ETF comparison

HYD vs JMUB

Both US Municipal Bond.

VanEck High Yield Muni ETF · JPMorgan Municipal ETF

Holdings overlap

Weighted by ISIN/CUSIP
8.1 %

124 positions appear in both funds. Buying equal dollars of HYD and JMUB would leave roughly 8.1% of each dollar exposed to the same underlying securities.

HYD only 87.1% Shared 8.1% JMUB only 92.9%
In HYD only
1,787 positions
Shared
124 positions
In JMUB only
1,708 positions

Side by side

HYD

VanEck High Yield Muni ETF

VanEck · US Municipal Bond

82 composite / 100
Expense ratio
0.32%
Net assets
$4.52B
TTM yield
4.32%
Top-10 conc.
6.6%
JMUB

JPMorgan Municipal ETF

JPMorgan · US Municipal Bond

89 composite / 100
Expense ratio
0.18%
Net assets
$8.05B
TTM yield
3.61%
Top-10 conc.
14.9%

Sub-score comparison

68
Cost
82
93
Tax efficiency
93
85
Liquidity
96
100
Concentration
93
Tracking quality
HYD sub-score JMUB

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

Cost difference

JMUB 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 JMUB.

Top shared holdings

124 shared in total
# Holding In HYD In JMUB Overlap
1 Buckeye Tobacco Settlement Financing Authority 0.87% 0.62% 0.62%
2 Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.48% 0.48% 0.48%
3 Baldwin County Industrial Development Authority 0.28% 0.25% 0.25%
4 Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.29% 0.24% 0.24%
5 Tobacco Settlement Financing Corp 0.24% 0.24% 0.24%
6 California Community Choice Financing Authority 0.23% 0.56% 0.23%
7 Black Belt Energy Gas District 0.22% 0.25% 0.22%
8 New York Transportation Development Corp 0.22% 0.18% 0.18%
9 Colorado Health Facilities Authority 0.17% 0.18% 0.17%
10 California Infrastructure & Economic Development Bank 0.30% 0.17% 0.17%
11 Public Finance Authority 0.44% 0.15% 0.15%
12 Golden State Tobacco Securitization Corp 0.26% 0.15% 0.15%

Only in HYD

1,787 total
  • Chicago Board of Education 0.67%
  • New York Transportation Development Corp 0.66%
  • Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.63%
  • Chicago Board of Education 0.57%
  • Florida Development Finance Corp 0.54%
  • City of Houston TX Airport System Revenue 0.49%
  • Arkansas Development Finance Authority 0.48%
  • Iowa Finance Authority 0.47%
  • Florida Development Finance Corp 0.47%
  • California Municipal Finance Authority 0.46%

Only in JMUB

1,708 total
  • JPMorgan Institutional Tax Free Money Market Fund 9.81%
  • California Community Choice Financing Authority 0.99%
  • Connecticut State Health & Educational Facilities Authority 0.56%
  • County of Utah UT 0.49%
  • Black Belt Energy Gas District 0.48%
  • Long Island Power Authority 0.48%
  • Main Street Natural Gas, Inc. 0.45%
  • Illinois Finance Authority 0.41%
  • North Carolina Housing Finance Agency 0.40%
  • California Community Choice Financing Authority 0.39%

Open HYD 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.