BBEM Fees and Costs — JPMorgan BetaBuilders Emerging Markets Equity ETF
Data updated: 2026-09-28
The net expense ratio is 0.15%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $218K in broker commissions, 0.0248% of average net assets, and portfolio turnover was 40%.
BBEM Fees and Expenses
Annual operating expenses and sales charges of BBEM. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 0.15% |
| Fee waiver | — |
| Net expense ratio | 0.15% |
| 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 |
BBEM Costs Over Time
On $10,000 invested in BBEM, assuming 5% a year before costs, total costs come to $111 over 5 years, cutting the return by 0.18% 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 0.15%) | $16 | $50 | $87 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $3 | $10 |
| Total costs | $18 | $61 | $111 |
| Value after costs | $10,482 | $11,516 | $12,652 |
| Impact on return, per year | 0.18% | 0.18% | 0.18% |
BBEM 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): 0.0248%
- Total broker commissions: $218K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 40%
- Securities on loan, average value: $876K
- Net income from securities lending: $23K (0.003% of average net assets)
BBEM Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $180K | 82.38% |
| Morgan Stanley & Co. LLC | $12K | 5.61% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $7K | 3.30% |
| Instinet, LLC | $5K | 2.41% |
| Citigroup Global Markets Inc. | $5K | 2.11% |
| CLSA Americas, LLC | $4K | 1.78% |
| Goldman Sachs & Co. LLC | $3K | 1.45% |
| Nomura Securities International, Inc. | $935 | 0.43% |
| Credit Agricole Securities (USA) Inc. | $801 | 0.37% |
| BofA Securities, Inc. | $326 | 0.15% |
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.