At a glance
BBIN charges 0.07% a year, below the 0.12% average of the 8 funds most like it (the 6th cheapest of 9). It has $6.60B in assets, the 9th largest of that group; it paid 3.74% of its price in distributions over the past 12 months, quarterly. Over the past year it returned +12.2% with distributions reinvested (S&P 500: +11.5%), the weakest of those 9 funds; over three years it returned +20.1% a year. At its worst it fell 28.6% in the 2022 bear market (S&P 500: 24.5%), and was back at its earlier high 15 months after the low. Its ten largest positions make up 14.1% of the fund, out of 627 in all.
The short version
JPMorgan BetaBuilders International Equity ETF (BBIN) is an index fund that tracks the Morningstar Developed Markets ex-North America Target Market Exposure Index. That index holds large and mid-size companies in Japan, Europe, Australia and other developed markets outside North America. The fund charges 0.07% a year, below the 0.12% average of similar funds, though several rivals charge less. It is also the smallest of its peers, and it trailed all of them over the one and three years to October 27, 2026.
Price history
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BBIN +12.2% over the year to Oct 27, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| BBIN official prospectus, to Dec 31, 2025 | — | +32.05% | — | +9.10% | — | +9.60% |
| BBIN price data to Oct 27, 2026 | +9.7% | +12.2% | +20.1% | +8.8% | — | +9.0% |
- Over the year to Oct 27, 2026, BBIN returned +12.2%, 9th of 9 among similar funds.
- Its 5-year annualized return was +8.8%.
- Its worst full calendar year was 2022 (-14.3%); its best was 2025 (+31.8%).
- The deepest fall in its price history was 29.3% (Sep 3, 2021 to Sep 27, 2022), recovered by Feb 1, 2024.
Show as a table
| Year | Price data | Prospectus (official) |
|---|---|---|
| 2026 (to date) | +9.7% | — |
| 2025 | +31.8% | +32.05% |
| 2024 | +3.6% | +3.51% |
| 2023 | +18.6% | +18.17% |
| 2022 | -14.3% | -14.10% |
| 2021 | — | +11.42% |
| 2020 | — | +8.62% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Not in the price data, which starts Feb 22, 2021 |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Lost 27.9% over that stretch · deepest drop along the way 28.6%, back to its old high 14.9 months after the low |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2026 (to date) | $1.5500 | |
| 2025 | $2.8000 | +44.3% |
| 2024 | $1.9400 | +6.6% |
| 2023 | $1.8200 | +29.1% |
| 2022 | $1.4100 |
What's inside
As of Jul 31, 2026, the fund held 627 securities; the ten largest made up 14.09% of assets.
| Holding | Weight | |
|---|---|---|
| ASML Holding NV | 2.93% | |
| HSBC Holdings plc | 1.68% | |
| Roche Holding AG | 1.38% | |
| Novartis AG | 1.37% | |
| AstraZeneca plc | 1.21% | |
| Shell plc | 1.17% | |
| Mitsubishi UFJ Financial Group, Inc. | 1.16% | |
| Nestle SA | 1.14% | |
| Siemens AG | 1.07% | |
| Toyota Motor Corp. | 0.99% | |
| BHP Group Ltd. | 0.98% | |
| Commonwealth Bank of Australia | 0.96% | |
| Banco Santander SA | 0.93% | |
| Allianz SE | 0.87% | |
| SAP SE | 0.86% |
By country
Japan 24.76%United Kingdom 14.18%Switzerland 9.1%France 8.66%Germany 8.44%By asset type
Stocks 99.4%What changed recently
- Over the three months to Jul 31, 2026, investors added a net $92.6M (creations minus redemptions, per the N-PORT report).
- Monthly total returns reported for that quarter: +2.12%, +0.29%, +1.67%.
How it works
BBIN is an index fund from JPMorgan. It aims to match the Morningstar Developed Markets ex-North America Target Market Exposure Index, before fees. The index covers developed countries outside North America, including Japan, the UK, Switzerland, France, Germany, Australia, Hong Kong and Israel. In each country it aims to capture 85% of the stock market's value, so it holds mostly large and mid-size companies. As of January 30, 2026, the index had 648 securities, ranging from $928.3 million to $561.3 billion in market value.
Stocks are weighted by free-float market capitalization. Bigger companies get bigger weights, and only shares the public can trade are counted. As of July 31, 2026, that put Japan at 24.76% of the fund and the UK at 14.18%. The 10 largest holdings, led by ASML at 2.9%, made up 14.09%. The fund tries to own every stock in the index in the same proportions, but it may hold a representative sample instead. It rebalances quarterly along with the index. Turnover was 5%, meaning it replaced only a small slice of the portfolio in a year.
The fund may put up to 10% of its assets in futures and currency forwards. As of July 31, 2026, these were 0.01% of assets. The holdings are priced in foreign currencies, so a rising dollar lowers what they are worth to US investors.
What it really costs
- BBIN charges 0.07% a year, versus an average of 0.12% for the similar funds below (6th of 9, cheapest first).
- Using the prospectus's standard example, $10,000 invested would cost about $7 in the first year and $90 over 10 years (assuming a 5% annual return).
| Cost of $10,000 (SEC example) | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| BBIN | $7 | $23 | $40 | $90 |
In a retirement portfolio
It offers broad, low-cost exposure to hundreds of developed-market companies outside North America, so it can fill the international stock part of a portfolio.
BBIN could anchor the international stock part of a portfolio. As of July 31, 2026, it held 627 companies, mostly in Japan and Europe. It pays dividends quarterly, and its trailing 12-month yield was 3.74% as of October 27, 2026. In the SEC's standard example, costs on $10,000 come to $90 over 10 years.
Losses can be steep. The fund launched after the 2008 crisis, and its price record starts in February 2021. Its prospectus does show a 23.07% loss in the first quarter of 2020. In 2022 it fell 28.6% and took about 15 months to recover. Its deepest drop, 29.3% starting in September 2021, took about 16 months to recover. Its worst calendar year was 2022, at -14.1%. Selling shares for income during stretches like these locks in losses. Past results don't predict the future, and a plan should look at the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors who want one low-cost fund for developed markets outside North America, at 0.07% a year versus a 0.12% peer average.
- People who want quarterly dividends from foreign stocks. The trailing yield was 3.74% as of October 27, 2026.
- Buy-and-hold investors comfortable with an index weighted toward Japan (24.76%) and the UK (14.18%), with 5% annual turnover.
Look elsewhere if
- Investors focused on cost: VEA and SPDW charge 0.03%, and IDEV and VEU 0.04%, all below BBIN's 0.07%.
- Anyone who wants Canada, emerging markets or small companies. The index excludes North America and focuses on large and mid-size developed-market companies.
- Investors who couldn't handle a 29.3% drop like the one from September 2021 to September 2022, which took about 16 months to recover.
Close alternatives
Matched by holdings overlap from the latest N-PORT reports.
| Fund | Overlap | Cost | Net assets | 1 yr | 3 yr |
|---|---|---|---|---|---|
| BBIN this fund | — | 0.07% | $6.60B | +12.2% | +20.1% |
| EFA iShares MSCI EAFE ETF | 93% | 0.32% | $77.98B | +13.5% | +18.2% |
| IEFA iShares Core MSCI EAFE ETF | 80% | 0.07% | $190.11B | +13.7% | +18.5% |
| IDEV iShares Core MSCI International Developed M… | 69% | 0.04% | $31.64B | +14.6% | +19.2% |
| SCHF Schwab International Equity ETF | 68% | 0.06% | $69.68B | +17.7% | +20.4% |
| SPDW SPDR Portfolio Developed World ex-US ETF | 62% | 0.03% | $40.29B | +17.3% | +20.5% |
| VEA Vanguard FTSE Developed Markets ETF | 61% | 0.03% | $316.42B | +16.8% | +21.7% |
| EFV iShares MSCI EAFE Value ETF | 55% | 0.33% | $29.11B | +21.9% | +23.3% |
Questions investors ask
What does BBIN invest in?
BBIN tracks the Morningstar Developed Markets ex-North America Target Market Exposure Index. That index holds large and mid-size companies in developed countries outside North America. As of July 31, 2026, the fund owned 627 companies. Japan made up 24.76% of assets, the UK 14.18% and Switzerland 9.1%. The largest holdings were ASML, HSBC, Roche, Novartis and AstraZeneca, and the top 10 together made up 14.09% of the fund.
What's the difference between BBIN and EFA?
The biggest difference is cost: BBIN charges 0.07% a year and EFA charges 0.32%. The two follow the same strategy, and their holdings overlapped 93% in their latest N-PORT reports. BBIN tracks a Morningstar index, while EFA tracks an MSCI index. EFA is much larger, with about $78.0 billion in net assets versus $6.6 billion for BBIN as of July 31, 2026. IEFA, which overlaps 80% with BBIN, also charges 0.07%.
Does BBIN pay monthly dividends?
No. BBIN pays dividends quarterly. Over the 12 months to October 27, 2026, it paid $2.91 per share, a trailing yield of 3.74%. A trailing yield is the last 12 months of payouts divided by the share price. Payouts can change because they depend on foreign companies' dividends and on exchange rates. Dividends paid in yen, pounds or euros are worth more or less in dollars as currencies move.
How has BBIN performed?
According to its prospectus, BBIN returned 32.05% in the year to December 31, 2025. It returned 9.1% a year over five years and 9.6% a year since it launched in December 2019. Its worst calendar year was 2022, at -14.1%. Based on its share price, it gained 12.2% in the year to October 27, 2026. That was the weakest result among the similar funds compared. IEFA, for example, returned 13.6% in the year to October 29, 2026.
Is BBIN good for retirement?
It can fill the international stock part of a retirement portfolio at low cost: 0.07% a year, or $90 over 10 years on $10,000 in the SEC's standard example. It is still a stock fund, though. It fell 29.3% from September 2021 to September 2022 and took about 16 months to recover. Retirees who may need to sell shares during a downturn often hold stock funds alongside steadier assets.