J P Morgan Exchange-Traded Fund Trust - Sustainable Municipal Income Etf Fund (JMSI) belongs to the Municipal Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with JMSI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to JMSI
JMSI charges 0.18% annually. There are 23 ETFs in the Municipal Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab Municipal Bond ETF | 0.03% | 3.93B | Oct 2022 | JMSI vs SCMB | |
| Vanguard Tax-Exempt Bond ETF | 0.03% | 48.80B | Aug 2015 | JMSI vs VTEB | |
| Fidelity Systematic Municipal Bond Index ETF | 0.05% | 183.09M | Jul 2019 | JMSI vs FMUN | |
| Northern Trust Short-Term Tax-Exempt Bond ETF | 0.05% | 130.20M | Aug 2025 | JMSI vs TAXS | |
| Northern Trust Tax-Exempt Bond ETF | 0.05% | 60.01M | Aug 2025 | JMSI vs TAXT |
Best Risk-Adjusted Alternatives to JMSI
JMSI has a PortfoliosLab risk / return rank of 56. There are 93 ETFs in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street My2026 Municipal Bond ETF | 97 | 8.74M | Sep 2024 | JMSI vs MYMF | |
| State Street My2027 Municipal Bond ETF | 97 | 8.63M | Sep 2024 | JMSI vs MYMG | |
| Allspring Ultra Short Municipal ETF | 97 | 30.06M | Jul 2025 | JMSI vs AUSM | |
| First Trust Ultra Short Duration Municipal ETF | 97 | 246.47M | Nov 2018 | JMSI vs FUMB | |
| Goldman Sachs Ultra Short Municipal Income ETF | 97 | 54.13M | Jul 2024 | JMSI vs GUMI |
Top Performing JMSI Alternatives (YTD)
JMSI is at -0.08% YTD. There are 120 ETFs in the Municipal Bonds category with higher YTD returns, going as high as 3.71%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| X-Square Municipal Income Tax Free ETF | 3.71% | 4.54M | May 2023 | JMSI vs ZTAX | |
| NYLI MacKay Muni Allocation ETF | 2.42% | 28.01M | Dec 2025 | JMSI vs MMMA | |
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 2.38% | 142.95M | Jun 2013 | JMSI vs RVNU | |
| Overlay Shares Municipal Bond ETF | 2.26% | 30.60M | Sep 2019 | JMSI vs OVM | |
| T. Rowe Price High Income Municipal ETF | 2.25% | 26.19M | Nov 2025 | JMSI vs THYM |
Lowest Volatility Alternatives to JMSI
JMSI has 3.04% 1-year volatility. There are 90 ETFs in the Municipal Bonds category with lower 1-year volatility, going as low as 0.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| F/m Ultrashort Tax-Free Municipal ETF | 0.54% | 34.95M | Sep 2025 | JMSI vs ZMUN | |
| State Street My2026 Municipal Bond ETF | 0.69% | 8.74M | Sep 2024 | JMSI vs MYMF | |
| iShares Short-Term California Muni Active ETF | 0.72% | 445.30M | Oct 2007 | JMSI vs CALI | |
| Allspring Ultra Short Municipal ETF | 0.76% | 30.06M | Jul 2025 | JMSI vs AUSM | |
| First Trust Ultra Short Duration Municipal ETF | 0.84% | 246.47M | Nov 2018 | JMSI vs FUMB |
Lowest Drawdown Alternatives to JMSI
JMSI has a 1-year max drawdown of -2.98%. There are 87 ETFs in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as -0.22%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Ultra Short Duration Municipal ETF | -0.22% | 246.47M | Nov 2018 | JMSI vs FUMB | |
| Invesco BulletShares 2026 Municipal Bond ETF | -0.30% | 270.83M | Sep 2019 | JMSI vs BSMQ | |
| Goldman Sachs Ultra Short Municipal Income ETF | -0.36% | 54.13M | Jul 2024 | JMSI vs GUMI | |
| State Street My2027 Municipal Bond ETF | -0.36% | 8.63M | Sep 2024 | JMSI vs MYMG | |
| iShares iBonds Dec 2026 Term Muni Bond ETF | -0.38% | 576.01M | Apr 2019 | JMSI vs IBMO |
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 $46B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| JPMorgan Nasdaq Equity Premium Income ETF | Nasdaq-100, Derivative Income | 55 | 6.05% | 39.88B | May 2022 | JMSI vs JEPQ | |
| JPMorgan Equity Premium Income ETF | Dividend, Derivative Income | 48 | 4.52% | 45.80B | May 2020 | JMSI vs JEPI | |
| JPMorgan Ultra-Short Income ETF | Ultrashort Bond | 99 | 1.95% | 40.48B | May 2017 | JMSI vs JPST | |
| JPMorgan Income ETF | Multisector Bonds | 95 | 1.77% | 10.22B | Oct 2021 | JMSI vs JPIE | |
| JPMorgan U.S. Quality Factor ETF | Quality Factor, Large Cap Blend Equities | 79 | 14.93% | 8.22B | Nov 2017 | JMSI vs JQUA | |
| JPMorgan Hedged Equity Laddered Overlay ETF | Options Trading | 53 | 3.32% | 4.62B | Sep 2023 | JMSI vs HELO | |
| JPMorgan U.S. Tech Leaders ETF | Technology Equities, Actively Managed | 20 | 4.84% | 4.11B | Oct 2023 | JMSI vs JTEK | |
| JPMorgan U.S. Momentum Factor ETF | Momentum, Large Cap Blend Equities | 75 | 19.05% | 2.50B | Nov 2017 | JMSI vs JMOM | |
| JPMorgan Limited Duration Bond ETF | Short-Term Bond | 94 | 1.57% | 3.95B | Feb 1993 | JMSI vs JPLD | |
| JPMorgan BetaBuilders U.S. Equity ETF | Large Cap Blend Equities | 63 | 9.70% | 8.89B | Mar 2019 | JMSI vs BBUS |
Often Compared With JMSI
Investors most often compare JMSI with CGMU, MUST, DBO. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare JMSI with Any Fund or Stock
Compare JMSI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair JMSI with funds that move differently
J P Morgan Exchange-Traded Fund Trust - Sustainable Municipal Income Etf Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JMSI.
Explore JMSI Diversifiers