JMUB vs SCMB: Differences, Returns & Fees

JMUB's duration was 6.2 years on May 31, 2026 and SCMB's 6.6 on Jun 30, 2026; SCMB charges 0.03% to JMUB's 0.18%. Net assets: $8.5bn on Oct 9, 2026 for JPMorgan Municipal ETF, and $4.0bn on Jun 30, 2026 for Schwab Municipal Bond ETF.

SCMB costs 0.15 points a year less; their one-year returns differ by 0.6 points.

JMUBSCMB
Expense ratio0.18%0.03%
Net assets, JMUB as of Oct 9, 2026 and SCMB as of Jun 30, 2026$8.5bn$4.0bn
Total return, 1 year−2.1%−2.7%
What it tracksNo index, actively managednot read by ETFIQ
Holdings in common3%
Below its high5.0%, high on Jul 6, 20265.8%, high on Jul 6, 2026

Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026.

−2.1%
JMUB total return, 1 year
−2.7%
SCMB total return, 1 year
0.18%
JMUB expense ratio
0.03%
SCMB expense ratio

What they hold in common

By the books each fund has filed, JMUB and SCMB hold 3% 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 Jun 30, 2026.

half

3% in common

Positions both hold, largest shared weight first
Holding JMUB SCMB
Chicago Transit Authority Sales Tax Receipts Fund, Series 2024A, due Dec 1, 2049 0.18% 0.14%
Commonwealth of Massachusetts, Consolidated Loan of 2023, Series 2023A, due May 1, 2048 0.18% 0.09%
New York City Transitional Finance Authority Future Tax Secured Fiscal Year 2026, Series 2026, Subseries F-1, due Feb 1, 2044 0.11% 0.08%
School District of Philadelphia (The), Series 2026B, due Sep 1, 2029 0.09% 0.07%
New York City Transitional Finance Authority Future Tax Secured Fiscal Year 2026, Series 2026B, due May 1, 2051 0.12% 0.07%
Municipal Electric Authority of Georgia, Plant Vogtle Units 3 and 4 Project, Series 2019A, due Jan 1, 2049 0.10% 0.07%
City of New York, Fiscal Year 2023, Series 2023A, Subseries A-1, due Sep 1, 2046 0.06% 0.07%
New York City Transitional Finance Authority, Future Tax Secured, Subordinate, Fiscal Year 2025, Series 2025H, Subseries H-1, due Nov 1, 2043 0.07% 0.06%
Massachusetts Bay Transportation Authority, Sales Tax, Series 2020B-1, due Jul 1, 2050 0.05% 0.06%
Energy Northwest, Columbia Generating Station, Series 2021A, due Jul 1, 2042 0.05% 0.05%
Maryland Stadium Authority, Built to Learn, Series 2024, due Jun 1, 2054 0.05% 0.05%
Triborough Bridge and Tunnel Authority, Payroll Mobility Tax, Series 2025B-2, due Mar 15, 2029 0.14% 0.05%
Only in JMUB
Black Belt Energy Gas District, Gas Project, Series 2026A, due Dec 1, 2034 0.77%
California Community Choice Financing Authority, Clean Energy Project, Series 2026B, due Mar 1, 2036 0.70%
California Health Facilities Financing Authority, Rady Children's Health, Series 2026B-3, due Aug 15, 2065 0.67%
California Community Choice Financing Authority, Clean Energy Project, Series 2026C, due Feb 1, 2036 0.61%
Buckeye Tobacco Settlement Financing Authority, Series 2020B-2, Class 2, due Jun 1, 2055 0.55%
Connecticut State Health and Educational Facilities Authority, Yale New Haven Health Issue, Series 2024C-1, due Jul 1, 2060 0.52%
Puerto Rico Sales Tax Financing Corp. Sales Tax, Series A-2, due Jul 1, 2040 0.51%
California Community Choice Financing Authority, Clean Energy Project, Series 2025E, due Oct 1, 2056 0.49%
Only in SCMB
Commonwealth of Massachusetts, due Nov 1, 2043 0.22%
Gwinnett County School District, due Feb 1, 2030 0.22%
Commonwealth of Pennsylvania, due Mar 1, 2036 0.21%
City of New York, due Aug 1, 2029 0.20%
State of California Department of Water Resources, due Dec 1, 2034 0.19%
State of Washington, due Feb 1, 2039 0.17%
State of California, due Sep 1, 2047 0.17%
New York City Municipal Water Finance Authority, due Jun 15, 2039 0.17%

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On the same fields

JMUB
JPMorgan Municipal ETF
SCMB
Schwab Municipal Bond ETF
Where it sits Bond ETF Bond ETF
What it is Actively managed Tracks an index
Total return, 1 year −2.1% −2.7%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 −19.3 pts −20.0 pts
Expense ratio 0.18% 0.03%
Holdings 2155 6845
Net assets, JMUB as of Oct 9, 2026 and SCMB as of Jun 30, 2026 $8.5bn $4.0bn

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

JMUB in plain words

JMUB is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned −2.1% with distributions reinvested. The prospectus expense ratio is 0.18% a year. It sat 5.0% below its high of Jul 6, 2026 on Oct 9, 2026.

SCMB in plain words

SCMB tracks an index. Over the year to Oct 9, 2026 it returned −2.7% with distributions reinvested. The prospectus expense ratio is 0.03% a year. It sat 5.8% below its high of Jul 6, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, JMUB or SCMB?
In the year to Oct 9, 2026, with distributions reinvested, JMUB returned −2.1% and SCMB −2.7%.
Which is cheaper, JMUB or SCMB?
SCMB is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

ETFIQ, JMUB against SCMB, data as of Oct 9, 2026. https://etfiq.com/compare/any/jmub-vs-scmb

Open data

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