JMSI vs. THYM
JMSI (J P Morgan Exchange-Traded Fund Trust - Sustainable Municipal Income Etf Fund) and THYM (T. Rowe Price High Income Municipal ETF) are both exchange-traded funds - JMSI is a Municipal Bonds fund actively managed by JPMorgan, while THYM is a High Yield Muni fund actively managed by T. Rowe Price. Both are actively managed. Their 0.67 correlation means they have sometimes moved together and sometimes differently. JMSI charges 0.18%/yr vs 0.32%/yr for THYM.
Performance
JMSI vs. THYM - Performance Comparison
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Returns By Period
In the year-to-date period, JMSI achieves a -0.08% return, which is significantly lower than THYM's 2.25% return.
JMSI
- 1D
- -0.13%
- 1M
- -1.81%
- 6M
- -0.76%
- YTD
- -0.08%
- 1Y
- 3.90%
- 3Y*
- 3.43%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.22%
THYM
- 1D
- 0.00%
- 1M
- -2.31%
- 6M
- 1.43%
- YTD
- 2.25%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.74M | $1.90M | $1.78M | |
| $170.69K | $138.29K | $131.50K |
JMSI vs. THYM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JMSI J P Morgan Exchange-Traded Fund Trust - Sustainable Municipal Income Etf Fund | -0.08% | 0.50% |
THYM T. Rowe Price High Income Municipal ETF | 2.25% | 0.25% |
Correlation
The correlation between JMSI and THYM is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 20, 2025 | 0.67 |
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Return for Risk
JMSI vs. THYM — Risk / Return Rank
JMSI
THYM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
JMSI vs. THYM - 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 T. Rowe Price High Income Municipal ETF (THYM). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JMSI | THYM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.29 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.52 | — | — |
| Martin ratioReturn relative to average drawdown | 4.75 | — | — |
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Drawdowns
JMSI vs. THYM - Drawdown Comparison
The maximum JMSI drawdown since its inception was -4.57%, which is greater than THYM's maximum drawdown of -2.93%. Use the drawdown chart below to compare losses from any high point for JMSI and THYM.
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Drawdown Indicators
| JMSI | THYM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.57% | -2.93% | -1.64% |
Max Drawdown (1Y)Largest decline over 1 year | -2.98% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -3.64% | — | — |
Current DrawdownCurrent decline from peak | -1.98% | -2.31% | +0.33% |
Average DrawdownAverage peak-to-trough decline | -0.92% | -0.55% | -0.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.96% | — | — |
Volatility
JMSI vs. THYM - Volatility Comparison
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Volatility by Period
| JMSI | THYM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.13% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.45% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.04% | 4.41% | -1.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.71% | 4.41% | -0.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.71% | 4.41% | -0.70% |
JMSI vs. THYM - Expense Ratio Comparison
JMSI has a 0.18% expense ratio, which is lower than THYM's 0.32% expense ratio.
Dividends
JMSI vs. THYM - Dividend Comparison
JMSI's dividend yield for the trailing twelve months is around 3.71%, more than THYM's 2.99% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
JMSI J P Morgan Exchange-Traded Fund Trust - Sustainable Municipal Income Etf Fund | 3.42% | 3.65% | 3.66% | 1.79% |
THYM T. Rowe Price High Income Municipal ETF | 2.99% | 0.37% | 0.00% | 0.00% |
Frequently Asked Questions
JMSI and THYM have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JMSI is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JMSI is cheaper with a 0.18% expense ratio, compared with 0.32% for THYM.
JMSI has the higher dividend yield at 3.42%, compared with 2.99% for THYM.
JMSI is categorized as Municipal Bonds, while THYM is High Yield Muni. They also come from different issuers: JPMorgan and T. Rowe Price. Their fees differ too: 0.18% for JMSI and 0.32% for THYM.
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