SECU vs. JMTG

Last updated Jun 5, 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 0.42 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: 0.03%
• 1M: 0.36%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JMTG

• 1D: 0.08%
• 1M: -0.08%
• YTD: 0.53%
• 6M: 0.81%
• 1Y: —
• 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	1.36%
JMTG JPMorgan Mortgage-Backed Securities ETF	0.18%

Correlation

The correlation between SECU and JMTG is 0.42, 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 27, 2026	0.42

SECU vs. JMTG - Sectors Allocation Comparison

Sectors	SECU	JMTG
Financial Services	0.0%	9.2%
Basic Materials	-	0.0%
Communication Services	-	3.0%
Consumer Cyclical	-	0.1%
Consumer Defensive	-	0.2%
Energy	-	0.4%
Healthcare	-	6.1%
Industrials	-	0.1%
Real Estate	-	5.3%
Technology	-	27.4%
Utilities	-	-

Return for Risk

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.

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

Sharpe Ratios by Period

	SECU	JMTG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.17	1.31	-0.15

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%
Current Drawdown Current decline from peak	-0.07%	-1.72%	+1.65%
Average Drawdown Average peak-to-trough decline	-0.55%	-0.67%	+0.12%

Volatility

Volatility by Period

	SECU	JMTG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	3.32%	3.67%	-0.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.32%	3.67%	-0.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.32%	3.67%	-0.35%

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 2.10%, less than JMTG's 3.91% yield.

Position	TTM	2025
JMTG JPMorgan Mortgage-Backed Securities ETF	3.91%	2.10%
SECU iShares Securitized Income Active ETF	2.10%	0.00%

Frequently Asked Questions

Can I hold both SECU and JMTG in my portfolio?

SECU and JMTG have a correlation of 0.42, 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 3.91%, compared with 2.10% 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.