BBAX Fees and Costs — JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF
Data updated: 2026-09-28
The net expense ratio is 0.19%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $142K in broker commissions, 0.0029% of average net assets, and portfolio turnover was 4%.
BBAX Fees and Expenses
Annual operating expenses and sales charges of BBAX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.19% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 0.19% |
| Fee waiver | — |
| Net expense ratio | 0.19% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
BBAX Costs Over Time
On $10,000 invested in BBAX, assuming 5% a year before costs, total costs come to $123 over 5 years, cutting the return by 0.20% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.19%) | $20 | $63 | $110 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $3 | $11 |
| Total costs | $20 | $67 | $123 |
| Value after costs | $10,480 | $11,509 | $12,640 |
| Impact on return, per year | 0.20% | 0.20% | 0.20% |
BBAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0029%
- Total broker commissions: $142K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 4%
- Securities on loan, average value: $28.1M
- Net income from securities lending: $102K (0.002% of average net assets)
BBAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $45K | 31.70% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $20K | 14.01% |
| Goldman Sachs & Co. LLC | $17K | 11.98% |
| Morgan Stanley & Co. LLC | $14K | 9.92% |
| Citigroup Global Markets Inc. | $13K | 9.33% |
| CLSA Americas, LLC | $13K | 8.96% |
| BNP Paribas Securities Corp. | $10K | 7.13% |
| Instinet, LLC | $7K | 4.96% |
| Societe Generale | $3K | 2.01% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.