JPME vs NBB

Comparison between JPMORGAN DIVERSIFIED RETURN U.S. MID CAP EQUITY ETF (JPME, ETF) and Nuveen Taxable Municipal Income Fund (NBB, ETF).

5-Year PerformanceJPME has outperformed NBB, delivering a return of +9.0% compared to -1.1%

JPME vs NBB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JPME(ETF)	NBB(ETF)
Net Assets	$465M	$464M
Expense Ratio	0.24%	N/A
Max Drawdown	41.01%	42.71%
Sharpe Ratio	1.36	0.02
5Y Beta	0.72	0.16
P/E Ratio	20.15	N/A
Forward P/E	14.72	N/A
PEG Ratio	0.19	N/A
5Y Dividends CAGR	14.20%	1.16%
5Y EPS CAGR	9.91%	N/A
Debt to Equity	163.59%	N/A
P/S Ratio	1.40	N/A
P/B Ratio	2.35	N/A

Net Assets

Winner

JPME

$465M

NBB

$464M

Expense Ratio

JPME

0.24%

NBB

N/A

Max Drawdown

Winner

JPME

41.01%

NBB

42.71%

Sharpe Ratio

Winner

JPME

1.36

NBB

0.02

5Y Beta

JPME

0.72

Winner

NBB

0.16

P/E Ratio

JPME

20.15

NBB

N/A

Forward P/E

JPME

14.72

NBB

N/A

PEG Ratio

JPME

0.19

NBB

N/A

5Y Dividends CAGR

Winner

JPME

14.20%

NBB

1.16%

5Y EPS CAGR

JPME

9.91%

NBB

N/A

Debt to Equity

JPME

163.59%

NBB

N/A

P/S Ratio

JPME

1.40

NBB

N/A

P/B Ratio

JPME

2.35

NBB

N/A

JPME vs NBB - Historical Returns

Returns include dividend reinvestment.

Period	JPME	NBB
1 month	+1.14%	+1.88%
3 months	+4.73%	-0.77%
6 months	+7.50%	-2.49%
1 year	+19.83%	+5.22%
5 years(CAGR)	+8.96%	-1.06%
10 years(CAGR)	+11.09%	+2.54%
Max(CAGR)	+11.50%	+5.09%

JPME

+1.14%

Winner

NBB

+1.88%

Winner

JPME

+4.73%

NBB

-0.77%

Winner

JPME

+7.50%

NBB

-2.49%

Winner

JPME

+19.83%

NBB

+5.22%

5Y(CAGR)

Winner

JPME

+8.96%

NBB

-1.06%

10Y(CAGR)

Winner

JPME

+11.09%

NBB

+2.54%

Max(CAGR)

Winner

JPME

+11.50%

NBB

+5.09%

JPME vs NBB - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	JPME	NBB
2026	+17.15%	+2.49%
2025	+8.39%	+12.97%
2024	+13.32%	+1.78%
2023	+11.82%	+7.51%
2022	-9.80%	-24.19%
2021	+30.73%	+2.06%
2020	+8.62%	+13.82%
2019	+25.84%	+18.82%
2018	-9.19%	-6.08%
2017	+18.60%	+12.97%
2016	+10.30%	+8.81%
2015	N/A	+1.49%
2014	N/A	+22.93%
2013	N/A	-6.71%
2012	N/A	+7.88%
2011	N/A	+18.84%
2010	N/A	-4.27%

JPME vs NBB Drawdown Comparison

The maximum drawdown for JPME was -41.01%, occurring on Mar 23, 2020. Recovery took 210 trading sessions.

The maximum drawdown for NBB was -33.51%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The current JPME drawdown is -1.31%. The current NBB drawdown is -6.47%.

Rank	JPME	NBB
#1	-41.01% Jan 17, 2020 - Nov 16, 2020	-33.51% Sep 15, 2021 - Oct 19, 2023
#2	-19.91% Aug 29, 2018 - Jul 3, 2019	-27.83% Feb 21, 2020 - Aug 6, 2020
#3	-19.30% Jan 4, 2022 - Dec 26, 2023	-16.99% May 1, 2013 - May 29, 2014
#4	-18.70% Nov 29, 2024 - Sep 11, 2025	-12.58% Oct 13, 2010 - Aug 3, 2011
#5	-7.57% Jan 26, 2018 - Jul 19, 2018	-12.45% Sep 6, 2016 - Aug 31, 2017
#6	-6.84% Mar 2, 2026 - Apr 17, 2026	-10.51% Jan 4, 2018 - Mar 25, 2019
#7	-6.58% Nov 16, 2021 - Dec 27, 2021	-9.87% Feb 2, 2015 - Jan 15, 2016
#8	-6.56% Jul 26, 2019 - Nov 1, 2019	-8.79% Jan 27, 2021 - Jul 8, 2021
#9	-6.51% Mar 28, 2024 - Jul 16, 2024	-7.38% Feb 8, 2012 - May 30, 2012
#10	-5.27% Jun 8, 2016 - Jul 12, 2016	-5.80% Sep 3, 2019 - Jan 15, 2020
#11	-5.26% Aug 23, 2016 - Nov 21, 2016	-5.77% Aug 1, 2012 - Nov 8, 2012
#12	-5.09% Jul 31, 2024 - Aug 19, 2024	-5.39% Aug 7, 2020 - Dec 2, 2020
#13	-4.85% Sep 2, 2021 - Oct 20, 2021	-3.81% Nov 12, 2012 - Jan 11, 2013
#14	-4.58% Jan 20, 2021 - Feb 8, 2021	-3.74% Oct 16, 2017 - Dec 6, 2017
#15	-4.42% Sep 11, 2025 - Nov 26, 2025	-3.33% Aug 29, 2014 - Oct 15, 2014

Correlation

Correlation between JPME and NBB is 0.60 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.60

-101

Dividend Comparison (2010 - 2026)

JPME vs NBB dividend yield comparison.

Year	JPME	NBB
2026	0.72%	5.01%
2025	2.03%	7.33%
2024	1.77%	6.96%
2023	1.84%	8.33%
2022	1.84%	7.86%
2021	1.44%	5.50%
2020	1.51%	4.67%
2019	1.68%	5.54%
2018	1.80%	6.38%
2017	1.17%	5.62%
2016	0.91%	6.35%
2015	0.00%	6.79%
2014	0.00%	6.57%
2013	0.00%	7.53%
2012	0.00%	6.24%
2011	0.00%	6.84%
2010	0.00%	4.46%