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JMST · JPMorgan Ultra-Short Municipal Income ETF

Bond fundActively managed0.18% fee$7.7bnSince Oct 18, 2018
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JMST is actively managed and returned +1.9% over the past year.

+1.9%
Total return, 1 year
0.18%
Expense ratio
1799
Holdings
−0.4%
Below its high
WindowTotal returnS&P 500Gap to S&P 500Gap to Nasdaq-100
3M Jul 2 – Oct 2, 2026−0.1%+3.6%−3.7 pts−5.4 pts
6M Apr 2 – Oct 2, 2026+0.6%+17.9%−17.4 pts−27.8 pts
1Y Oct 2, 2025 – Oct 2, 2026+1.9%+16.2%−14.4 pts−22.4 pts
3Y Oct 3, 2023 – Oct 2, 2026+9.8%+89.3%−79.5 pts−104.9 pts
Since listing Oct 18, 2018 – Oct 2, 2026+17.7%+214.1%−196.4 pts−338.0 pts

JMST over each window to Oct 2, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.

Head to head
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In plain words

JMST is actively managed and tracks no index. Over the year to Oct 2, 2026 it returned +1.9% with distributions reinvested, against +16.2% for the S&P 500 and +24.3% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year.
What it tracksNo index, actively managed
Fund typeBond fund
Category (ETFIQ)Bonds · Municipal, national, short
Expense ratio (485BPOS XBRL, Jun 23, 2026)0.18%
Price$50.56
Listed sinceOct 18, 2018
Net assets (issuer page, as of Oct 2, 2026)$7.7bn
Below its high (ETFIQ)−0.4%
Holdings1799
Top ten weight9.1%
Holdings as of (SEC N-PORT)May 31, 2026
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Questions people ask about JMST

How has JMST performed?
Over the year to Oct 2, 2026, JMST returned +1.9% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is +9.8%.
What does JMST cost?
The prospectus expense ratio is 0.18% a year.
How far is JMST below its high?
0.4% below its high of Sep 3, 2026, measured on the reinvested series to Oct 2, 2026.
Sources and dates
Prices, JMST and S&P 500Tiingo end-of-day · Oct 2, 2026
Fee, 0.18%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $7.7bnIssuer page · Oct 2, 2026
SourceHoldings filing (SEC Form N-PORT) ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ETFIQ covers core, leveraged and inverse, buffer, thematic, option-income, alternatives and spot crypto ETFs. This fund is here because the other funds here are measured against it and portfolios hold it. ETFIQ is an independent publisher and makes no recommendations. Standards and sources

How these figures are computed →Standards and sources →Open data →
Cite this page

ETFIQ, JMST, core fund, data as of Oct 2, 2026. https://etfiq.com/funds/jmst

Free to use with attribution; the underlying files are at Open data.

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