ETF comparison
CMF vs SUB
Both US Municipal Bond.
iShares California Muni Bond ETF · iShares Short-Term National Muni Bond ETF
Holdings overlap
116 positions appear in both funds. Buying equal dollars of CMF and SUB would leave roughly 3.9% 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
SUB is 1 bps cheaper than CMF. On a $100,000 position that's about $10/yr more in fees for CMF.
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 SUB.
Top shared holdings
116 shared in total| # | Holding | In CMF | In SUB | Overlap |
|---|---|---|---|---|
| 1 | University of California | 0.22% | 0.25% | 0.22% |
| 2 | East County Advanced Water Purification Joint Powers Authority | 0.33% | 0.18% | 0.18% |
| 3 | California State Public Works Board | 0.16% | 0.14% | 0.14% |
| 4 | City of Los Angeles | 0.21% | 0.12% | 0.12% |
| 5 | San Diego Community College District | 0.14% | 0.12% | 0.12% |
| 6 | State of California | 0.18% | 0.10% | 0.10% |
| 7 | Los Angeles Department of Water & Power | 0.12% | 0.10% | 0.10% |
| 8 | State of California | 0.10% | 0.09% | 0.09% |
| 9 | State of California | 0.09% | 0.24% | 0.09% |
| 10 | Los Angeles Unified School District | 0.12% | 0.09% | 0.09% |
| 11 | Los Angeles Community College District | 0.24% | 0.09% | 0.09% |
| 12 | City of Los Angeles Wastewater System | 0.12% | 0.09% | 0.09% |
Only in CMF
1,506 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 SUB
2,800 total- New Jersey Economic Development Authority 0.37%
- County of King 0.35%
- San Antonio Water System 0.28%
- City of Seattle 0.27%
- State of California 0.27%
- Empire State Development Corp. 0.25%
- Pennsylvania Turnpike Commission 0.25%
- New Jersey Turnpike Authority 0.25%
- State of California 0.24%
- District of Columbia Water & Sewer Authority 0.22%
Related comparisons
More comparisons with CMF
- CMF vs ITM · VanEck Intermediate Muni ETF 3.0%
- CMF vs SHM · State Street SPDR Nuveen ICE Short Term Municipal Bond ETF 1.8%
- CMF vs CGMU · Capital Group Municipal Income ETF 1.0%
- CMF vs JMUB · JPMorgan Municipal ETF 0.3%
- CMF vs HYD · VanEck High Yield Muni ETF 0.2%
- CMF vs MUNI · PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund 0.2%
More comparisons with SUB
- SUB vs JMST · JPMorgan Ultra-Short Municipal Income ETF 3.1%
- SUB vs NYF · iShares New York Muni Bond ETF 2.5%
- SUB vs CGMU · Capital Group Municipal Income ETF 1.6%
- SUB vs JMUB · JPMorgan Municipal ETF 1.3%
- SUB vs MUNI · PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund 0.5%
- SUB vs HYD · VanEck High Yield Muni ETF 0.5%
Percentages are holdings overlap with the named fund.
Open CMF or SUB 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.