JMHI vs PBDC
Comparison between JPMORGAN HIGH YIELD MUNICIPAL ETF (JMHI, ETF) and Putnam BDC Income ETF (PBDC, ETF).
JMHI vs PBDC - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
JMHI
$281M
Winner
PBDC
$281M
Expense Ratio
Winner
JMHI
0.35%
PBDC
13.49%
Max Drawdown
Winner
JMHI
8.42%
PBDC
28.92%
Sharpe Ratio
Winner
JMHI
0.86
PBDC
-0.96
5Y Beta
Winner
JMHI
0.02
PBDC
0.68
P/E Ratio
JMHI
N/A
PBDC
12.53
Forward P/E
JMHI
N/A
PBDC
9.08
PEG Ratio
JMHI
N/A
PBDC
0.61
P/S Ratio
JMHI
N/A
PBDC
3.96
P/B Ratio
JMHI
N/A
PBDC
0.87
JMHI vs PBDC - Historical Returns
Returns include dividend reinvestment.
1M
JMHI
-0.66%
Winner
PBDC
+4.11%
3M
Winner
JMHI
+0.35%
PBDC
-1.57%
6M
Winner
JMHI
+1.10%
PBDC
-9.37%
1Y
Winner
JMHI
+6.23%
PBDC
-13.65%
Max(CAGR)
JMHI
+4.43%
Winner
PBDC
+12.47%
JMHI vs PBDC - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | JMHI | PBDC |
|---|---|---|
| 2026 | +1.32% | -8.51% |
| 2025 | +4.49% | -2.34% |
| 2024 | +5.85% | +19.15% |
| 2023 | +1.43% | +28.69% |
| 2022 | N/A | +10.87% |
JMHI vs PBDC Drawdown Comparison
The maximum drawdown for JMHI was -7.11%, occurring on Oct 31, 2023. Recovery took 104 trading sessions.
The maximum drawdown for PBDC was -20.29%, occurring on Mar 12, 2026. This drawdown has not yet recovered.
The current JMHI drawdown is -1.36%. The current PBDC drawdown is -15.45%.
| Rank | JMHI | PBDC |
|---|---|---|
| #1 | -7.11% Jul 18, 2023 - Dec 13, 2023 | -20.29% Feb 19, 2025 - Mar 12, 2026 |
| #2 | -4.77% Feb 28, 2025 - Sep 10, 2025 | -10.57% Mar 6, 2023 - Jun 7, 2023 |
| #3 | -2.93% Feb 27, 2026 - Jun 22, 2026 | -8.47% Jul 8, 2024 - Oct 18, 2024 |
| #4 | -2.35% Dec 9, 2024 - Feb 3, 2025 | -6.44% Nov 25, 2022 - Jan 11, 2023 |
| #5 | -1.86% Oct 2, 2024 - Nov 26, 2024 | -6.05% Sep 28, 2023 - Nov 14, 2023 |
| #6 | -1.74% Dec 27, 2023 - Feb 1, 2024 | -5.38% Oct 4, 2022 - Oct 25, 2022 |
| #7 | -1.60% Feb 1, 2024 - Mar 1, 2024 | -4.36% Oct 21, 2024 - Nov 19, 2024 |
| #8 | -1.36% Jul 2, 2026 - Jul 21, 2026 | -3.33% Jan 30, 2024 - Mar 7, 2024 |
| #9 | -1.23% Mar 22, 2024 - May 9, 2024 | -2.88% Aug 7, 2023 - Sep 1, 2023 |
| #10 | -1.11% May 15, 2024 - Jun 6, 2024 | -2.73% Jan 2, 2025 - Jan 16, 2025 |
| #11 | -1.02% Feb 6, 2025 - Feb 24, 2025 | -2.71% Nov 29, 2024 - Dec 24, 2024 |
| #12 | -0.89% Aug 5, 2024 - Sep 5, 2024 | -2.48% Feb 7, 2023 - Feb 17, 2023 |
| #13 | -0.74% Oct 28, 2025 - Nov 25, 2025 | -2.40% Sep 1, 2023 - Sep 14, 2023 |
| #14 | -0.71% Nov 26, 2025 - Jan 7, 2026 | -2.40% Jun 3, 2024 - Jul 3, 2024 |
| #15 | -0.69% Sep 16, 2025 - Oct 1, 2025 | -2.40% Nov 7, 2022 - Nov 11, 2022 |
Correlation
Correlation between JMHI and PBDC is 0.63 which considered as a moderate positive correlation - the stocks show some tendency to move together.
0.63
-101
Dividend Comparison (2022 - 2026)
JMHI vs PBDC dividend yield comparison.
| Year | JMHI | PBDC |
|---|---|---|
| 2026 | 2.21% | 5.27% |
| 2025 | 4.42% | 10.53% |
| 2024 | 4.49% | 9.29% |
| 2023 | 2.48% | 9.86% |
| 2022 | 0.00% | 3.40% |
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