JMHI vs. XMPT
Compare and contrast key facts about JPMorgan High Yield Municipal ETF (JMHI) and VanEck CEF Municipal Income ETF (XMPT).
JMHI and XMPT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JMHI is an actively managed fund by JPMorgan. It was launched on Jul 14, 2023. XMPT is a passively managed fund by VanEck that tracks the performance of the S-Network Municipal Bond Closed-End Fund Index. It was launched on Jul 12, 2011.
Performance
JMHI vs. XMPT - Performance Comparison
Loading graphics...
JMHI vs. XMPT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
JMHI JPMorgan High Yield Municipal ETF | -0.13% | 4.60% | 5.92% | 1.43% |
XMPT VanEck CEF Municipal Income ETF | -0.80% | 8.01% | 7.01% | 2.00% |
Returns By Period
In the year-to-date period, JMHI achieves a -0.13% return, which is significantly higher than XMPT's -0.80% return.
JMHI
- 1D
- 0.22%
- 1M
- -2.17%
- YTD
- -0.13%
- 6M
- 0.89%
- 1Y
- 3.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XMPT
- 1D
- 2.14%
- 1M
- -4.42%
- YTD
- -0.80%
- 6M
- 1.08%
- 1Y
- 5.47%
- 3Y*
- 4.95%
- 5Y*
- -0.99%
- 10Y*
- 2.06%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JMHI vs. XMPT - Expense Ratio Comparison
JMHI has a 0.35% expense ratio, which is lower than XMPT's 1.97% expense ratio.
Return for Risk
JMHI vs. XMPT — Risk / Return Rank
JMHI
XMPT
JMHI vs. XMPT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan High Yield Municipal ETF (JMHI) and VanEck CEF Municipal Income ETF (XMPT). 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.
| JMHI | XMPT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.74 | 0.65 | +0.09 |
Sortino ratioReturn per unit of downside risk | 0.95 | 0.90 | +0.05 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.14 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 0.87 | 0.91 | -0.05 |
Martin ratioReturn relative to average drawdown | 2.52 | 2.76 | -0.24 |
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
| JMHI | XMPT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.74 | 0.65 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.11 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.20 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.96 | 0.40 | +0.56 |
Correlation
The correlation between JMHI and XMPT is 0.54, 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.
Dividends
JMHI vs. XMPT - Dividend Comparison
JMHI's dividend yield for the trailing twelve months is around 4.62%, less than XMPT's 5.92% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JMHI JPMorgan High Yield Municipal ETF | 4.62% | 4.42% | 4.49% | 2.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XMPT VanEck CEF Municipal Income ETF | 5.92% | 5.87% | 5.35% | 3.81% | 5.12% | 3.74% | 3.79% | 4.08% | 5.05% | 4.84% | 5.35% | 5.24% |
Drawdowns
JMHI vs. XMPT - Drawdown Comparison
The maximum JMHI drawdown since its inception was -7.11%, smaller than the maximum XMPT drawdown of -35.24%. Use the drawdown chart below to compare losses from any high point for JMHI and XMPT.
Loading graphics...
Drawdown Indicators
| JMHI | XMPT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.11% | -35.24% | +28.13% |
Max Drawdown (1Y)Largest decline over 1 year | -3.97% | -6.64% | +2.67% |
Max Drawdown (5Y)Largest decline over 5 years | — | -35.24% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.24% | — |
Current DrawdownCurrent decline from peak | -2.17% | -11.73% | +9.56% |
Average DrawdownAverage peak-to-trough decline | -1.29% | -8.81% | +7.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.37% | 2.20% | -0.83% |
Volatility
JMHI vs. XMPT - Volatility Comparison
The current volatility for JPMorgan High Yield Municipal ETF (JMHI) is 1.44%, while VanEck CEF Municipal Income ETF (XMPT) has a volatility of 3.90%. This indicates that JMHI experiences smaller price fluctuations and is considered to be less risky than XMPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| JMHI | XMPT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.44% | 3.90% | -2.46% |
Volatility (6M)Calculated over the trailing 6-month period | 2.03% | 5.12% | -3.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.50% | 8.46% | -3.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.55% | 9.24% | -4.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.55% | 10.33% | -5.78% |