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JMST vs XAR

Comparison between JPMORGAN ULTRA-SHORT MUNICIPAL INCOME ETF (JMST, ETF) and STATE STREET(R) SPDR(R) S&P(R) AEROSPACE & DEFENSE ETF (XAR, ETF).

5-Year PerformanceXAR has outperformed JMST, delivering a return of +16.6% compared to +2.3%

JMST vs XAR - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
JMST
$6.40B
Winner
XAR
$6.50B
Expense Ratio
Winner
JMST
0.18%
XAR
0.35%
Max Drawdown
Winner
JMST
2.41%
XAR
46.72%
Sharpe Ratio
JMST
-1.43
Winner
XAR
1.26
5Y Beta
Winner
JMST
0.00
XAR
1.10
P/E Ratio
JMST
N/A
XAR
197.54
Forward P/E
JMST
N/A
XAR
30.67
5Y Dividends CAGR
Winner
JMST
38.66%
XAR
-4.79%
5Y EPS CAGR
JMST
N/A
XAR
15.66%
Debt to Equity
JMST
N/A
XAR
75.42%
P/S Ratio
JMST
N/A
XAR
3.45
P/B Ratio
JMST
N/A
XAR
4.97

JMST vs XAR - Historical Returns

Returns include dividend reinvestment.

1M
JMST
+0.24%
Winner
XAR
+4.30%
3M
JMST
+0.43%
Winner
XAR
+4.27%
6M
JMST
+1.26%
Winner
XAR
+18.39%
1Y
JMST
+2.91%
Winner
XAR
+41.63%
5Y(CAGR)
JMST
+2.27%
Winner
XAR
+16.57%
10Y(CAGR)
JMST
N/A
XAR
+18.37%
Max(CAGR)
JMST
+2.14%
Winner
XAR
+19.06%

JMST vs XAR - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

YearJMSTXAR
2026+1.03%+11.86%
2025+3.33%+46.54%
2024+3.33%+25.05%
2023+3.57%+23.93%
2022+0.09%-5.79%
2021+0.33%+6.62%
2020+2.00%+3.64%
2019+2.07%+38.67%
2018+0.70%-4.76%
2017N/A+31.17%
2016N/A+22.76%
2015N/A+0.03%
2014N/A+12.84%
2013N/A+55.35%
2012N/A+13.14%
2011N/A+11.59%

JMST vs XAR Drawdown Comparison

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

The maximum drawdown for XAR was -46.36%, occurring on Mar 23, 2020. Recovery took 233 trading sessions.

The current JMST drawdown is -0.04%. The current XAR drawdown is -4.32%.

RankJMSTXAR
#1-2.41%
Mar 9, 2020 - Apr 20, 2020
-46.36%
Feb 12, 2020 - Jan 14, 2021
#2-1.15%
Dec 29, 2021 - Dec 13, 2022
-32.40%
Jun 25, 2021 - Dec 19, 2023
#3-0.71%
Apr 1, 2025 - May 15, 2025
-25.92%
Sep 18, 2018 - Jun 5, 2019
#4-0.32%
May 16, 2023 - Jun 6, 2023
-22.11%
Apr 10, 2015 - Aug 5, 2016
#5-0.26%
Jan 31, 2023 - Mar 10, 2023
-19.73%
Jan 23, 2025 - May 13, 2025
#6-0.25%
Oct 29, 2025 - Nov 6, 2025
-17.22%
Jan 16, 2026 - Mar 30, 2026
#7-0.25%
Apr 13, 2023 - May 11, 2023
-12.93%
Oct 27, 2025 - Jan 5, 2026
#8-0.22%
Sep 13, 2023 - Oct 10, 2023
-11.31%
Mar 16, 2012 - Oct 5, 2012
#9-0.21%
Mar 17, 2026 - Apr 20, 2026
-11.05%
Mar 4, 2014 - Nov 18, 2014
#10-0.20%
Mar 25, 2025 - Apr 1, 2025
-8.85%
Apr 19, 2018 - Jun 8, 2018
#11-0.19%
Sep 20, 2021 - Dec 29, 2021
-8.75%
Jan 29, 2018 - Mar 9, 2018
#12-0.18%
Aug 21, 2019 - Oct 4, 2019
-8.49%
Oct 27, 2011 - Dec 23, 2011
#13-0.17%
Nov 5, 2024 - Nov 8, 2024
-8.07%
Sep 17, 2019 - Nov 15, 2019
#14-0.17%
Aug 6, 2024 - Aug 19, 2024
-8.03%
Nov 29, 2024 - Jan 21, 2025
#15-0.16%
Jan 31, 2024 - Feb 15, 2024
-7.50%
Jan 20, 2021 - Feb 4, 2021

Correlation

Correlation between JMST and XAR is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93
-101

Dividend Comparison (2011 - 2026)

JMST vs XAR dividend yield comparison.

YearJMSTXAR
20261.06%0.04%
20252.84%0.40%
20243.32%0.66%
20233.09%0.54%
20221.10%0.50%
20210.27%0.83%
20200.87%0.63%
20191.63%0.75%
20180.28%1.19%
20170.00%0.76%
20160.00%1.09%
20150.00%2.31%
20140.00%1.07%
20130.00%1.96%
20120.00%1.75%
20110.00%0.28%

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