FICNX vs. JMUB
Compare and contrast key facts about Fidelity Connecticut Municipal Income Fund (FICNX) and JPMorgan Municipal ETF (JMUB).
FICNX is managed by Fidelity. It was launched on Oct 29, 1987. JMUB is an actively managed fund by JPMorgan Chase. It was launched on Oct 29, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FICNX or JMUB.
Key characteristics
| FICNX | JMUB | |
|---|---|---|
| YTD Return | 1.12% | 1.87% |
| 1Y Return | 6.14% | 6.28% |
| 3Y Return (Ann) | -0.49% | 0.11% |
| 5Y Return (Ann) | 0.90% | 1.44% |
| Sharpe Ratio | 1.75 | 2.22 |
| Sortino Ratio | 2.59 | 3.25 |
| Omega Ratio | 1.40 | 1.46 |
| Calmar Ratio | 0.78 | 1.09 |
| Martin Ratio | 5.87 | 11.22 |
| Ulcer Index | 0.98% | 0.63% |
| Daily Std Dev | 3.33% | 3.17% |
| Max Drawdown | -14.21% | -12.50% |
| Current Drawdown | -2.22% | -1.31% |
Correlation
The correlation between FICNX and JMUB is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FICNX vs. JMUB - Performance Comparison
In the year-to-date period, FICNX achieves a 1.12% return, which is significantly lower than JMUB's 1.87% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FICNX vs. JMUB - Expense Ratio Comparison
FICNX has a 0.48% expense ratio, which is higher than JMUB's 0.18% expense ratio.
Risk-Adjusted Performance
FICNX vs. JMUB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Connecticut Municipal Income Fund (FICNX) 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.
Dividends
FICNX vs. JMUB - Dividend Comparison
FICNX's dividend yield for the trailing twelve months is around 2.60%, less than JMUB's 3.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FICNX Fidelity Connecticut Municipal Income Fund | 2.60% | 2.42% | 2.30% | 2.07% | 2.31% | 2.49% | 2.52% | 2.54% | 2.71% | 2.97% | 2.91% | 4.21% |
JMUB JPMorgan Municipal ETF | 3.46% | 3.20% | 2.16% | 1.94% | 2.13% | 3.66% | 0.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FICNX vs. JMUB - Drawdown Comparison
The maximum FICNX drawdown since its inception was -14.21%, which is greater than JMUB's maximum drawdown of -12.50%. Use the drawdown chart below to compare losses from any high point for FICNX and JMUB. For additional features, visit the drawdowns tool.
Volatility
FICNX vs. JMUB - Volatility Comparison
Fidelity Connecticut Municipal Income Fund (FICNX) has a higher volatility of 1.58% compared to JPMorgan Municipal ETF (JMUB) at 1.50%. This indicates that FICNX'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.