ETF comparison
JMSTvsVTEB
Both US Municipal Bond.
JPMorgan Ultra-Short Municipal Income ETF · Vanguard Tax-Exempt Bond Index Fund ETF Shares
Holdings overlap
288 positions appear in both funds. Buying equal dollars of JMST and VTEB would leave roughly1.6%of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — seewhat we don't scorefor why.
Cost difference
VTEB is 15 bps cheaper than JMST. On a $100,000 position that's about $150/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 VTEB.
Top shared holdings
288 shared in total| # | Holding | In JMST | In VTEB | Overlap |
|---|---|---|---|---|
| 1 | State of Illinois | 0.06% | 0.08% | 0.06% |
| 2 | Metropolitan Washington Airports Authority Dulles Toll Road Revenue | 0.26% | 0.05% | 0.05% |
| 3 | State of Connecticut | 0.38% | 0.05% | 0.05% |
| 4 | Alabama Federal Aid Highway Finance Authority | 0.05% | 0.05% | 0.05% |
| 5 | Nebraska Public Power District | 0.28% | 0.04% | 0.04% |
| 6 | State of Illinois | 0.31% | 0.04% | 0.04% |
| 7 | State of Texas | 0.06% | 0.04% | 0.04% |
| 8 | City of New York NY | 0.11% | 0.04% | 0.04% |
| 9 | New York State Dormitory Authority | 0.15% | 0.03% | 0.03% |
| 10 | State of Illinois | 0.03% | 0.07% | 0.03% |
| 11 | State of Illinois | 0.06% | 0.03% | 0.03% |
| 12 | State of Wisconsin | 0.06% | 0.03% | 0.03% |
Only in JMST
1,603 total- JPMorgan Institutional Tax Free Money Market Fund7.09%
- New York City Municipal Water Finance Authority1.02%
- 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%
- County of Hamilton OH Sales Tax Revenue0.66%
Only in VTEB
9,897 total- University of California0.12%
- Triborough Bridge & Tunnel Authority0.11%
- Colorado State Education Loan Program0.11%
- State of California0.11%
- New York City Transitional Finance Authority Future Tax Secured Revenue0.09%
- Dallas Independent School District0.09%
- Ohio Water Development Authority Water Pollution Control Loan Fund0.08%
- New York State Dormitory Authority0.08%
- New York State Dormitory Authority0.08%
- Ohio State University/The0.08%
Open JMST or VTEB 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.