JMOM vs NMZ

Comparison between JPMORGAN U.S. MOMENTUM FACTOR ETF (JMOM, ETF) and Nuveen Municipal High Income Opportunity Fund (NMZ, ETF).

5-Year PerformanceJMOM has outperformed NMZ, delivering a return of +16.1% compared to -1.5%

JMOM vs NMZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JMOM(ETF)	NMZ(ETF)
Net Assets	$2.20B	$2.20B
Expense Ratio	0.12%	N/A
Max Drawdown	34.31%	63.45%
Sharpe Ratio	2.06	0.32
5Y Beta	1.04	0.23
P/E Ratio	33.95	N/A
Forward P/E	22.78	N/A
PEG Ratio	0.33	N/A
5Y Dividends CAGR	12.88%	2.57%
5Y EPS CAGR	23.34%	N/A
Debt to Equity	31.13%	N/A
P/S Ratio	2.49	N/A
P/B Ratio	5.50	N/A

Net Assets

JMOM

$2.20B

NMZ

$2.20B

Expense Ratio

JMOM

0.12%

NMZ

N/A

Max Drawdown

Winner

JMOM

34.31%

NMZ

63.45%

Sharpe Ratio

Winner

JMOM

2.06

NMZ

0.32

5Y Beta

JMOM

1.04

Winner

NMZ

0.23

P/E Ratio

JMOM

33.95

NMZ

N/A

Forward P/E

JMOM

22.78

NMZ

N/A

PEG Ratio

JMOM

0.33

NMZ

N/A

5Y Dividends CAGR

Winner

JMOM

12.88%

NMZ

2.57%

5Y EPS CAGR

JMOM

23.34%

NMZ

N/A

Debt to Equity

JMOM

31.13%

NMZ

N/A

P/S Ratio

JMOM

2.49

NMZ

N/A

P/B Ratio

JMOM

5.50

NMZ

N/A

JMOM vs NMZ - Historical Returns

Returns include dividend reinvestment.

Period	JMOM	NMZ
1 month	+8.27%	+1.44%
3 months	+16.05%	-2.36%
6 months	+21.92%	+0.51%
1 year	+36.40%	+6.38%
5 years(CAGR)	+16.12%	-1.48%
10 years(CAGR)	+16.29%	+2.78%
Max(CAGR)	+16.29%	+4.95%

Winner

JMOM

+8.27%

NMZ

+1.44%

Winner

JMOM

+16.05%

NMZ

-2.36%

Winner

JMOM

+21.92%

NMZ

+0.51%

Winner

JMOM

+36.40%

NMZ

+6.38%

5Y(CAGR)

Winner

JMOM

+16.12%

NMZ

-1.48%

10Y(CAGR)

Winner

JMOM

+16.29%

NMZ

+2.78%

Max(CAGR)

Winner

JMOM

+16.29%

NMZ

+4.95%

JMOM vs NMZ - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	JMOM	NMZ
2026	+20.58%	+3.80%
2025	+17.75%	+0.23%
2024	+29.74%	+15.82%
2023	+23.74%	-1.16%
2022	-20.41%	-27.24%
2021	+26.82%	+12.04%
2020	+28.12%	+7.47%
2019	+28.88%	+25.87%
2018	-5.24%	-9.94%
2017	+3.32%	+12.41%
2016	N/A	-1.39%
2015	N/A	+9.91%
2014	N/A	+19.39%
2013	N/A	-9.82%
2012	N/A	+23.60%
2011	N/A	+15.64%
2010	N/A	-0.99%
2009	N/A	+49.88%
2008	N/A	-35.08%
2007	N/A	-8.16%
2006	N/A	+16.86%
2005	N/A	+14.20%
2004	N/A	+9.13%
2003	N/A	+0.00%

JMOM vs NMZ Drawdown Comparison

The maximum drawdown for JMOM was -34.31%, occurring on Mar 23, 2020. Recovery took 105 trading sessions.

The maximum drawdown for NMZ was -58.44%, occurring on Dec 16, 2008. Recovery took 1179 trading sessions.

The current NMZ drawdown is -11.77%.

Rank	JMOM	NMZ
#1	-34.31% Feb 19, 2020 - Jul 20, 2020	-58.44% May 11, 2007 - Jan 13, 2012
#2	-28.27% Nov 16, 2021 - Jan 30, 2024	-40.01% Jul 13, 2021 - Oct 27, 2023
#3	-21.59% Oct 3, 2018 - Jun 10, 2019	-32.56% Feb 20, 2020 - Dec 30, 2020
#4	-19.51% Feb 18, 2025 - Jun 24, 2025	-22.40% Jan 24, 2013 - May 13, 2014
#5	-10.94% Feb 12, 2021 - Apr 15, 2021	-15.03% Jul 8, 2016 - Mar 8, 2019
#6	-9.09% Jan 26, 2018 - Jun 5, 2018	-12.78% Mar 17, 2004 - Oct 14, 2004
#7	-8.49% Jul 16, 2024 - Aug 23, 2024	-6.78% Feb 2, 2015 - Sep 22, 2015
#8	-8.34% Oct 13, 2020 - Nov 24, 2020	-5.68% Feb 2, 2012 - Mar 28, 2012
#9	-8.27% Sep 2, 2020 - Oct 9, 2020	-5.52% Feb 11, 2021 - Apr 13, 2021
#10	-7.87% Mar 2, 2026 - Apr 8, 2026	-5.15% Jun 2, 2006 - Aug 8, 2006
#11	-6.88% Apr 26, 2021 - Jun 14, 2021	-5.05% Aug 12, 2019 - Nov 11, 2019
#12	-6.63% Sep 3, 2021 - Oct 21, 2021	-4.75% Nov 1, 2012 - Dec 5, 2012
#13	-6.24% Mar 21, 2024 - May 15, 2024	-4.52% May 28, 2014 - Oct 20, 2014
#14	-6.18% Dec 4, 2024 - Jan 23, 2025	-4.47% Dec 13, 2012 - Jan 4, 2013
#15	-6.07% Oct 27, 2025 - Dec 10, 2025	-4.05% Jul 31, 2012 - Sep 18, 2012

Correlation

Correlation between JMOM and NMZ is 0.51 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.51

-101

Dividend Comparison (2004 - 2026)

JMOM vs NMZ dividend yield comparison.

Year	JMOM	NMZ
2026	0.15%	3.19%
2025	0.86%	7.71%
2024	0.75%	6.35%
2023	1.21%	5.44%
2022	1.39%	7.04%
2021	0.64%	5.10%
2020	0.85%	5.09%
2019	1.11%	4.99%
2018	1.38%	6.15%
2017	0.29%	5.94%
2016	0.00%	6.94%
2015	0.00%	6.67%
2014	0.00%	6.88%
2013	0.00%	6.73%
2012	0.00%	5.72%
2011	0.00%	7.98%
2010	0.00%	8.75%
2009	0.00%	7.32%
2008	0.00%	11.33%
2007	0.00%	7.15%
2006	0.00%	5.82%
2005	0.00%	6.63%
2004	0.00%	7.44%