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ETFs

JPMorgan Municipal ETF

JMUB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 29, 2018
Expense Ratio
0.18%
Type
US Bonds
Fund Owner
JPMorgan Chase
Volume (1m avg. daily)
$5,258,700
AUM
$642,650,748
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
JPMORGAN INSTITUTIONAL TA
9.35%
n/a
TENNESSEE ST GO 5% 05/38
1.71%
n/a
Allegheny Cnty PA (10 % max) Remarketable 2008-1.12.37 Ref Carnegie Mellon Univ Series A Var Rt
0.94%
n/a
SOUTHEAST VAR 01/54
0.94%
n/a
ALEDO TEX INDPT 5% 02/48
0.92%
n/a
PENNSYLVANIA 5.75% 10/53
0.82%
n/a
ENERGY VAR 11/53
0.81%
n/a
State Louisiana 4.5 % Bonds 2015-01.05.39 Refunding Series A
0.79%
n/a
TULLY N Y CENT 4.5% 06/24
0.78%
n/a
NORTH HALEDON 4.5% 06/24
0.78%
Invest with JMUB

What is JMUB?

JPMorgan Municipal ETF invests primarily in a diversified portfolio of intermediate-term municipal bonds that are exempt from federal income taxes. The fund invests at least 80% of its assets in municipal securities, the income from which is exempt from federal income tax. The fund may invest in debt securities issued by governmental entities, certain issuers identified with the U.S. government and private issuers. It may invest in municipal mortgage-backed and asset-backed securities.

ETFs related toJMUB

ETFs correlated to JMUB include SCMB, CMF, MMIT

JMUB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Municipal ETF
SCMB
Schwab Strategic Trust - Schwab Municipal Bond ETF
CMF
BlackRock Institutional Trust Company N.A. - iShares California Muni Bond ETF
MMIT
IndexIQ Active ETF Trust - IQ MacKay Municipal Intermediate ETF
VTEB
Vanguard Group, Inc. - Vanguard Tax-Exempt Bond ETF
MMIN
IndexIQ Active ETF Trust - IQ MacKay Municipal Insured ETF
CGMU
Capital Group Fixed Income ETF Trust - Capital Group Municipal Income ETF
NYF
BlackRock Institutional Trust Company N.A. - iShares New York Muni Bond ETF
IBMQ
iShares Trust - iShares iBonds Dec 2028 Term Muni Bond ETF
MUB
BlackRock Institutional Trust Company N.A. - iShares National Muni Bond ETF
VTES
Vanguard Wellington Fund - Vanguard Short-Term Tax Exempt Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

JMUB is a US Bonds ETF. JPMorgan Municipal ETF invests primarily in a diversified portfolio of intermediate-term municipal bonds that are exempt from federal income taxes. The fund invests at least 80% of its assets in municipal securities, the income from which is exempt from federal income tax. The fund may invest in debt securities issued by governmental entities, certain issuers identified with the U.S. government and private issuers. It may invest in municipal mortgage-backed and asset-backed securities.

Yes, JMUB is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, JMUB is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on JMUB is -0.012%. This is the percent change in the value of JMUB over the most recent 1-month period. The 3-month return on JMUB is -0.0246%. This is the percent change in the value of JMUB over the most recent 3-month period.

The standard deviation of JMUB for the past year is 0.0381%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to JMUB include SUB, HYD, and TFI.

ETFs correlated to JMUB include SCMB, CMF, and MMIT.

ETFs that are inversely correlated to JMUB include TBT, TMV, and TTT.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.