JMST vs TAXS
JPMorgan Ultra-Short Municipal Income ETF against Northern Trust Short-Term Tax-Exempt Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Fee gap
13 bp
TAXS is cheaper
1-year return gap
0.6 pts
JMST is ahead
Larger fund
JMST
$7.7B
Side by side
| JMST | TAXS | |
|---|---|---|
| Fund | JPMorgan Ultra-Short Municipal Income ETF | Northern Trust Short-Term Tax-Exempt Bond ETF |
| Issuer | JPMorgan | Northern Trust FlexShares |
| Category | Short Muni | Short Muni |
| Expense ratio | 0.18% | 0.05% |
| Assets | $7.7B | $118M |
| Average daily dollar volume | $82M | $1.3M |
| Listed | Oct 16, 2018 | Aug 18, 2025 |
| FrenzyCap score | 89 | 69 |
| 1-month return | −0.3% | −0.6% |
| 3-month return | −0.6% | −1.5% |
| Year to date | −0.7% | −1.7% |
| 1-year return | −0.6% | −1.2% |
| 30-day volatility | 1.1% | 2.3% |
| Worst drawdown, 1 year | −1.2% | −3.0% |
| Trailing 12-month yield | 2.57% | 2.42% |
| Holdings | 1,892 | 1,531 |
| Top 10 weight | 6.6% | 2.4% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$212M thru May 2026 | +$33M thru Jun 2026 |
| 30-day implied volatility | 9.9% | — |
| Holdings as of | as of May 31, 2026SEC filing | 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.
More: full overlap table · JMST holdings · TAXS 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.