JMST vs LMBS

Comparison between JPMorgan Ultra-Short Municipal Income ETF (JMST, ETF) and FIRST TRUST LOW DURATION OPPORTUNITIES ETF (LMBS, ETF).

5-Year PerformanceLMBS has outperformed JMST, delivering a return of +3.0% compared to +2.2%

JMST vs LMBS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JMST(ETF)	LMBS(ETF)
Net Assets	$6.20B	$6.20B
Expense Ratio	0.18%	0.66%
Max Drawdown	2.41%	11.76%
Sharpe Ratio	-1.09	1.27
5Y Beta	0.00	0.01
5Y Dividends CAGR	37.41%	12.43%

Net Assets

JMST

$6.20B

LMBS

$6.20B

Expense Ratio

Winner

JMST

0.18%

LMBS

0.66%

Max Drawdown

Winner

JMST

2.41%

LMBS

11.76%

Sharpe Ratio

JMST

-1.09

Winner

LMBS

1.27

5Y Beta

Winner

JMST

0.00

LMBS

0.01

5Y Dividends CAGR

Winner

JMST

37.41%

LMBS

12.43%

JMST vs LMBS - Historical Returns

Returns include dividend reinvestment.

Period	JMST	LMBS
1 month	+0.16%	-0.02%
3 months	+0.18%	-0.06%
6 months	+1.22%	+1.87%
1 year	+3.03%	+6.38%
5 years(CAGR)	+2.24%	+3.03%
10 years(CAGR)	N/A	+2.76%
Max(CAGR)	+2.12%	+3.01%

Winner

JMST

+0.16%

LMBS

-0.02%

Winner

JMST

+0.18%

LMBS

-0.06%

JMST

+1.22%

Winner

LMBS

+1.87%

JMST

+3.03%

Winner

LMBS

+6.38%

5Y(CAGR)

JMST

+2.24%

Winner

LMBS

+3.03%

10Y(CAGR)

JMST

N/A

LMBS

+2.76%

Max(CAGR)

JMST

+2.12%

Winner

LMBS

+3.01%

JMST vs LMBS - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	JMST	LMBS
2026	+0.76%	+1.25%
2025	+3.33%	+7.05%
2024	+3.33%	+5.30%
2023	+3.57%	+6.26%
2022	+0.09%	-2.97%
2021	+0.33%	-1.01%
2020	+2.00%	+1.60%
2019	+2.07%	+4.10%
2018	+0.70%	+1.50%
2017	N/A	+1.55%
2016	N/A	+6.56%
2015	N/A	+2.56%
2014	N/A	+1.57%

JMST vs LMBS Drawdown Comparison

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

The maximum drawdown for LMBS was -6.49%, occurring on Oct 21, 2022. Recovery took 948 trading sessions.

The current JMST drawdown is -0.04%. The current LMBS drawdown is -0.41%.

Rank	JMST	LMBS
#1	-2.41% Mar 9, 2020 - Apr 20, 2020	-6.49% Mar 6, 2020 - Dec 11, 2023
#2	-1.15% Dec 29, 2021 - Dec 13, 2022	-1.85% Jan 6, 2015 - Mar 12, 2015
#3	-0.71% Apr 1, 2025 - May 15, 2025	-1.72% Apr 4, 2025 - Jun 11, 2025
#4	-0.32% May 16, 2023 - Jun 6, 2023	-1.52% Oct 1, 2024 - Feb 5, 2025
#5	-0.26% Jan 31, 2023 - Mar 10, 2023	-1.45% Mar 27, 2024 - May 15, 2024
#6	-0.25% Oct 29, 2025 - Nov 6, 2025	-1.43% Feb 27, 2026 - Mar 27, 2026
#7	-0.25% Apr 13, 2023 - May 11, 2023	-1.25% Aug 24, 2015 - Oct 6, 2015
#8	-0.22% Sep 13, 2023 - Oct 10, 2023	-0.97% Dec 4, 2014 - Dec 26, 2014
#9	-0.21% Mar 17, 2026 - Apr 20, 2026	-0.89% Apr 6, 2015 - May 7, 2015
#10	-0.20% Mar 25, 2025 - Apr 1, 2025	-0.86% Nov 4, 2016 - Apr 4, 2017
#11	-0.19% Sep 20, 2021 - Dec 29, 2021	-0.85% Feb 1, 2024 - Mar 6, 2024
#12	-0.18% Aug 21, 2019 - Oct 4, 2019	-0.81% Feb 18, 2016 - Mar 17, 2016
#13	-0.17% Nov 5, 2024 - Nov 8, 2024	-0.74% Mar 12, 2015 - Mar 20, 2015
#14	-0.17% Aug 6, 2024 - Aug 19, 2024	-0.74% May 15, 2024 - Jun 5, 2024
#15	-0.16% Jan 31, 2024 - Feb 15, 2024	-0.67% Jan 11, 2016 - Jan 20, 2016

Correlation

Correlation between JMST and LMBS is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2014 - 2026)

JMST vs LMBS dividend yield comparison.

Year	JMST	LMBS
2026	0.86%	1.36%
2025	2.84%	4.08%
2024	3.32%	4.28%
2023	3.09%	3.96%
2022	1.10%	2.22%
2021	0.27%	2.04%
2020	0.87%	2.27%
2019	1.63%	2.55%
2018	0.28%	2.76%
2017	0.00%	2.73%
2016	0.00%	2.84%
2015	0.00%	3.03%
2014	0.00%	0.37%