JMUB vs. EVIM

Last updated Apr 1, 2026

Compare and contrast key facts about JPMorgan Municipal ETF (JMUB) and Eaton Vance Intermediate Municipal Income ETF (EVIM).

JMUB and EVIM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JMUB is an actively managed fund by JPMorgan. It was launched on Oct 29, 2018. EVIM is an actively managed fund by Eaton Vance. It was launched on Oct 16, 2023.

Performance

JMUB vs. EVIM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Municipal ETF (JMUB) and Eaton Vance Intermediate Municipal Income ETF (EVIM). The values are adjusted to include any dividend payments, if applicable.

JMUB vs. EVIM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JMUB JPMorgan Municipal ETF	-0.44%	4.34%	1.88%	7.68%
EVIM Eaton Vance Intermediate Municipal Income ETF	-0.16%	5.85%	1.65%	6.88%

Returns By Period

In the year-to-date period, JMUB achieves a -0.44% return, which is significantly lower than EVIM's -0.16% return.

JMUB

• 1D: 0.08%
• 1M: -2.26%
• YTD: -0.44%
• 6M: 0.84%
• 1Y: 3.63%
• 3Y*: 3.07%
• 5Y*: 1.18%
• 10Y*: —

EVIM

• 1D: 0.38%
• 1M: -2.51%
• YTD: -0.16%
• 6M: 1.87%
• 1Y: 5.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

JMUB vs. EVIM - Expense Ratio Comparison

JMUB has a 0.18% expense ratio, which is lower than EVIM's 0.29% expense ratio.

EVIM

Eaton Vance Intermediate Municipal Income ETF

JMUB

JPMorgan Municipal ETF

Return for Risk

JMUB vs. EVIM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JMUB

JMUB Risk / Return Rank: 56
JMUB Sharpe Ratio Rank: 63
JMUB Sortino Ratio Rank: 54
JMUB Omega Ratio Rank: 69
JMUB Calmar Ratio Rank: 46
JMUB Martin Ratio Rank: 46

EVIM

EVIM Risk / Return Rank: 69
EVIM Sharpe Ratio Rank: 75
EVIM Sortino Ratio Rank: 69
EVIM Omega Ratio Rank: 84
EVIM Calmar Ratio Rank: 65
EVIM Martin Ratio Rank: 53

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JMUB vs. EVIM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Municipal ETF (JMUB) and Eaton Vance Intermediate Municipal Income ETF (EVIM). 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.

	JMUB	EVIM	Difference
Sharpe ratio Return per unit of total volatility	1.07	1.40	-0.32
Sortino ratio Return per unit of downside risk	1.37	1.76	-0.40
Omega ratio Gain probability vs. loss probability	1.25	1.34	-0.09
Calmar ratio Return relative to maximum drawdown	1.11	1.68	-0.57
Martin ratio Return relative to average drawdown	4.20	5.26	-1.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JMUB vs. EVIM - Sharpe Ratio Comparison

The current JMUB Sharpe Ratio is 1.07, which is comparable to the EVIM Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of JMUB and EVIM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JMUB	EVIM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.07	1.40	-0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	1.49	-0.80

Correlation

The correlation between JMUB and EVIM is 0.86, 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

JMUB vs. EVIM - Dividend Comparison

JMUB's dividend yield for the trailing twelve months is around 3.60%, which matches EVIM's 3.58% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
JMUB JPMorgan Municipal ETF	3.60%	3.52%	3.50%	3.20%	2.16%	1.94%	2.13%	3.66%	0.45%
EVIM Eaton Vance Intermediate Municipal Income ETF	3.58%	3.58%	3.56%	0.78%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

JMUB vs. EVIM - Drawdown Comparison

The maximum JMUB drawdown since its inception was -12.50%, which is greater than EVIM's maximum drawdown of -4.23%. Use the drawdown chart below to compare losses from any high point for JMUB and EVIM.

Drawdown Indicators

	JMUB	EVIM	Difference
Max Drawdown Largest peak-to-trough decline	-12.50%	-4.23%	-8.27%
Max Drawdown (1Y) Largest decline over 1 year	-3.47%	-3.54%	+0.07%
Max Drawdown (5Y) Largest decline over 5 years	-12.06%	—	—
Current Drawdown Current decline from peak	-2.26%	-2.51%	+0.25%
Average Drawdown Average peak-to-trough decline	-2.54%	-0.82%	-1.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.92%	1.13%	-0.21%

Volatility

JMUB vs. EVIM - Volatility Comparison

The current volatility for JPMorgan Municipal ETF (JMUB) is 1.23%, while Eaton Vance Intermediate Municipal Income ETF (EVIM) has a volatility of 1.38%. This indicates that JMUB experiences smaller price fluctuations and is considered to be less risky than EVIM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JMUB	EVIM	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.23%	1.38%	-0.15%
Volatility (6M) Calculated over the trailing 6-month period	1.64%	1.82%	-0.18%
Volatility (1Y) Calculated over the trailing 1-year period	3.41%	4.07%	-0.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.30%	3.94%	-0.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.17%	3.94%	+0.23%