JNK vs JMUB

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

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

JNK vs JMUB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

JNK

$7B

Winner

JMUB

$7.10B

Expense Ratio

JNK

0.40%

Winner

JMUB

0.18%

Max Drawdown

JNK

46.21%

Winner

JMUB

14.47%

Sharpe Ratio

Winner

JNK

1.29

JMUB

0.74

5Y Beta

JNK

0.24

Winner

JMUB

0.02

5Y Dividends CAGR

JNK

5.24%

Winner

JMUB

11.91%

JNK vs JMUB - Historical Returns

Returns include dividend reinvestment.

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

JNK

+0.59%

Winner

JMUB

+0.63%

Winner

JNK

+0.58%

JMUB

-0.09%

Winner

JNK

+3.05%

JMUB

+1.34%

Winner

JNK

+9.05%

JMUB

+5.62%

5Y(CAGR)

Winner

JNK

+3.75%

JMUB

+1.26%

10Y(CAGR)

JNK

+5.20%

JMUB

N/A

Max(CAGR)

Winner

JNK

+4.98%

JMUB

+3.02%

JNK vs JMUB - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

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

JNK vs JMUB Drawdown Comparison

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

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

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

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

Correlation

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

0.91

-101

Dividend Comparison (2007 - 2026)

JNK vs JMUB dividend yield comparison.

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