JMSI vs. SCMB
Compare and contrast key facts about J P Morgan Exchange-Traded Fund Trust - Sustainable Municipal Income Etf Fund (JMSI) and Schwab Municipal Bond ETF (SCMB).
JMSI and SCMB 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. SCMB is a passively managed fund by Charles Schwab that tracks the performance of the ICE AMT-Free Core U.S. National Municipal Index - Benchmark TR Gross. It was launched on Oct 11, 2022.
Performance
JMSI vs. SCMB - Performance Comparison
Loading graphics...
JMSI vs. SCMB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
JMSI J P Morgan Exchange-Traded Fund Trust - Sustainable Municipal Income Etf Fund | -0.68% | 4.40% | 2.77% | 2.70% |
SCMB Schwab Municipal Bond ETF | -0.51% | 3.78% | 0.91% | 3.25% |
Returns By Period
In the year-to-date period, JMSI achieves a -0.68% return, which is significantly lower than SCMB's -0.51% return.
JMSI
- 1D
- 0.14%
- 1M
- -2.46%
- YTD
- -0.68%
- 6M
- 0.89%
- 1Y
- 3.64%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SCMB
- 1D
- 0.24%
- 1M
- -2.42%
- YTD
- -0.51%
- 6M
- 1.25%
- 1Y
- 3.88%
- 3Y*
- 2.44%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JMSI vs. SCMB - Expense Ratio Comparison
JMSI has a 0.18% expense ratio, which is higher than SCMB's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
JMSI vs. SCMB — Risk / Return Rank
JMSI
SCMB
JMSI vs. SCMB - Risk-Adjusted Trends 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 Schwab Municipal Bond ETF (SCMB). 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.
| JMSI | SCMB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.92 | 0.94 | -0.02 |
Sortino ratioReturn per unit of downside risk | 1.20 | 1.22 | -0.02 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.21 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.22 | 1.05 | +0.17 |
Martin ratioReturn relative to average drawdown | 3.93 | 2.98 | +0.95 |
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
| JMSI | SCMB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.92 | 0.94 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.90 | 0.90 | +0.01 |
Correlation
The correlation between JMSI and SCMB 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.
Dividends
JMSI vs. SCMB - Dividend Comparison
JMSI's dividend yield for the trailing twelve months is around 3.69%, more than SCMB's 3.38% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
JMSI J P Morgan Exchange-Traded Fund Trust - Sustainable Municipal Income Etf Fund | 3.69% | 3.65% | 3.66% | 1.79% | 0.00% |
SCMB Schwab Municipal Bond ETF | 3.38% | 3.36% | 3.34% | 3.10% | 0.59% |
Drawdowns
JMSI vs. SCMB - Drawdown Comparison
The maximum JMSI drawdown since its inception was -4.57%, smaller than the maximum SCMB drawdown of -6.13%. Use the drawdown chart below to compare losses from any high point for JMSI and SCMB.
Loading graphics...
Drawdown Indicators
| JMSI | SCMB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.57% | -6.13% | +1.56% |
Max Drawdown (1Y)Largest decline over 1 year | -2.98% | -3.79% | +0.81% |
Current DrawdownCurrent decline from peak | -2.57% | -2.42% | -0.15% |
Average DrawdownAverage peak-to-trough decline | -0.88% | -1.32% | +0.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 1.34% | -0.41% |
Volatility
JMSI vs. SCMB - Volatility Comparison
J P Morgan Exchange-Traded Fund Trust - Sustainable Municipal Income Etf Fund (JMSI) and Schwab Municipal Bond ETF (SCMB) have volatilities of 1.41% and 1.47%, 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.
Loading graphics...
Volatility by Period
| JMSI | SCMB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.41% | 1.47% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 2.00% | 2.02% | -0.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.99% | 4.15% | -0.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.77% | 4.22% | -0.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.77% | 4.22% | -0.45% |