JMST vs PVI

JPMorgan Ultra-Short Municipal Income ETF against Invesco Floating Rate Municipal Income ETF: cost, size, returns, what they hold and how much of it is the same.

Overlap by weight

15 shared positions

Fee gap

7 bp

JMST is cheaper

1-year return gap

0.7 pts

PVI is ahead

Larger fund

JMST

$8.0B

Side by side

	JMST	PVI
Fund	JPMorgan Ultra-Short Municipal Income ETF	Invesco Floating Rate Municipal Income ETF
Issuer	JPMorgan	Invesco
Category	Short Muni	Short Muni
Expense ratio	0.18%	0.25%
Assets	$8.0B	$34M
Average daily dollar volume	$95M	$261K
Listed	Oct 16, 2018	Nov 15, 2007
FrenzyCap score	90	45
1-month return	+0.1%	+0.2%
3-month return	−0.2%	+0.4%
Year to date	−0.3%	−0.1%
1-year return	−0.3%	+0.4%
30-day volatility	1.0%	2.7%
Worst drawdown, 1 year	−1.2%	−0.9%
Trailing 12-month yield	2.56%	2.19%
Holdings	2,003	175
Top 10 weight	6.3%	23.0%
Look-through P/E	—	—
Holdings vs fair value	—	—
Holdings above 200-day average	—	—
Net flow, latest 3 reported months	+$212M thru May 2026	−$1.2M thru May 2026
30-day implied volatility	4.3%	—
Holdings as of	as of Oct 21, 2026issuer data	as of Oct 20, 2026issuer data

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

5% of JMST · 12% of PVI

Holding	JMST	PVI
HOUUTL	0.50%	1.44%
MASDEV	0.50%	0.57%
NYCGEN	0.50%	1.15%
PASTRN	0.47%	0.58%
NYCUTL	0.43%	3.95%
MDSMED	0.56%	0.43%
CSPUTL	0.40%	0.85%
SANWTR	0.41%	0.29%
COSMED	0.31%	0.29%
UCOMED	0.31%	0.29%
NYSHSG	0.27%	0.29%
NCSHSG	0.19%	0.29%
OHSHGR	0.19%	0.29%
INSPWR	0.18%	0.29%
LASGEN	0.07%	0.65%

Sector mix of the stock holdings

No sector breakdown: these funds hold few classified stocks.

More: full overlap table · JMST holdings · PVI 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.