SECU vs. JMTG

Last updated Jul 17, 2026

SECU (iShares Securitized Income Active ETF) and JMTG (JPMorgan Mortgage-Backed Securities ETF) are both Mortgage Backed Securities funds. Both are actively managed. At a 0.47 correlation, their price movements are largely independent. SECU charges 0.40%/yr vs 0.24%/yr for JMTG.

Performance

SECU vs. JMTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Securitized Income Active ETF (SECU) and JPMorgan Mortgage-Backed Securities ETF (JMTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SECU

• 1D: 0.02%
• 1M: 0.08%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JMTG

• 1D: 0.06%
• 1M: -0.37%
• 6M: 0.32%
• YTD: 0.70%
• 1Y: 5.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SECU vs. JMTG - Yearly Performance Comparison

	2026 (YTD)
SECU iShares Securitized Income Active ETF	2.00%
JMTG JPMorgan Mortgage-Backed Securities ETF	0.54%

Correlation

The correlation between SECU and JMTG is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 26, 2026	0.47

Return for Risk

SECU vs. JMTG — Risk / Return Rank

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

SECU

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

JMTG

JMTG Risk / Return Rank: 51
JMTG Sharpe Ratio Rank: 55
JMTG Sortino Ratio Rank: 58
JMTG Omega Ratio Rank: 53
JMTG Calmar Ratio Rank: 48
JMTG Martin Ratio Rank: 41

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.

SECU vs. JMTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Securitized Income Active ETF (SECU) and JPMorgan Mortgage-Backed Securities ETF (JMTG). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SECU	JMTG	Difference
Sharpe ratio: Return per unit of total volatility	—	1.50	—
Sortino ratio: Return per unit of downside risk	—	2.22	—
Omega ratio: Gain probability vs. loss probability	—	1.27	—
Calmar ratio: Return relative to maximum drawdown	—	1.98	—
Martin ratio: Return relative to average drawdown	—	5.36	—

Drawdowns

SECU vs. JMTG - Drawdown Comparison

The maximum SECU drawdown since its inception was -1.76%, smaller than the maximum JMTG drawdown of -2.78%. Use the drawdown chart below to compare losses from any high point for SECU and JMTG.

Drawdown Indicators

	SECU	JMTG	Difference
Max Drawdown Largest peak-to-trough decline	-1.76%	-2.78%	+1.02%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.78%	—
Current Drawdown Current decline from peak	-0.04%	-1.55%	+1.51%
Average Drawdown Average peak-to-trough decline	-0.46%	-0.76%	+0.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.02%	—

Volatility

Volatility by Period

	SECU	JMTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.08%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.88%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.15%	3.67%	-0.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.15%	3.68%	-0.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.15%	3.68%	-0.53%

SECU vs. JMTG - Expense Ratio Comparison

SECU has a 0.40% expense ratio, which is higher than JMTG's 0.24% expense ratio.

Dividends

SECU vs. JMTG - Dividend Comparison

SECU's dividend yield for the trailing twelve months is around 2.52%, less than JMTG's 4.31% yield.

Position	TTM	2025
JMTG JPMorgan Mortgage-Backed Securities ETF	4.31%	2.10%
SECU iShares Securitized Income Active ETF	2.52%	0.00%

Frequently Asked Questions

Can I hold both SECU and JMTG in my portfolio?

SECU and JMTG have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SECU or JMTG?

On fees, JMTG is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SECU or JMTG?

JMTG is cheaper with a 0.24% expense ratio, compared with 0.40% for SECU.

Which ETF pays a higher dividend yield, SECU or JMTG?

JMTG has the higher dividend yield at 4.31%, compared with 2.52% for SECU.

What is the main difference between SECU and JMTG?

They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.40% for SECU and 0.24% for JMTG.