XMPT vs. JMHI
Compare and contrast key facts about VanEck CEF Municipal Income ETF (XMPT) and JPMorgan High Yield Municipal ETF (JMHI).
XMPT and JMHI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XMPT is a passively managed fund by VanEck that tracks the performance of the S-Network Municipal Bond Closed-End Fund Index. It was launched on Jul 12, 2011. JMHI is an actively managed fund by JPMorgan. It was launched on Jul 14, 2023.
Performance
XMPT vs. JMHI - Performance Comparison
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XMPT vs. JMHI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XMPT VanEck CEF Municipal Income ETF | -0.80% | 8.01% | 7.01% | 2.00% |
JMHI JPMorgan High Yield Municipal ETF | -0.13% | 4.60% | 5.92% | 1.43% |
Returns By Period
In the year-to-date period, XMPT achieves a -0.80% return, which is significantly lower than JMHI's -0.13% return.
XMPT
- 1D
- 2.14%
- 1M
- -4.42%
- YTD
- -0.80%
- 6M
- 1.08%
- 1Y
- 5.47%
- 3Y*
- 4.95%
- 5Y*
- -0.99%
- 10Y*
- 2.06%
JMHI
- 1D
- 0.22%
- 1M
- -2.17%
- YTD
- -0.13%
- 6M
- 0.89%
- 1Y
- 3.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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XMPT vs. JMHI - Expense Ratio Comparison
XMPT has a 1.97% expense ratio, which is higher than JMHI's 0.35% expense ratio.
Return for Risk
XMPT vs. JMHI — Risk / Return Rank
XMPT
JMHI
XMPT vs. JMHI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck CEF Municipal Income ETF (XMPT) and JPMorgan High Yield Municipal ETF (JMHI). 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.
| XMPT | JMHI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.65 | 0.74 | -0.09 |
Sortino ratioReturn per unit of downside risk | 0.90 | 0.95 | -0.05 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.16 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 0.91 | 0.87 | +0.05 |
Martin ratioReturn relative to average drawdown | 2.76 | 2.52 | +0.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XMPT | JMHI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.65 | 0.74 | -0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.11 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.20 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.96 | -0.56 |
Correlation
The correlation between XMPT and JMHI is 0.54, 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.
Dividends
XMPT vs. JMHI - Dividend Comparison
XMPT's dividend yield for the trailing twelve months is around 5.92%, more than JMHI's 4.62% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XMPT VanEck CEF Municipal Income ETF | 5.92% | 5.87% | 5.35% | 3.81% | 5.12% | 3.74% | 3.79% | 4.08% | 5.05% | 4.84% | 5.35% | 5.24% |
JMHI JPMorgan High Yield Municipal ETF | 4.62% | 4.42% | 4.49% | 2.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
XMPT vs. JMHI - Drawdown Comparison
The maximum XMPT drawdown since its inception was -35.24%, which is greater than JMHI's maximum drawdown of -7.11%. Use the drawdown chart below to compare losses from any high point for XMPT and JMHI.
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Drawdown Indicators
| XMPT | JMHI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.24% | -7.11% | -28.13% |
Max Drawdown (1Y)Largest decline over 1 year | -6.64% | -3.97% | -2.67% |
Max Drawdown (5Y)Largest decline over 5 years | -35.24% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.24% | — | — |
Current DrawdownCurrent decline from peak | -11.73% | -2.17% | -9.56% |
Average DrawdownAverage peak-to-trough decline | -8.81% | -1.29% | -7.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.20% | 1.37% | +0.83% |
Volatility
XMPT vs. JMHI - Volatility Comparison
VanEck CEF Municipal Income ETF (XMPT) has a higher volatility of 3.90% compared to JPMorgan High Yield Municipal ETF (JMHI) at 1.44%. This indicates that XMPT's price experiences larger fluctuations and is considered to be riskier than JMHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XMPT | JMHI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.90% | 1.44% | +2.46% |
Volatility (6M)Calculated over the trailing 6-month period | 5.12% | 2.03% | +3.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.46% | 4.50% | +3.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.24% | 4.55% | +4.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.33% | 4.55% | +5.78% |