JMUB Performance — JPMorgan Municipal ETF
Data updated: 2026-07-28
JMUB returned +1.18% year to date and +5.84% over one year to May 2026. Annualised returns are +3.87% over 3 years and +1.22% over 5 years. Against its Intermediate Municipal Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $112, against $111 for the category, and to $106 over one year, against $106. Volatility over the past three years was 4.62% a year. In the 12 months to May 2026 the fund took in a net $4.8B, and assets reached $7.76B.
JMUB Growth of $100
What $100 invested in JPMorgan Municipal ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | JMUB | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $106 | $106 |
| 3 years (Jun 2023 – May 2026) | $112 | $111 |
| 5 years (Jun 2021 – May 2026) | $106 | $104 |
| Since data start (Sep 2019 – May 2026) | $112 | $109 |
JMUB Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.18% |
| 1 year | +5.84% |
| 3 years (annualised) | +3.87% |
| 5 years (annualised) | +1.22% |
JMUB Annual Returns
Calendar-year total returns of JPMorgan Municipal ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.18% |
| 2025 | +4.15% |
| 2024 | +1.94% |
| 2023 | +6.07% |
| 2022 | −7.53% |
| 2021 | +1.58% |
| 2020 | +4.94% |
| 2019 (Sep–Dec) | +0.02% |
JMUB Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.8% | +1.1% | −2.0% | +1.0% | +0.4% | — | — | — | — | — | — | — |
| 2025 | +0.4% | +0.9% | −1.3% | −0.4% | 0.0% | +0.7% | −0.3% | +0.7% | +2.1% | +0.9% | +0.3% | +0.1% |
| 2024 | 0.0% | 0.0% | +0.1% | −0.8% | −0.1% | +1.3% | +0.9% | +0.6% | +0.9% | −1.3% | +1.3% | −1.0% |
| 2023 | +2.6% | −2.0% | +1.9% | 0.0% | −0.8% | +0.8% | +0.3% | −1.0% | −2.3% | −0.9% | +5.3% | +2.2% |
| 2022 | −2.7% | −0.5% | −2.9% | −2.6% | +1.5% | −1.3% | +2.6% | −2.0% | −3.1% | −0.7% | +4.0% | +0.3% |
| 2021 | +0.7% | −1.7% | +0.6% | +0.9% | +0.4% | +0.3% | +0.9% | −0.3% | −0.8% | −0.2% | +0.8% | +0.2% |
| 2020 | +1.9% | +1.4% | −4.3% | −1.3% | +3.2% | +1.0% | +1.6% | −0.3% | 0.0% | −0.3% | +1.4% | +0.7% |
| 2019 | — | — | — | — | — | — | — | — | −0.7% | +0.1% | +0.2% | +0.4% |
JMUB Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 4.62%
- 3-year Sharpe ratio: -0.14 (vs 4.5% risk-free rate)
- Best month: +5.34% (Nov 2023)
- Worst month: −2.31% (Sep 2023)
JMUB Fund Flows
Monthly money in and out of JPMorgan Municipal ETF, from SEC Form N-PORT.
- 12-month net flow: $4.8B
- 12-month gross sales (incl. reinvestments): $4.8B
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $293.7M | $0 | $293.7M |
| Apr 2026 | $268.9M | $0 | $268.9M |
| Mar 2026 | $188.8M | $0 | $188.8M |
| Feb 2026 | $242.2M | $0 | $242.2M |
| Jan 2026 | $273.7M | $0 | $273.7M |
| Dec 2025 | $265.3M | $0 | $265.3M |
| Nov 2025 | $174.9M | $0 | $174.9M |
| Oct 2025 | $2.2B | $0 | $2.2B |
| Sep 2025 | $316.4M | $0 | $316.4M |
| Aug 2025 | $259.7M | $0 | $259.7M |
| Jul 2025 | $202.1M | $0 | $202.1M |
| Jun 2025 | $131.1M | $0 | $131.1M |
JMUB Assets Under Management
Net assets of JPMorgan Municipal ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $7.76B |
| 2026-02-28 | $7.12B |
| 2025-11-30 | $6.27B |
| 2025-08-31 | $3.50B |
| 2025-05-31 | $2.90B |
| 2025-02-28 | $2.45B |
| 2024-11-30 | $2.02B |
| 2024-08-31 | $1.68B |
| 2024-05-31 | $1.41B |
| 2024-02-29 | $1.21B |
| 2023-11-30 | $859.23M |
| 2023-08-31 | $642.10M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.