JHMUvsTAFMETF Comparison
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John Hancock Dynamic Municipal Bond ETF (JHMU) and AB Tax-Aware Intermediate Municipal ETF (TAFM) belong to the same industry segment: Municipal Bonds. JHMU's top 1 sector exposures are Municipal. In contrast, TAFM's top sector exposures are Municipal and Industrials. JHMU is more expensive with a Total Expense Ratio (TER) of 1.01%, versus 0.28% for TAFM. JHMU is down -1.62% year-to-date (YTD) with +$54M in YTD flows. TAFM performs worse with -1.88% YTD performance, and +$650M in YTD flows. Run a side-by-side ETF comparison of JHMU and TAFM 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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JHMU vs TAFM performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | JHMU TAFM | -0.23%-0.42% | -3.06%-3.59% | -1.62%-1.88% | -0.96%-1.37% | n/an/a | n/an/a |
| Flows | JHMU TAFM | +$50M+$286M | +$51M+$420M | +$54M+$650M | +$63M+$724M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | JHMU TAFM | +4.89%+5.25% | +3.11%+3.27% | n/an/a | n/an/a |
| Max drawdown | JHMU TAFM | -5.48%-6.00% | -6.15%-6.61% | n/an/a | n/an/a |
| Max drawdown duration | JHMU TAFM | 92d92d | 102d102d | n/an/a | n/an/a |
Trading data
JHMU | TAFM | |
Last sale 10/16/2026 at 1:30 PM | $25.10 | $24.29 |
| Previous close 10/15/2026 | $25.07 | $24.23 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
JHMU | TAFM | |
|---|---|---|
| Last price | $25.10 | $24.29 |
| 1D performance | +0.13% | +0.25% |
| AuM | $93.43 M | $1.07 B |
| E/R | 1.01% | 0.28% |
Characteristics
JHMU | TAFM | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | John Hancock Investments | AllianceBernstein |
| Benchmark | - | - |
| N° of holdings | 46 | 253 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 31, 2023 | December 13, 2023 |
| ESG | No | No |
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Exposure
Countries
JHMU
USA
39.44%
Other
60.56%
TAFM
USA
41.1%
Other
58.9%
Sectors
JHMU
Municipal
39.44%
Other
60.56%
TAFM
Municipal
40.89%
Other
59.11%
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Diversification
JHMU
Total weight of top 15 holdings out of 15
16.67%
TAFM
Total weight of top 15 holdings out of 15
7.34%
Top 15 holdings
Data as of August 31, 2026
JHMU
US735389P517
1.73%
Black Belt Energy Gas District, 5% 1dec2034, USD (2026)
1.71%
US34061UEX28
1.66%
Indiana Finance Authority, 3% 1nov2030, USD (2010A)
1.61%
US64579RDU86
0.92%
Connecticut Health and Educational Facilities Authority, 5% 1jul2036, USD
0.91%
Utility Debt Securitization Authority, 5% 15dec2041, USD (2025TE-2)
0.91%
US7436003H96
0.91%
US45130ABK07
0.90%
Maricopa Industrial Development Authority, 5% 1jan2038, USD (2026D)
0.90%
US57421CLQ59
0.90%
US79467BKC80
0.90%
US79467BKA25
0.90%
US091096PZ48
0.90%
US795576LT29
0.90%
TAFM
Idaho, 4% 30jun2027, USD (2026)
0.67%
US915260FV02
0.66%
Maryland Economic Development Corp., 5.25% 30jun2055, USD (2022B)
0.57%
California Community Choice Financing Authority, 5% 1apr2056, USD (2026A-1)
0.49%
Kentucky Public Energy Authority, 5% 1may2036, USD (2025)
0.48%
Chicago Transit Authority, 5% 1dec2049, USD (2024A)
0.47%
US7485082P22
0.47%
New York Transitional Finance Authority, 5.25% 1may2055, USD (2026)
0.47%
US646140KU60
0.47%
US04780M7G87
0.46%
Wisconsin Public Finance Authority, 6.5% 30jun2060, USD (2025)
0.45%
California Community Choice Financing Authority, 5% 1aug2055, USD (2024C)
0.44%
US544446AS64
0.42%
Vail, 5.5% 1dec2064, USD (2025)
0.42%
New York Transportation Development Corp., 6% 30jun2059, USD (2025)
0.41%
Frequently asked questions about JHMU and TAFM
How have the JHMU and TAFM ETFs performed in 2026?
As of October 16, 2026, JHMU is down -1.62% year-to-date (YTD), while TAFM has lost -1.88%. That puts JHMU better performer ahead so far this year.
Which ETF is attracting more investor money: JHMU or TAFM?
Year-to-date, the JHMU ETF saw +$54M in flows, compared to +$650M for TAFM.
Which ETF is more volatile: JHMU or TAFM?
Over the past year, JHMU had a volatility of 3.11%, while TAFM experienced 3.27%.
Which ETF is bigger: JHMU or TAFM?
As of October 16, 2026, JHMU holds $93.43 M in assets under management (AUM), while TAFM manages $1.07 B.
What sectors do the JHMU and TAFM ETFs invest in?
JHMU leans toward sectors like Municipal. Meanwhile, TAFM focuses on Municipal.
What are the top holdings of the JHMU ETF and TAFM ETF?
JHMU top holdings include US735389P517, Black Belt Energy Gas District, 5% 1dec2034, USD (2026) and US34061UEX28. TAFM holds in its top three: Idaho, 4% 30jun2027, USD (2026), US915260FV02 and Maryland Economic Development Corp., 5.25% 30jun2055, USD (2022B).
Which ETF is more diversified: JHMU or TAFM?
JHMU holds 116 securities with 16.67% of its assets in the top 15. TAFM has 667 securities and a top 15 weight of 7.34%.
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