ETF comparison

JMUBvsSHM

Both US Municipal Bond.

JPMorgan Municipal ETF · State Street SPDR Nuveen ICE Short Term Municipal Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
2.9%

51 positions appear in both funds. Buying equal dollars of JMUB and SHM would leave roughly2.9%of each dollar exposed to the same underlying securities.

JMUB only 98.8%Shared 2.9%SHM only 96.6%
In JMUB only
1,929 positions
Shared
51 positions
In SHM only
993 positions

Side by side

JMUB

JPMorgan Municipal ETF

JPMorgan · US Municipal Bond

90composite / 100
Expense ratio
0.18%
Net assets
$8.75B
TTM yield
3.76%
Top-10 conc.
13.5%
SHM

State Street SPDR Nuveen ICE Short Term Municipal Bond ETF

State Street · US Municipal Bond

86composite / 100
Expense ratio
0.20%
Net assets
$3.51B
TTM yield
2.71%
Top-10 conc.
5.3%

Sub-score comparison

82
Cost
80
93
Tax efficiency
93
97
Liquidity
80
95
Concentration
100
Tracking quality
JMUBsub-scoreSHM

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

Cost difference

JMUB is 2 bps cheaper than SHM. On a $100,000 position that's about $20/yr more in fees for SHM.

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 JMUB vs SHM.

Top shared holdings

51 shared in total
#HoldingIn JMUBIn SHMOverlap
1Main Street Natural Gas, Inc.0.41%0.23%0.23%
2Tennessee Energy Acquisition Corp.0.20%0.20%0.20%
3Main Street Natural Gas, Inc.0.19%0.18%0.18%
4Main Street Natural Gas, Inc.0.25%0.15%0.15%
5Triborough Bridge & Tunnel Authority0.14%0.15%0.14%
6Tennergy Corp./TN0.13%0.18%0.13%
7Harris County Cultural Education Facilities Finance Corp.0.12%0.26%0.12%
8New Jersey Transportation Trust Fund Authority0.12%0.12%0.12%
9Main Street Natural Gas, Inc.0.07%0.17%0.07%
10Energy Southeast A Cooperative District0.07%0.12%0.07%
11Texas Municipal Gas Acquisition & Supply Corp. IV0.07%0.21%0.07%
12California Infrastructure & Economic Development Bank0.06%0.12%0.06%

Only in JMUB

1,929 total
  • JPMorgan Institutional Tax Free Money Market Fund8.22%
  • Black Belt Energy Gas District0.77%
  • California Community Choice Financing Authority0.70%
  • California Health Facilities Financing Authority0.67%
  • California Community Choice Financing Authority0.61%
  • Buckeye Tobacco Settlement Financing Authority0.55%
  • Connecticut State Health & Educational Facilities Authority0.52%
  • Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue0.51%
  • California Community Choice Financing Authority0.49%
  • County of Utah UT0.45%

Only in SHM

993 total
  • Southeast Energy Authority A Cooperative District0.92%
  • State of California0.69%
  • New York State Dormitory Authority0.61%
  • State of California0.52%
  • State of California0.49%
  • State of California0.46%
  • City of New York NY0.44%
  • University of California0.41%
  • Triborough Bridge & Tunnel Authority0.40%
  • City of New York NY0.39%

Open JMUB or SHM 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.