BKLN vs JMST

Comparison between INVESCO SENIOR LOAN ETF (BKLN, ETF) and JPMorgan Ultra-Short Municipal Income ETF (JMST, ETF).

5-Year PerformanceBKLN has outperformed JMST, delivering a return of +5.3% compared to +2.2%

BKLN vs JMST - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BKLN(ETF)	JMST(ETF)
Net Assets	$6.30B	$6.30B
Expense Ratio	0.65%	0.18%
Max Drawdown	32.19%	2.41%
Sharpe Ratio	0.89	-1.00
5Y Beta	0.15	0.00
5Y Dividends CAGR	14.20%	37.41%

Net Assets

BKLN

$6.30B

JMST

$6.30B

Expense Ratio

BKLN

0.65%

Winner

JMST

0.18%

Max Drawdown

BKLN

32.19%

Winner

JMST

2.41%

Sharpe Ratio

Winner

BKLN

0.89

JMST

-1.00

5Y Beta

BKLN

0.15

Winner

JMST

0.00

5Y Dividends CAGR

BKLN

14.20%

Winner

JMST

37.41%

BKLN vs JMST - Historical Returns

Returns include dividend reinvestment.

Period	BKLN	JMST
1 month	+0.75%	+0.26%
3 months	+1.43%	+0.33%
6 months	+1.81%	+1.31%
1 year	+6.03%	+3.11%
5 years(CAGR)	+5.33%	+2.24%
10 years(CAGR)	+4.36%	N/A
Max(CAGR)	+3.76%	+2.13%

Winner

BKLN

+0.75%

JMST

+0.26%

Winner

BKLN

+1.43%

JMST

+0.33%

Winner

BKLN

+1.81%

JMST

+1.31%

Winner

BKLN

+6.03%

JMST

+3.11%

5Y(CAGR)

Winner

BKLN

+5.33%

JMST

+2.24%

10Y(CAGR)

BKLN

+4.36%

JMST

N/A

Max(CAGR)

Winner

BKLN

+3.76%

JMST

+2.13%

BKLN vs JMST - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	BKLN	JMST
2026	+0.35%	+0.80%
2025	+6.88%	+3.33%
2024	+8.25%	+3.33%
2023	+12.04%	+3.57%
2022	-2.47%	+0.09%
2021	+2.50%	+0.33%
2020	+1.11%	+2.00%
2019	+9.72%	+2.07%
2018	-1.53%	+0.70%
2017	+1.99%	N/A
2016	+9.18%	N/A
2015	-2.90%	N/A
2014	+0.55%	N/A
2013	+3.82%	N/A
2012	+9.61%	N/A
2011	-2.04%	N/A

BKLN vs JMST Drawdown Comparison

The maximum drawdown for BKLN was -24.16%, occurring on Mar 23, 2020. Recovery took 228 trading sessions.

The maximum drawdown for JMST was -2.41%, occurring on Mar 20, 2020. Recovery took 29 trading sessions.

The current BKLN drawdown is -0.05%.

Rank	BKLN	JMST
#1	-24.16% Jan 8, 2020 - Dec 2, 2020	-2.41% Mar 9, 2020 - Apr 20, 2020
#2	-8.75% May 13, 2011 - Feb 2, 2012	-1.15% Dec 29, 2021 - Dec 13, 2022
#3	-7.31% Jan 14, 2022 - Jan 23, 2023	-0.71% Apr 1, 2025 - May 15, 2025
#4	-7.07% May 4, 2015 - Jul 8, 2016	-0.32% May 16, 2023 - Jun 6, 2023
#5	-5.69% Oct 2, 2018 - Feb 22, 2019	-0.26% Jan 31, 2023 - Mar 10, 2023
#6	-3.73% Jul 2, 2014 - Apr 7, 2015	-0.25% Oct 29, 2025 - Nov 6, 2025
#7	-3.71% May 4, 2012 - Jul 13, 2012	-0.25% Apr 13, 2023 - May 11, 2023
#8	-3.55% Feb 18, 2025 - May 2, 2025	-0.22% Sep 13, 2023 - Oct 10, 2023
#9	-3.07% Jan 9, 2026 - May 5, 2026	-0.21% Mar 17, 2026 - Apr 20, 2026
#10	-2.66% Mar 3, 2023 - Apr 11, 2023	-0.20% Mar 25, 2025 - Apr 1, 2025
#11	-2.39% Mar 3, 2011 - Apr 4, 2011	-0.19% Sep 20, 2021 - Dec 29, 2021
#12	-2.04% May 22, 2013 - Oct 28, 2013	-0.18% Aug 21, 2019 - Oct 4, 2019
#13	-1.66% Jul 22, 2024 - Aug 16, 2024	-0.17% Nov 5, 2024 - Nov 8, 2024
#14	-1.57% Sep 17, 2019 - Dec 4, 2019	-0.17% Aug 6, 2024 - Aug 19, 2024
#15	-1.52% Oct 17, 2012 - Dec 6, 2012	-0.16% Jan 31, 2024 - Feb 15, 2024

Correlation

Correlation between BKLN and JMST is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2011 - 2026)

BKLN vs JMST dividend yield comparison.

Year	BKLN	JMST
2026	2.08%	0.86%
2025	6.95%	2.84%
2024	8.41%	3.32%
2023	8.59%	3.09%
2022	4.94%	1.10%
2021	3.11%	0.27%
2020	3.56%	0.87%
2019	4.86%	1.63%
2018	4.51%	0.28%
2017	3.50%	0.00%
2016	4.54%	0.00%
2015	4.12%	0.00%
2014	4.12%	0.00%
2013	4.40%	0.00%
2012	4.81%	0.00%
2011	3.39%	0.00%