JPMorgan Mortgage-Backed Securities ETF (JMTG) belongs to the Mortgage Backed Securities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with JMTG. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to JMTG
JMTG charges 0.24% annually. There are 8 ETFs in the Mortgage Backed Securities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab Mortgage-Backed Securities ETF | 0.03% | — | Nov 2024 | JMTG vs SMBS | |
| Vanguard Mortgage-Backed Securities ETF | 0.04% | 17.30B | Nov 2009 | JMTG vs VMBS | |
| SPDR Portfolio Mortgage Backed Bond ETF | 0.04% | 6.94B | Jan 2009 | JMTG vs SPMB | |
| iShares MBS Bond ETF | 0.06% | 39.02B | Mar 2007 | JMTG vs MBB | |
| Simplify MBS ETF | 0.15% | 1.52B | Nov 2023 | JMTG vs MTBA |
Best Risk-Adjusted Alternatives to JMTG
JMTG has a PortfoliosLab risk / return rank of 52. There are 3 ETFs in the Mortgage Backed Securities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin Short Duration U.S. Government ETF | 96 | 299.35M | Nov 2013 | JMTG vs FTSD | |
| First Trust Low Duration Mortgage Opportunities ET... | 90 | 6.35B | Nov 2014 | JMTG vs LMBS | |
| Virtus Newfleet ABS/MBS ETF | 84 | 111.84M | Feb 2021 | JMTG vs VABS | |
| First Trust TCW Securitized Plus ETF | 49 | 67.41M | Apr 2020 | JMTG vs DEED | |
| Schwab Mortgage-Backed Securities ETF | 48 | — | Nov 2024 | JMTG vs SMBS |
Top Performing JMTG Alternatives (YTD)
JMTG is at 0.28% YTD. There are 10 ETFs in the Mortgage Backed Securities category with higher YTD returns, going as high as 2.46%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Securitized Income ETF | 2.46% | 193.00M | Sep 2025 | JMTG vs NSCI | |
| Regan Fixed Rate MBS ETF | 2.01% | 13.94M | Apr 2025 | JMTG vs MBSX | |
| Virtus Newfleet ABS/MBS ETF | 1.87% | 111.84M | Feb 2021 | JMTG vs VABS | |
| First Trust Low Duration Mortgage Opportunities ET... | 1.30% | 6.35B | Nov 2014 | JMTG vs LMBS | |
| Franklin Short Duration U.S. Government ETF | 1.05% | 299.35M | Nov 2013 | JMTG vs FTSD |
Lowest Volatility Alternatives to JMTG
JMTG has 3.66% 1-year volatility. There are 11 ETFs in the Mortgage Backed Securities category with lower 1-year volatility, going as low as 1.28%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Securitized Income ETF | 1.28% | 193.00M | Sep 2025 | JMTG vs NSCI | |
| Franklin Short Duration U.S. Government ETF | 1.36% | 299.35M | Nov 2013 | JMTG vs FTSD | |
| American Century Securitized Credit ETF | 1.39% | 19.96M | May 2026 | JMTG vs ASEC | |
| Virtus Newfleet ABS/MBS ETF | 1.92% | 111.84M | Feb 2021 | JMTG vs VABS | |
| First Trust Low Duration Mortgage Opportunities ET... | 1.98% | 6.35B | Nov 2014 | JMTG vs LMBS |
Lowest Drawdown Alternatives to JMTG
JMTG has a 1-year max drawdown of -2.78%. There are 9 ETFs in the Mortgage Backed Securities category with shallower 1-year drawdowns, going as shallow as -0.45%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin Short Duration U.S. Government ETF | -0.45% | 299.35M | Nov 2013 | JMTG vs FTSD | |
| Virtus Newfleet ABS/MBS ETF | -0.98% | 111.84M | Feb 2021 | JMTG vs VABS | |
| First Trust Low Duration Mortgage Opportunities ET... | -1.43% | 6.35B | Nov 2014 | JMTG vs LMBS | |
| FlexShares Disciplined Duration MBS Index Fund | -2.17% | 88.66M | Sep 2014 | JMTG vs MBSD | |
| iShares CMBS ETF | -2.44% | 472.53M | Feb 2012 | JMTG vs CMBS |
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 $45B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| JPMorgan Nasdaq Equity Premium Income ETF | Nasdaq-100, Derivative Income | 53 | 5.12% | 39.16B | May 2022 | JMTG vs JEPQ | |
| JPMorgan Equity Premium Income ETF | Dividend, Derivative Income | 37 | 3.90% | 45.34B | May 2020 | JMTG vs JEPI | |
| JPMorgan Ultra-Short Income ETF | Ultrashort Bond | 99 | 1.85% | 40.14B | May 2017 | JMTG vs JPST | |
| JPMorgan Income ETF | Multisector Bonds | 95 | 1.73% | 10.08B | Oct 2021 | JMTG vs JPIE | |
| JPMorgan U.S. Quality Factor ETF | Quality Factor, Large Cap Blend Equities | 70 | 14.31% | 8.12B | Nov 2017 | JMTG vs JQUA | |
| JPMorgan Hedged Equity Laddered Overlay ETF | Options Trading | 44 | 2.03% | 4.54B | Sep 2023 | JMTG vs HELO | |
| JPMorgan U.S. Tech Leaders ETF | Technology Equities, Actively Managed | 20 | 4.63% | 4.10B | Oct 2023 | JMTG vs JTEK | |
| JPMorgan U.S. Momentum Factor ETF | Momentum, Large Cap Blend Equities | 75 | 19.56% | 2.49B | Nov 2017 | JMTG vs JMOM | |
| JPMorgan Limited Duration Bond ETF | Short-Term Bond | 94 | 1.34% | 3.94B | Feb 1993 | JMTG vs JPLD | |
| JPMorgan BetaBuilders U.S. Equity ETF | Large Cap Blend Equities | 56 | 8.52% | 8.77B | Mar 2019 | JMTG vs BBUS |
Often Compared With JMTG
Investors most often compare JMTG with PMBS, EVMO, JMBS. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare JMTG with Any Fund or Stock
Compare JMTG with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair JMTG with funds that move differently
JPMorgan Mortgage-Backed Securities ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JMTG.
Explore JMTG Diversifiers