ETF comparison
HYD vs JMST
Both US Municipal Bond.
VanEck High Yield Muni ETF · JPMorgan Ultra-Short Municipal Income ETF
Holdings overlap
12 positions appear in both funds. Buying equal dollars of HYD and JMST would leave roughly 0.4% 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 14 bps cheaper than HYD. On a $100,000 position that's about $140/yr more in fees for HYD.
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 HYD vs JMST.
Top shared holdings
12 shared in total| # | Holding | In HYD | In JMST | Overlap |
|---|---|---|---|---|
| 1 | Colorado Health Facilities Authority | 0.10% | 0.12% | 0.10% |
| 2 | Florida Local Government Finance Commission | 0.09% | 0.10% | 0.09% |
| 3 | State of Illinois | 0.09% | 0.06% | 0.06% |
| 4 | Pennsylvania Economic Development Financing Authority | 0.05% | 0.20% | 0.05% |
| 5 | Indiana Finance Authority | 0.05% | 0.04% | 0.04% |
| 6 | City of Houston TX Airport System Revenue | 0.03% | 0.04% | 0.03% |
| 7 | Energy Northwest | 0.02% | 0.12% | 0.02% |
| 8 | State of Illinois | 0.01% | 0.01% | 0.01% |
| 9 | Bartow County Development Authority | 0.06% | 0.01% | 0.01% |
| 10 | City of Chicago IL | 0.01% | 0.16% | 0.01% |
| 11 | North Carolina Medical Care Commission | 0.10% | 0.00% | 0.00% |
| 12 | New Jersey Transportation Trust Fund Authority | 0.00% | 0.00% | 0.00% |
Only in HYD
2,091 total- Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.98%
- Chicago Board of Education 0.79%
- Tobacco Settlement Financing Corp 0.71%
- Buckeye Tobacco Settlement Financing Authority 0.69%
- New York Transportation Development Corp 0.61%
- Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.58%
- Chicago Board of Education 0.53%
- Florida Development Finance Corp 0.52%
- New York Transportation Development Corp 0.48%
- Arkansas Development Finance Authority 0.45%
Only in JMST
1,878 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 HYD
- HYD vs CMF · iShares California Muni Bond ETF 0.2%
- HYD vs NYF · iShares New York Muni Bond ETF 0.2%
- HYD vs AGG · iShares Core U.S. Aggregate Bond ETF 0.0%
- HYD vs BAB · Invesco Taxable Municipal Bond ETF 0.0%
- HYD vs BND · Vanguard Total Bond Market Index Fund ETF Shares 0.0%
- HYD vs BNDX · Vanguard Total International Bond Index Fund ETF Shares 0.0%
More comparisons with JMST
- 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%
- JMST vs BND · Vanguard Total Bond Market Index Fund ETF Shares 0.0%
Percentages are holdings overlap with the named fund.
Open HYD 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.