JPMorgan Municipal ETF (JMUB)
JMUB is an actively managed ETF by JPMorgan Chase. JMUB launched on Oct 29, 2018 and has a 0.18% expense ratio.
ETF Info
| ISIN | US46641Q6474 |
|---|---|
| CUSIP | 46641Q647 |
| Issuer | JPMorgan Chase |
| Inception Date | Oct 29, 2018 |
| Region | North America (U.S.) |
| Category | Total Bond Market, Actively Managed |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
JMUB has an expense ratio of 0.18%, which is considered low compared to other funds.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: JMUB vs. BSNSX, JMUB vs. FICNX, JMUB vs. VTEB, JMUB vs. SCMBX, JMUB vs. VWIUX, JMUB vs. MUB, JMUB vs. FTABX, JMUB vs. SCHD, JMUB vs. AGG, JMUB vs. FXAIX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in JPMorgan Municipal ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
JPMorgan Municipal ETF had a return of 1.87% year-to-date (YTD) and 6.28% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.87% | 25.48% |
| 1 month | -0.39% | 2.14% |
| 6 months | 1.44% | 12.76% |
| 1 year | 6.28% | 33.14% |
| 5 years (annualized) | 1.44% | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of JMUB, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.15% | -0.11% | 0.09% | -0.88% | 0.02% | 1.03% | 1.26% | 0.32% | 1.07% | -1.19% | 1.87% | ||
| 2023 | 2.62% | -2.06% | 1.91% | 0.10% | -0.76% | 0.68% | 0.27% | -1.13% | -2.07% | -1.18% | 5.54% | 2.19% | 5.97% |
| 2022 | -2.80% | -0.44% | -2.81% | -2.73% | 1.43% | -1.22% | 2.42% | -1.89% | -2.95% | -1.13% | 4.55% | 0.19% | -7.43% |
| 2021 | 0.61% | -1.73% | 0.50% | 0.97% | 0.38% | 0.35% | 0.98% | -0.41% | -0.70% | -0.30% | 0.68% | 0.28% | 1.58% |
| 2020 | 1.98% | 1.11% | -4.03% | -1.30% | 3.46% | 0.62% | 1.78% | -0.29% | 0.02% | -0.43% | 1.45% | 0.72% | 4.98% |
| 2019 | 1.51% | 0.83% | 1.38% | 0.26% | 1.46% | 0.55% | 0.97% | 1.62% | -0.76% | 0.27% | 0.24% | 0.26% | 8.91% |
| 2018 | 0.89% | 1.40% | 2.30% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of JMUB is 62, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for JPMorgan Municipal ETF (JMUB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
JPMorgan Municipal ETF provided a 3.46% dividend yield over the last twelve months, with an annual payout of $1.74 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $1.74 | $1.63 | $1.08 | $1.06 | $1.17 | $1.96 | $0.23 |
Dividend yield | 3.46% | 3.20% | 2.16% | 1.94% | 2.13% | 3.66% | 0.45% |
Monthly Dividends
The table displays the monthly dividend distributions for JPMorgan Municipal ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.14 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.14 | $0.15 | $0.15 | $0.14 | $1.47 | |
| 2023 | $0.00 | $0.13 | $0.13 | $0.13 | $0.14 | $0.13 | $0.13 | $0.13 | $0.14 | $0.14 | $0.15 | $0.27 | $1.63 |
| 2022 | $0.00 | $0.07 | $0.08 | $0.06 | $0.08 | $0.08 | $0.07 | $0.08 | $0.11 | $0.10 | $0.13 | $0.22 | $1.08 |
| 2021 | $0.00 | $0.07 | $0.08 | $0.08 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.36 | $1.06 |
| 2020 | $0.10 | $0.08 | $0.00 | $0.10 | $0.11 | $0.10 | $0.09 | $0.08 | $0.08 | $0.08 | $0.08 | $0.26 | $1.17 |
| 2019 | $0.10 | $0.12 | $0.11 | $0.12 | $0.11 | $0.10 | $0.11 | $0.10 | $0.10 | $0.10 | $0.10 | $0.80 | $1.96 |
| 2018 | $0.12 | $0.11 | $0.23 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the JPMorgan Municipal ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the JPMorgan Municipal ETF was 12.50%, occurring on Mar 23, 2020. Recovery took 96 trading sessions.
The current JPMorgan Municipal ETF drawdown is 1.31%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -12.5% | Mar 10, 2020 | 10 | Mar 23, 2020 | 96 | Aug 7, 2020 | 106 |
| -12.06% | Aug 2, 2021 | 315 | Oct 28, 2022 | 464 | Sep 5, 2024 | 779 |
| -2.18% | Oct 2, 2024 | 26 | Nov 6, 2024 | — | — | — |
| -2.17% | Feb 16, 2021 | 9 | Feb 26, 2021 | 69 | Jun 8, 2021 | 78 |
| -1.37% | Aug 30, 2019 | 12 | Sep 17, 2019 | 15 | Oct 9, 2019 | 27 |
Volatility
Volatility Chart
The current JPMorgan Municipal ETF volatility is 1.50%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.