JPMorgan BetaBuilders Europe ETF

Shareclass
JPMorgan BetaBuilders Europe ETF (BBEU)
Type
Exchange-traded fund
Manager
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, above the threshold of 0.5% and below 1.5%. Assigned a grade of D.
How we track deforestation-risk investments
D
19.14%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
45
holdings flagged
19%
of assets flagged
This fund contains
 $823.27 MILLION invested 
in holdings flagged for deforestation risk
JPMorgan has big investments in companies like Sysco, Tyson, Hormel and Noble Group that grow, trade or use palm oil, cattle, rubber and soy in their products but have failed to eliminate deforestation from their operations. This means JPMorgan has a key role to play in voting for No Deforestation policies at these companies and engaging with company management to make sure these policies are implemented. In order to do that, JPMorgan needs to a No Deforestation Policy. Tell JPMorgan to adopt a No Deforestation Policy!
Sign the petition
producers
Commodity producers
7 holdings
0.66% of assets
$28.5 MILLION invested
banks
Banks and lenders
9 holdings
5.49% of assets
$236.12 MILLION invested
consumers
Major consumer brands
32 holdings
13% of assets
$569.12 MILLION invested
Commodity producers
Commodity producers
7 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
7 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Glencore PLC
    Soy producerPalm oil producer
    0.28%0.28% of portfolio
    $12.2M$12.2M invested
    Soy producerPalm oil producer
  • 2. UPM-Kymmene Oyj
    Timber producerPaper/pulp producer
    0.12%0.12% of portfolio
    $5.31M$5.31M invested
    Timber producerPaper/pulp producer
  • 3. Associated British Foods PLC
    Soy producerPalm oil producer
    0.07%0.07% of portfolio
    $3.09M$3.09M invested
    Soy producerPalm oil producer
  • 4. Mondi PLC
    Paper/pulp producer
    0.06%0.06% of portfolio
    $2.52M$2.52M invested
    Paper/pulp producer
  • 5. Stora Enso Oyj Class R
    Timber producerPaper/pulp producer
    0.05%0.05% of portfolio
    $2.06M$2.06M invested
    Timber producerPaper/pulp producer
View next 2
Banks and lenders
Banks and lenders
9 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
9 HOLDINGS
  • % of portfolio
    $ invested
  • 1. HSBC Holdings PLC
    1.74%1.74% of portfolio
    $74.84M$74.84M invested
  • 2. BNP Paribas Act. Cat.A
    0.77%0.77% of portfolio
    $33.02M$33.02M invested
  • 3. Banco Bilbao Vizcaya Argentaria SA
    0.69%0.69% of portfolio
    $29.73M$29.73M invested
  • 4. ING Groep NV
    0.52%0.52% of portfolio
    $22.43M$22.43M invested
  • 5. Barclays PLC
    0.5%0.5% of portfolio
    $21.68M$21.68M invested
View next 4
Major consumer brands
Major consumer brands
32 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
32 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Nestle SA
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    2.39%2.39% of portfolio
    $102.86M$102.86M invested
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 2. Shell PLC
    Soy major consumer brandPalm oil major consumer brand
    1.71%1.71% of portfolio
    $73.37M$73.37M invested
    Soy major consumer brandPalm oil major consumer brand
  • 3. Unilever PLC
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    1.38%1.38% of portfolio
    $59.34M$59.34M invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 4. Lvmh Moet Hennessy Louis Vuitton SE
    Cattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    1.25%1.25% of portfolio
    $53.61M$53.61M invested
    Cattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 5. L'Oreal SA
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.93%0.93% of portfolio
    $40.18M$40.18M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
View next 5
View more info
DATA AS OF 30 Apr 2025
Financial performance
Performance data provided byMorningstarFind more financial data on BBEU at Morningstar.com
Current fund
BBEU
JPMorgan BetaBuilders Europe ETF
Family
JPMorgan
Category
Europe Stock
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 4/30/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 5-yr returns 
3.28% more in annualized returns
Less invested in commodity producers 
0.52% less invested
Less invested in banks and lenders 
0.31% less invested
More invested in major consumer brands 
5.77% more invested
Current fund
BBEU
JPMorgan BetaBuilders Europe ETF
Family
JPMorgan
Category
Europe Stock
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 4/30/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 5-yr returns 
3.28% more in annualized returns
Less invested in commodity producers 
0.52% less invested
Less invested in banks and lenders 
0.31% less invested
More invested in major consumer brands 
5.77% more invested
Current fund
BBEU
JPMorgan BetaBuilders Europe ETF
Family
JPMorgan
Category
Europe Stock
vs.
Benchmark
ACWX
iShares MSCI ACWI ex U.S. ETF
Family
iShares from BlackRock
Category
Foreign Large Blend
Fund comparison settings
Investment timeline
Performance as of: 4/30/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: MSCI ACWI Ex USA
ACWX - iShares MSCI ACWI ex U.S. ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 5-yr returns 
3.28% more in annualized returns
Less invested in commodity producers 
0.52% less invested
Less invested in banks and lenders 
0.31% less invested
More invested in major consumer brands 
5.77% more invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
BBEU - JPMorgan BetaBuilders Europe ETF
15%
12%
13%
/
0.66% 
Benchmark
ACWX - iShares MSCI ACWI ex U.S. ETF
13%
8.32%
10%
4.72%
1.19% 
Fund compared to benchmark
 
2.53%
3.6%
3.28%
/
0.52%  lower
Find more financial data on BBEU at Morningstar.com
Take Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
Find top-graded funds that avoid deforestation-risk investments.
Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.
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