Skip to content
etf.net

Launched

JPMorgan New York Tax Free Bond ETF

JTNYNYSE ArcaD

$47.47+0.31 (+0.66%)

As of Oct 13, 2026, 3:59 PM

D35/ 100

Rank 57 of 63 in Other Municipal Bond

D35/100Rank 57 of 63inOther Municipal Bond
Intraday session: up, 31 prints from 47.16 to 47.47. Range 47.26 to 47.47. Use the arrow keys to read each point.47.2047.2547.3047.3547.4010 AM12 PM2 PM4 PM
Expense ratio
0.43%
Fund size
$422M
1Y total return
—
Yield · Last 12 months
Data unavailable
Holdings
236
Avg volume · 30D
0M sh
NAV per share
$47.09
52W range
low $46.67high $50.37
Launched

The ETF.net JTNY Grade

Based on 5 of 6 pillars

D

Score 35 out of 100

Category
Other Municipal Bond⁠
Rank
57 of 63
Six-pillar profile for JTNY. Scores out of 100: Cost 17, Risk 42, Mission not scored, Tradability 41, Holdings 52, Durability 75. Strongest: Durability (75). Weakest: Cost (17). Based on 5 of 6 pillars.

Score 35 of 100 falls in the D 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.
    F17 out of 100
    Rank 52 of 63

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C42 out of 100
    Rank 44 of 63

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C41 out of 100
    Rank 41 of 63

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C52 out of 100
    Rank 38 of 63

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A75 out of 100
    Rank 13 of 63

Our read on JTNY

ETF.net Research

DMost muni ETFs buy the whole country. JTNY buys New York: income built to sidestep federal, state and city income tax, chosen by an active bond team instead of an index.

Stated mandate

The fund seeks federal tax-exempt income and capital preservation for New York residents through investments in municipal securities.

Why people hold it

  1. 01Triple-exempt by design: as a fundamental policy, at least 80% of assets go to New York munis whose interest is exempt from federal, NY State and NYC income tax, and free of individual AMT.sec.gov
  2. 02Actively run, not index-tracked. The strategy dates to 1997, and managers may put up to 20% of assets in below-investment-grade munis when they see value.sec.gov
  3. 03Single-state muni ETFs are thin on the ground. This one arrived as a mutual fund conversion, so it started with hundreds of millions in assets rather than from zero.am.jpmorgan.com

Worth knowing

  1. 01Active costs money: 0.34% a year, above the muni ETF median of 0.30% and far above broad national index funds like VTEB at 0.03% or MUB at 0.05%.
  2. 02Thinly traded, which can mean wider bid-ask spreads and more price impact on larger orders than a heavily traded national muni fund.
  3. 03One state's credit does the heavy lifting. The mandate also permits Puerto Rico and other US territory issuers, plus that 20% junk allowance.sec.govsec.gov

JTNY Holdings

As of Oct 11, 2026
Asset class
Bonds
Holdings
236
Top-10 weight
15%
Largest holding
Jpmi Tax Free Mmktf Im3.2%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 16.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Jpmi Tax Free Mmktf Im3.23%13,641,203$14M6
002—New York St Mtg Var 04/471.89%8,000,000$8M2
003—New York St Hsg Var 05/351.80%7,600,000$8M1
004—New York N Y Var 06/491.42%6,000,000$6M2
005—New York N Y 5.5% 11/521.20%5,000,000$5M6
006—Newburgh N Y 4% 06/271.19%5,000,000$5M3
007—New Windsor N Y 4% 06/271.19%5,000,000$5M3
008—Albany N Y Bd 4% 03/271.18%5,000,000$5M3
009—New York St 4% 03/441.02%5,000,000$4M6
010—New York N Y 5% 07/340.97%4,000,000$4M3
011—New York St Mtg 6% 10/550.96%3,850,000$4M2
012—New York N Y 5.25% 12/310.93%3,900,000$4M3
013—New York St 3.8% 08/320.91%4,000,000$4M3
014—New York St Twy 5% 09/510.91%4,000,000$4M4
015—Build Nyc 5% 12/320.90%3,620,000$4M1

Showing 1–15 of 236 holdings

JTNY Performance

Launched Jan 1, 1997

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.Not enough history yet.Not enough history yet.Not enough history yet.
JTNY$9,537
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. JTNY $9,537. SPY $10,332. Use the arrow keys to read each point.$9,364$9,891$10,418Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – Oct 12, 2026

Returns run to the Oct 12, 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.

Trailing total return for JTNY. Periods over one year show the average yearly return.
PeriodJTNY
Year to dateHistory unavailable—
1 month−1.9%
3 months−4.6%
1 yearHistory unavailable—
3 yearsHistory unavailableper year—
5 yearsHistory unavailableper year—
10 yearsHistory unavailableper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for JTNY
YearReturn barJTNY
2026 YTD−4.8%

History from Jun 15, 2026

JTNY in the news

Filtered to JTNY · Other Municipal Bond

JTNY Dividends

Last payment
$0.16 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 4 payments in 2026 YTD. Jul 1, 2026 $0.15; Aug 3, 2026 $0.15; Sep 1, 2026 $0.15; Oct 1, 2026 $0.16. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Oct 1, 2026Oct 5, 2026$0.16
Sep 1, 2026Sep 3, 2026$0.15
Aug 3, 2026Aug 5, 2026$0.15
Jul 1, 2026Jul 6, 2026$0.15

JTNY Risk

How much the fund’s monthly returns vary, scaled to a year.
—
No data available
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.

Return above 3-month US Treasury bills per unit of volatility.
—
No data available
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.

The largest fall from a peak to the low that followed.
—
No data available
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.

How strongly the fund’s returns move with its asset-class index.
0.88
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

JTNY Cost

Expense ratio0.43%
  • The middle half of Other Municipal Bond funds
  • Median 0.30%

51 of the 63 Other Municipal Bond funds charge less.

JTNY costs $43.00 a year on $10,000. The median Other Municipal Bond fund costs $30.00.

Other funds in Other Municipal Bond

See others