JMUB vs JNK

Comparison between JPMorgan Municipal ETF (JMUB, ETF) and SPDR(R) BLOOMBERG HIGH YIELD BOND ETF (JNK, ETF).

5-Year PerformanceJNK has outperformed JMUB, delivering a return of +3.7% compared to +1.3%

JMUB vs JNK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JMUB(ETF)	JNK(ETF)
Net Assets	$7.10B	$7B
Expense Ratio	0.18%	0.40%
Max Drawdown	14.47%	46.21%
Sharpe Ratio	0.74	1.29
5Y Beta	0.02	0.24
5Y Dividends CAGR	11.91%	5.24%

Net Assets

Winner

JMUB

$7.10B

JNK

$7B

Expense Ratio

Winner

JMUB

0.18%

JNK

0.40%

Max Drawdown

Winner

JMUB

14.47%

JNK

46.21%

Sharpe Ratio

JMUB

0.74

Winner

JNK

1.29

5Y Beta

Winner

JMUB

0.02

JNK

0.24

5Y Dividends CAGR

Winner

JMUB

11.91%

JNK

5.24%

JMUB vs JNK - Historical Returns

Returns include dividend reinvestment.

Period	JMUB	JNK
1 month	+0.63%	+0.59%
3 months	-0.09%	+0.58%
6 months	+1.34%	+3.05%
1 year	+5.62%	+9.05%
5 years(CAGR)	+1.26%	+3.75%
10 years(CAGR)	N/A	+5.20%
Max(CAGR)	+3.02%	+4.98%

Winner

JMUB

+0.63%

JNK

+0.59%

JMUB

-0.09%

Winner

JNK

+0.58%

JMUB

+1.34%

Winner

JNK

+3.05%

JMUB

+5.62%

Winner

JNK

+9.05%

5Y(CAGR)

JMUB

+1.26%

Winner

JNK

+3.75%

10Y(CAGR)

JMUB

N/A

JNK

+5.20%

Max(CAGR)

JMUB

+3.02%

Winner

JNK

+4.98%

JMUB vs JNK - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	JMUB	JNK
2026	+0.90%	+1.48%
2025	+4.15%	+8.44%
2024	+1.90%	+8.04%
2023	+5.86%	+12.19%
2022	-7.39%	-12.15%
2021	+1.59%	+4.25%
2020	+4.88%	+4.53%
2019	+8.35%	+15.02%
2018	+2.81%	-3.38%
2017	N/A	+5.96%
2016	N/A	+15.00%
2015	N/A	-6.94%
2014	N/A	+0.85%
2013	N/A	+5.04%
2012	N/A	+12.84%
2011	N/A	+4.70%
2010	N/A	+12.72%
2009	N/A	+39.70%
2008	N/A	-24.89%
2007	N/A	+0.69%

JMUB vs JNK Drawdown Comparison

The maximum drawdown for JMUB was -12.50%, occurring on Mar 23, 2020. Recovery took 106 trading sessions.

The maximum drawdown for JNK was -38.51%, occurring on Nov 21, 2008. Recovery took 456 trading sessions.

The current JMUB drawdown is -0.87%. The current JNK drawdown is -0.03%.

Rank	JMUB	JNK
#1	-12.50% Mar 9, 2020 - Aug 7, 2020	-38.51% Jan 2, 2008 - Oct 22, 2009
#2	-12.06% Jul 30, 2021 - Sep 5, 2024	-22.90% Feb 20, 2020 - Nov 4, 2020
#3	-4.02% Feb 28, 2025 - Sep 5, 2025	-16.95% Sep 2, 2014 - Aug 29, 2016
#4	-2.55% Feb 27, 2026 - Mar 24, 2026	-16.68% Dec 27, 2021 - Mar 20, 2024
#5	-2.18% Oct 1, 2024 - Dec 4, 2024	-10.93% Jul 21, 2011 - Jan 18, 2012
#6	-2.17% Feb 12, 2021 - Jun 8, 2021	-8.74% May 3, 2010 - Jul 23, 2010
#7	-2.07% Dec 4, 2024 - Feb 26, 2025	-7.26% May 8, 2013 - Nov 29, 2013
#8	-1.36% Aug 15, 2019 - Oct 9, 2019	-7.10% Oct 1, 2018 - Feb 5, 2019
#9	-1.22% Aug 11, 2020 - Nov 20, 2020	-6.48% Jan 8, 2010 - Mar 9, 2010
#10	-1.18% Oct 9, 2019 - Jan 3, 2020	-5.02% Feb 28, 2025 - May 12, 2025
#11	-0.55% Jun 15, 2021 - Jul 8, 2021	-4.60% May 2, 2012 - Jun 29, 2012
#12	-0.48% Mar 28, 2019 - Apr 29, 2019	-4.55% May 31, 2011 - Jul 7, 2011
#13	-0.45% Nov 11, 2025 - Nov 28, 2025	-4.23% Oct 24, 2016 - Dec 13, 2016
#14	-0.42% Sep 17, 2025 - Oct 10, 2025	-3.90% Nov 4, 2010 - Jan 5, 2011
#15	-0.36% Jan 31, 2020 - Feb 19, 2020	-3.22% Jan 5, 2018 - Aug 6, 2018

Correlation

Correlation between JMUB and JNK is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2007 - 2026)

JMUB vs JNK dividend yield comparison.

Year	JMUB	JNK
2026	1.20%	2.21%
2025	3.52%	6.54%
2024	3.50%	6.63%
2023	3.20%	6.38%
2022	2.16%	6.06%
2021	1.94%	4.27%
2020	2.13%	5.12%
2019	3.66%	5.44%
2018	0.45%	5.90%
2017	0.00%	5.60%
2016	0.00%	6.06%
2015	0.00%	6.59%
2014	0.00%	5.99%
2013	0.00%	6.05%
2012	0.00%	6.75%
2011	0.00%	8.39%
2010	0.00%	10.89%
2009	0.00%	12.15%
2008	0.00%	12.89%
2007	0.00%	0.74%