JMSI vs. CGMU
Compare and contrast key facts about J P Morgan Exchange-Traded Fund Trust - Sustainable Municipal Income Etf Fund (JMSI) and Capital Group Municipal Income ETF (CGMU).
JMSI and CGMU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JMSI is an actively managed fund by JPMorgan. It was launched on Feb 9, 1993. CGMU is an actively managed fund by Capital Group. It was launched on Oct 25, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JMSI or CGMU.
Correlation
The correlation between JMSI and CGMU is 0.73, 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.
Performance
JMSI vs. CGMU - Performance Comparison
Key characteristics
JMSI:
1.19
CGMU:
1.22
JMSI:
1.62
CGMU:
1.71
JMSI:
1.23
CGMU:
1.25
JMSI:
1.78
CGMU:
1.62
JMSI:
4.92
CGMU:
5.16
JMSI:
0.76%
CGMU:
0.77%
JMSI:
3.11%
CGMU:
3.25%
JMSI:
-4.56%
CGMU:
-4.10%
JMSI:
-0.95%
CGMU:
-0.59%
Returns By Period
In the year-to-date period, JMSI achieves a 0.40% return, which is significantly lower than CGMU's 0.83% return.
JMSI
0.40%
0.76%
0.95%
3.45%
N/A
N/A
CGMU
0.83%
0.79%
1.02%
3.63%
N/A
N/A
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JMSI vs. CGMU - Expense Ratio Comparison
JMSI has a 0.18% expense ratio, which is lower than CGMU's 0.27% 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%.
Risk-Adjusted Performance
JMSI vs. CGMU — Risk-Adjusted Performance Rank
JMSI
CGMU
JMSI vs. CGMU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for J P Morgan Exchange-Traded Fund Trust - Sustainable Municipal Income Etf Fund (JMSI) and Capital Group Municipal Income ETF (CGMU). 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
JMSI vs. CGMU - Dividend Comparison
JMSI's dividend yield for the trailing twelve months is around 3.66%, more than CGMU's 3.22% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
JMSI J P Morgan Exchange-Traded Fund Trust - Sustainable Municipal Income Etf Fund | 3.66% | 3.66% | 1.79% | 0.00% |
CGMU Capital Group Municipal Income ETF | 3.22% | 3.22% | 3.09% | 0.49% |
Drawdowns
JMSI vs. CGMU - Drawdown Comparison
The maximum JMSI drawdown since its inception was -4.56%, which is greater than CGMU's maximum drawdown of -4.10%. Use the drawdown chart below to compare losses from any high point for JMSI and CGMU. For additional features, visit the drawdowns tool.
Volatility
JMSI vs. CGMU - Volatility Comparison
J P Morgan Exchange-Traded Fund Trust - Sustainable Municipal Income Etf Fund (JMSI) and Capital Group Municipal Income ETF (CGMU) have volatilities of 0.87% and 0.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.