ETF comparison

JMSTvsMUB

Both US Municipal Bond.

JPMorgan Ultra-Short Municipal Income ETF · iShares National Muni Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
1.1%

173 positions appear in both funds. Buying equal dollars of JMST and MUB would leave roughly1.1%of each dollar exposed to the same underlying securities.

JMST only 102.6%Shared 1.1%MUB only 98.4%
In JMST only
1,718 positions
Shared
173 positions
In MUB only
6,481 positions

Side by side

JMST

JPMorgan Ultra-Short Municipal Income ETF

JPMorgan · US Municipal Bond

89composite / 100
Expense ratio
0.18%
Net assets
$7.36B
TTM yield
2.58%
Top-10 conc.
14.1%
MUB

iShares National Muni Bond ETF

iShares · US Municipal Bond

97composite / 100
Expense ratio
0.050%
Net assets
$45.38B
TTM yield
3.33%
Top-10 conc.
2.5%

Sub-score comparison

82
Cost
95
93
Tax efficiency
93
94
Liquidity
100
94
Concentration
100
Tracking quality
JMSTsub-scoreMUB

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

MUB is 13 bps cheaper than JMST. On a $100,000 position that's about $130/yr more in fees for JMST.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open thecost calculator pre-filled with JMST vs MUB.

Top shared holdings

173 shared in total
#HoldingIn JMSTIn MUBOverlap
1City of Houston TX Combined Utility System Revenue0.63%0.09%0.09%
2Pennsylvania Turnpike Commission0.60%0.09%0.09%
3Alabama Federal Aid Highway Finance Authority0.05%0.05%0.05%
4State of Illinois0.06%0.04%0.04%
5State of Illinois0.31%0.04%0.04%
6State of Illinois0.03%0.11%0.03%
7State of Illinois0.06%0.02%0.02%
8New York City Transitional Finance Authority Future Tax Secured Revenue0.15%0.02%0.02%
9Michigan State Building Authority0.02%0.04%0.02%
10Energy Northwest0.07%0.02%0.02%
11State of Texas0.06%0.02%0.02%
12North Texas Tollway Authority0.03%0.02%0.02%

Only in JMST

1,718 total
  • JPMorgan Institutional Tax Free Money Market Fund7.09%
  • New York City Municipal Water Finance Authority1.02%
  • State of Washington0.90%
  • Alaska Housing Finance Corp.0.86%
  • State of Minnesota0.78%
  • Township of Woodbridge NJ0.71%
  • Maryland Health & Higher Educational Facilities Authority0.71%
  • Bergen County Improvement Authority (The)0.68%
  • Tarrant County Cultural Education Facilities Finance Corp.0.67%
  • District of Columbia0.67%

Only in MUB

6,481 total
  • BlackRock Liquidity Funds1.28%
  • Board of Regents of the University of Texas System0.19%
  • New York State Thruway Authority0.15%
  • San Antonio Water System0.14%
  • Triborough Bridge & Tunnel Authority0.14%
  • New York City Transitional Finance Authority Future Tax Secured0.13%
  • New York State Dormitory Authority0.13%
  • Ohio State University (The)0.13%
  • Houston Higher Education Finance Corp.0.13%
  • Northwest Independent School District0.13%

Open JMST or MUB 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 methodologyand 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.