ETF comparison
MUNIvsSHM
Both US Municipal Bond.
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund · State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
Holdings overlap
22 positions appear in both funds. Buying equal dollars of MUNI and SHM would leave roughly1.8%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
SHM is 15 bps cheaper than MUNI. On a $100,000 position that's about $150/yr more in fees for MUNI.
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 MUNI vs SHM.
Top shared holdings
22 shared in total| # | Holding | In MUNI | In SHM | Overlap |
|---|---|---|---|---|
| 1 | California Community Choice Financing Authority | 0.27% | 0.29% | 0.27% |
| 2 | Black Belt Energy Gas District | 0.17% | 0.23% | 0.17% |
| 3 | California Community Choice Financing Authority | 0.16% | 0.21% | 0.16% |
| 4 | Grand Parkway Transportation Corp | 0.17% | 0.15% | 0.15% |
| 5 | Rutherford County Health & Educational Facilities Board | 0.19% | 0.10% | 0.10% |
| 6 | State Street Global Advisors | 0.10% | 0.27% | 0.10% |
| 7 | Black Belt Energy Gas District | 0.10% | 0.17% | 0.10% |
| 8 | Tennergy Corp/TN | 0.21% | 0.09% | 0.09% |
| 9 | Montgomery County Industrial Development Authority/PA | 0.09% | 0.12% | 0.09% |
| 10 | California Community Choice Financing Authority | 0.07% | 0.11% | 0.07% |
| 11 | Tennergy Corp/TN | 0.07% | 0.18% | 0.07% |
| 12 | Main Street Natural Gas Inc | 0.06% | 0.12% | 0.06% |
Only in MUNI
625 total- United States Treasury2.20%
- United States Treasury1.78%
- United States Treasury1.16%
- United States Treasury0.86%
- Puerto Rico Sales Tax Financing Corp Sales Tax Revenue0.81%
- Connecticut State Health & Educational Facilities Authority0.81%
- Black Belt Energy Gas District0.81%
- Texas Municipal Gas Acquisition & Supply Corp V0.80%
- Fort Bend Independent School District0.79%
- FHLMC Multifamily VRD Certificates0.71%
Only in SHM
1,022 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 MUNI 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.