JPMorgan BetaBuilders Japan ETF (BATS: BBJP) has wowed the ETF community, reaching almost $1.4 billion assets under management since debuting just over a month ago on June 15.

As of close of trading on Tuesday, it had $1,382,524,000 AUM, according to BarChart.com.

BBJP becomes the second quickest ETF to reach the $1 billion mark in assets after SPDR Gold Shares (NYSEArca: GLD) accomplished the feat in a record three days.

One point of comparison with respect to other similar funds is BBJP’s low expense ratio of 0.19%. When juxtaposed with a similar ETF, such as the iShares MSCI Japan ETF (NYSEArca: EWJ), its expense ratio is 30 basis points higher with an expense fee of 0.49%.

Related: U.S., Japan Yields Spike on Tighter Monetary Policy Reports

As far as the ETF itself, BBJP seeks investment results that correlate to the performance of the Morningstar® Japan Target Market Exposure IndexSM–a free float adjusted market capitalization weighted index which consists of stocks traded primarily on the Tokyo Stock Exchange or the Nagoya Stock Exchange. The top five holdings of BBJP includes Toyota Motor Corp, Mitsubishi UFJ Financial Group Inc, Sony Corp, SoftBank Group Corp and Sumitomo Mitsui Financial Group Inc.

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