Performance analysis of JMUB (JPMORGAN MUNICIPAL ETF)
Annual Return
Over the past 3 years, JMUB has had an average annual return of +3.35%, underperforming the benchmark SPY, which returned +19.62% annual.
Over the past 5 years, JMUB has had an average annual return of +0.96%, underperforming the benchmark SPY, which returned +12.73% annual.
Since Oct 31, 2018, JMUB has had an average annual return of +2.94%, underperforming the benchmark SPY, which returned +15.82% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +0.98% | +4.33% | +1.88% | +5.96% | -7.44% | +1.59% | +4.98% | +8.36% | +2.81% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.68% | +1.19% | -2.26% | +1.16% | +0.42% | +0.66% | -0.82% | +0.98% | |||||
| 2025 | +0.48% | +1.03% | -1.26% | -0.29% | -0.22% | +0.68% | -0.34% | +0.83% | +2.09% | +0.89% | +0.34% | +0.04% | +4.33% |
| 2024 | +0.15% | -0.11% | +0.09% | -0.88% | +0.03% | +1.03% | +1.27% | +0.32% | +1.06% | -1.19% | +1.20% | -1.05% | +1.88% |
| 2023 | +2.62% | -2.06% | +1.91% | +0.10% | -0.76% | +0.68% | +0.27% | -1.13% | -2.07% | -1.19% | +5.54% | +2.18% | +5.96% |
| 2022 | -2.80% | -0.44% | -2.81% | -2.74% | +1.44% | -1.22% | +2.42% | -1.89% | -2.94% | -1.14% | +4.55% | +0.19% | -7.44% |
| 2021 | +0.62% | -1.74% | +0.48% | +1% | +0.37% | +0.35% | +0.98% | -0.41% | -0.69% | -0.30% | +0.68% | +0.29% | +1.59% |
| 2020 | +1.97% | +1.11% | -4.03% | -1.30% | +3.46% | +0.61% | +1.77% | -0.29% | +0.02% | -0.43% | +1.46% | +0.71% | +4.98% |
| 2019 | +1.01% | +0.80% | +1.41% | +0.25% | +1.47% | +0.55% | +0.97% | +1.62% | -0.75% | +0.27% | +0.23% | +0.25% | +8.36% |
| 2018 | +0% | +0.89% | +1.90% | +2.81% |
Drawdown analysis of JMUB (JPMORGAN MUNICIPAL ETF)
The maximum drawdown for the JMUB was -12.49%, occurring on Mar 23, 2020. Recovery took 96 trading sessions.
The current JMUB drawdown is -0.95%.
Since Oct 31, 2018 JMUB has experienced the following drawdowns:
- 10% or more: 2 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -12.49% | Mar 9, 2020 | 10 | Mar 23, 2020 | 96 | Aug 7, 2020 | 106 |
| -12.07% | Jul 30, 2021 | 315 | Oct 28, 2022 | 464 | Sep 5, 2024 | 779 |
| -4.02% | Feb 28, 2025 | 30 | Apr 11, 2025 | 100 | Sep 5, 2025 | 130 |
| -2.55% | Feb 27, 2026 | 17 | Mar 24, 2026 | 69 | Jul 2, 2026 | 86 |
| -2.18% | Feb 12, 2021 | 9 | Feb 26, 2021 | 70 | Jun 8, 2021 | 79 |
| -2.18% | Oct 1, 2024 | 26 | Nov 6, 2024 | 19 | Dec 4, 2024 | 45 |
| -2.07% | Dec 4, 2024 | 26 | Jan 14, 2025 | 29 | Feb 26, 2025 | 55 |
| -1.37% | Aug 15, 2019 | 22 | Sep 17, 2019 | 16 | Oct 9, 2019 | 38 |
| -1.22% | Aug 11, 2020 | 50 | Oct 21, 2020 | 22 | Nov 20, 2020 | 72 |
| -1.18% | Oct 9, 2019 | 22 | Nov 8, 2019 | 37 | Jan 3, 2020 | 59 |
| -0.95% | Jul 6, 2026 | 11 | Jul 21, 2026 | Ongoing | Ongoing | Ongoing |
| -0.55% | Jun 15, 2021 | 6 | Jun 23, 2021 | 10 | Jul 8, 2021 | 16 |
| -0.47% | Mar 28, 2019 | 6 | Apr 5, 2019 | 15 | Apr 29, 2019 | 21 |
| -0.45% | Nov 11, 2025 | 3 | Nov 14, 2025 | 9 | Nov 28, 2025 | 12 |
| -0.42% | Sep 17, 2025 | 7 | Sep 26, 2025 | 10 | Oct 10, 2025 | 17 |
| -0.36% | Jan 31, 2020 | 4 | Feb 6, 2020 | 8 | Feb 19, 2020 | 12 |
| -0.34% | Nov 28, 2025 | 7 | Dec 9, 2025 | 15 | Dec 31, 2025 | 22 |
| -0.29% | Oct 27, 2025 | 7 | Nov 5, 2025 | 4 | Nov 11, 2025 | 11 |
| -0.29% | Nov 1, 2018 | 2 | Nov 5, 2018 | 10 | Nov 19, 2018 | 12 |
| -0.27% | Jan 14, 2026 | 3 | Jan 20, 2026 | 8 | Jan 30, 2026 | 11 |
| -0.20% | Jan 6, 2021 | 6 | Jan 14, 2021 | 5 | Jan 22, 2021 | 11 |
| -0.19% | Dec 13, 2018 | 1 | Dec 14, 2018 | 3 | Dec 19, 2018 | 4 |
| -0.17% | Jan 4, 2019 | 1 | Jan 7, 2019 | 5 | Jan 14, 2019 | 6 |
| -0.12% | Feb 20, 2019 | 1 | Feb 21, 2019 | 4 | Feb 27, 2019 | 5 |
| -0.12% | Feb 26, 2025 | 1 | Feb 27, 2025 | 1 | Feb 28, 2025 | 2 |