LMBS vs JMST

Comparison between FIRST TRUST LOW DURATION OPPORTUNITIES ETF (LMBS, ETF) and JPMorgan Ultra-Short Municipal Income ETF (JMST, ETF).

5-Year PerformanceLMBS has outperformed JMST, delivering a return of +3.0% compared to +2.2%

LMBS vs JMST - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LMBS(ETF)	JMST(ETF)
Net Assets	$6.20B	$6.20B
Expense Ratio	0.66%	0.18%
Max Drawdown	11.76%	2.41%
Sharpe Ratio	1.27	-1.09
5Y Beta	0.01	0.00
5Y Dividends CAGR	12.43%	37.41%

Net Assets

LMBS

$6.20B

JMST

$6.20B

Expense Ratio

LMBS

0.66%

Winner

JMST

0.18%

Max Drawdown

LMBS

11.76%

Winner

JMST

2.41%

Sharpe Ratio

Winner

LMBS

1.27

JMST

-1.09

5Y Beta

LMBS

0.01

Winner

JMST

0.00

5Y Dividends CAGR

LMBS

12.43%

Winner

JMST

37.41%

LMBS vs JMST - Historical Returns

Returns include dividend reinvestment.

Period	LMBS	JMST
1 month	-0.02%	+0.16%
3 months	-0.06%	+0.18%
6 months	+1.87%	+1.22%
1 year	+6.38%	+3.03%
5 years(CAGR)	+3.03%	+2.24%
10 years(CAGR)	+2.76%	N/A
Max(CAGR)	+3.01%	+2.12%

LMBS

-0.02%

Winner

JMST

+0.16%

LMBS

-0.06%

Winner

JMST

+0.18%

Winner

LMBS

+1.87%

JMST

+1.22%

Winner

LMBS

+6.38%

JMST

+3.03%

5Y(CAGR)

Winner

LMBS

+3.03%

JMST

+2.24%

10Y(CAGR)

LMBS

+2.76%

JMST

N/A

Max(CAGR)

Winner

LMBS

+3.01%

JMST

+2.12%

LMBS vs JMST - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	LMBS	JMST
2026	+1.25%	+0.76%
2025	+7.05%	+3.33%
2024	+5.30%	+3.33%
2023	+6.26%	+3.57%
2022	-2.97%	+0.09%
2021	-1.01%	+0.33%
2020	+1.60%	+2.00%
2019	+4.10%	+2.07%
2018	+1.50%	+0.70%
2017	+1.55%	N/A
2016	+6.56%	N/A
2015	+2.56%	N/A
2014	+1.57%	N/A

LMBS vs JMST Drawdown Comparison

The maximum drawdown for LMBS was -6.49%, occurring on Oct 21, 2022. Recovery took 948 trading sessions.

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

The current LMBS drawdown is -0.41%. The current JMST drawdown is -0.04%.

Rank	LMBS	JMST
#1	-6.49% Mar 6, 2020 - Dec 11, 2023	-2.41% Mar 9, 2020 - Apr 20, 2020
#2	-1.85% Jan 6, 2015 - Mar 12, 2015	-1.15% Dec 29, 2021 - Dec 13, 2022
#3	-1.72% Apr 4, 2025 - Jun 11, 2025	-0.71% Apr 1, 2025 - May 15, 2025
#4	-1.52% Oct 1, 2024 - Feb 5, 2025	-0.32% May 16, 2023 - Jun 6, 2023
#5	-1.45% Mar 27, 2024 - May 15, 2024	-0.26% Jan 31, 2023 - Mar 10, 2023
#6	-1.43% Feb 27, 2026 - Mar 27, 2026	-0.25% Oct 29, 2025 - Nov 6, 2025
#7	-1.25% Aug 24, 2015 - Oct 6, 2015	-0.25% Apr 13, 2023 - May 11, 2023
#8	-0.97% Dec 4, 2014 - Dec 26, 2014	-0.22% Sep 13, 2023 - Oct 10, 2023
#9	-0.89% Apr 6, 2015 - May 7, 2015	-0.21% Mar 17, 2026 - Apr 20, 2026
#10	-0.86% Nov 4, 2016 - Apr 4, 2017	-0.20% Mar 25, 2025 - Apr 1, 2025
#11	-0.85% Feb 1, 2024 - Mar 6, 2024	-0.19% Sep 20, 2021 - Dec 29, 2021
#12	-0.81% Feb 18, 2016 - Mar 17, 2016	-0.18% Aug 21, 2019 - Oct 4, 2019
#13	-0.74% Mar 12, 2015 - Mar 20, 2015	-0.17% Nov 5, 2024 - Nov 8, 2024
#14	-0.74% May 15, 2024 - Jun 5, 2024	-0.17% Aug 6, 2024 - Aug 19, 2024
#15	-0.67% Jan 11, 2016 - Jan 20, 2016	-0.16% Jan 31, 2024 - Feb 15, 2024

Correlation

Correlation between LMBS and JMST is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2014 - 2026)

LMBS vs JMST dividend yield comparison.

Year	LMBS	JMST
2026	1.36%	0.86%
2025	4.08%	2.84%
2024	4.28%	3.32%
2023	3.96%	3.09%
2022	2.22%	1.10%
2021	2.04%	0.27%
2020	2.27%	0.87%
2019	2.55%	1.63%
2018	2.76%	0.28%
2017	2.73%	0.00%
2016	2.84%	0.00%
2015	3.03%	0.00%
2014	0.37%	0.00%