JPMorgan Municipal ETF
$48.05−0.45 (−0.92%)
- Expense ratio
- 0.18%
- Fund size
- $8.4B
- 1Y return
- −0.5%
- Yield · Last 12 months
- 3.76%
- Holdings
- 2088
- Volume · 30D
- 1.2M sh
- NAV per share
- $48.49
- 52W range
The ETF.net JMUB Grade
Score 77 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 81Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 99Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 55Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 65Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 64Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 78Category rank
Our read on JMUB
AA national municipal bond portfolio aiming at federal tax-exempt income and capital preservation, spread across roughly 2,000 bonds, priced at 0.18% a year (well under the typical muni ETF) and paying monthly.
The fund seeks federal tax-exempt income and capital preservation by investing in municipal securities.
Why people hold it
- 0.18% a year, against a muni-ETF field where the typical fee runs closer to 0.30%.
- Roughly 2,000 municipal bonds, so no single issuer, state or project sets the tone for the whole portfolio.
- Cash arrives monthly, and the mandate targets interest exempt from federal income tax.
- A multi-billion-dollar, actively traded fund that stays inside its stated muni mandate, and one of the stronger implementations in a crowded municipal peer group.
Worth knowing
- Broad index rivals go cheaper: VTEB, SCMB and MUB all charge a handful of basis points versus 0.18% here.
- Munis still move with interest rates and credit spreads. Capital preservation is the stated goal, not a floor under the share price.
- The tax break is a federal one, so what it is worth depends on your bracket and your state's rules.
JMUB Holdings
- Bonds
- 2,088
- 12%
- JPMI TAX FREE MMKTF IM
Geography
- United States100.00%
JMUB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | JMUB |
|---|---|
| Year to date | −1.6% |
| 1 month | −2.1% |
| 3 months | −3.1% |
| 1 year | −0.5% |
| 3 years | +3.2% |
| 5 years | +0.5% |
| 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 | JMUB |
|---|---|---|
| 2026 YTD | −1.6% | |
| 2025 | +4.3% | |
| 2024 | +1.9% | |
| 2023 | +6.0% | |
| 2022 | −7.4% | |
| 2021 | +1.6% | |
| 2020 | +5.0% |
JMUB in the news
ETF.net Research hasn’t filed on JMUB yet — coverage lands here as it’s written.
JMUB Dividends
- 3.76%
- $1.82
- $0.15 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 3, 2026 | $0.15 |
| Aug 3, 2026 | Aug 5, 2026 | $0.15 |
| Jul 1, 2026 | Jul 6, 2026 | $0.15 |
| Jun 1, 2026 | Jun 3, 2026 | $0.15 |
| May 1, 2026 | May 5, 2026 | $0.16 |
| Apr 1, 2026 | Apr 6, 2026 | $0.15 |
| Mar 2, 2026 | Mar 4, 2026 | $0.15 |
| Feb 2, 2026 | Feb 4, 2026 | $0.14 |
| Dec 31, 2025 | Jan 5, 2026 | $0.16 |
| Dec 1, 2025 | Dec 3, 2025 | $0.19 |
| Oct 21, 2025 | Oct 23, 2025 | $0.12 |
| Oct 1, 2025 | Oct 3, 2025 | $0.15 |
JMUB Risk
- 4.8%
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.
- −0.19
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.
- −11.7%
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.
JMUB Cost
- The middle half of Other Municipal Bond funds
- Median 0.30%
10 of the 62 Other Municipal Bond funds charge less.