JMST vs MMSD
JPMorgan Ultra-Short Municipal Income ETF against NYLIM MacKay Muni Short Duration ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
1%
6 shared positions
Fee gap
7 bp
JMST is cheaper
1-year return gap
1.8 pts
JMST is ahead
Larger fund
JMST
$8.0B
Side by side
| JMST | MMSD | |
|---|---|---|
| Fund | JPMorgan Ultra-Short Municipal Income ETF | NYLIM MacKay Muni Short Duration ETF |
| Issuer | JPMorgan | New York Life |
| Category | Short Muni | Short Muni |
| Expense ratio | 0.18% | 0.25% |
| Assets | $8.0B | $78M |
| Average daily dollar volume | $95M | $458K |
| Listed | Oct 16, 2018 | May 5, 2025 |
| FrenzyCap score | 90 | 49 |
| 1-month return | +0.1% | +0.0% |
| 3-month return | −0.2% | −1.0% |
| Year to date | −0.3% | −1.7% |
| 1-year return | −0.3% | −2.1% |
| 30-day volatility | 1.0% | 2.9% |
| Worst drawdown, 1 year | −1.2% | −4.0% |
| Trailing 12-month yield | 2.56% | 3.58% |
| Holdings | 2,003 | 156 |
| Top 10 weight | 6.3% | 14.1% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$212M thru May 2026 | +$16M thru Jul 2026 |
| 30-day implied volatility | 4.3% | — |
| Holdings as of | as of Oct 21, 2026issuer data | as of Jul 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
1% of JMST · 4% of MMSD| Holding | JMST | MMSD |
|---|---|---|
| BLACK BELT 5% 12/31, due Dec 1, 2031 | 0.30% | 0.67% |
| COLORADO HEALTH VAR 11/60, due Nov 15, 2060 | 0.17% | 0.34% |
| BUCKEYE OHIO TOB 5% 06/32, due Jun 1, 2032 | 0.06% | 1.37% |
| ADAMS & 5.5% 12/26, due Dec 1, 2026 | 0.05% | 0.39% |
| INDIANA FIN VAR 10/64, due Oct 1, 2064 | 0.04% | 0.34% |
| ILLINOIS ST GO 5% 11/27, due Nov 1, 2027 | 0.02% | 0.66% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · JMST holdings · MMSD holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.