JMST vs SHLD
Comparison between JPMORGAN ULTRA-SHORT MUNICIPAL INCOME ETF (JMST, ETF) and GLOBAL X DEFENSE TECH ETF (SHLD, ETF).
JMST vs SHLD - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
JMST
$7.10B
SHLD
$7B
Expense Ratio
Winner
JMST
0.18%
SHLD
0.50%
Max Drawdown
Winner
JMST
2.41%
SHLD
25.40%
Sharpe Ratio
JMST
-2.07
Winner
SHLD
0.42
5Y Beta
Winner
JMST
0.00
SHLD
0.69
P/E Ratio
JMST
N/A
SHLD
33.95
Forward P/E
JMST
N/A
SHLD
26.12
PEG Ratio
JMST
N/A
SHLD
0.88
5Y Dividends CAGR
JMST
41.68%
SHLD
N/A
Debt to Equity
JMST
N/A
SHLD
59.36%
P/S Ratio
JMST
N/A
SHLD
2.47
P/B Ratio
JMST
N/A
SHLD
5.10
JMST vs SHLD - Historical Returns
Returns include dividend reinvestment.
1M
JMST
+0.27%
Winner
SHLD
+11.35%
3M
JMST
+0.75%
Winner
SHLD
+4.56%
6M
Winner
JMST
+0.97%
SHLD
-10.81%
1Y
JMST
+2.50%
Winner
SHLD
+10.55%
5Y(CAGR)
JMST
+2.35%
SHLD
N/A
Max(CAGR)
JMST
+2.14%
Winner
SHLD
+41.25%
JMST vs SHLD - Annual Returns (2018 - 2026)
Returns include dividend reinvestment.
| Year | JMST | SHLD |
|---|---|---|
| 2026 | +1.48% | +1.31% |
| 2025 | +3.33% | +74.68% |
| 2024 | +3.33% | +35.09% |
| 2023 | +3.57% | +12.89% |
| 2022 | +0.09% | N/A |
| 2021 | +0.33% | N/A |
| 2020 | +2.00% | N/A |
| 2019 | +2.07% | N/A |
| 2018 | +0.70% | N/A |
JMST vs SHLD Drawdown Comparison
The maximum drawdown for JMST was -2.41%, occurring on Mar 20, 2020. Recovery took 29 trading sessions.
The maximum drawdown for SHLD was -25.40%, occurring on Jun 25, 2026. This drawdown has not yet recovered.
The current JMST drawdown is -0.02%. The current SHLD drawdown is -13.74%.
| Rank | JMST | SHLD |
|---|---|---|
| #1 | -2.41% Mar 9, 2020 - Apr 20, 2020 | -25.40% Mar 9, 2026 - Jun 25, 2026 |
| #2 | -1.15% Dec 29, 2021 - Dec 13, 2022 | -15.06% Oct 8, 2025 - Jan 8, 2026 |
| #3 | -0.71% Apr 1, 2025 - May 15, 2025 | -10.92% Nov 11, 2024 - Feb 18, 2025 |
| #4 | -0.32% May 16, 2023 - Jun 6, 2023 | -10.53% Mar 18, 2025 - Apr 11, 2025 |
| #5 | -0.26% Jan 31, 2023 - Mar 10, 2023 | -8.91% Jan 16, 2026 - Mar 9, 2026 |
| #6 | -0.25% Oct 29, 2025 - Nov 6, 2025 | -5.42% Sep 18, 2023 - Oct 9, 2023 |
| #7 | -0.25% Apr 13, 2023 - May 11, 2023 | -5.39% Aug 6, 2025 - Sep 10, 2025 |
| #8 | -0.22% Sep 13, 2023 - Oct 10, 2023 | -4.96% Apr 8, 2024 - May 9, 2024 |
| #9 | -0.21% Mar 17, 2026 - Apr 20, 2026 | -4.52% Aug 30, 2024 - Oct 1, 2024 |
| #10 | -0.20% Mar 25, 2025 - Apr 1, 2025 | -4.49% Oct 18, 2024 - Nov 6, 2024 |
| #11 | -0.19% Sep 20, 2021 - Dec 29, 2021 | -4.17% May 31, 2024 - Jul 15, 2024 |
| #12 | -0.18% Aug 21, 2019 - Oct 4, 2019 | -3.79% Feb 18, 2025 - Mar 3, 2025 |
| #13 | -0.17% Nov 5, 2024 - Nov 8, 2024 | -3.62% May 8, 2025 - May 16, 2025 |
| #14 | -0.17% Aug 6, 2024 - Aug 19, 2024 | -3.55% Jul 31, 2024 - Aug 9, 2024 |
| #15 | -0.16% Jan 31, 2024 - Feb 15, 2024 | -3.15% Oct 16, 2023 - Nov 2, 2023 |
Correlation
Correlation between JMST and SHLD is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.
0.95
-101
Dividend Comparison (2018 - 2026)
JMST vs SHLD dividend yield comparison.
| Year | JMST | SHLD |
|---|---|---|
| 2026 | 1.48% | 0.28% |
| 2025 | 2.84% | 0.55% |
| 2024 | 3.32% | 0.53% |
| 2023 | 3.09% | 0.26% |
| 2022 | 1.10% | 0.00% |
| 2021 | 0.27% | 0.00% |
| 2020 | 0.87% | 0.00% |
| 2019 | 1.63% | 0.00% |
| 2018 | 0.28% | 0.00% |
Select Stocks to Compare
Popular: JMST vs SPYSHLD vs SPY
More Comparisons
Compare with similar stocks