JMTG vs. SPMB
Compare and contrast key facts about JPMorgan Mortgage-Backed Securities ETF (JMTG) and SPDR Portfolio Mortgage Backed Bond ETF (SPMB).
JMTG and SPMB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JMTG is an actively managed fund by JPMorgan. It was launched on Aug 18, 2000. SPMB is a passively managed fund by State Street that tracks the performance of the Bloomberg US Aggregate Securitized - MBS. It was launched on Jan 15, 2009.
Performance
JMTG vs. SPMB - Performance Comparison
Loading graphics...
JMTG vs. SPMB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JMTG JPMorgan Mortgage-Backed Securities ETF | 0.59% | 3.90% |
SPMB SPDR Portfolio Mortgage Backed Bond ETF | 0.51% | 3.98% |
Returns By Period
In the year-to-date period, JMTG achieves a 0.59% return, which is significantly higher than SPMB's 0.51% return.
JMTG
- 1D
- 0.28%
- 1M
- -1.66%
- YTD
- 0.59%
- 6M
- 2.11%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SPMB
- 1D
- 0.31%
- 1M
- -1.58%
- YTD
- 0.51%
- 6M
- 1.98%
- 1Y
- 5.73%
- 3Y*
- 4.11%
- 5Y*
- 0.37%
- 10Y*
- 1.29%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JMTG vs. SPMB - Expense Ratio Comparison
JMTG has a 0.24% expense ratio, which is higher than SPMB's 0.04% 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
JMTG vs. SPMB — Risk / Return Rank
JMTG
SPMB
JMTG vs. SPMB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Mortgage-Backed Securities ETF (JMTG) and SPDR Portfolio Mortgage Backed Bond ETF (SPMB). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading graphics...
Sharpe Ratios by Period
| JMTG | SPMB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.18 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.05 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.17 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.65 | 0.34 | +1.31 |
Correlation
The correlation between JMTG and SPMB is 0.92, 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
JMTG vs. SPMB - Dividend Comparison
JMTG's dividend yield for the trailing twelve months is around 2.81%, less than SPMB's 4.02% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JMTG JPMorgan Mortgage-Backed Securities ETF | 2.81% | 2.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPMB SPDR Portfolio Mortgage Backed Bond ETF | 4.02% | 3.98% | 3.76% | 3.21% | 2.98% | 2.59% | 2.95% | 3.24% | 3.36% | 3.13% | 2.99% | 3.05% |
Drawdowns
JMTG vs. SPMB - Drawdown Comparison
The maximum JMTG drawdown since its inception was -2.64%, smaller than the maximum SPMB drawdown of -18.03%. Use the drawdown chart below to compare losses from any high point for JMTG and SPMB.
Loading graphics...
Drawdown Indicators
| JMTG | SPMB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.64% | -18.03% | +15.39% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.93% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.49% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.03% | — |
Current DrawdownCurrent decline from peak | -1.66% | -1.58% | -0.08% |
Average DrawdownAverage peak-to-trough decline | -0.46% | -2.87% | +2.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.02% | — |
Volatility
JMTG vs. SPMB - Volatility Comparison
Loading graphics...
Volatility by Period
| JMTG | SPMB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.83% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.77% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.68% | 4.88% | -1.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.68% | 6.73% | -3.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.68% | 7.59% | -3.91% |