IBMXvsJMSTETF Comparison
VS
iShares iBonds Dec 2035 Term Muni Bond ETF (IBMX) and JPMorgan Ultra-Short Municipal Income ETF (JMST) belong to the same industry segment: Municipal Bonds. IBMX's top 2 sector exposures are Municipal and Non-Corporate. In contrast, JMST's top sector exposures are Municipal and Sovereign. IBMX is less expensive with a Total Expense Ratio (TER) of 0.1%, versus 0.18% for JMST. Run a side-by-side ETF comparison of IBMX and JMST below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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IBMX vs JMST performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/27/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | IBMX JMST | +5.98%+0.97% | +0.19%+0.67% | n/a+1.90% | n/a+2.45% | n/a+10.20% | n/a+12.84% |
| Flows | IBMX JMST | +$9M+$641M | +$14M+$1.18B | -+$1.90B | -+$3.14B | -+$5.77B | -+$6.04B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | IBMX JMST | +6.52%+0.77% | n/a+0.49% | n/a+0.44% | n/a+0.46% |
| Max drawdown | IBMX JMST | -6.47%-0.60% | n/a-0.60% | n/a-0.60% | n/a-0.92% |
| Max drawdown duration | IBMX JMST | 75d45d | n/a45d | n/a45d | n/a337d |
Trading data
IBMX | JMST | |
Last sale 10/28/2026 at 1:30 PM | $24.42 | |
| Previous close 10/27/2026 | $24.43 | |
| Consolidated volume 10/27/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
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JMST
is actively managed and doesn’t replicate an indexIBMX | JMST | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/28/2026 at 1:30 PM
Live
Closed
IBMX | JMST | |
|---|---|---|
| Last price | $24.42 | – |
| 1D performance | -0.04% | – |
| AuM | $19.53 M | $8.28 B |
| E/R | 0.1% | 0.18% |
Characteristics
IBMX | JMST | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | iShares | J.P. Morgan Asset Management |
| Benchmark | S&P AMT-Free Municipal Series Callable-Adjusted 2035 Index | - |
| N° of holdings | 27 | 483 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 14, 2026 | October 16, 2018 |
| ESG | No | No |
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Exposure
Countries
IBMX
USA
24.23%
Other
75.77%
JMST
USA
25.31%
Other
74.69%
Sectors
IBMX
Municipal
23.77%
Other
76.23%
JMST
Municipal
24.23%
Other
75.77%
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Diversification
IBMX
Total weight of top 15 holdings out of 15
23.03%
JMST
Total weight of top 15 holdings out of 15
11.08%
Top 15 holdings
Data as of August 31, 2026
IBMX
California, 5% 1oct2035, USD
2.46%
University of Texas, 5% 15aug2036, USD (2025B)
2.01%
Massachusetts Development Finance Agency, 5% 15may2055, USD (2025A-2)
1.86%
US677523RD66
1.77%
US546585XM77
1.49%
University of California, 5% 15may2038, USD (2025)
1.46%
Maryland, 5% 1jun2039, USD (2025)
1.44%
Greater Chicago Metropolitan Water Reclamation District, 5.25% 1dec2035, USD
1.42%
US041431YV32
1.40%
US64990KHR77
1.38%
US438687N683
1.30%
US46613SSM34
1.29%
US29270C5S06
1.28%
Los Angeles Unified School District, 5% 1jul2039, USD (2024QRR)
1.26%
Texas Transportation Commission, 5% 1oct2036, USD (2025)
1.21%
JMST
USA, Bills 0% 10sep2026, USD (182D)
1.08%
US64972GZB30
0.97%
US93974FDR10
0.85%
US01170PBW59
0.80%
US60412A2K82
0.74%
US424092HZ03
0.71%
US644894QC44
0.68%
US6492284K61
0.68%
US57421CHW73
0.67%
US9788624C19
0.67%
US650860AZ26
0.66%
US543077YT22
0.66%
US083773EE76
0.64%
US87638TEH23
0.64%
District of Columbia, FRN 1jun2051, USD (2026C)
0.63%
Frequently asked questions about IBMX and JMST
Which ETF is bigger: IBMX or JMST?
As of October 27, 2026, IBMX holds $19.53 M in assets under management (AUM), while JMST manages $8.28 B.
What sectors do the IBMX and JMST ETFs invest in?
IBMX leans toward sectors like Municipal. Meanwhile, JMST focuses on Municipal.
What are the top holdings of the IBMX ETF and JMST ETF?
IBMX top holdings include California, 5% 1oct2035, USD, University of Texas, 5% 15aug2036, USD (2025B) and Massachusetts Development Finance Agency, 5% 15may2055, USD (2025A-2). JMST holds in its top three: USA, Bills 0% 10sep2026, USD (182D), US64972GZB30 and US93974FDR10.
Which ETF is more diversified: IBMX or JMST?
IBMX holds 160 securities with 23.03% of its assets in the top 15. JMST has 1542 securities and a top 15 weight of 11.08%.
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