AVMU vs. JMUB
Compare and contrast key facts about Avantis Core Municipal Fixed Income ETF (AVMU) and JPMorgan Municipal ETF (JMUB).
AVMU and JMUB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVMU is an actively managed fund by American Century. It was launched on Dec 8, 2020. JMUB is an actively managed fund by JPMorgan. It was launched on Oct 29, 2018.
Performance
AVMU vs. JMUB - Performance Comparison
Loading graphics...
AVMU vs. JMUB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AVMU Avantis Core Municipal Fixed Income ETF | -0.35% | 3.87% | 1.72% | 5.18% | -7.33% | 0.27% | 0.19% |
JMUB JPMorgan Municipal ETF | -0.44% | 4.34% | 1.88% | 5.96% | -7.43% | 1.58% | 0.30% |
Returns By Period
In the year-to-date period, AVMU achieves a -0.35% return, which is significantly higher than JMUB's -0.44% return.
AVMU
- 1D
- 0.55%
- 1M
- -2.54%
- YTD
- -0.35%
- 6M
- 2.24%
- 1Y
- 4.36%
- 3Y*
- 2.69%
- 5Y*
- 0.78%
- 10Y*
- —
JMUB
- 1D
- 0.08%
- 1M
- -2.26%
- YTD
- -0.44%
- 6M
- 0.84%
- 1Y
- 3.63%
- 3Y*
- 3.07%
- 5Y*
- 1.18%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AVMU vs. JMUB - Expense Ratio Comparison
AVMU has a 0.15% expense ratio, which is lower than JMUB's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
AVMU vs. JMUB — Risk / Return Rank
AVMU
JMUB
AVMU vs. JMUB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Core Municipal Fixed Income ETF (AVMU) and JPMorgan Municipal ETF (JMUB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AVMU | JMUB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.82 | 1.07 | -0.25 |
Sortino ratioReturn per unit of downside risk | 1.07 | 1.37 | -0.30 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.25 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 0.94 | 1.11 | -0.17 |
Martin ratioReturn relative to average drawdown | 2.91 | 4.20 | -1.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| AVMU | JMUB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.82 | 1.07 | -0.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | 0.36 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.69 | -0.55 |
Correlation
The correlation between AVMU and JMUB is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
AVMU vs. JMUB - Dividend Comparison
AVMU's dividend yield for the trailing twelve months is around 3.56%, less than JMUB's 3.60% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
AVMU Avantis Core Municipal Fixed Income ETF | 3.56% | 3.50% | 3.32% | 2.50% | 1.29% | 0.77% | 0.00% | 0.00% | 0.00% |
JMUB JPMorgan Municipal ETF | 3.60% | 3.52% | 3.50% | 3.20% | 2.16% | 1.94% | 2.13% | 3.66% | 0.45% |
Drawdowns
AVMU vs. JMUB - Drawdown Comparison
The maximum AVMU drawdown since its inception was -12.41%, roughly equal to the maximum JMUB drawdown of -12.50%. Use the drawdown chart below to compare losses from any high point for AVMU and JMUB.
Loading graphics...
Drawdown Indicators
| AVMU | JMUB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.41% | -12.50% | +0.09% |
Max Drawdown (1Y)Largest decline over 1 year | -4.88% | -3.47% | -1.41% |
Max Drawdown (5Y)Largest decline over 5 years | -12.41% | -12.06% | -0.35% |
Current DrawdownCurrent decline from peak | -2.54% | -2.26% | -0.28% |
Average DrawdownAverage peak-to-trough decline | -3.86% | -2.54% | -1.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.58% | 0.92% | +0.66% |
Volatility
AVMU vs. JMUB - Volatility Comparison
Avantis Core Municipal Fixed Income ETF (AVMU) has a higher volatility of 1.43% compared to JPMorgan Municipal ETF (JMUB) at 1.23%. This indicates that AVMU's price experiences larger fluctuations and is considered to be riskier than JMUB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| AVMU | JMUB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.43% | 1.23% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 2.06% | 1.64% | +0.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.35% | 3.41% | +1.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.09% | 3.30% | +0.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.00% | 4.17% | -0.17% |