JMST vs STAX
JPMorgan Ultra-Short Municipal Income ETF against Nomura Tax-Free USA Short Term ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
0%
4 shared positions
Fee gap
11 bp
JMST is cheaper
1-year return gap
2.0 pts
JMST is ahead
Larger fund
JMST
$8.0B
Side by side
| JMST | STAX | |
|---|---|---|
| Fund | JPMorgan Ultra-Short Municipal Income ETF | Nomura Tax-Free USA Short Term ETF |
| Issuer | JPMorgan | Nomura |
| Category | Short Muni | Short Muni |
| Expense ratio | 0.18% | 0.29% |
| Assets | $8.0B | $13M |
| Average daily dollar volume | $95M | $111K |
| Listed | Oct 16, 2018 | Nov 28, 2023 |
| FrenzyCap score | 90 | 35 |
| 1-month return | +0.1% | −0.1% |
| 3-month return | −0.2% | −1.3% |
| Year to date | −0.3% | −2.0% |
| 1-year return | −0.3% | −2.4% |
| 30-day volatility | 1.0% | 3.1% |
| Worst drawdown, 1 year | −1.2% | −4.2% |
| Trailing 12-month yield | 2.56% | 3.18% |
| Holdings | 2,003 | 96 |
| Top 10 weight | 6.3% | 18.1% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$212M thru May 2026 | +$7.0M thru Jun 2026 |
| 30-day implied volatility | 4.3% | — |
| Holdings as of | as of Oct 21, 2026issuer data | as of Jun 30, 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
0% of JMST · 5% of STAX| Holding | JMST | STAX |
|---|---|---|
| UNIVERSITY COLO VAR 11/39, due Nov 15, 2039 | 0.31% | 1.87% |
| MINNEAPOLIS VAR 11/53, due Nov 15, 2053 | 0.08% | 1.49% |
| ILLINOIS ST GO 5% 03/30, due Mar 1, 2030 | 0.01% | 0.52% |
| NEW JERSEY ST 5% 06/29, due Jun 1, 2029 | 0.00% | 1.60% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · JMST holdings · STAX 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.