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ETF comparison

JMUB vs SCMB

Both US Municipal Bond.

JPMorgan Municipal ETF · Schwab Municipal Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
3.2 %

173 positions appear in both funds. Buying equal dollars of JMUB and SCMB would leave roughly 3.2% of each dollar exposed to the same underlying securities.

JMUB unmatched 90.3% Shared 3.2% SCMB unmatched 95.8%

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 JMUB only
1,806 positions
Shared
173 positions
In SCMB only
6,672 positions

Side by side

JMUB

JPMorgan Municipal ETF

JPMorgan · US Municipal Bond

90 composite / 100
Expense ratio
0.18%
Net assets
$8.23B
TTM yield
3.52%
Top-10 conc.
5.7%
SCMB

Schwab Municipal Bond ETF

Schwab · US Municipal Bond

92 composite / 100
Expense ratio
0.030%
Net assets
$3.07B
TTM yield
3.72%
Top-10 conc.
1.9%

Sub-score comparison

82
Cost
97
93
Tax efficiency
93
96
Liquidity
78
100
Concentration
100
—
Tracking quality
—
JMUB sub-score SCMB

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

Cost difference

SCMB is 15 bps cheaper than JMUB. On a $100,000 position that's about $150/yr more in fees for JMUB.

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 JMUB vs SCMB.

Top shared holdings

173 shared in total
# Holding In JMUB In SCMB Overlap
1 Chicago Transit Authority Sales Tax Receipts Fund 0.18% 0.14% 0.14%
2 Commonwealth of Massachusetts 0.18% 0.09% 0.09%
3 New York City Transitional Finance Authority Future Tax Secured Revenue 0.11% 0.08% 0.08%
4 School District of Philadelphia (The) 0.09% 0.07% 0.07%
5 New York City Transitional Finance Authority Future Tax Secured Revenue 0.12% 0.07% 0.07%
6 Municipal Electric Authority of Georgia 0.10% 0.07% 0.07%
7 City of New York NY 0.06% 0.07% 0.06%
8 New York City Transitional Finance Authority Future Tax Secured Revenue 0.07% 0.06% 0.06%
9 Massachusetts Bay Transportation Authority Sales Tax Revenue 0.05% 0.06% 0.05%
10 Energy Northwest 0.05% 0.05% 0.05%
11 Maryland Stadium Authority 0.05% 0.05% 0.05%
12 Triborough Bridge & Tunnel Authority 0.14% 0.05% 0.05%

Only in JMUB

1,806 total
  • Black Belt Energy Gas District 0.77%
  • California Community Choice Financing Authority 0.70%
  • California Health Facilities Financing Authority 0.67%
  • California Community Choice Financing Authority 0.61%
  • Buckeye Tobacco Settlement Financing Authority 0.55%
  • Connecticut State Health & Educational Facilities Authority 0.52%
  • Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue 0.51%
  • California Community Choice Financing Authority 0.49%
  • County of Utah UT 0.45%
  • Long Island Power Authority 0.43%

Only in SCMB

6,672 total
  • Commonwealth of Massachusetts 0.22%
  • Gwinnett County School District 0.22%
  • Commonwealth of Pennsylvania 0.21%
  • City of New York NY 0.20%
  • State of California Department of Water Resources 0.19%
  • State of Washington 0.17%
  • State of California 0.17%
  • New York City Municipal Water Finance Authority 0.17%
  • Northwest Independent School District 0.16%
  • Commonwealth of Massachusetts 0.16%

Percentages are holdings overlap with the named fund.

Open JMUB or SCMB 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.