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JMSIvsSMBSETF Comparison

ETF 1

JMSI

JPMorgan Sustainable Municipal Income ETF

This fund is part of

Multiple Trends

+0.1%

Full JMSI fund page

VS

ETF 2

SMBS

Schwab Mortgage-Backed Securities ETF

This fund is part of

MBS & ABS

-0.11%

Full SMBS fund page

JPMorgan Sustainable Municipal Income ETF (JMSI) belongs to the Multiple Trends segment. Schwab Mortgage-Backed Securities ETF (SMBS) is part of the MBS & ABS segment. JMSI's top 2 sector exposures are Municipal and Sovereign. In contrast, SMBS's top sector exposures are Industrials, Finance and Government Agencies. JMSI is more expensive with a Total Expense Ratio (TER) of 0.5%, versus 0.03% for SMBS. JMSI is down -1.12% year-to-date (YTD) with +$60M in YTD flows. SMBS performs better with -0.79% YTD performance, and +$849M in YTD flows. Run a side-by-side ETF comparison of JMSI and SMBS 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 SMBS performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/23/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	JMSI SMBS	+1.48%+1.10%	-0.99%-0.59%	-1.12%-0.79%	-0.65%-0.32%	+13.36%n/a	n/an/a
Flows	JMSI SMBS	+$12M+$33M	+$12M+$93M	+$60M+$849M	+$80M+$1.11B	+$172M-	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	JMSI SMBS	+4.97%+5.79%	+3.18%+4.46%	+3.37%n/a	n/an/a
Max drawdown	JMSI SMBS	-5.37%-4.24%	-6.30%-5.12%	-6.30%n/a	n/an/a
Max drawdown duration	JMSI SMBS	71d59d	236d236d	236dn/a	n/an/a

Trading data

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	JMSI	SMBS
Last sale 10/23/2026 at 1:30 PM	$48.37	$24.42
Previous close 10/22/2026	$48.35	$24.47
Consolidated volume 10/22/2026
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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JMSI

is actively managed and doesn’t replicate an index

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	JMSI	SMBS
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/23/2026 at 1:30 PM

Live

Closed

	JMSI	SMBS
Last price	$48.37	$24.42
1D performance	+0.05%	-0.18%
AuM	$389.74 M	$6.41 B
E/R	0.5%	0.03%

Characteristics

	JMSI	SMBS
Management strategy	Active	Passive
Provider	J.P. Morgan Asset Management	Schwab ETFs
Benchmark	-	Bloomberg U.S. MBS Float Adjusted Index
N° of holdings	92	430
Asset class	-	Bonds
Trailing 12m distribution yield	Join	Join
Inception date	July 14, 2023	November 19, 2024
ESG	Yes	No

More JMSI data on Trackinsight

More SMBS data on Trackinsight

Exposure

Countries

JMSI

USA

33.98%

Other

66.02%

SMBS

USA

33.79%

Other

66.21%

Sectors

JMSI

Municipal

32.93%

Other

67.07%

SMBS

Industrials

33.23%

Other

66.77%

Diversification

JMSI

Total weight of top 15 holdings out of 15

15.31%

SMBS

Total weight of top 15 holdings out of 15

5.8%

Top 15 holdings

Data as of August 31, 2026

JMSI

US64972GC444

1.79%

US25484JDJ60

1.26%

US167560YF20

1.18%

US650860AZ26

1.11%

Texas Water Development Board, 4% 15oct2044, USD (2019A)

1.11%

US64972GR970

1.07%

USA, Bills 0% 10sep2026, USD (182D)

1.05%

Peace River/Manasota Regional Water Supply Authority, 5.25% 1oct2045, USD (2025A)

1.03%

US71783DDS18

0.92%

US161045RK79

0.89%

US928103BH24

0.83%

US89602HHW07

0.79%

Black Belt Energy Gas District, 5% 1dec2034, USD (2026)

0.79%

US5920983E56

0.76%

US89602HJB42

0.73%

SMBS

G2 MB0025, 5% 20nov2054, USD (ABS)

0.67%

US31427R6E50

0.59%

FR SD8469, 5.5% 1oct2054, USD (ABS)

0.48%

FR SD8193, 2% 1feb2052, USD (ABS)

0.40%

US31418DYX47

0.40%

FR SD8106, 2% 1nov2050, USD (ABS)

0.36%

US3618N6HU47

0.35%

FR RQ0110, 5% 1apr2056, USD (ABS)

0.34%

FR RQ0102, 5% 1mar2056, USD (ABS)

0.34%

US3132DWDC47

0.33%

FR SD7552, 2.5% 1jan2052, USD (ABS)

0.31%

US31418EQ948

0.31%

US3142J6BK85

0.30%

US3132DWAN39

0.30%

US3618N6NA19

0.30%

Frequently asked questions about JMSI and SMBS

How have the JMSI and SMBS ETFs performed in 2026?

As of October 23, 2026, JMSI is down -1.12% year-to-date (YTD), while SMBS has lost -0.79%. That puts SMBS better performer ahead so far this year.

Which ETF is attracting more investor money: JMSI or SMBS?

Year-to-date, the JMSI ETF saw +$60M in flows, compared to +$849M for SMBS.

Which ETF is more volatile: JMSI or SMBS?

Over the past year, JMSI had a volatility of 3.18%, while SMBS experienced 4.46%.

Which ETF is bigger: JMSI or SMBS?

As of October 23, 2026, JMSI holds $389.74 M in assets under management (AUM), while SMBS manages $6.41 B.

What sectors do the JMSI and SMBS ETFs invest in?

JMSI leans toward sectors like Municipal. Meanwhile, SMBS focuses on Industrials.

What are the top holdings of the JMSI ETF and SMBS ETF?

JMSI top holdings include US64972GC444, US25484JDJ60 and US167560YF20. SMBS holds in its top three: G2 MB0025, 5% 20nov2054, USD (ABS), US31427R6E50 and FR SD8469, 5.5% 1oct2054, USD (ABS).

JMSIvsSMBSETF Comparison

JPMorgan Sustainable Municipal Income ETF

Schwab Mortgage-Backed Securities ETF

JMSI vs SMBS performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the JMSI and SMBS ETFs performed in 2026?

As of October 23, 2026, JMSI is down -1.12% year-to-date (YTD), while SMBS has lost -0.79%. That puts SMBS better performer ahead so far this year.

Which ETF is attracting more investor money: JMSI or SMBS?

Year-to-date, the JMSI ETF saw +$60M in flows, compared to +$849M for SMBS.

Which ETF is more volatile: JMSI or SMBS?

Over the past year, JMSI had a volatility of 3.18%, while SMBS experienced 4.46%.

Which ETF is bigger: JMSI or SMBS?

As of October 23, 2026, JMSI holds $389.74 M in assets under management (AUM), while SMBS manages $6.41 B.

What sectors do the JMSI and SMBS ETFs invest in?

JMSI leans toward sectors like Municipal. Meanwhile, SMBS focuses on Industrials.

What are the top holdings of the JMSI ETF and SMBS ETF?

JMSI top holdings include US64972GC444, US25484JDJ60 and US167560YF20. SMBS holds in its top three: G2 MB0025, 5% 20nov2054, USD (ABS), US31427R6E50 and FR SD8469, 5.5% 1oct2054, USD (ABS).

Which ETF is more diversified: JMSI or SMBS?

JMSI holds 287 securities with 15.31% of its assets in the top 15. SMBS has 1965 securities and a top 15 weight of 5.8%.

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