JPMorgan Sustainable Municipal Income ETF
$48.79+0.13 (+0.27%)
- 0.46%
- $402M
- +0.1%
- 3.77%
- 80.4K sh
- low $46.79high $51.36
The ETF.net JMSI Grade
C
Score 51 out of 100
- 45 of 63
Score 51 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F13 out of 100Rank 55 of 63Mission
Whether the fund did what it promised, tested against its stated mandate.A95 out of 100Rank 19 of 59Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B63 out of 100Rank 12 of 63Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C44 out of 100Rank 38 of 63Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C46 out of 100Rank 44 of 63Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B69 out of 100Rank 21 of 63
Our read on JMSI
In short
CA muni fund where "sustainable" has a definition: at least 80% of assets in bonds funding affordable housing, hospitals, schools, water systems and transit. Actively run, value-oriented, tax-exempt income paid monthly.
Stated mandate
The fund seeks current income exempt from federal income tax by investing in municipal bonds whose proceeds support positive social or environmental benefits.
Why people hold it
Worth knowing
JMSI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
JMSI$10,015
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | JMSI |
|---|---|
| Year to date | −0.4% |
| 1 month | +3.8% |
| 3 months | −0.3% |
| 1 year | +0.1% |
| 3 years | +4.7% |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | JMSI |
|---|---|---|
| 2026 YTD | −0.4% | |
| 2025 | +4.4% | |
| 2024 | +2.8% | |
| 2023 | +2.7% |
JMSI in the news
JMSI Dividends
- 3.77%
- $1.84
- $0.16 per share
- Monthly
JMSI Risk
- 5.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.05
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −6.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.82
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
JMSI Cost
Overpaying vs VTEB, tied cheapest in Other Municipal Bond
$8,592
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
JMSI 0.46%
$9,230
VTEB 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | JMSI | VTEB | Overpaying |
|---|---|---|---|
| 10 | $830 | $55 | $775 |
| 20 | $3,195 | $216 | $2,979 |
| 30 | $9,230 | $638 | $8,592 |
Other funds in Other Municipal Bond
- CBMOPBNY Mellon Municipal Opportunities ETFExpense ratio 0.49%1 year return
- CFTOHFranklin Ohio Municipal Income ETFExpense ratio 0.35%1 year return
- CRMOPRockefeller Opportunistic Municipal Bond ETFExpense ratio 0.80%1 year return +0.9%
- CTAXMBondBloxx IR+M Tax-Aware ETF for Massachusetts ResidentsExpense ratio 0.35%1 year return −0.2%
- CSCNMSterling Capital National Municipal Bond ETFExpense ratio 0.35%1 year return
