VWOB vs JMST

Comparison between VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND ETF SHARES (VWOB, ETF) and JPMorgan Ultra-Short Municipal Income ETF (JMST, ETF).

5-Year PerformanceJMST has outperformed VWOB, delivering a return of +2.2% compared to +2.2%

VWOB vs JMST - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VWOB(ETF)	JMST(ETF)
Net Assets	$6.30B	$6.30B
Expense Ratio	0.15%	0.18%
Max Drawdown	32.89%	2.41%
Sharpe Ratio	1.52	-1.00
5Y Beta	0.23	0.00
5Y Dividends CAGR	5.46%	37.41%

Net Assets

VWOB

$6.30B

JMST

$6.30B

Expense Ratio

Winner

VWOB

0.15%

JMST

0.18%

Max Drawdown

VWOB

32.89%

Winner

JMST

2.41%

Sharpe Ratio

Winner

VWOB

1.52

JMST

-1.00

5Y Beta

VWOB

0.23

Winner

JMST

0.00

5Y Dividends CAGR

VWOB

5.46%

Winner

JMST

37.41%

VWOB vs JMST - Historical Returns

Returns include dividend reinvestment.

Period	VWOB	JMST
1 month	+1.54%	+0.26%
3 months	+0.65%	+0.33%
6 months	+2.35%	+1.31%
1 year	+12.29%	+3.11%
5 years(CAGR)	+2.20%	+2.24%
10 years(CAGR)	+3.63%	N/A
Max(CAGR)	+3.60%	+2.13%

Winner

VWOB

+1.54%

JMST

+0.26%

Winner

VWOB

+0.65%

JMST

+0.33%

Winner

VWOB

+2.35%

JMST

+1.31%

Winner

VWOB

+12.29%

JMST

+3.11%

5Y(CAGR)

VWOB

+2.20%

Winner

JMST

+2.24%

10Y(CAGR)

VWOB

+3.63%

JMST

N/A

Max(CAGR)

Winner

VWOB

+3.60%

JMST

+2.13%

VWOB vs JMST - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	VWOB	JMST
2026	+1.41%	+0.80%
2025	+13.19%	+3.33%
2024	+6.15%	+3.33%
2023	+10.12%	+3.57%
2022	-16.58%	+0.09%
2021	-1.32%	+0.33%
2020	+5.53%	+2.00%
2019	+14.14%	+2.07%
2018	-3.09%	+0.70%
2017	+8.05%	N/A
2016	+9.56%	N/A
2015	+1.59%	N/A
2014	+4.34%	N/A
2013	-1.82%	N/A

VWOB vs JMST Drawdown Comparison

The maximum drawdown for VWOB was -26.98%, occurring on Oct 20, 2022. Recovery took 959 trading sessions.

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

The current VWOB drawdown is -0.46%.

Rank	VWOB	JMST
#1	-26.98% Sep 2, 2021 - Jul 1, 2025	-2.41% Mar 9, 2020 - Apr 20, 2020
#2	-25.31% Mar 4, 2020 - Sep 2, 2020	-1.15% Dec 29, 2021 - Dec 13, 2022
#3	-7.74% Aug 27, 2014 - Apr 8, 2015	-0.71% Apr 1, 2025 - May 15, 2025
#4	-6.90% Dec 30, 2020 - Aug 30, 2021	-0.32% May 16, 2023 - Jun 6, 2023
#5	-6.77% Jun 4, 2013 - Feb 28, 2014	-0.26% Jan 31, 2023 - Mar 10, 2023
#6	-6.03% Sep 7, 2016 - Apr 12, 2017	-0.25% Oct 29, 2025 - Nov 6, 2025
#7	-5.58% Jan 5, 2018 - Jan 31, 2019	-0.25% Apr 13, 2023 - May 11, 2023
#8	-5.39% Apr 24, 2015 - Mar 16, 2016	-0.22% Sep 13, 2023 - Oct 10, 2023
#9	-4.48% Feb 23, 2026 - Mar 27, 2026	-0.21% Mar 17, 2026 - Apr 20, 2026
#10	-3.65% Sep 2, 2020 - Nov 11, 2020	-0.20% Mar 25, 2025 - Apr 1, 2025
#11	-2.64% Feb 21, 2020 - Mar 4, 2020	-0.19% Sep 20, 2021 - Dec 29, 2021
#12	-2.02% Sep 4, 2019 - Dec 11, 2019	-0.18% Aug 21, 2019 - Oct 4, 2019
#13	-2.01% Jun 14, 2017 - Aug 3, 2017	-0.17% Nov 5, 2024 - Nov 8, 2024
#14	-1.88% Aug 9, 2019 - Sep 4, 2019	-0.17% Aug 6, 2024 - Aug 19, 2024
#15	-1.51% Jul 24, 2014 - Aug 27, 2014	-0.16% Jan 31, 2024 - Feb 15, 2024

Correlation

Correlation between VWOB and JMST is 0.63 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.63

-101

Dividend Comparison (2013 - 2026)

VWOB vs JMST dividend yield comparison.

Year	VWOB	JMST
2026	1.95%	0.86%
2025	5.92%	2.84%
2024	6.08%	3.32%
2023	5.50%	3.09%
2022	5.30%	1.10%
2021	4.04%	0.27%
2020	4.18%	0.87%
2019	4.58%	1.63%
2018	4.52%	0.28%
2017	4.61%	0.00%
2016	4.71%	0.00%
2015	4.93%	0.00%
2014	4.49%	0.00%
2013	2.39%	0.00%