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FUMB vs. JMST
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FUMB and JMST is -0.11. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

FUMB vs. JMST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Ultra Short Duration Municipal ETF (FUMB) and JPMorgan Ultra-Short Municipal Income ETF (JMST). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Daily Std Dev

FUMB:

0.76%

JMST:

0.58%

Max Drawdown

FUMB:

0.00%

JMST:

-0.02%

Current Drawdown

FUMB:

0.00%

JMST:

0.00%

Returns By Period


FUMB

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

JMST

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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FUMB vs. JMST - Expense Ratio Comparison

FUMB has a 0.35% expense ratio, which is higher than JMST's 0.18% expense ratio.


Risk-Adjusted Performance

FUMB vs. JMST — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FUMB
The Risk-Adjusted Performance Rank of FUMB is 9797
Overall Rank
The Sharpe Ratio Rank of FUMB is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of FUMB is 9797
Sortino Ratio Rank
The Omega Ratio Rank of FUMB is 9797
Omega Ratio Rank
The Calmar Ratio Rank of FUMB is 9898
Calmar Ratio Rank
The Martin Ratio Rank of FUMB is 9898
Martin Ratio Rank

JMST
The Risk-Adjusted Performance Rank of JMST is 9898
Overall Rank
The Sharpe Ratio Rank of JMST is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of JMST is 9898
Sortino Ratio Rank
The Omega Ratio Rank of JMST is 9999
Omega Ratio Rank
The Calmar Ratio Rank of JMST is 9797
Calmar Ratio Rank
The Martin Ratio Rank of JMST is 9898
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FUMB vs. JMST - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Ultra Short Duration Municipal ETF (FUMB) and JPMorgan Ultra-Short Municipal Income ETF (JMST). 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.



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Dividends

FUMB vs. JMST - Dividend Comparison

FUMB's dividend yield for the trailing twelve months is around 3.00%, less than JMST's 3.19% yield.


TTM2024202320222021202020192018
FUMB
First Trust Ultra Short Duration Municipal ETF
3.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
JMST
JPMorgan Ultra-Short Municipal Income ETF
3.19%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FUMB vs. JMST - Drawdown Comparison

The maximum FUMB drawdown since its inception was 0.00%, smaller than the maximum JMST drawdown of -0.02%. Use the drawdown chart below to compare losses from any high point for FUMB and JMST. For additional features, visit the drawdowns tool.


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Volatility

FUMB vs. JMST - Volatility Comparison


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