MMT vs JMHI

Comparison between MFS Multimarket Income Trust (MMT, ETF) and JPMORGAN HIGH YIELD MUNICIPAL ETF (JMHI, ETF).

MMT vs JMHI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MMT(ETF)	JMHI(ETF)
Net Assets	$271M	$271M
Expense Ratio	N/A	0.35%
Max Drawdown	47.46%	8.42%
Sharpe Ratio	0.24	0.70
5Y Beta	0.21	0.02
5Y Dividends CAGR	-4.27%	N/A

Net Assets

Winner

MMT

$271M

JMHI

$271M

Expense Ratio

MMT

N/A

JMHI

0.35%

Max Drawdown

MMT

47.46%

Winner

JMHI

8.42%

Sharpe Ratio

MMT

0.24

Winner

JMHI

0.70

5Y Beta

MMT

0.21

Winner

JMHI

0.02

5Y Dividends CAGR

MMT

-4.27%

JMHI

N/A

MMT vs JMHI - Historical Returns

Returns include dividend reinvestment.

Period	MMT	JMHI
1 month	-0.03%	+0.40%
3 months	-0.86%	+0.15%
6 months	-0.53%	+1.64%
1 year	+5.72%	+6.23%
5 years(CAGR)	+1.80%	N/A
10 years(CAGR)	+5.92%	N/A
Max(CAGR)	+7.19%	+4.64%

MMT

-0.03%

Winner

JMHI

+0.40%

MMT

-0.86%

Winner

JMHI

+0.15%

MMT

-0.53%

Winner

JMHI

+1.64%

MMT

+5.72%

Winner

JMHI

+6.23%

5Y(CAGR)

MMT

+1.80%

JMHI

N/A

10Y(CAGR)

MMT

+5.92%

JMHI

N/A

Max(CAGR)

Winner

MMT

+7.19%

JMHI

+4.64%

MMT vs JMHI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MMT	JMHI
2026	+0.35%	+1.33%
2025	+8.77%	+4.49%
2024	+11.92%	+5.85%
2023	+8.43%	+1.43%
2022	-23.19%	N/A
2021	+12.74%	N/A
2020	+7.95%	N/A
2019	+27.56%	N/A
2018	-8.90%	N/A
2017	+8.94%	N/A
2016	+21.48%	N/A
2015	-7.81%	N/A
2014	+6.24%	N/A
2013	-1.77%	N/A
2012	+14.21%	N/A
2011	+4.59%	N/A
2010	+15.86%	N/A
2009	+40.61%	N/A
2008	-10.52%	N/A
2007	+1.88%	N/A
2006	+7.10%	N/A
2005	+0.99%	N/A
2004	+6.72%	N/A
2003	+14.85%	N/A
2002	+5.64%	N/A
2001	+2.57%	N/A
2000	+22.97%	N/A
1999	-6.76%	N/A

MMT vs JMHI Drawdown Comparison

The maximum drawdown for MMT was -35.71%, occurring on Mar 18, 2020. Recovery took 154 trading sessions.

The maximum drawdown for JMHI was -7.11%, occurring on Oct 31, 2023. Recovery took 104 trading sessions.

The current MMT drawdown is -3.49%. The current JMHI drawdown is -0.63%.

Rank	MMT	JMHI
#1	-35.71% Jan 23, 2020 - Sep 1, 2020	-7.11% Jul 18, 2023 - Dec 13, 2023
#2	-32.27% Dec 17, 2021 - Sep 3, 2025	-4.77% Feb 28, 2025 - Sep 10, 2025
#3	-31.74% May 9, 2008 - Apr 29, 2009	-2.93% Feb 27, 2026 - Mar 24, 2026
#4	-16.73% May 1, 2013 - Jun 1, 2015	-2.35% Dec 9, 2024 - Feb 3, 2025
#5	-14.72% Jul 17, 2001 - Apr 24, 2002	-1.86% Oct 2, 2024 - Nov 26, 2024
#6	-13.23% Jun 1, 2015 - May 25, 2016	-1.74% Dec 27, 2023 - Feb 1, 2024
#7	-11.47% Mar 17, 2004 - Sep 15, 2004	-1.60% Feb 1, 2024 - Mar 1, 2024
#8	-11.27% Jul 11, 2011 - Dec 5, 2011	-1.23% Mar 22, 2024 - May 9, 2024
#9	-10.50% Jan 2, 2018 - Jan 30, 2019	-1.11% May 15, 2024 - Jun 6, 2024
#10	-8.72% Jun 6, 2002 - Jan 9, 2003	-1.02% Feb 6, 2025 - Feb 24, 2025
#11	-8.52% May 3, 2010 - Jul 16, 2010	-0.89% Aug 5, 2024 - Sep 5, 2024
#12	-7.69% Sep 8, 2016 - Jan 10, 2017	-0.74% Oct 28, 2025 - Nov 25, 2025
#13	-7.68% Nov 2, 1999 - Feb 3, 2000	-0.71% Nov 26, 2025 - Jan 7, 2026
#14	-7.62% Aug 22, 2000 - Dec 18, 2000	-0.69% Sep 16, 2025 - Oct 1, 2025
#15	-7.62% Sep 27, 2005 - Oct 4, 2006	-0.52% Jun 6, 2024 - Jun 12, 2024

Correlation

Correlation between MMT and JMHI is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (1999 - 2026)

MMT vs JMHI dividend yield comparison.

Year	MMT	JMHI
2026	3.72%	1.83%
2025	8.65%	4.42%
2024	8.65%	4.49%
2023	8.65%	2.48%
2022	9.38%	0.00%
2021	7.86%	0.00%
2020	8.07%	0.00%
2019	8.16%	0.00%
2018	9.86%	0.00%
2017	8.82%	0.00%
2016	8.71%	0.00%
2015	9.05%	0.00%
2014	7.76%	0.00%
2013	8.89%	0.00%
2012	6.77%	0.00%
2011	7.91%	0.00%
2010	8.70%	0.00%
2009	7.35%	0.00%
2008	8.86%	0.00%
2007	6.45%	0.00%
2006	6.11%	0.00%
2005	6.45%	0.00%
2004	6.19%	0.00%
2003	6.33%	0.00%
2002	7.06%	0.00%
2001	8.76%	0.00%
2000	9.66%	0.00%
1999	1.82%	0.00%