(BBHY) JPMorgan BetaBuilders USD - Ratings and Ratios
Exchange: BATS • Country: USA • Currency: USD • Type: Etf • ISIN: US46641Q8785 • High Yield Bond
BBHY: High Yield Bonds, Corporate Debt, Junk Securities
The JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) is designed for those seeking exposure to the U.S. high-yield corporate bond market. It focuses on below-investment-grade debt, commonly referred to as junk bonds, which are known for their higher risk but also offer the potential for greater returns. This ETF is particularly relevant for investors who understand the nuances of credit risk and are looking to diversify their fixed-income portfolios.
BBHY tracks a cap-weighted index, meaning the funds holdings are weighted based on the market value of the issuers outstanding debt. This approach ensures that larger issuers have a more significant impact on the funds performance. The fund invests at least 80% of its assets in these securities, providing a targeted exposure to the high-yield market while allowing for some flexibility in portfolio management.
With assets under management (AUM) of approximately $940.55 million, BBHY is a sizeable fund that offers liquidity and scale. It is listed on the BATS exchange, known for its efficient trading and lower fees, which can be advantageous for both retail and institutional investors. The ETFs structure allows it to capture the breadth of the U.S. high-yield market, making it a comprehensive tool for those looking to gain exposure to this asset class.
For fund managers and investors, its important to consider the implications of the cap-weighted index. While it provides a broad market exposure, it may also concentrate risk in larger issuers. Additionally, the absence of traditional valuation metrics like P/E or P/B underscores the need for a focus on credit fundamentals and the macroeconomic environment. Despite these considerations, BBHY remains a notable option for those seeking high-yield bond exposure with the efficiency of an ETF structure.
Additional Sources for BBHY ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
BBHY ETF Overview
Market Cap in USD | 940m |
Category | High Yield Bond |
TER | 0.15% |
IPO / Inception | 2016-09-15 |
BBHY ETF Ratings
Growth 5y | 59.7% |
Fundamental | - |
Dividend | 79.5% |
Rel. Strength Industry | 7.03 |
Analysts | - |
Fair Price Momentum | 47.05 USD |
Fair Price DCF | - |
BBHY Dividends
Dividend Yield 12m | 6.78% |
Yield on Cost 5y | 9.25% |
Annual Growth 5y | 6.13% |
Payout Consistency | 96.8% |
BBHY Growth Ratios
Growth Correlation 3m | 77% |
Growth Correlation 12m | 96.8% |
Growth Correlation 5y | 57.2% |
CAGR 5y | 6.62% |
CAGR/Max DD 5y | 0.43 |
Sharpe Ratio 12m | 0.94 |
Alpha | 2.61 |
Beta | 0.20 |
Volatility | 4.38% |
Current Volume | 360.6k |
Average Volume 20d | 131.5k |
As of March 15, 2025, the stock is trading at USD 46.03 with a total of 360,559 shares traded.
Over the past week, the price has changed by -0.78%, over one month by -0.64%, over three months by +0.38% and over the past year by +8.11%.
Partly, yes. Based on ValueRay Analyses, JPMorgan BetaBuilders USD (BATS:BBHY) is currently (March 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 59.69 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of BBHY as of March 2025 is 47.05. This means that BBHY is currently overvalued and has a potential downside of 2.22%.
JPMorgan BetaBuilders USD has no consensus analysts rating.
According to ValueRays Forecast Model, BBHY JPMorgan BetaBuilders USD will be worth about 51.2 in March 2026. The stock is currently trading at 46.03. This means that the stock has a potential upside of +11.12%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 51.2 | 11.1% |