JMSIvsDFCAETF Comparison
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JPMorgan Sustainable Municipal Income ETF (JMSI) belongs to the Multiple Trends segment. Dimensional California Municipal Bond ETF (DFCA) is part of the Municipal Bonds segment. JMSI's top 2 sector exposures are Municipal and Sovereign. In contrast, DFCA's top sector exposures are Municipal. JMSI is more expensive with a Total Expense Ratio (TER) of 0.5%, versus 0.19% for DFCA. JMSI is down -1.67% year-to-date (YTD) with +$48M in YTD flows. DFCA performs better with -0.23% YTD performance, and +$133M in YTD flows. Run a side-by-side ETF comparison of JMSI and DFCA 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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JMSI vs DFCA performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/10/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | JMSI DFCA | -2.38%-1.02% | -2.74%-1.31% | -1.67%-0.23% | +0.20%+1.61% | +9.34%+7.63% | n/an/a |
| Flows | JMSI DFCA | +$3M+$17M | +$8M+$45M | +$48M+$133M | +$75M+$236M | +$160M+$560M | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | JMSI DFCA | +2.89%+1.69% | +2.39%+1.50% | +3.25%+2.28% | n/an/a |
| Max drawdown | JMSI DFCA | -3.30%-1.69% | -3.54%-1.78% | -4.08%-3.58% | n/an/a |
| Max drawdown duration | JMSI DFCA | 66d64d | 193d191d | 270d270d | n/an/a |
Trading data
JMSI | DFCA | |
Last sale 9/10/2026 at 1:30 PM | $48.05 | $48.71 |
| Previous close 09/10/2026 | $48.48 | $48.94 |
| Consolidated volume 09/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 9/10/2026 at 1:30 PM
Live
Closed
JMSI | DFCA | |
|---|---|---|
| Last price | $48.05 | $48.71 |
| 1D performance | -0.88% | -0.46% |
| AuM | $376.78 M | $720.32 M |
| E/R | 0.5% | 0.19% |
Characteristics
JMSI | DFCA | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | J.P. Morgan Asset Management | Dimensional |
| Benchmark | - | - |
| N° of holdings | 102 | 133 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | July 14, 2023 | June 27, 2023 |
| ESG | Yes | No |
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Exposure
Countries
JMSI
USA
37.54%
Other
62.46%
DFCA
USA
36.1%
Other
63.9%
Sectors
JMSI
Municipal
35.09%
Other
64.91%
DFCA
Municipal
36.1%
Other
63.9%
Diversification
JMSI
Total weight of top 15 holdings out of 15
15.65%
DFCA
Total weight of top 15 holdings out of 15
13.43%
Top 15 holdings
Data as of July 31, 2026
JMSI
USA, Bills 0% 11aug2026, USD (119D)
2.45%
US64972GC444
1.69%
US25484JDJ60
1.19%
Texas Water Development Board, 4% 15oct2044, USD (2019A)
1.07%
US650860AZ26
1.05%
US64972GR970
1.03%
Peace River/Manasota Regional Water Supply Authority, 5.25% 1oct2045, USD (2025A)
0.98%
US71783DDS18
0.87%
US161045RK79
0.85%
US13013JHG40
0.79%
US928103BH24
0.78%
US89602HHW07
0.75%
Black Belt Energy Gas District, 5% 1dec2034, USD (2026)
0.74%
US5920983E56
0.72%
City of El Paso, 5% 1mar2041, USD (2026)
0.69%
DFCA
California, 5% 1apr2035, USD
1.53%
US769110DA28
1.32%
US797661G257
1.04%
US072024YF30
0.95%
US544647HM52
0.91%
US797661D510
0.90%
California, 5% 1oct2042, USD
0.88%
California, 5% 1oct2029, USD
0.79%
US013079R2J7
0.77%
US797661F424
0.76%
California, 4% 1nov2036, USD
0.75%
US544647JH40
0.73%
US013079QGW5
0.70%
US013079Q2R1
0.70%
University of California Medical Center, FRN 15may2045, USD
0.70%
Frequently asked questions about JMSI and DFCA
How have the JMSI and DFCA ETFs performed in 2026?
As of September 10, 2026, JMSI is down -1.67% year-to-date (YTD), while DFCA has lost -0.23%. That puts DFCA better performer ahead so far this year.
Which ETF is attracting more investor money: JMSI or DFCA?
Year-to-date, the JMSI ETF saw +$48M in flows, compared to +$133M for DFCA.
Which ETF is more volatile: JMSI or DFCA?
Over the past year, JMSI had a volatility of 2.39%, while DFCA experienced 1.5%.
Which ETF is bigger: JMSI or DFCA?
As of September 10, 2026, JMSI holds $376.78 M in assets under management (AUM), while DFCA manages $720.32 M.
What sectors do the JMSI and DFCA ETFs invest in?
JMSI leans toward sectors like Municipal. Meanwhile, DFCA focuses on Municipal.
What are the top holdings of the JMSI ETF and DFCA ETF?
JMSI top holdings include USA, Bills 0% 11aug2026, USD (119D), US64972GC444 and US25484JDJ60. DFCA holds in its top three: California, 5% 1apr2035, USD, US769110DA28 and US797661G257.
Which ETF is more diversified: JMSI or DFCA?
JMSI holds 298 securities with 15.65% of its assets in the top 15. DFCA has 505 securities and a top 15 weight of 13.43%.
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