JPMorgan Ultra-Short Municipal Income ETFJMST

J.P. MorganBonds & CashUltra-Short#172 of 786 by YTD

$50.92

+0.1% last session

+2.1% YTD

Data as of 11/5/20264:00 PM ET · End-of-day

Dividend-adjusted total return · S&P 500 uses VOO · Oct 18, 2018 – Nov 5, 2026JMSTS&P 500 · VOO

Returns	1D	1M	3M	YTD	1Y	3Y	5Y	MAX
Total return	+0.1%	+0.9%	+0.7%	+2.1%	+2.7%	+10.5%	+13.1%	+18.9%
Peer average	0.0%	+0.6%	+0.7%	+2.9%	+3.5%	+15.6%	+18.5%	—
S&P 500 · VOO	−4.4%	−5.7%	−4.9%	+8.4%	+9.8%	+82.2%	+71.6%	—

Key Statistics

Open all fund facts →

AUM: $8.4B
Expense ratio: 0.18%
Distribution yield: 2.5%
NAV: $50.83
Volume: 1.7M
Avg. volume 30D: 1.9M
High today: $50.93
Low today: $50.87
Previous close: $50.89
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+3.8%$73.2M

#2RBILF/m+3.8%$176M

#3TUSBThrivent+3.6%$200M

#4MINTPIMCO+3.5%$18.3B

#5GMOCGMO+3.5%$30.0M

#6KCSHKraneShares+3.4%$160M

#7PULSPGIM+3.4%$19.8B

#8TBUXT. Rowe Price+3.3%$2.1B

#44JMSTJ.P. Morgan+2.1%$8.4B

End-of-day Nov 6, 2026 · 50 Ultra-short ETFs by YTD

$10,000 in JMST

$10,000 in JMST became

$11,308

In the S&P 500 (VOO)

$17,156

Total return, dividends in · Oct 28, 2021 – Nov 5, 2026 · S&P 500 uses VOO

JMST’s Top Holdings

Today

JPMI TAX FREE Jpmi Tax Free Mmktf Im13.0%NEW YORK N Y0.8%MARYLAND ST 0.8%CASH0.7%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%HOUSTON TEX 0.5%NEW YORK N Y0.5%MASSA

J.P. Morgan JMST · 1,965 holdings · top 22 shown · tile size = share of the fund · as of Nov 6, 2026

What JMST Holds

Today

All holdings100.0%

JPMI TAX F 13.0 · NEW YORK N · MARYLAND S · CASH · NEW JERSEY · WICHITA KA · ALASKA HSG

J.P. Morgan JMST · share of the fund · as of Nov 6, 2026

Jpmi’s Share of JMST

Today

13.0%

$130 of every $1,000 in JMST is Jpmi

Jpmi held by JMST

$1.1B

J.P. Morgan JMST · each square = $10 of $1,000 · as of Nov 6, 2026

JMST’s Share of Ultra-Short ETFs

Today

5.5%

of the $153B in 56 Ultra-short ETFs

JMST$8.4B5.5%

JPST$42.5B27.8%

PULS$19.8B13.0%

53 others$82.1B53.7%

Ultra-short ETF AUM · Nov 6, 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 6, 2026

Inside JMST

1,965 holdings · as of Nov 6, 2026

JMST

JPMorgan Ultra-Short Municipal Income ETF

Today

All holdings100.0%Jpmi TAX F13.0%CASH1,951 more holdings78.8% of the fund

All holdings100.0%Jpmi TAX F13.0%1,959 more holdings83.4% of the fund

#	Ticker	Company	Weight ▼
1	—	Jpmi TAX Free Mmktf IM	13.01%
2	—	NEW York N Y VAR 06/45	0.77%
3	—	Maryland ST VAR 07/55	0.77%
4	CASH	CASH	0.71%
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	0.58%
10	—	Hempstead N Y UN 4% 07/27	0.56%

See all 1,966 holdings ↓

J.P. Morgan JMST · current holdings by weight · as of Nov 6, 2026 · each tile is one holding · top 20 = 24.2%

All JMST Holdings

1,966 holdings · as of Nov 6, 2026

JMST

JMST’s Holdings

Today

#
1	—Jpmi TAX Free Mmktf IM	13.01%	$1,300.62	1093.7M	$1.09B
2	—NEW York N Y VAR 06/45	0.77%	$77.29	65.0M	$65.0M
3	—Cash	0.71%	$70.96	59.7M	$59.7M
4	—NEW Jersey ST 5% 06/29	0.71%	$70.89	57.1M	$59.6M
5	—Wichita Kans GEN 5% 10/27	0.67%	$67.37	55.5M	$56.7M
6	—Alaska HSG FIN VAR 12/41	0.64%	$64.09	53.9M	$53.9M
7	—Minnesota ST GEN 5% 08/27	0.58%	$58.44	48.3M	$49.2M
8	—Hempstead N Y UN 4% 07/27	0.56%	$56.40	47.0M	$47.4M
9	—NEW Hartford N Y 4% 06/27	0.54%	$54.06	45.1M	$45.5M
10	—NEW Windsor N Y 4% 06/27	0.54%	$53.84	45.0M	$45.3M
11	—Maryland ST VAR 07/55	0.54%	$53.51	45.0M	$45.0M
12	—Newburgh N Y 4% 06/27	0.53%	$52.68	44.0M	$44.3M
13	—Longmeadow Mass 4% 06/27	0.53%	$52.63	44.0M	$44.3M
14	—Tarrant Cnty VAR 11/64	0.52%	$51.61	41.4M	$43.4M
15	—Tarrant Cnty VAR 11/47	0.51%	$51.03	42.9M	$42.9M

J.P. Morgan JMST · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 6, 2026

How It Compares

JMST

JPMorgan Ultra-Short Municipal Income ETF’s Peers

Today


JPST	J.P. MorganRead Desk	0.18%	0.0%	+3.6%	$42.5B
PULS	PGIMRead Desk	0.15%	0.0%	+4.1%	$19.8B
MINT	PIMCORead Desk	0.36%	0.0%	+4.2%	$18.3B
VUSB	VanguardRead Desk	0.10%	+0.1%	+3.7%	$9.9B
ICSH	iSharesRead Desk	0.08%	+0.1%	+3.7%	$8.9B
JMST	J.P. MorganThis fundRead Desk	0.18%	+0.1%	+2.7%	$8.4B

Ultra-short peers · Today’s and past-year returns · as of Nov 6, 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%

+2.1%

JPST wins+0.8 pts

Past year

+3.6%

+2.7%

JPST wins+0.9 pts

Fee

0.18%

Level

Yield

4.1%

2.5%

JPST wins+1.6 pts

AUM

$42.5B

$8.4B

JPST5.1× more

3–0JPST wins

J.P. Morgan JPST and J.P. Morgan JMST · year-to-date · as of Nov 6, 2026 · AUM not scored

JMST vs VOO

YTD

JMST · JPMorgan Ultra-Short Municipal Income

+2.1%

VOO · S&P 500

+8.4%

Gap

6.3 pts

J.P. Morgan JMST and Vanguard VOO · Today total return · as of Nov 6, 2026

JMST vs Its Peer Average

YTD

JMSTAvsBPeer average

1D+0.1%0.0%

1M+0.9%+0.6%

3M+0.7%+0.7%

YTD+2.1%+2.9%

1Y+2.7%+3.5%

3Y+10.5%+15.6%

5Y+13.1%+18.5%

3–4Peer average wins

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

The Details

JMST

Risk

2/5our risk indicator

CalmerBumpier

Volatility · 1Y0.67%

Deepest drop · 1Y−0.6%

Lowest point · 5Y−1.0%

52-week range

$50.92

$50.46−0.4% from the high$51.13

J.P. Morgan JMST · past-year price moves · as of Nov 6, 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 6, 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$50.83

Premium / discount[…]

Median spread · 30D[…]

Volume today1.7M

Average volume · 30D1.9M

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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