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JMUB vs. SCHD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


JMUBSCHD
YTD Return1.87%17.47%
1Y Return6.28%27.61%
3Y Return (Ann)0.11%6.96%
5Y Return (Ann)1.44%12.74%
Sharpe Ratio2.222.70
Sortino Ratio3.253.89
Omega Ratio1.461.48
Calmar Ratio1.093.71
Martin Ratio11.2214.94
Ulcer Index0.63%2.04%
Daily Std Dev3.17%11.25%
Max Drawdown-12.50%-33.37%
Current Drawdown-1.31%-0.51%

Correlation

-0.50.00.51.00.0

The correlation between JMUB and SCHD is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

JMUB vs. SCHD - Performance Comparison

In the year-to-date period, JMUB achieves a 1.87% return, which is significantly lower than SCHD's 17.47% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
1.44%
10.72%
JMUB
SCHD

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JMUB vs. SCHD - Expense Ratio Comparison

JMUB has a 0.18% expense ratio, which is higher than SCHD's 0.06% 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%.


JMUB
JPMorgan Municipal ETF
Expense ratio chart for JMUB: current value at 0.18% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.18%
Expense ratio chart for SCHD: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

JMUB vs. SCHD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Municipal ETF (JMUB) and Schwab US Dividend Equity ETF (SCHD). 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
Sharpe ratio
The chart of Sharpe ratio for JMUB, currently valued at 2.22, compared to the broader market-2.000.002.004.006.002.22
Sortino ratio
The chart of Sortino ratio for JMUB, currently valued at 3.25, compared to the broader market-2.000.002.004.006.008.0010.0012.003.25
Omega ratio
The chart of Omega ratio for JMUB, currently valued at 1.46, compared to the broader market1.001.502.002.503.001.46
Calmar ratio
The chart of Calmar ratio for JMUB, currently valued at 1.09, compared to the broader market0.005.0010.0015.001.09
Martin ratio
The chart of Martin ratio for JMUB, currently valued at 11.22, compared to the broader market0.0020.0040.0060.0080.00100.0011.22
SCHD
Sharpe ratio
The chart of Sharpe ratio for SCHD, currently valued at 2.70, compared to the broader market-2.000.002.004.006.002.70
Sortino ratio
The chart of Sortino ratio for SCHD, currently valued at 3.89, compared to the broader market-2.000.002.004.006.008.0010.0012.003.89
Omega ratio
The chart of Omega ratio for SCHD, currently valued at 1.48, compared to the broader market1.001.502.002.503.001.48
Calmar ratio
The chart of Calmar ratio for SCHD, currently valued at 3.71, compared to the broader market0.005.0010.0015.003.71
Martin ratio
The chart of Martin ratio for SCHD, currently valued at 14.94, compared to the broader market0.0020.0040.0060.0080.00100.0014.94

JMUB vs. SCHD - Sharpe Ratio Comparison

The current JMUB Sharpe Ratio is 2.22, which is comparable to the SCHD Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of JMUB and SCHD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.22
2.70
JMUB
SCHD

Dividends

JMUB vs. SCHD - Dividend Comparison

JMUB's dividend yield for the trailing twelve months is around 3.46%, more than SCHD's 3.37% yield.


TTM20232022202120202019201820172016201520142013
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%
SCHD
Schwab US Dividend Equity ETF
3.37%3.49%3.39%2.78%3.16%2.98%3.06%2.63%2.89%2.97%2.63%2.47%

Drawdowns

JMUB vs. SCHD - Drawdown Comparison

The maximum JMUB drawdown since its inception was -12.50%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for JMUB and SCHD. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.31%
-0.51%
JMUB
SCHD

Volatility

JMUB vs. SCHD - Volatility Comparison

The current volatility for JPMorgan Municipal ETF (JMUB) is 1.50%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.49%. This indicates that JMUB experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
1.50%
3.49%
JMUB
SCHD