JPMorgan High Yield Municipal ETF (JMHI) belongs to the High Yield Muni category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with JMHI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to JMHI
JMHI charges 0.35% annually. There are 2 ETFs in the High Yield Muni category with lower expense ratios, going as low as 0.32%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price High Income Municipal ETF | 0.32% | 25.43M | Nov 2025 | JMHI vs THYM | |
| Capital Group Municipal High-Income ETF | 0.34% | 3.13B | Jun 2024 | JMHI vs CGHM | |
| Nuveen High Yield Municipal Income ETF | 0.35% | 140.42M | Jan 2025 | JMHI vs NHYM | |
| Franklin Municipal High Yield ETF | 0.35% | 588.78M | May 2018 | JMHI vs FTMH | |
| iShares Short Duration High Yield Muni Active ETF | 0.35% | 757.47M | Mar 2021 | JMHI vs SHYM |
Best Risk-Adjusted Alternatives to JMHI
JMHI has a PortfoliosLab risk / return rank of 68. There are 6 ETFs in the High Yield Muni category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance High Income Municipal ETF | 89 | 56.78M | Feb 2025 | JMHI vs EVYM | |
| Capital Group Municipal High-Income ETF | 89 | 3.13B | Jun 2024 | JMHI vs CGHM | |
| Rockefeller Opportunistic Municipal Bond ETF | 85 | 209.80M | Aug 2024 | JMHI vs RMOP | |
| Invesco Rochester High Yield Municipal ETF | 79 | 129.62M | Dec 2022 | JMHI vs IROC | |
| WisdomTree High Income Laddered Municipal ETF | 68 | 6.11M | Apr 2025 | JMHI vs WTMY |
Top Performing JMHI Alternatives (YTD)
JMHI is at 2.29% YTD. There are 11 ETFs in the High Yield Muni category with higher YTD returns, going as high as 4.52%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura National High-Yield Municipal Bond ETF | 4.52% | 30.14M | Mar 2025 | JMHI vs HTAX | |
| Eaton Vance High Income Municipal ETF | 4.21% | 56.78M | Feb 2025 | JMHI vs EVYM | |
| T. Rowe Price High Income Municipal ETF | 4.16% | 25.43M | Nov 2025 | JMHI vs THYM | |
| Rockefeller Opportunistic Municipal Bond ETF | 4.11% | 209.80M | Aug 2024 | JMHI vs RMOP | |
| Franklin Municipal High Yield ETF | 4.09% | 588.78M | May 2018 | JMHI vs FTMH |
Lowest Volatility Alternatives to JMHI
JMHI has 3.17% 1-year volatility. There are 4 ETFs in the High Yield Muni category with lower 1-year volatility, going as low as 2.50%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree High Income Laddered Municipal ETF | 2.50% | 6.11M | Apr 2025 | JMHI vs WTMY | |
| iShares Short Duration High Yield Muni Active ETF | 2.93% | 757.47M | Mar 2021 | JMHI vs SHYM | |
| Invesco Rochester High Yield Municipal ETF | 3.03% | 129.62M | Dec 2022 | JMHI vs IROC | |
| Capital Group Municipal High-Income ETF | 3.10% | 3.13B | Jun 2024 | JMHI vs CGHM | |
| Eaton Vance High Income Municipal ETF | 3.69% | 56.78M | Feb 2025 | JMHI vs EVYM |
Lowest Drawdown Alternatives to JMHI
JMHI has a 1-year max drawdown of -2.93%. There are 7 ETFs in the High Yield Muni category with shallower 1-year drawdowns, going as shallow as -2.23%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Short Duration High Yield Muni Active ETF | -2.23% | 757.47M | Mar 2021 | JMHI vs SHYM | |
| Capital Group Municipal High-Income ETF | -2.55% | 3.13B | Jun 2024 | JMHI vs CGHM | |
| Invesco Rochester High Yield Municipal ETF | -2.64% | 129.62M | Dec 2022 | JMHI vs IROC | |
| Rockefeller Opportunistic Municipal Bond ETF | -2.66% | 209.80M | Aug 2024 | JMHI vs RMOP | |
| WisdomTree High Income Laddered Municipal ETF | -2.71% | 6.11M | Apr 2025 | JMHI vs WTMY |
Other ETFs from JPMorgan
The 10 most viewed JPMorgan ETFs shown here include JEPQ, JEPI, JPST and span 12 categories. AUM among these funds goes as high as $44B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| JPMorgan Nasdaq Equity Premium Income ETF | Nasdaq-100, Derivative Income | 64 | 7.54% | 40.03B | May 2022 | JMHI vs JEPQ | |
| JPMorgan Equity Premium Income ETF | Dividend, Derivative Income | 26 | 1.33% | 44.26B | May 2020 | JMHI vs JEPI | |
| JPMorgan Ultra-Short Income ETF | Ultrashort Bond | 99 | 1.58% | 39.01B | May 2017 | JMHI vs JPST | |
| JPMorgan Income ETF | Multisector Bonds | 94 | 1.65% | 9.52B | Oct 2021 | JMHI vs JPIE | |
| JPMorgan Hedged Equity Laddered Overlay ETF | Options Trading | 41 | 1.40% | 3.92B | Sep 2023 | JMHI vs HELO | |
| JPMorgan U.S. Quality Factor ETF | Large Cap Blend Equities | 57 | 11.83% | 8.06B | Nov 2017 | JMHI vs JQUA | |
| JPMorgan U.S. Tech Leaders ETF | Technology Equities, Actively Managed | 28 | 15.98% | 4.46B | Oct 2023 | JMHI vs JTEK | |
| JPMorgan U.S. Momentum Factor ETF | Momentum, Large Cap Blend Equities | 78 | 21.80% | 2.51B | Nov 2017 | JMHI vs JMOM | |
| JPMorgan Limited Duration Bond ETF | Short-Term Bond | 91 | 1.15% | 3.82B | Feb 1993 | JMHI vs JPLD | |
| JPMorgan Core Plus Bond ETF | Intermediate Core-Plus Bond | 44 | 1.31% | 13.11B | Jan 2019 | JMHI vs JCPB |
Often Compared With JMHI
Investors most often compare JMHI with QQQI, XMPT, HIMU. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare JMHI with Any Fund or Stock
Compare JMHI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair JMHI with funds that move differently
JPMorgan High Yield Municipal ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JMHI.
Explore JMHI Diversifiers