Correlation
The correlation between JMSI and MUST is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
JMSI vs. MUST
Compare and contrast key facts about J P Morgan Exchange-Traded Fund Trust - Sustainable Municipal Income Etf Fund (JMSI) and Columbia Multi-Sector Municipal Income ETF (MUST).
JMSI and MUST 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. MUST is a passively managed fund by Ameriprise Financial that tracks the performance of the Bloomberg Beta Advantage Multi-Sector Municipal Bond Index. It was launched on Oct 10, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JMSI or MUST.
Performance
JMSI vs. MUST - Performance Comparison
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Key characteristics
JMSI:
0.66
MUST:
0.33
JMSI:
0.79
MUST:
0.40
JMSI:
1.13
MUST:
1.05
JMSI:
0.71
MUST:
0.28
JMSI:
2.26
MUST:
1.05
JMSI:
1.13%
MUST:
1.74%
JMSI:
4.23%
MUST:
6.91%
JMSI:
-4.57%
MUST:
-13.83%
JMSI:
-1.75%
MUST:
-3.83%
Returns By Period
In the year-to-date period, JMSI achieves a -0.38% return, which is significantly higher than MUST's -0.43% return.
JMSI
-0.38%
-0.37%
-1.36%
2.76%
N/A
N/A
N/A
MUST
-0.43%
-0.23%
-2.58%
2.24%
1.77%
0.96%
N/A
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JMSI vs. MUST - Expense Ratio Comparison
JMSI has a 0.18% expense ratio, which is lower than MUST's 0.23% 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. MUST — Risk-Adjusted Performance Rank
JMSI
MUST
JMSI vs. MUST - 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 Columbia Multi-Sector Municipal Income ETF (MUST). 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
JMSI vs. MUST - Dividend Comparison
JMSI's dividend yield for the trailing twelve months is around 3.74%, more than MUST's 3.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
JMSI J P Morgan Exchange-Traded Fund Trust - Sustainable Municipal Income Etf Fund | 3.74% | 3.66% | 1.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MUST Columbia Multi-Sector Municipal Income ETF | 3.27% | 3.13% | 2.50% | 1.76% | 1.62% | 2.33% | 2.47% | 0.55% |
Drawdowns
JMSI vs. MUST - Drawdown Comparison
The maximum JMSI drawdown since its inception was -4.57%, smaller than the maximum MUST drawdown of -13.83%. Use the drawdown chart below to compare losses from any high point for JMSI and MUST.
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Volatility
JMSI vs. MUST - Volatility Comparison
The current volatility for J P Morgan Exchange-Traded Fund Trust - Sustainable Municipal Income Etf Fund (JMSI) is 1.10%, while Columbia Multi-Sector Municipal Income ETF (MUST) has a volatility of 1.73%. This indicates that JMSI experiences smaller price fluctuations and is considered to be less risky than MUST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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