ETF comparison
CGMU vs JMST
Both US Municipal Bond.
Capital Group Municipal Income ETF · JPMorgan Ultra-Short Municipal Income ETF
Holdings overlap
34 positions appear in both funds. Buying equal dollars of CGMU and JMST would leave roughly 0.7% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
JMST is 9 bps cheaper than CGMU. On a $100,000 position that's about $90/yr more in fees for CGMU.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with CGMU vs JMST.
Top shared holdings
34 shared in total| # | Holding | In CGMU | In JMST | Overlap |
|---|---|---|---|---|
| 1 | Hampton Roads Transportation Accountability Commission | 0.11% | 0.32% | 0.11% |
| 2 | Florida Local Government Finance Commission | 0.09% | 0.10% | 0.09% |
| 3 | Florida Development Finance Corp | 0.07% | 0.08% | 0.07% |
| 4 | Texas Municipal Gas Acquisition & Supply Corp IV | 0.07% | 0.36% | 0.07% |
| 5 | California Municipal Finance Authority | 0.09% | 0.06% | 0.06% |
| 6 | State of Alaska International Airports System | 0.02% | 0.05% | 0.02% |
| 7 | Allen Independent School District | 0.02% | 0.13% | 0.02% |
| 8 | Arkansas Development Finance Authority | 0.02% | 0.05% | 0.02% |
| 9 | California Pollution Control Financing Authority | 0.02% | 0.08% | 0.02% |
| 10 | State of Illinois | 0.02% | 0.06% | 0.02% |
| 11 | Arlington County Industrial Development Authority | 0.02% | 0.08% | 0.02% |
| 12 | Capital Area Housing Finance Corp | 0.02% | 0.07% | 0.02% |
Only in CGMU
2,301 total- Commonwealth of Puerto Rico 0.82%
- Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.69%
- Black Belt Energy Gas District 0.53%
- City of New York NY 0.51%
- New York City Municipal Water Finance Authority 0.47%
- California Community Choice Financing Authority 0.45%
- County of Montgomery MD 0.44%
- New York City Municipal Water Finance Authority 0.44%
- Maryland Health & Higher Educational Facilities Authority 0.40%
- Black Belt Energy Gas District 0.38%
Only in JMST
1,856 total- New York City Municipal Water Finance Authority 1.02%
- State of Washington 0.90%
- Alaska Housing Finance Corp. 0.86%
- State of Minnesota 0.78%
- Township of Woodbridge NJ 0.71%
- Maryland Health & Higher Educational Facilities Authority 0.71%
- Bergen County Improvement Authority (The) 0.68%
- Tarrant County Cultural Education Facilities Finance Corp. 0.67%
- District of Columbia 0.67%
- County of Hamilton OH Sales Tax Revenue 0.66%
Related comparisons
More comparisons with CGMU
- CGMU vs AGG · iShares Core U.S. Aggregate Bond ETF 0.0%
- CGMU vs BAB · Invesco Taxable Municipal Bond ETF 0.0%
- CGMU vs BND · Vanguard Total Bond Market Index Fund ETF Shares 0.0%
- CGMU vs BNDX · Vanguard Total International Bond Index Fund ETF Shares 0.0%
- CGMU vs GOVT · iShares U.S. Treasury Bond ETF 0.0%
- CGMU vs SCHP · Schwab U.S. TIPS ETF 0.0%
More comparisons with JMST
- JMST vs HYD · VanEck High Yield Muni ETF 0.4%
- JMST vs NYF · iShares New York Muni Bond ETF 0.1%
- JMST vs CMF · iShares California Muni Bond ETF 0.1%
- JMST vs PZA · Invesco National AMT-Free Municipal Bond ETF 0.0%
- JMST vs AGG · iShares Core U.S. Aggregate Bond ETF 0.0%
- JMST vs BAB · Invesco Taxable Municipal Bond ETF 0.0%
Percentages are holdings overlap with the named fund.
Open CGMU or JMST at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.