SCMBX vs. JMUB
Compare and contrast key facts about DWS Managed Municipal Bond Fund (SCMBX) and JPMorgan Municipal ETF (JMUB).
SCMBX is managed by Blackrock. It was launched on Oct 13, 1976. JMUB is an actively managed fund by JPMorgan Chase. It was launched on Oct 29, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SCMBX or JMUB.
Key characteristics
| SCMBX | JMUB | |
|---|---|---|
| YTD Return | 2.81% | 2.06% |
| 1Y Return | 9.94% | 7.77% |
| 3Y Return (Ann) | -0.51% | 0.17% |
| 5Y Return (Ann) | 1.39% | 1.53% |
| Sharpe Ratio | 2.53 | 2.32 |
| Sortino Ratio | 3.90 | 3.43 |
| Omega Ratio | 1.61 | 1.49 |
| Calmar Ratio | 0.89 | 0.99 |
| Martin Ratio | 11.62 | 12.21 |
| Ulcer Index | 0.85% | 0.61% |
| Daily Std Dev | 3.92% | 3.21% |
| Max Drawdown | -17.56% | -12.50% |
| Current Drawdown | -2.28% | -1.12% |
Correlation
The correlation between SCMBX and JMUB 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
SCMBX vs. JMUB - Performance Comparison
In the year-to-date period, SCMBX achieves a 2.81% return, which is significantly higher than JMUB's 2.06% 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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SCMBX vs. JMUB - Expense Ratio Comparison
SCMBX has a 0.54% expense ratio, which is higher than JMUB's 0.18% expense ratio.
Risk-Adjusted Performance
SCMBX vs. JMUB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DWS Managed Municipal Bond Fund (SCMBX) 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.
Dividends
SCMBX vs. JMUB - Dividend Comparison
SCMBX's dividend yield for the trailing twelve months is around 4.04%, more than JMUB's 3.45% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCMBX DWS Managed Municipal Bond Fund | 4.04% | 4.08% | 4.30% | 2.87% | 4.00% | 3.49% | 3.38% | 3.42% | 3.78% | 3.91% | 4.07% | 4.30% |
JMUB JPMorgan Municipal ETF | 3.45% | 3.20% | 2.16% | 1.94% | 2.13% | 3.66% | 0.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SCMBX vs. JMUB - Drawdown Comparison
The maximum SCMBX drawdown since its inception was -17.56%, which is greater than JMUB's maximum drawdown of -12.50%. Use the drawdown chart below to compare losses from any high point for SCMBX and JMUB. For additional features, visit the drawdowns tool.
Volatility
SCMBX vs. JMUB - Volatility Comparison
DWS Managed Municipal Bond Fund (SCMBX) has a higher volatility of 1.93% compared to JPMorgan Municipal ETF (JMUB) at 1.52%. This indicates that SCMBX'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.