ETF comparison

JMSTvsSUB

Both US Municipal Bond.

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

Holdings overlap

Weighted by ISIN/CUSIP
3.1%

283 positions appear in both funds. Buying equal dollars of JMST and SUB would leave roughly3.1%of each dollar exposed to the same underlying securities.

JMST only 100.6%Shared 3.1%SUB only 97.3%
In JMST only
1,608 positions
Shared
283 positions
In SUB only
2,634 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%
SUB

iShares Short-Term National Muni Bond ETF

iShares · US Municipal Bond

96composite / 100
Expense ratio
0.070%
Net assets
$11.64B
TTM yield
2.58%
Top-10 conc.
3.1%

Sub-score comparison

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

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

Cost difference

SUB is 11 bps cheaper than JMST. On a $100,000 position that's about $110/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 SUB.

Top shared holdings

283 shared in total
#HoldingIn JMSTIn SUBOverlap
1City of Houston TX Combined Utility System Revenue0.63%0.21%0.21%
2State of Illinois0.31%0.16%0.16%
3City of New York NY0.11%0.21%0.11%
4Pennsylvania Turnpike Commission0.60%0.07%0.07%
5State of New Mexico Severance Tax Permanent Fund0.07%0.13%0.07%
6State of Illinois0.06%0.12%0.06%
7State of Illinois0.06%0.15%0.06%
8New York City Transitional Finance Authority Future Tax Secured Revenue0.06%0.21%0.06%
9Curators of the University of Missouri (The)0.06%0.06%0.06%
10State of Connecticut0.13%0.05%0.05%
11County of Clark NV0.05%0.13%0.05%
12New York State Dormitory Authority0.13%0.05%0.05%

Only in JMST

1,608 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 SUB

2,634 total
  • BlackRock Liquidity Funds0.59%
  • County of King0.35%
  • San Antonio Water System0.28%
  • City of Seattle0.27%
  • State of California0.27%
  • Empire State Development Corp.0.25%
  • Pennsylvania Turnpike Commission0.25%
  • University of California0.25%
  • New Jersey Turnpike Authority0.25%
  • State of California0.24%

Open JMST 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 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.