JMUB vs VCRM: Differences, Returns & Fees

JMUB's duration was 6.2 years on May 31, 2026 and VCRM's 7.7 on Jul 31, 2026; VCRM charges 0.12% to JMUB's 0.18%. Net assets: $8.5bn on Oct 9, 2026 for JPMorgan Municipal ETF, and $2.2bn on Sep 30, 2026 for Vanguard Core Tax-Exempt Bond ETF.

VCRM costs 0.06 points a year less; their one-year returns differ by 0.9 points.

JMUBVCRM
Expense ratio0.18%0.12%
Net assets, JMUB as of Oct 9, 2026 and VCRM as of Sep 30, 2026$8.5bn$2.2bn
Total return, 1 year−2.1%−1.2%
What it tracksNo index, actively managedNo index, actively managed
Holdings in common5%
Below its high5.0%, high on Jul 6, 20265.2%, high on Jul 2, 2026

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

−2.1%
JMUB total return, 1 year
−1.2%
VCRM total return, 1 year
0.18%
JMUB expense ratio
0.12%
VCRM expense ratio

What they hold in common

By the books each fund has filed, JMUB and VCRM hold 5% 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.

half

5% in common

Positions both hold, largest shared weight first
Holding JMUB VCRM
Black Belt Energy Gas District, Gas Project, Series 2026A, due Dec 1, 2034 0.77% 0.48%
Lower Alabama Gas District (The), Gas Project, Series 2025A, due Dec 1, 2033 0.31% 0.34%
Southern California Public Power Authority, Series 2026A, due Nov 1, 2033 0.27% 0.29%
PEFA, Inc., Gas Project, Series 2026A, due Apr 1, 2035 0.23% 0.47%
Kentucky Public Energy Authority, Gas Supply, Series 2025B, due Dec 1, 2033 0.20% 0.23%
Black Belt Energy Gas District, Gas Project, Series 2024B, due Oct 1, 2055 0.16% 0.64%
New York City Transitional Finance Authority Future Tax Secured Fiscal Year 2026, Series 2026B, due May 1, 2051 0.12% 0.23%
California Community Choice Financing Authority, Clean Energy Project, Series 2026C, due Feb 1, 2036 0.61% 0.12%
Grand Parkway Transportation Corp., Grand Parkway System Subordinate Tier, Series 2018A, due Oct 1, 2043 0.11% 0.41%
Black Belt Energy Gas District, Gas Project, Series 2022B-1, due Apr 1, 2053 0.11% 0.13%
Pennsylvania Housing Finance Agency, Series 2026-153A, due Oct 1, 2056 0.11% 0.08%
Southeast Energy Authority A Cooperative District, Series 2025A, due Jan 1, 2056 0.08% 0.33%
Only in JMUB
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%
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%
County of Utah, IHC Health Services, Inc., Series 2018C, due May 15, 2058 0.45%
Long Island Power Authority, Electric System, Series 2024B, due Sep 1, 2049 0.43%
Only in VCRM
UNIVERSITY CINCINNATI OHIO GEN GEN RCPTS BDS 2017 A, due Jun 1, 2045 0.84%
BLACK BELT GAS DT-B, due Oct 1, 2035 0.75%
MASSACHUSETTS ST-A, due Jun 1, 2047 0.67%
KY PUB ENERGY -A-1, due Aug 1, 2052 0.56%
CHICAGO IL O'HARE INT, due Jan 1, 2047 0.56%
JEFFERSON SALES TAX-B, due Dec 1, 2042 0.55%
TEXAS DEPT HSG-B, due Jan 1, 2057 0.46%
PUB FIN AUTH-1, due Jul 1, 2062 0.44%

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On the same fields

JMUB
JPMorgan Municipal ETF
VCRM
Vanguard Core Tax-Exempt Bond ETF
Where it sits Bond ETF Bond ETF
What it is Actively managed Actively managed
Total return, 1 year −2.1% −1.2%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 −19.3 pts −18.5 pts
Expense ratio 0.18% 0.12%
Holdings 2155 2387
Net assets, JMUB as of Oct 9, 2026 and VCRM as of Sep 30, 2026 $8.5bn $2.2bn

JMUB and VCRM 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.

VCRM in plain words

VCRM is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned −1.2% with distributions reinvested. The prospectus expense ratio is 0.12% a year. It sat 5.2% below its high of Jul 2, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, JMUB or VCRM?
In the year to Oct 9, 2026, with distributions reinvested, JMUB returned −2.1% and VCRM −1.2%.
Which is cheaper, JMUB or VCRM?
VCRM is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

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

Open data

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