Performance analysis of JMST (JPMORGAN ULTRA-SHORT MUNICIPAL INCOME ETF)
Annual Return
Over the past 3 years, JMST has had an average annual return of +3.25%, underperforming the benchmark SPY, which returned +19.63% annual.
Over the past 5 years, JMST has had an average annual return of +2.30%, underperforming the benchmark SPY, which returned +12.73% annual.
Since Oct 18, 2018, JMST has had an average annual return of +2.13%, underperforming the benchmark SPY, which returned +15.43% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +1.18% | +3.35% | +3.31% | +3.56% | +0.07% | +0.31% | +1.99% | +2.09% | +0.70% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.37% | +0.19% | -0.07% | +0.21% | +0.20% | +0.29% | -0.00849% | +1.18% | |||||
| 2025 | +0.37% | +0.27% | +0.12% | +0.19% | +0.35% | +0.35% | +0.38% | +0.37% | +0.19% | -0.10% | +0.43% | +0.36% | +3.35% |
| 2024 | +0.19% | +0.22% | +0.15% | +0.17% | +0.31% | +0.40% | +0.56% | +0.37% | +0.29% | +0.02% | +0.45% | +0.14% | +3.31% |
| 2023 | +0.50% | -0.21% | +0.66% | +0.10% | -0.02% | +0.36% | +0.26% | +0.18% | -0.03% | +0.33% | +0.83% | +0.54% | +3.56% |
| 2022 | -0.44% | -0.15% | -0.19% | -0.19% | +0.24% | +0.11% | +0.17% | -0.39% | -0.19% | +0.22% | +0.65% | +0.23% | +0.07% |
| 2021 | +0.07% | -0.06% | +0.06% | +0.06% | +0.06% | -0.02% | +0.11% | -0% | -0.02% | -0.04% | -0.06% | +0.15% | +0.31% |
| 2020 | +0.19% | +0.17% | -0.26% | +0.61% | +0.73% | +0.06% | +0.22% | -0.04% | +0.04% | +0.07% | +0.10% | +0.10% | +1.99% |
| 2019 | +0.21% | +0.13% | +0.21% | +0.16% | +0.24% | +0.24% | +0.28% | +0.14% | -0.05% | +0.22% | +0.15% | +0.15% | +2.09% |
| 2018 | +0.08% | +0.25% | +0.37% | +0.70% |
Drawdown analysis of JMST (JPMORGAN ULTRA-SHORT MUNICIPAL INCOME ETF)
The maximum drawdown for the JMST was -2.41%, occurring on Mar 20, 2020. Recovery took 20 trading sessions.
The current JMST drawdown is -0.08%.
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -2.41% | Mar 9, 2020 | 9 | Mar 20, 2020 | 20 | Apr 20, 2020 | 29 |
| -1.15% | Dec 29, 2021 | 73 | Apr 13, 2022 | 168 | Dec 13, 2022 | 241 |
| -0.71% | Apr 1, 2025 | 8 | Apr 11, 2025 | 23 | May 15, 2025 | 31 |
| -0.32% | May 16, 2023 | 7 | May 25, 2023 | 7 | Jun 6, 2023 | 14 |
| -0.26% | Oct 29, 2025 | 2 | Oct 31, 2025 | 4 | Nov 6, 2025 | 6 |
| -0.26% | Jan 31, 2023 | 14 | Feb 21, 2023 | 13 | Mar 10, 2023 | 27 |
| -0.24% | Apr 13, 2023 | 4 | Apr 19, 2023 | 16 | May 11, 2023 | 20 |
| -0.22% | Sep 13, 2023 | 13 | Oct 2, 2023 | 6 | Oct 10, 2023 | 19 |
| -0.20% | Mar 17, 2026 | 5 | Mar 24, 2026 | 18 | Apr 20, 2026 | 23 |
| -0.20% | Mar 25, 2025 | 2 | Mar 27, 2025 | 3 | Apr 1, 2025 | 5 |
| -0.19% | Sep 20, 2021 | 44 | Nov 19, 2021 | 26 | Dec 29, 2021 | 70 |
| -0.19% | Aug 21, 2019 | 17 | Sep 16, 2019 | 14 | Oct 4, 2019 | 31 |
| -0.17% | Nov 5, 2024 | 1 | Nov 6, 2024 | 2 | Nov 8, 2024 | 3 |
| -0.16% | Aug 6, 2024 | 2 | Aug 8, 2024 | 7 | Aug 19, 2024 | 9 |
| -0.16% | Jan 31, 2024 | 3 | Feb 5, 2024 | 8 | Feb 15, 2024 | 11 |
| -0.14% | Dec 13, 2022 | 1 | Dec 14, 2022 | 11 | Dec 30, 2022 | 12 |
| -0.14% | Dec 6, 2024 | 9 | Dec 19, 2024 | 7 | Dec 31, 2024 | 16 |
| -0.14% | Jul 25, 2023 | 9 | Aug 7, 2023 | 3 | Aug 10, 2023 | 12 |
| -0.14% | Jan 11, 2024 | 4 | Jan 18, 2024 | 8 | Jan 30, 2024 | 12 |
| -0.13% | Mar 17, 2023 | 2 | Mar 21, 2023 | 2 | Mar 23, 2023 | 4 |
| -0.13% | Oct 25, 2018 | 7 | Nov 5, 2018 | 4 | Nov 9, 2018 | 11 |
| -0.12% | Aug 11, 2020 | 6 | Aug 19, 2020 | 28 | Sep 29, 2020 | 34 |
| -0.11% | Aug 16, 2023 | 4 | Aug 22, 2023 | 5 | Aug 29, 2023 | 9 |
| -0.11% | May 6, 2026 | 10 | May 20, 2026 | 3 | May 26, 2026 | 13 |
| -0.11% | Dec 27, 2023 | 1 | Dec 28, 2023 | 1 | Dec 29, 2023 | 2 |