JMUB vs. FICNX
Compare and contrast key facts about JPMorgan Municipal ETF (JMUB) and Fidelity Connecticut Municipal Income Fund (FICNX).
JMUB is an actively managed fund by JPMorgan Chase. It was launched on Oct 29, 2018. FICNX is managed by Fidelity. It was launched on Oct 29, 1987.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JMUB or FICNX.
Key characteristics
| JMUB | FICNX | |
|---|---|---|
| YTD Return | 1.87% | 1.12% |
| 1Y Return | 6.28% | 6.14% |
| 3Y Return (Ann) | 0.11% | -0.49% |
| 5Y Return (Ann) | 1.44% | 0.90% |
| Sharpe Ratio | 2.22 | 1.75 |
| Sortino Ratio | 3.25 | 2.59 |
| Omega Ratio | 1.46 | 1.40 |
| Calmar Ratio | 1.09 | 0.78 |
| Martin Ratio | 11.22 | 5.87 |
| Ulcer Index | 0.63% | 0.98% |
| Daily Std Dev | 3.17% | 3.33% |
| Max Drawdown | -12.50% | -14.21% |
| Current Drawdown | -1.31% | -2.22% |
Correlation
The correlation between JMUB and FICNX is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
JMUB vs. FICNX - Performance Comparison
In the year-to-date period, JMUB achieves a 1.87% return, which is significantly higher than FICNX's 1.12% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JMUB vs. FICNX - Expense Ratio Comparison
JMUB has a 0.18% expense ratio, which is lower than FICNX's 0.48% expense ratio.
Risk-Adjusted Performance
JMUB vs. FICNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Municipal ETF (JMUB) and Fidelity Connecticut Municipal Income Fund (FICNX). 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.
Dividends
JMUB vs. FICNX - Dividend Comparison
JMUB's dividend yield for the trailing twelve months is around 3.46%, more than FICNX's 2.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JMUB JPMorgan Municipal ETF | 3.46% | 3.20% | 2.16% | 1.94% | 2.13% | 3.66% | 0.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FICNX Fidelity Connecticut Municipal Income Fund | 2.60% | 2.42% | 2.30% | 2.07% | 2.31% | 2.49% | 2.52% | 2.54% | 2.71% | 2.97% | 2.91% | 4.21% |
Drawdowns
JMUB vs. FICNX - Drawdown Comparison
The maximum JMUB drawdown since its inception was -12.50%, smaller than the maximum FICNX drawdown of -14.21%. Use the drawdown chart below to compare losses from any high point for JMUB and FICNX. For additional features, visit the drawdowns tool.
Volatility
JMUB vs. FICNX - Volatility Comparison
The current volatility for JPMorgan Municipal ETF (JMUB) is 1.50%, while Fidelity Connecticut Municipal Income Fund (FICNX) has a volatility of 1.58%. This indicates that JMUB experiences smaller price fluctuations and is considered to be less risky than FICNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.