MMIN vs. JMUB
Compare and contrast key facts about IQ MacKay Municipal Insured ETF (MMIN) and JPMorgan Municipal ETF (JMUB).
MMIN and JMUB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MMIN is a passively managed fund by New York Life that tracks the performance of the Bloomberg Barclays Municipal All Insured Bond Index. It was launched on Oct 18, 2017. JMUB is an actively managed fund by JPMorgan. It was launched on Oct 29, 2018.
Performance
MMIN vs. JMUB - Performance Comparison
Loading graphics...
MMIN vs. JMUB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
MMIN IQ MacKay Municipal Insured ETF | 0.02% | 4.65% | 0.93% | 7.45% | -11.20% | 1.35% | 7.47% | 8.08% | 2.73% |
JMUB JPMorgan Municipal ETF | -0.44% | 4.34% | 1.88% | 5.96% | -7.43% | 1.58% | 4.98% | 8.37% | 2.81% |
Returns By Period
In the year-to-date period, MMIN achieves a 0.02% return, which is significantly higher than JMUB's -0.44% return.
MMIN
- 1D
- 0.26%
- 1M
- -2.33%
- YTD
- 0.02%
- 6M
- 1.92%
- 1Y
- 4.95%
- 3Y*
- 3.15%
- 5Y*
- 0.62%
- 10Y*
- —
JMUB
- 1D
- 0.08%
- 1M
- -2.26%
- YTD
- -0.44%
- 6M
- 0.84%
- 1Y
- 3.63%
- 3Y*
- 3.07%
- 5Y*
- 1.18%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MMIN vs. JMUB - Expense Ratio Comparison
MMIN has a 0.31% expense ratio, which is higher than JMUB's 0.18% expense ratio.
Return for Risk
MMIN vs. JMUB — Risk / Return Rank
MMIN
JMUB
MMIN vs. JMUB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IQ MacKay Municipal Insured ETF (MMIN) and JPMorgan Municipal ETF (JMUB). 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.
| MMIN | JMUB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.94 | 1.07 | -0.13 |
Sortino ratioReturn per unit of downside risk | 1.24 | 1.37 | -0.13 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.25 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.27 | 1.11 | +0.15 |
Martin ratioReturn relative to average drawdown | 3.49 | 4.20 | -0.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MMIN | JMUB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.94 | 1.07 | -0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.12 | 0.36 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.69 | -0.34 |
Correlation
The correlation between MMIN and JMUB is 0.74, 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
MMIN vs. JMUB - Dividend Comparison
MMIN's dividend yield for the trailing twelve months is around 4.48%, more than JMUB's 3.60% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MMIN IQ MacKay Municipal Insured ETF | 4.48% | 4.07% | 3.96% | 3.73% | 2.93% | 1.72% | 2.21% | 2.75% | 2.78% | 0.47% |
JMUB JPMorgan Municipal ETF | 3.60% | 3.52% | 3.50% | 3.20% | 2.16% | 1.94% | 2.13% | 3.66% | 0.45% | 0.00% |
Drawdowns
MMIN vs. JMUB - Drawdown Comparison
The maximum MMIN drawdown since its inception was -16.87%, which is greater than JMUB's maximum drawdown of -12.50%. Use the drawdown chart below to compare losses from any high point for MMIN and JMUB.
Loading graphics...
Drawdown Indicators
| MMIN | JMUB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.87% | -12.50% | -4.37% |
Max Drawdown (1Y)Largest decline over 1 year | -4.16% | -3.47% | -0.69% |
Max Drawdown (5Y)Largest decline over 5 years | -16.87% | -12.06% | -4.81% |
Current DrawdownCurrent decline from peak | -2.33% | -2.26% | -0.07% |
Average DrawdownAverage peak-to-trough decline | -4.39% | -2.54% | -1.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.51% | 0.92% | +0.59% |
Volatility
MMIN vs. JMUB - Volatility Comparison
IQ MacKay Municipal Insured ETF (MMIN) has a higher volatility of 1.54% compared to JPMorgan Municipal ETF (JMUB) at 1.23%. This indicates that MMIN's price experiences larger fluctuations and is considered to be riskier than JMUB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MMIN | JMUB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.54% | 1.23% | +0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 2.29% | 1.64% | +0.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.28% | 3.41% | +1.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.98% | 3.30% | +1.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.03% | 4.17% | +2.86% |