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ETF comparison

CMF vs JMUB

Both US Municipal Bond.

iShares California Muni Bond ETF · JPMorgan Municipal ETF

Holdings overlap

Weighted by ISIN/CUSIP
0.3 %

8 positions appear in both funds. Buying equal dollars of CMF and JMUB would leave roughly 0.3% of each dollar exposed to the same underlying securities.

CMF unmatched 99.2% Shared 0.3% JMUB unmatched 93.2%

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.

In CMF only
1,614 positions
Shared
8 positions
In JMUB only
1,971 positions

Side by side

CMF

iShares California Muni Bond ETF

iShares · US Municipal Bond

92 composite / 100
Expense ratio
0.080%
Net assets
$4.75B
TTM yield
3.04%
Top-10 conc.
4.4%
JMUB

JPMorgan Municipal ETF

JPMorgan · US Municipal Bond

90 composite / 100
Expense ratio
0.18%
Net assets
$8.23B
TTM yield
3.52%
Top-10 conc.
5.7%

Sub-score comparison

92
Cost
82
93
Tax efficiency
93
86
Liquidity
96
100
Concentration
100
—
Tracking quality
—
CMF sub-score JMUB

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

CMF is 10 bps cheaper than JMUB. On a $100,000 position that's about $100/yr more in fees for JMUB.

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 CMF vs JMUB.

Top shared holdings

8 shared in total
# Holding In CMF In JMUB Overlap
1 City of Los Angeles 0.21% 0.17% 0.17%
2 City of Los Angeles Wastewater System 0.12% 0.04% 0.04%
3 Desert Sands Unified School District 0.07% 0.03% 0.03%
4 Municipal Improvement Corp. of Los Angeles 0.02% 0.04% 0.02%
5 Ventura Unified School District 0.02% 0.01% 0.01%
6 Colton Joint Unified School District 0.01% 0.01% 0.01%
7 Colton Joint Unified School District 0.01% 0.01% 0.01%
8 University of California 0.00% 0.08% 0.00%

Only in CMF

1,614 total
  • Los Angeles Unified School District 0.50%
  • University of California 0.49%
  • Bay Area Toll Authority 0.46%
  • California Educational Facilities Authority 0.44%
  • Los Angeles Unified School District 0.44%
  • Eastern Municipal Water District 0.44%
  • California State University 0.42%
  • University of California 0.42%
  • State of California 0.38%
  • Bay Area Toll Authority 0.37%

Only in JMUB

1,971 total
  • Black Belt Energy Gas District 0.77%
  • California Community Choice Financing Authority 0.70%
  • California Health Facilities Financing Authority 0.67%
  • California Community Choice Financing Authority 0.61%
  • Buckeye Tobacco Settlement Financing Authority 0.55%
  • Connecticut State Health & Educational Facilities Authority 0.52%
  • Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue 0.51%
  • California Community Choice Financing Authority 0.49%
  • County of Utah UT 0.45%
  • Long Island Power Authority 0.43%

Percentages are holdings overlap with the named fund.

Open CMF or JMUB 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.