JMST vs STAX
JPMorgan Ultra-Short Municipal Income ETF compared with Nomura Tax-Free USA Short Term ETF on yield, payout growth, payment schedule, cost and risk.
JMST
JPMorgan Ultra-Short Municipal Income ETF
TTM yield · Monthly
STAX
Nomura Tax-Free USA Short Term ETF
TTM yield · Monthly
Quick take
- STAX yields more today: 3.18% vs 2.55% (forward).
- STAX has grown its payout faster: -0.9%/yr vs -13.8%/yr over the last 1 year.
- Both pay every month.
- Over the last year JMST delivered the higher total return: +2.3% vs +0.8% (price change plus payouts).
- JMST is cheaper to own: 0.18% vs 0.29% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | JMST | STAX |
|---|---|---|
| Share price | $50.90 | $24.95 |
| TTM yield | 2.55% | 3.18% |
| Forward yield | 2.55% | 3.18% |
| Annual payout per share | $1.30 | $0.793 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Oct 30, 2026 (est.) |
| Expense ratio | 0.18% | 0.29% |
| 1-year payout growth | -13.8% | -0.9% |
| 5-year payout CAGR | +51.1% | — |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 94/100 | 93/100 |
| 1-year total return | +2.3% | +0.8% |
| 1-year price return | -0.3% | -2.3% |
| Size (market cap / AUM) | 7.6B | 10.5M |
| Years paying | 7.9 | 2.7 |
| Sector / category | Muni National Short | Muni National Short |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| JMST | STAX | |
|---|---|---|
| Shares | 196.5 | 400.8 |
| Income per year | $255 | $318 |
| Income per month (avg) | $21 | $26 |
At forward yields, before taxes. Model JMST · Model STAX
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| JMST Oct 31, 2026 | Nov 14, 2026 | $0.1083 | Est. |
| JMST Nov 30, 2026 | Dec 14, 2026 | $0.1083 | Est. |
| JMST Dec 30, 2026 | Jan 13, 2027 | $0.1083 | Est. |
| STAX Oct 30, 2026 | Nov 13, 2026 | $0.0661 | Est. |
| STAX Nov 29, 2026 | Dec 13, 2026 | $0.0661 | Est. |
| STAX Dec 29, 2026 | Jan 12, 2027 | $0.0661 | Est. |
Annual payouts per share
JMSTSTAX
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, JMST or STAX?
STAX currently has the higher trailing yield: JMST yields 2.55% and STAX yields 3.18%. Yield changes daily with price, so check the live figures above.
How often do JMST and STAX pay?
JMST pays every month and STAX pays every month. JMST's next ex-date is Oct 31, 2026 and STAX's is Oct 30, 2026.
Which has grown its dividend faster, JMST or STAX?
STAX has grown its payout faster: -0.9%/yr vs -13.8%/yr over the last 1 year.
Is JMST or STAX better for income?
It depends on what you are optimising for. JMST and STAX differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.