JPMorgan Ultra-Short Municipal Income ETFJMST

J.P. MorganBonds & CashUltra-Short#168 of 785 by YTD

$50.85

+0.1% last session

+1.9% YTD

Data as of 11/3/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 3, 2026JMSTS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.1%	+0.8%	+0.7%	+1.9%	+2.7%	+10.3%	+12.9%	+18.7%
Peer average	0.0%	+0.5%	+16,261.1%	+2.8%	+3.5%	+15.5%	+18.4%	—
S&P 500 · VOO	+0.3%	−2.6%	−1.7%	+11.5%	+11.9%	+90.9%	+77.5%	—

Key Statistics

Open all fund facts →

AUM: $8.4B
Expense ratio: 0.18%
Distribution yield: 2.5%
NAV: $50.81
Volume: 1.5M
Avg. volume 30D: 2.0M
High today: $50.86
Low today: $50.81
Previous close: $50.81
52-week high: $51.13
52-week low: $50.46
Our risk indicator: 2/5

JMST in One Breath

JMST Among Ultra-Short ETFs

YTD

#1FUSIAmerican Century+4.1%$73.2M

#2RBILF/m+3.9%$175M

#3MINTPIMCO+3.5%$18.3B

#4TUSBThrivent+3.4%$200M

#5GMOCGMO+3.4%$30.0M

#6PULSPGIM+3.3%$19.6B

#7TUSITouchstone+3.3%$753M

#8BUXXStrive+3.3%$544M

#45JMSTJ.P. Morgan+1.9%$8.4B

End-of-day Nov 4, 2026 · 50 Ultra-short ETFs by YTD

$10,000 in JMST

$10,000 in JMST became

$11,295

In the S&P 500 (VOO)

$17,749

Total return, dividends in · Oct 26, 2021 – Nov 3, 2026 · S&P 500 uses VOO

JMST’s Top Holdings

Today

JPMI TAX FREE Jpmi Tax Free Mmktf Im11.0%CASH1.7%NEW YORK N Y0.8%MARYLAND ST 0.8%NEW JERSEY S0.7%WICHITA KANS0.7%ALASKA HSG F0.6%COLORADO HEA0.6%MINNESOTA ST0.6%HEMPSTEAD N 0.6%NEW HARTFORD0.5%NEW WINDSOR 0.5%NEWBURGH N Y0.5%LONGMEADOW M0.5%TARRANT CNTY0.5%TARRANT CNTY0.5%BERGEN CNTY 0.5%DISTRICT VAR0.5%HAMILTON CNT0.5%NEW YORK N Y0.5%NEW YORK N Y0.5%HOUST

J.P. Morgan JMST · 1,965 holdings · top 22 shown · tile size = share of the fund · as of Nov 3, 2026

What JMST Holds

Today

All holdings100.0%

JPMI TAX F 11.0 · CASH 1.7 · NEW YORK N · MARYLAND S · NEW JERSEY · WICHITA KA · ALASKA HSG

J.P. Morgan JMST · share of the fund · as of Nov 3, 2026

Jpmi’s Share of JMST

Today

11.0%

$110 of every $1,000 in JMST is Jpmi

Jpmi held by JMST

$926M

J.P. Morgan JMST · each square = $10 of $1,000 · as of Nov 3, 2026

JMST’s Share of Ultra-Short ETFs

Today

5.5%

of the $152B in 56 Ultra-short ETFs

JMST$8.4B5.5%

JPST$42.4B27.9%

PULS$19.6B12.9%

53 others$81.7B53.7%

Ultra-short ETF AUM · Nov 4, 2026

JMST Fee per $100 vs Peers

Today

$0.18a year
per $100

$18 a year on $10,000

ICSH$0.08

VUSB$0.10

PULS$0.15

JMST$0.18

JPST$0.18

MINT$0.36

Expense ratio · Ultra-short peers · Nov 4, 2026

Inside JMST

1,965 holdings · as of Nov 3, 2026

JMST

JPMorgan Ultra-Short Municipal Income ETF

Today

All holdings100.0%Jpmi TAX F11.0%CASH1,951 more holdings79.8% of the fund

All holdings100.0%Jpmi TAX F11.0%CASH1,959 more holdings84.3% of the fund

#	Ticker	Company	Weight ▼
1	—	Jpmi TAX Free Mmktf IM	11.02%
2	CASH	CASH	1.71%
3	—	NEW York N Y VAR 06/45	0.77%
4	—	Maryland ST VAR 07/55	0.77%
5	—	NEW Jersey ST 5% 06/29	0.71%
6	—	Wichita Kans GEN 5% 10/27	0.67%
7	—	Alaska HSG FIN VAR 12/41	0.64%
8	—	Colorado Health VAR 05/64	0.63%
9	—	Minnesota ST GEN 5% 08/27	0.59%
10	—	Hempstead N Y UN 4% 07/27	0.56%

J.P. Morgan JMST · current holdings by weight · as of Nov 3, 2026 · each tile is one holding · top 20 = 23.2%

How It Compares

JMST

JPMorgan Ultra-Short Municipal Income ETF’s Peers

YTD


JPST	J.P. MorganRead Desk	0.18%	+2.8%	+3.5%	$42.4B
PULS	PGIMRead Desk	0.15%	+3.3%	+4.1%	$19.6B
MINT	PIMCORead Desk	0.36%	+3.5%	+4.3%	$18.3B
VUSB	VanguardRead Desk	0.10%	+2.8%	+3.7%	$9.9B
ICSH	iSharesRead Desk	0.08%	+2.9%	+3.7%	$8.9B
JMST	J.P. MorganThis fundRead Desk	0.18%	+1.9%	+2.7%	$8.4B

Ultra-short peers · YTD and past-year returns · as of Nov 4, 2026 · sorted by AUM

Head to Head

Put JMST head to head with JPST →

JPST vs JMST

YTD

JPSTJ.P. Morgan · Ultra-shortJMSTJ.P. Morgan · Ultra-short

Year to date

+2.8%

+1.9%

JPST wins+0.8 pts

Past year

+3.5%

+2.7%

JPST wins+0.8 pts

Fee

0.18%

Level

Yield

4.1%

2.5%

JPST wins+1.6 pts

AUM

$42.4B

$8.4B

JPST5.0× more

3–0JPST wins

J.P. Morgan JPST and J.P. Morgan JMST · year-to-date · as of Nov 4, 2026 · AUM not scored

JMST vs VOO

YTD

JMST · JPMorgan Ultra-Short Municipal Income

+1.9%

VOO · S&P 500

+11.5%

Gap

9.6 pts

J.P. Morgan JMST and Vanguard VOO · YTD total return · as of Nov 4, 2026

JMST vs Its Peer Average

YTD

JMSTAvsBPeer average

1D+0.1%0.0%

1M+0.8%+0.5%

3M+0.7%+16261.1%

YTD+1.9%+2.8%

1Y+2.7%+3.5%

3Y+10.3%+15.5%

5Y+12.9%+18.4%

2–5Peer average wins

55 Ultra-short peers · each row scaled to its leader

The Details

JMST

Risk

2/5our risk indicator

CalmerBumpier

Volatility · 1Y0.69%

Deepest drop · 1Y−0.6%

Lowest point · 5Y−1.0%

52-week range

$50.85

$50.46−0.5% from the high$51.13

J.P. Morgan JMST · past-year price moves · as of Nov 4, 2026

JMST

Fund Facts

Today

2018launched Oct 16

Tracks[…]

Exchange · CUSIPAMEX · 46641Q654

StructureETF

Leverage1x

Cost on $10,000$18 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

J.P. Morgan JMST · fund facts · as of Nov 4, 2026

JMST

Payouts by Year

$0.10per share, Nov 2026

Distribution yield2.5%

PaidEvery month

Latest ex-date · paidNov 2 · Nov 4, 2026

12 payouts added up$1.30 a share

J.P. Morgan JMST · distributions by ex-date · 2021–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-08-31 ↗SEC reported portfolio · 2026-05-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2026-02-28 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-11-30 ↗SEC reported portfolio · 2025-08-31 ↗SEC reported portfolio · 2025-05-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-02-28 ↗

Trading & Liquidity

Net asset value$50.81

Premium / discount[…]

Median spread · 30D[…]

Volume today1.5M

Average volume · 30D2.0M

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.18%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$18.00

Our risk indicator2/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Nov 2, 2026	Nov 4, 2026	$0.10
Oct 1, 2026	Oct 5, 2026	$0.11
Sep 1, 2026	Sep 3, 2026	$0.10
Aug 3, 2026	Aug 5, 2026	$0.11
Jul 1, 2026	Jul 6, 2026	$0.11
Jun 1, 2026	Jun 3, 2026	$0.10
May 1, 2026	May 5, 2026	$0.12
Apr 1, 2026	Apr 6, 2026	$0.10
Mar 2, 2026	Mar 4, 2026	$0.12
Feb 2, 2026	Feb 4, 2026	$0.0970
Dec 31, 2025	Jan 5, 2026	$0.11
Dec 1, 2025	Dec 3, 2025	$0.12

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