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Launched

JPMorgan New York Tax Free Bond ETF

JTNYNYSE ArcaJ.P. MorganD

$48.83−0.23 (−0.47%)

As of Nov 10, 2026, 11:12 AM ET

D34/ 100

Rank 58 of 63 in Other Municipal Bond

D34/100Rank 58 of 63inOther Municipal Bond
Intraday session: down, 21 prints from 49.06 to 48.83. Range 48.58 to 48.91. Use the arrow keys to read each point.48.6048.7048.9049.0010 AM12 PM2 PM4 PM
Expense ratio
0.43%
Fund size
$449M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
248
Avg volume · 30D
59K sh
52W range
low $46.67high $50.37
Launched

The ETF.net JTNY Grade

Based on 5 of 6 pillars

D

Score 34 out of 100

Category
Other Municipal Bond⁠
Rank
58 of 63
Six-pillar profile for JTNY. Scores out of 100: Cost 15, Risk 40, Mission not scored, Tradability 44, Holdings 53, Durability 74. Strongest: Durability (74). Weakest: Cost (15). Based on 5 of 6 pillars.

Score 34 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.
    F15 out of 100
    Rank 53 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.
    C40 out of 100
    Rank 47 of 63

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C44 out of 100
    Rank 38 of 63

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C53 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.
    A74 out of 100
    Rank 13 of 63

Our read on JTNY

ETF.net Research

In short

DA 1997-vintage New York muni strategy that stepped into an ETF wrapper intact: income exempt from federal, New York State and New York City income taxes, picked bond by bond by a credit team instead of copied from 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

  • Triple duty for New Yorkers. Interest is excluded from federal gross income and exempt from New York State and New York City personal income taxes.jpmorgan.comjpmorgan.com 2
  • Not a startup. The strategy dates to 1997 and arrived as a converted mutual fund, portfolio and managers in place, skipping the usual seeding phase.etftrends.com
  • Actively run: a dedicated credit team weighs each New York issuer against similar-rated bonds, spread over a couple hundred holdings.jpmorgan.com

Worth knowing

  • Active costs more: 0.43%, gross and net, with no fee waiver. That sits above the category median and above national muni index funds like VTEB (0.03%) and MUB (0.05%).
  • One state's credit risk. New York issuers only, so a state budget squeeze or local tax-base stress lands harder here than in a 50-state muni fund.jpmorgan.com
  • Thinly traded, so bid-ask spreads can run wider than on the big national muni ETFs.

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$10,021
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$9,758
Aug 7, 2026 to Nov 9, 2026. JTNY $10,021. SPY $9,758. Use the arrow keys to read each point.$9,600$9,800$10,000Aug 2026Sep 2026Nov 2026

Aug 7, 2026 – Nov 9, 2026

Returns run to the Nov 9, 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 unavailableNo data
1 month+4.3%
3 months+0.2%
1 yearHistory unavailableNo data
3 yearsHistory unavailableper yearNo data
5 yearsHistory unavailableper yearNo data
10 yearsHistory unavailableper yearNo data

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−0.7%

History from Jun 15, 2026

JTNY in the news

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. 5 payments in 2026 YTD. Jul 1, 2026 $0.15; Aug 3, 2026 $0.15; Sep 1, 2026 $0.15; Oct 1, 2026 $0.16; Nov 2, 2026 $0.16. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Nov 4, 2026$0.16
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

Risk pillarC40 out of 100Rank 47 of 63 in Other Municipal Bond
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.

FMP measures it over up to five years of monthly returns.

JTNY Cost

Compare JTNY and VTEB

Overpaying vs VTEB, tied cheapest in Other Municipal Bond

$8,024

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • JTNY 0.43%

    $8,662

  • VTEB 0.03% Tied cheapest

    $638

$10,000
30 years

Cost over time

  • JTNY 0.43%
  • VTEB 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530JTNY $8,662VTEB $638

Year by year

YearJTNYVTEBOverpaying
10$776$55$721
20$2,994$216$2,778
30$8,662$638$8,024

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