Which returned more over the last year, JMBS or JMTG?

In the year to Oct 9, 2026, with distributions reinvested, JMBS returned −1.8% and JMTG −0.8%.

Which is cheaper, JMBS or JMTG?

JMBS is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.

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JMBS vs JMTG: Differences, Returns & Fees

JMBS's duration was 6.2 years on Jul 31, 2026 and JMTG's 5.6 on May 31, 2026; JMBS charges 0.21% to JMTG's 0.24%. Net assets: $6.7bn on Jul 31, 2026 for Janus Henderson Mortgage-Backed Securities ETF, and $6.7bn on Oct 9, 2026 for JPMorgan Mortgage-Backed Securities ETF.

JMBS costs 0.03 points a year less; their one-year returns differ by 1.0 point.

	JMBS	JMTG
Expense ratio	0.21%	0.24%
Net assets, JMBS as of Jul 31, 2026 and JMTG as of Oct 9, 2026	$6.7bn	$6.7bn
Total return, 1 year	−1.8%	−0.8%
What it tracks	No index, actively managed	No index, actively managed
Holdings in common	0%
Below its high	5.4%, high on Feb 27, 2026	4.3%, high on Feb 27, 2026

Holdings in common uses holdings dated May 31, 2026 and Jul 31, 2026.

−1.8%

JMBS total return, 1 year

−0.8%

JMTG total return, 1 year

0.21%

JMBS expense ratio

0.24%

JMTG expense ratio

What they hold in common

By the books each fund has filed, JMBS and JMTG hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Jul 31, 2026.

50%

half

0% in common

Positions both hold, largest shared weight first

Holding JMBS JMTG

Towd Point Mortgage Trust, Series 2025-FIX2, Class A1, due Oct 25, 2065 0.15% 0.15%

Brean Asset-Backed Securities Trust, Series 2024-RM8, Class A1, due May 25, 2064 0.12% 0.06%

Homeward Opportunities Fund Trust, Series 2025-RRTL2, Class A1, due Sep 25, 2040 0.07% 0.04%

FIGRE Trust, Series 2025-HE5, Class B, due Aug 25, 2055 0.02% 0.02%

Fannie Mae REMIC, Series 2010-123, Class FL, due Nov 25, 2040 0.00% 0.00%

Only in JMBS

Fannie Mae / Freddie Mac UMBS, Single Family, 30 Year, due Aug 25, 2056 16.97%

Ginnie Mae II UMBS, Single Family, 30 Year, due Aug 15, 2056 8.87%

Fannie Mae / Freddie Mac UMBS, Single Family, 30 Year, due Aug 25, 2056 7.55%

Fannie Mae Pool UMBS, 30 Year, due Sep 1, 2053 4.59%

Fannie Mae / Freddie Mac UMBS, Single Family, 30 Year, due Aug 25, 2056 4.21%

Fannie Mae / Freddie Mac UMBS, Single Family, 30 Year, due Aug 25, 2056 3.82%

Fannie Mae / Freddie Mac UMBS, Single Family, 30 Year, due Aug 25, 2056 3.66%

Ginnie Mae II UMBS, Single Family, 30 Year, due Aug 15, 2056 2.87%

Only in JMTG

FNMA/FHLMC UMBS, Single Family, 30 Year, due Jun 25, 2056 2.17%

FNMA/FHLMC UMBS, Single Family, 30 Year, due Jun 25, 2056 1.28%

U.S. Treasury Bonds, due Aug 15, 2043 1.19%

FNMA UMBS, 30 Year, due Oct 1, 2051 0.66%

FNMA ACES, Series 2026-M10, Class A2, due Jul 25, 2035 0.59%

U.S. Treasury Bonds, due May 15, 2040 0.57%

FNMA ACES, Series 2022-M4, Class 2A2, due Dec 25, 2030 0.53%

FNMA UMBS, 30 Year, due Aug 1, 2050 0.50%

Check overlap with more funds →

On the same fields

JMBS

Janus Henderson Mortgage-Backed Securities ETF

JMTG

JPMorgan Mortgage-Backed Securities ETF

Where it sits Bond ETF Bond ETF

Issuer Janus Henderson JPMorgan

What it is Actively managed Actively managed

Total return, 1 year −1.8% −0.8%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 −19.1 pts −18.1 pts

Expense ratio 0.21% 0.24%

Holdings 618 2578

Net assets, JMBS as of Jul 31, 2026 and JMTG as of Oct 9, 2026 $6.7bn $6.7bn

JMBS and JMTG on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

JMBS in plain words

JMBS is actively managed and tracks no index. The prospectus expense ratio is 0.21% a year. It sat 5.4% below its high of Feb 27, 2026 on Oct 9, 2026.

Over the year to Oct 9, 2026 it returned −1.8% with distributions reinvested, against −1.6% for its benchmark, the Bloomberg U.S. Aggregate Bond Index.

JMTG in plain words

JMTG is actively managed and tracks no index. The prospectus expense ratio is 0.24% a year. It sat 4.3% below its high of Feb 27, 2026 on Oct 9, 2026.

Over the year to Oct 9, 2026 it returned −0.8% with distributions reinvested, against −1.2% for its benchmark, the Bloomberg U.S. MBS Index.

Questions people ask

Which returned more over the last year, JMBS or JMTG?: In the year to Oct 9, 2026, with distributions reinvested, JMBS returned −1.8% and JMTG −0.8%.
Which is cheaper, JMBS or JMTG?: JMBS is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

JMBS vs VMBS JMBS vs SPMB JMBS vs SMBS JMBS vs PMBS JMTG vs PMBS JMTG vs SPMB JMTG vs SMBS JMTG vs VMBS

JMBS on its own →JMTG on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

JMBS filings on SEC EDGAR ↗JMBS prospectus with the expense ratio (SEC) ↗Janus Henderson website ↗JMTG filings on SEC EDGAR ↗JMTG prospectus with the expense ratio (SEC) ↗JPMorgan website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, JMBS against JMTG, data as of Oct 9, 2026. https://etfiq.com/compare/any/jmbs-vs-jmtg

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.