or build it into a thematic portfolio in Walnut, so BBAX sits alongside other holdings that express the same thesis, with target weights you can rebalance toward. BBAX trades like a stock during market hours, so you buy it the same way you would any listed share.
New to buying funds? See how to buy an ETF, step by step.
Is BBAX a good buy?
Whether BBAX is a good buy depends less on any single call and more on your time horizon and what you already hold: it tracks a Pacific ex-Japan equity index, so the real question is whether you want that exposure in your mix and at what weight. We walk through valuation, concentration, and what would have to be true for it to outperform from here in is BBAX a buy?
The bottom line on BBAX
BBAX gives you a Pacific ex-Japan equity index exposure in one ticker at a 0.19% expense ratio. Most investors use it as a core holding and layer more concentrated thematic portfolios on top.
More on BBAX
Whether BBAX is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, concentration, and what would have to be true for it to outperform from here in is BBAX a buy?
BBAX yields 3.76% as of August 2026, paid by passing through the dividends of its underlying holdings. For the payout schedule, history, and how the distributions are taxed, see BBAX dividend: yield and schedule.
New to funds like BBAX? Start with what an ETF is, then how to buy an ETF, or browse the full guide to ETF investing.
Wondering how BBAX fits the portfolio you already own? Walnut is an AI investing app that connects your brokerage read-only and answers questions like that about your actual holdings: overlap, concentration, and how each position tracks the S&P 500. Compare the best AI portfolio analyzers or see the best AI investing apps in 2026.
Investing in BBAX with AI
Connect the broker you already use and ask Walnut's AI how BBAX fits what you actually hold: what it overlaps with, what it leaves you exposed to, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.
FAQ
What is BBAX's ticker symbol?
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BBAX, JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF. Issued by J.P. Morgan Asset Management; tracks a Pacific ex-Japan equity index. Trades during US market hours, available at every major US brokerage.
What is BBAX's expense ratio?
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0.19% as of August 2026.
What are BBAX's top holdings?
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Top holdings as of August 2026: , , , , and others. See the full holdings table above.
How can I invest in BBAX through Walnut?
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Walnut isn't a broker. Connect a brokerage and Walnut sits on top to help you build and track thematic portfolios. BBAX can be a constituent alongside individual stocks.
How do I compare BBAX to similar ETFs?
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Put a few fields side by side: the expense ratio (fees compound over decades), the index or strategy it tracks, the top holdings and how much they overlap with what you already own, the dividend yield, and the AUM, liquidity, and bid-ask spread that affect trading costs. For index funds, tracking error (how closely it follows its index) and tax efficiency matter too. BBAX's figures are above; the full method is in Walnut's guide on how to compare ETFs.
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Walnut is informational, not investment advice. Holdings weights and fund statistics on this page are approximations stamped to August 2026; verify current figures against J.P. Morgan Asset Management's fund page or your broker before investing.