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ETF comparison

JMST vs VTIP

US Municipal Bond vs TIPS.

JPMorgan Ultra-Short Municipal Income ETF · Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares

Holdings overlap

Weighted by ISIN/CUSIP
0.0 %

0 positions appear in both funds. Buying equal dollars of JMST and VTIP would leave roughly 0.0% of each dollar exposed to the same underlying securities.

JMST unmatched 96.6% Shared 0.0% VTIP unmatched 99.0%

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.

In JMST only
1,890 positions
Shared
0 positions
In VTIP only
25 positions

Side by side

JMST

JPMorgan Ultra-Short Municipal Income ETF

JPMorgan · US Municipal Bond

90 composite / 100
Expense ratio
0.18%
Net assets
$7.62B
TTM yield
2.55%
Top-10 conc.
7.7%
VTIP

Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares

Vanguard · TIPS

86 composite / 100
Expense ratio
0.030%
Net assets
$73.01B
whole fund, 4 share classes
TTM yield
4.81%
Top-10 conc.
49.8%

Sub-score comparison

82
Cost
97
93
Tax efficiency
48
95
Liquidity
100
100
Concentration
N/A
—
Tracking quality
—
JMST sub-score VTIP

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

Cost difference

VTIP 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 the cost calculator pre-filled with JMST vs VTIP.

Top shared holdings

0 shared in total

No shared holdings between these funds.

Only in JMST

1,890 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 VTIP

25 total
  • United States Treasury Inflation Indexed Bonds 5.39%
  • United States Treasury Inflation Indexed Bonds 5.33%
  • United States Treasury Inflation Indexed Bonds 5.30%
  • United States Treasury Inflation Indexed Bonds 5.14%
  • United States Treasury Inflation Indexed Bonds 4.97%
  • United States Treasury Inflation Indexed Bonds 4.83%
  • United States Treasury Inflation Indexed Bonds 4.83%
  • United States Treasury Inflation Indexed Bonds 4.74%
  • United States Treasury Inflation Indexed Bonds 4.70%
  • United States Treasury Inflation Indexed Bonds 4.59%

Related comparisons

More comparisons with JMST

More comparisons with VTIP

Percentages are holdings overlap with the named fund.

Open JMST or VTIP at a brokerage

Both funds trade commission-free at major US brokerages.

Open at Fidelity

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.