ETF comparison
JMST vs SUB
Both US Municipal Bond.
JPMorgan Ultra-Short Municipal Income ETF · iShares Short-Term National Muni Bond ETF
Holdings overlap
283 positions appear in both funds. Buying equal dollars of JMST and SUB would leave roughly 3.1% 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 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 the cost calculator pre-filled with JMST vs SUB.
Top shared holdings
283 shared in total| # | Holding | In JMST | In SUB | Overlap |
|---|---|---|---|---|
| 1 | City of Houston TX Combined Utility System Revenue | 0.63% | 0.21% | 0.21% |
| 2 | State of Illinois | 0.31% | 0.16% | 0.16% |
| 3 | City of New York NY | 0.11% | 0.21% | 0.11% |
| 4 | Pennsylvania Turnpike Commission | 0.60% | 0.07% | 0.07% |
| 5 | State of New Mexico Severance Tax Permanent Fund | 0.07% | 0.13% | 0.07% |
| 6 | State of Illinois | 0.06% | 0.12% | 0.06% |
| 7 | State of Illinois | 0.06% | 0.15% | 0.06% |
| 8 | New York City Transitional Finance Authority Future Tax Secured Revenue | 0.06% | 0.21% | 0.06% |
| 9 | Curators of the University of Missouri (The) | 0.06% | 0.06% | 0.06% |
| 10 | State of Connecticut | 0.13% | 0.05% | 0.05% |
| 11 | County of Clark NV | 0.05% | 0.13% | 0.05% |
| 12 | New York State Dormitory Authority | 0.13% | 0.05% | 0.05% |
Only in JMST
1,607 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%
Only in SUB
2,633 total- 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%
- University of California 0.25%
- New Jersey Turnpike Authority 0.25%
- State of California 0.24%
- State of California 0.24%
Related comparisons
More comparisons with JMST
- JMST vs JMUB · JPMorgan Municipal ETF 2.7%
- JMST vs SHM · State Street SPDR Nuveen ICE Short Term Municipal Bond ETF 2.3%
- JMST vs VTEB · Vanguard Tax-Exempt Bond Index Fund ETF Shares 1.5%
- JMST vs MUB · iShares National Muni Bond ETF 1.1%
- JMST vs SCMB · Schwab Municipal Bond ETF 1.1%
- JMST vs MUNI · PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund 0.9%
More comparisons with SUB
- 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%
- SUB vs AGG · iShares Core U.S. Aggregate Bond ETF 0.0%
Percentages are holdings overlap with the named fund.
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 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.