JPEM vs GBAB

Comparison between JPMORGAN DIVERSIFIED RETURN EMERGING MARKETS EQUITY ETF (JPEM, ETF) and Guggenheim Taxbl Muni Bnd & Invtmnt Grd Debt Trst Com Shrs Of benf Int (GBAB, ETF).

5-Year PerformanceJPEM has outperformed GBAB, delivering a return of +7.4% compared to -2.5%

JPEM vs GBAB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JPEM(ETF)	GBAB(ETF)
Net Assets	$389M	$392M
Expense Ratio	0.44%	N/A
Max Drawdown	43.82%	47.18%
Sharpe Ratio	1.10	-0.32
5Y Beta	0.53	0.25
5Y Dividends CAGR	9.36%	1.61%

Net Assets

JPEM

$389M

Winner

GBAB

$392M

Expense Ratio

JPEM

0.44%

GBAB

N/A

Max Drawdown

Winner

JPEM

43.82%

GBAB

47.18%

Sharpe Ratio

Winner

JPEM

1.10

GBAB

-0.32

5Y Beta

JPEM

0.53

Winner

GBAB

0.25

5Y Dividends CAGR

Winner

JPEM

9.36%

GBAB

1.61%

JPEM vs GBAB - Historical Returns

Returns include dividend reinvestment.

Period	JPEM	GBAB
1 month	+4.13%	+0.67%
3 months	+4.33%	+1.66%
6 months	+0.47%	-5.87%
1 year	+18.76%	-0.53%
5 years(CAGR)	+7.37%	-2.46%
10 years(CAGR)	+7.16%	+2.34%
Max(CAGR)	+5.92%	+5.40%

Winner

JPEM

+4.13%

GBAB

+0.67%

Winner

JPEM

+4.33%

GBAB

+1.66%

Winner

JPEM

+0.47%

GBAB

-5.87%

Winner

JPEM

+18.76%

GBAB

-0.53%

5Y(CAGR)

Winner

JPEM

+7.37%

GBAB

-2.46%

10Y(CAGR)

Winner

JPEM

+7.16%

GBAB

+2.34%

Max(CAGR)

Winner

JPEM

+5.92%

GBAB

+5.40%

JPEM vs GBAB - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	JPEM	GBAB
2026	+9.97%	-0.99%
2025	+23.12%	+7.76%
2024	+4.67%	+2.63%
2023	+10.68%	+9.33%
2022	-9.65%	-24.65%
2021	+7.76%	-0.49%
2020	-1.85%	+13.95%
2019	+15.56%	+15.05%
2018	-11.95%	+3.76%
2017	+27.87%	+13.63%
2016	+18.19%	+5.95%
2015	-17.70%	+3.50%
2014	N/A	+20.67%
2013	N/A	-7.41%
2012	N/A	+15.12%
2011	N/A	+26.50%
2010	N/A	-9.15%

JPEM vs GBAB Drawdown Comparison

The maximum drawdown for JPEM was -40.21%, occurring on Mar 23, 2020. Recovery took 818 trading sessions.

The maximum drawdown for GBAB was -35.78%, occurring on Oct 14, 2022. This drawdown has not yet recovered.

The current JPEM drawdown is -0.09%. The current GBAB drawdown is -14.48%.

Rank	JPEM	GBAB
#1	-40.21% Jan 26, 2018 - Apr 28, 2021	-35.78% Sep 15, 2021 - Oct 14, 2022
#2	-34.10% Apr 28, 2015 - Jul 14, 2017	-29.93% Feb 25, 2020 - Aug 21, 2020
#3	-21.58% Feb 16, 2022 - Mar 7, 2024	-14.88% May 13, 2013 - May 29, 2014
#4	-14.31% Oct 7, 2024 - Jun 10, 2025	-14.48% May 13, 2016 - May 25, 2017
#5	-10.32% Feb 25, 2026 - Aug 21, 2026	-12.24% Nov 4, 2010 - May 31, 2011
#6	-8.08% Sep 13, 2021 - Feb 16, 2022	-11.67% Jan 29, 2015 - Nov 2, 2015
#7	-6.92% May 17, 2024 - Sep 24, 2024	-10.68% Feb 5, 2021 - Aug 4, 2021
#8	-6.45% Feb 13, 2015 - Apr 2, 2015	-8.94% Sep 4, 2018 - Dec 4, 2018
#9	-5.67% Jun 10, 2021 - Sep 7, 2021	-8.46% Feb 3, 2016 - Apr 8, 2016
#10	-4.06% Nov 22, 2017 - Dec 28, 2017	-7.73% Jan 8, 2018 - Aug 31, 2018
#11	-3.98% Jan 23, 2015 - Feb 13, 2015	-7.48% Oct 9, 2019 - Feb 21, 2020
#12	-3.40% Jan 28, 2026 - Feb 11, 2026	-7.30% Sep 26, 2012 - May 1, 2013
#13	-3.40% Apr 9, 2024 - May 2, 2024	-6.81% Aug 22, 2019 - Oct 9, 2019
#14	-3.19% May 7, 2021 - May 26, 2021	-6.41% Mar 12, 2012 - Apr 27, 2012
#15	-3.08% Sep 11, 2017 - Oct 11, 2017	-5.64% Nov 11, 2020 - Dec 29, 2020

Correlation

Correlation between JPEM and GBAB is 0.64 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.64

-101

Dividend Comparison (2011 - 2026)

JPEM vs GBAB dividend yield comparison.

Year	JPEM	GBAB
2026	1.58%	7.31%
2025	4.65%	10.11%
2024	5.12%	9.92%
2023	4.46%	9.32%
2022	4.71%	9.22%
2021	4.40%	6.36%
2020	2.85%	5.92%
2019	3.47%	6.37%
2018	2.79%	6.88%
2017	2.14%	6.64%
2016	1.28%	7.51%
2015	3.22%	7.78%
2014	0.00%	7.48%
2013	0.00%	8.32%
2012	0.00%	6.82%
2011	0.00%	6.69%