JMST vs VWOB

Comparison between JPMorgan Ultra-Short Municipal Income ETF (JMST, ETF) and VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND ETF SHARES (VWOB, ETF).

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

JMST vs VWOB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JMST(ETF)	VWOB(ETF)
Net Assets	$6.30B	$6.30B
Expense Ratio	0.18%	0.15%
Max Drawdown	2.41%	32.89%
Sharpe Ratio	-1.00	1.52
5Y Beta	0.00	0.23
5Y Dividends CAGR	37.41%	5.46%

Net Assets

JMST

$6.30B

VWOB

$6.30B

Expense Ratio

JMST

0.18%

Winner

VWOB

0.15%

Max Drawdown

Winner

JMST

2.41%

VWOB

32.89%

Sharpe Ratio

JMST

-1.00

Winner

VWOB

1.52

5Y Beta

Winner

JMST

0.00

VWOB

0.23

5Y Dividends CAGR

Winner

JMST

37.41%

VWOB

5.46%

JMST vs VWOB - Historical Returns

Returns include dividend reinvestment.

Period	JMST	VWOB
1 month	+0.26%	+1.54%
3 months	+0.33%	+0.65%
6 months	+1.31%	+2.35%
1 year	+3.11%	+12.29%
5 years(CAGR)	+2.24%	+2.20%
10 years(CAGR)	N/A	+3.63%
Max(CAGR)	+2.13%	+3.60%

JMST

+0.26%

Winner

VWOB

+1.54%

JMST

+0.33%

Winner

VWOB

+0.65%

JMST

+1.31%

Winner

VWOB

+2.35%

JMST

+3.11%

Winner

VWOB

+12.29%

5Y(CAGR)

Winner

JMST

+2.24%

VWOB

+2.20%

10Y(CAGR)

JMST

N/A

VWOB

+3.63%

Max(CAGR)

JMST

+2.13%

Winner

VWOB

+3.60%

JMST vs VWOB - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	JMST	VWOB
2026	+0.80%	+1.41%
2025	+3.33%	+13.19%
2024	+3.33%	+6.15%
2023	+3.57%	+10.12%
2022	+0.09%	-16.58%
2021	+0.33%	-1.32%
2020	+2.00%	+5.53%
2019	+2.07%	+14.14%
2018	+0.70%	-3.09%
2017	N/A	+8.05%
2016	N/A	+9.56%
2015	N/A	+1.59%
2014	N/A	+4.34%
2013	N/A	-1.82%

JMST vs VWOB Drawdown Comparison

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

The maximum drawdown for VWOB was -26.98%, occurring on Oct 20, 2022. Recovery took 959 trading sessions.

The current VWOB drawdown is -0.46%.

Rank	JMST	VWOB
#1	-2.41% Mar 9, 2020 - Apr 20, 2020	-26.98% Sep 2, 2021 - Jul 1, 2025
#2	-1.15% Dec 29, 2021 - Dec 13, 2022	-25.31% Mar 4, 2020 - Sep 2, 2020
#3	-0.71% Apr 1, 2025 - May 15, 2025	-7.74% Aug 27, 2014 - Apr 8, 2015
#4	-0.32% May 16, 2023 - Jun 6, 2023	-6.90% Dec 30, 2020 - Aug 30, 2021
#5	-0.26% Jan 31, 2023 - Mar 10, 2023	-6.77% Jun 4, 2013 - Feb 28, 2014
#6	-0.25% Oct 29, 2025 - Nov 6, 2025	-6.03% Sep 7, 2016 - Apr 12, 2017
#7	-0.25% Apr 13, 2023 - May 11, 2023	-5.58% Jan 5, 2018 - Jan 31, 2019
#8	-0.22% Sep 13, 2023 - Oct 10, 2023	-5.39% Apr 24, 2015 - Mar 16, 2016
#9	-0.21% Mar 17, 2026 - Apr 20, 2026	-4.48% Feb 23, 2026 - Mar 27, 2026
#10	-0.20% Mar 25, 2025 - Apr 1, 2025	-3.65% Sep 2, 2020 - Nov 11, 2020
#11	-0.19% Sep 20, 2021 - Dec 29, 2021	-2.64% Feb 21, 2020 - Mar 4, 2020
#12	-0.18% Aug 21, 2019 - Oct 4, 2019	-2.02% Sep 4, 2019 - Dec 11, 2019
#13	-0.17% Nov 5, 2024 - Nov 8, 2024	-2.01% Jun 14, 2017 - Aug 3, 2017
#14	-0.17% Aug 6, 2024 - Aug 19, 2024	-1.88% Aug 9, 2019 - Sep 4, 2019
#15	-0.16% Jan 31, 2024 - Feb 15, 2024	-1.51% Jul 24, 2014 - Aug 27, 2014

Correlation

Correlation between JMST and VWOB is 0.63 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.63

-101

Dividend Comparison (2013 - 2026)

JMST vs VWOB dividend yield comparison.

Year	JMST	VWOB
2026	0.86%	1.95%
2025	2.84%	5.92%
2024	3.32%	6.08%
2023	3.09%	5.50%
2022	1.10%	5.30%
2021	0.27%	4.04%
2020	0.87%	4.18%
2019	1.63%	4.58%
2018	0.28%	4.52%
2017	0.00%	4.61%
2016	0.00%	4.71%
2015	0.00%	4.93%
2014	0.00%	4.49%
2013	0.00%	2.39%