JMST vs DXJ

Comparison between JPMorgan Ultra-Short Municipal Income ETF (JMST, ETF) and WISDOMTREE JAPAN HEDGED EQUITY FUND (DXJ, ETF).

5-Year PerformanceDXJ has outperformed JMST, delivering a return of +27.3% compared to +2.2%

JMST vs DXJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JMST(ETF)	DXJ(ETF)
Net Assets	$6.20B	$6.20B
Expense Ratio	0.18%	0.48%
Max Drawdown	2.41%	51.15%
Sharpe Ratio	-1.09	2.26
5Y Beta	0.00	0.95
5Y Dividends CAGR	37.41%	28.07%

Net Assets

JMST

$6.20B

DXJ

$6.20B

Expense Ratio

Winner

JMST

0.18%

DXJ

0.48%

Max Drawdown

Winner

JMST

2.41%

DXJ

51.15%

Sharpe Ratio

JMST

-1.09

Winner

DXJ

2.26

5Y Beta

Winner

JMST

0.00

DXJ

0.95

5Y Dividends CAGR

Winner

JMST

37.41%

DXJ

28.07%

JMST vs DXJ - Historical Returns

Returns include dividend reinvestment.

Period	JMST	DXJ
1 month	+0.16%	+3.47%
3 months	+0.18%	+2.80%
6 months	+1.22%	+25.29%
1 year	+3.03%	+54.68%
5 years(CAGR)	+2.24%	+27.28%
10 years(CAGR)	N/A	+18.20%
Max(CAGR)	+2.12%	+9.43%

JMST

+0.16%

Winner

DXJ

+3.47%

JMST

+0.18%

Winner

DXJ

+2.80%

JMST

+1.22%

Winner

DXJ

+25.29%

JMST

+3.03%

Winner

DXJ

+54.68%

5Y(CAGR)

JMST

+2.24%

Winner

DXJ

+27.28%

10Y(CAGR)

JMST

N/A

DXJ

+18.20%

Max(CAGR)

JMST

+2.12%

Winner

DXJ

+9.43%

JMST vs DXJ - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	JMST	DXJ
2026	+0.76%	+18.30%
2025	+3.33%	+32.75%
2024	+3.33%	+29.70%
2023	+3.57%	+41.60%
2022	+0.09%	+5.50%
2021	+0.33%	+20.02%
2020	+2.00%	+2.94%
2019	+2.07%	+18.74%
2018	+0.70%	-19.93%
2017	N/A	+20.68%
2016	N/A	+3.34%
2015	N/A	+6.84%
2014	N/A	+10.26%
2013	N/A	+37.17%
2012	N/A	+17.73%
2011	N/A	-16.75%
2010	N/A	-3.89%
2009	N/A	+0.88%
2008	N/A	-20.38%
2007	N/A	-7.22%
2006	N/A	+10.57%

JMST vs DXJ Drawdown Comparison

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

The maximum drawdown for DXJ was -49.55%, occurring on Mar 9, 2009. Recovery took 1899 trading sessions.

The current JMST drawdown is -0.04%.

Rank	JMST	DXJ
#1	-2.41% Mar 9, 2020 - Apr 20, 2020	-49.55% Feb 26, 2007 - Sep 10, 2014
#2	-1.15% Dec 29, 2021 - Dec 13, 2022	-39.12% Jan 17, 2018 - Feb 8, 2021
#3	-0.71% Apr 1, 2025 - May 15, 2025	-33.59% Jun 1, 2015 - Oct 3, 2017
#4	-0.32% May 16, 2023 - Jun 6, 2023	-22.19% Jul 10, 2024 - Mar 24, 2025
#5	-0.26% Jan 31, 2023 - Mar 10, 2023	-16.57% Mar 25, 2025 - Jun 27, 2025
#6	-0.25% Oct 29, 2025 - Nov 6, 2025	-11.78% Jan 12, 2022 - Mar 24, 2022
#7	-0.25% Apr 13, 2023 - May 11, 2023	-11.41% Sep 26, 2014 - Oct 31, 2014
#8	-0.22% Sep 13, 2023 - Oct 10, 2023	-10.98% Feb 25, 2026 - May 13, 2026
#9	-0.21% Mar 17, 2026 - Apr 20, 2026	-9.73% Jun 30, 2006 - Aug 15, 2006
#10	-0.20% Mar 25, 2025 - Apr 1, 2025	-9.11% Dec 5, 2014 - Feb 18, 2015
#11	-0.19% Sep 20, 2021 - Dec 29, 2021	-8.74% Sep 19, 2023 - Jan 5, 2024
#12	-0.18% Aug 21, 2019 - Oct 4, 2019	-8.53% Mar 8, 2023 - Apr 21, 2023
#13	-0.17% Nov 5, 2024 - Nov 8, 2024	-8.31% Sep 13, 2021 - Jan 4, 2022
#14	-0.17% Aug 6, 2024 - Aug 19, 2024	-6.82% Aug 18, 2022 - Nov 8, 2022
#15	-0.16% Jan 31, 2024 - Feb 15, 2024	-6.68% Jun 7, 2022 - Aug 17, 2022

Correlation

Correlation between JMST and DXJ is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2006 - 2026)

JMST vs DXJ dividend yield comparison.

Year	JMST	DXJ
2026	0.86%	0.00%
2025	2.84%	1.29%
2024	3.32%	3.48%
2023	3.09%	3.44%
2022	1.10%	3.02%
2021	0.27%	2.64%
2020	0.87%	2.53%
2019	1.63%	2.47%
2018	0.28%	2.92%
2017	0.00%	2.30%
2016	0.00%	1.98%
2015	0.00%	5.95%
2014	0.00%	11.61%
2013	0.00%	2.44%
2012	0.00%	1.50%
2011	0.00%	2.38%
2010	0.00%	1.18%
2009	0.00%	1.86%
2008	0.00%	2.03%
2007	0.00%	0.94%
2006	0.00%	0.38%