JMST vs KWEB

Comparison between JPMorgan Ultra-Short Municipal Income ETF (JMST, ETF) and KRANESHARES CSI CHINA INTERNET ETF (KWEB, ETF).

5-Year PerformanceJMST has outperformed KWEB, delivering a return of +2.2% compared to -11.1%

JMST vs KWEB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JMST(ETF)	KWEB(ETF)
Net Assets	$6.20B	$6.30B
Expense Ratio	0.18%	0.70%
Max Drawdown	2.41%	82.22%
Sharpe Ratio	-1.09	-0.27
5Y Beta	0.00	0.85
5Y Dividends CAGR	37.41%	119.33%

Net Assets

JMST

$6.20B

Winner

KWEB

$6.30B

Expense Ratio

Winner

JMST

0.18%

KWEB

0.70%

Max Drawdown

Winner

JMST

2.41%

KWEB

82.22%

Sharpe Ratio

JMST

-1.09

Winner

KWEB

-0.27

5Y Beta

Winner

JMST

0.00

KWEB

0.85

5Y Dividends CAGR

JMST

37.41%

Winner

KWEB

119.33%

JMST vs KWEB - Historical Returns

Returns include dividend reinvestment.

Period	JMST	KWEB
1 month	+0.16%	+6.51%
3 months	+0.18%	-6.71%
6 months	+1.22%	-16.43%
1 year	+3.03%	-6.47%
5 years(CAGR)	+2.24%	-11.12%
10 years(CAGR)	N/A	+1.57%
Max(CAGR)	+2.12%	+3.22%

JMST

+0.16%

Winner

KWEB

+6.51%

Winner

JMST

+0.18%

KWEB

-6.71%

Winner

JMST

+1.22%

KWEB

-16.43%

Winner

JMST

+3.03%

KWEB

-6.47%

5Y(CAGR)

Winner

JMST

+2.24%

KWEB

-11.12%

10Y(CAGR)

JMST

N/A

KWEB

+1.57%

Max(CAGR)

JMST

+2.12%

Winner

KWEB

+3.22%

JMST vs KWEB - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	JMST	KWEB
2026	+0.76%	-14.15%
2025	+3.33%	+25.71%
2024	+3.33%	+15.93%
2023	+3.57%	-13.61%
2022	+0.09%	-16.60%
2021	+0.33%	-48.76%
2020	+2.00%	+48.91%
2019	+2.07%	+29.82%
2018	+0.70%	-36.80%
2017	N/A	+67.61%
2016	N/A	-4.23%
2015	N/A	+16.10%
2014	N/A	-2.62%
2013	N/A	+27.52%

JMST vs KWEB Drawdown Comparison

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

The maximum drawdown for KWEB was -80.88%, occurring on Oct 24, 2022. This drawdown has not yet recovered.

The current JMST drawdown is -0.04%. The current KWEB drawdown is -64.57%.

Rank	JMST	KWEB
#1	-2.41% Mar 9, 2020 - Apr 20, 2020	-80.88% Feb 17, 2021 - Oct 24, 2022
#2	-1.15% Dec 29, 2021 - Dec 13, 2022	-45.26% Jan 26, 2018 - Jul 6, 2020
#3	-0.71% Apr 1, 2025 - May 15, 2025	-36.73% Jun 12, 2015 - Apr 24, 2017
#4	-0.32% May 16, 2023 - Jun 6, 2023	-26.16% Mar 6, 2014 - May 21, 2015
#5	-0.26% Jan 31, 2023 - Mar 10, 2023	-14.05% Oct 21, 2013 - Dec 31, 2013
#6	-0.25% Oct 29, 2025 - Nov 6, 2025	-10.93% Jan 22, 2014 - Feb 18, 2014
#7	-0.25% Apr 13, 2023 - May 11, 2023	-10.51% Nov 22, 2017 - Jan 2, 2018
#8	-0.22% Sep 13, 2023 - Oct 10, 2023	-9.60% Sep 1, 2020 - Oct 12, 2020
#9	-0.21% Mar 17, 2026 - Apr 20, 2026	-8.71% Jul 9, 2020 - Aug 5, 2020
#10	-0.20% Mar 25, 2025 - Apr 1, 2025	-8.05% Oct 16, 2017 - Nov 20, 2017
#11	-0.19% Sep 20, 2021 - Dec 29, 2021	-7.77% Aug 6, 2020 - Aug 28, 2020
#12	-0.18% Aug 21, 2019 - Oct 4, 2019	-7.13% Nov 6, 2020 - Dec 30, 2020
#13	-0.17% Nov 5, 2024 - Nov 8, 2024	-6.72% Jan 25, 2021 - Feb 3, 2021
#14	-0.17% Aug 6, 2024 - Aug 19, 2024	-6.24% Oct 4, 2013 - Oct 18, 2013
#15	-0.16% Jan 31, 2024 - Feb 15, 2024	-6.04% Jun 8, 2017 - Jul 13, 2017

Correlation

Correlation between JMST and KWEB is -0.27 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.27

-101

Dividend Comparison (2013 - 2026)

JMST vs KWEB dividend yield comparison.

Year	JMST	KWEB
2026	0.86%	0.00%
2025	2.84%	6.16%
2024	3.32%	3.51%
2023	3.09%	1.71%
2022	1.10%	0.00%
2021	0.27%	7.07%
2020	0.87%	0.29%
2019	1.63%	0.08%
2018	0.28%	3.40%
2017	0.00%	0.58%
2016	0.00%	1.19%
2015	0.00%	0.46%
2014	0.00%	0.89%
2013	0.00%	0.44%