JPMorgan Municipal ETF (JMUB) 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 JMUB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to JMUB
JMUB 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 | |
|---|---|---|---|---|---|
| Vanguard Tax-Exempt Bond ETF | 0.03% | 47.60B | Aug 2015 | JMUB vs VTEB | |
| Schwab Municipal Bond ETF | 0.03% | 4.00B | Oct 2022 | JMUB vs SCMB | |
| Northern Trust Short-Term Tax-Exempt Bond ETF | 0.05% | 126.55M | Aug 2025 | JMUB vs TAXS | |
| Northern Trust Tax-Exempt Bond ETF | 0.05% | 60.72M | Aug 2025 | JMUB vs TAXT | |
| Fidelity Systematic Municipal Bond Index ETF | 0.05% | 183.09M | Jul 2019 | JMUB vs FMUN |
Best Risk-Adjusted Alternatives to JMUB
JMUB has a PortfoliosLab risk / return rank of 77. There are 68 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 My2027 Municipal Bond ETF | 97 | 8.64M | Sep 2024 | JMUB vs MYMG | |
| First Trust Ultra Short Duration Municipal ETF | 97 | 245.94M | Nov 2018 | JMUB vs FUMB | |
| State Street My2026 Municipal Bond ETF | 97 | 8.73M | Sep 2024 | JMUB vs MYMF | |
| Allspring Ultra Short Municipal ETF | 97 | 30.06M | Jul 2025 | JMUB vs AUSM | |
| iShares Short Maturity Municipal Bond ETF | 96 | 1.41B | Mar 2015 | JMUB vs MEAR |
Top Performing JMUB Alternatives (YTD)
JMUB is at 1.51% YTD. There are 70 ETFs in the Municipal Bonds category with higher YTD returns, going as high as 4.58%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 4.58% | 143.84M | Jun 2013 | JMUB vs RVNU | |
| Rareview Tax Advantaged Income ETF | 4.03% | 18.13M | Oct 2020 | JMUB vs RTAI | |
| First Trust Flexible Municipal High Income ETF | 4.02% | 20.73M | Sep 2016 | JMUB vs MFLX | |
| T. Rowe Price High Income Municipal ETF | 3.75% | 25.42M | Nov 2025 | JMUB vs THYM | |
| Overlay Shares Municipal Bond ETF | 3.73% | 30.60M | Sep 2019 | JMUB vs OVM |
Lowest Volatility Alternatives to JMUB
JMUB has 2.41% 1-year volatility. There are 51 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% | 33.31M | Sep 2025 | JMUB vs ZMUN | |
| State Street My2026 Municipal Bond ETF | 0.71% | 8.73M | Sep 2024 | JMUB vs MYMF | |
| iShares Short-Term California Muni Active ETF | 0.71% | 408.07M | Oct 2007 | JMUB vs CALI | |
| Allspring Ultra Short Municipal ETF | 0.73% | 30.06M | Jul 2025 | JMUB vs AUSM | |
| First Trust Ultra Short Duration Municipal ETF | 0.79% | 245.94M | Nov 2018 | JMUB vs FUMB |
Lowest Drawdown Alternatives to JMUB
JMUB has a 1-year max drawdown of -2.55%. There are 53 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% | 245.94M | Nov 2018 | JMUB vs FUMB | |
| Invesco BulletShares 2026 Municipal Bond ETF | -0.30% | 283.20M | Sep 2019 | JMUB vs BSMQ | |
| Goldman Sachs Ultra Short Municipal Income ETF | -0.36% | 38.99M | Jul 2024 | JMUB vs GUMI | |
| State Street My2027 Municipal Bond ETF | -0.36% | 8.64M | Sep 2024 | JMUB vs MYMG | |
| State Street My2026 Municipal Bond ETF | -0.38% | 8.73M | Sep 2024 | JMUB vs MYMF |
Other ETFs from JPMorgan
The 10 most viewed JPMorgan ETFs shown here include JEPQ, JEPI, JPST and span 11 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 | 65 | 8.49% | 40.37B | May 2022 | JMUB vs JEPQ | |
| JPMorgan Equity Premium Income ETF | Dividend, Derivative Income | 34 | 3.30% | 45.17B | May 2020 | JMUB vs JEPI | |
| JPMorgan Ultra-Short Income ETF | Ultrashort Bond | 99 | 1.75% | 39.85B | May 2017 | JMUB vs JPST | |
| JPMorgan Income ETF | Multisector Bonds | 95 | 1.62% | 9.91B | Oct 2021 | JMUB vs JPIE | |
| JPMorgan U.S. Quality Factor ETF | Large Cap Blend Equities | 73 | 14.82% | 8.19B | Nov 2017 | JMUB vs JQUA | |
| JPMorgan Hedged Equity Laddered Overlay ETF | Options Trading | 46 | 2.65% | 4.00B | Sep 2023 | JMUB vs HELO | |
| JPMorgan U.S. Tech Leaders ETF | Technology Equities, Actively Managed | 26 | 12.62% | 4.40B | Oct 2023 | JMUB vs JTEK | |
| JPMorgan U.S. Momentum Factor ETF | Momentum, Large Cap Blend Equities | 80 | 21.70% | 2.51B | Nov 2017 | JMUB vs JMOM | |
| JPMorgan Limited Duration Bond ETF | Short-Term Bond | 93 | 1.23% | 3.94B | Feb 1993 | JMUB vs JPLD | |
| JPMorgan BetaBuilders U.S. Equity ETF | Large Cap Blend Equities | 63 | 10.07% | 8.68B | Mar 2019 | JMUB vs BBUS |
Often Compared With JMUB
Investors most often compare JMUB with MUB, SCMBX, BSNSX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare JMUB with Any Fund or Stock
Compare JMUB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair JMUB with funds that move differently
JPMorgan Municipal ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JMUB.
Explore JMUB Diversifiers