ETF comparison
MUNI vs SHY
US Municipal Bond vs US Treasury (Short).
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund · iShares 1-3 Year Treasury Bond ETF
Holdings overlap
1 positions appear in both funds. Buying equal dollars of MUNI and SHY would leave roughly 0.3% of each dollar exposed to the same underlying securities.
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.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
SHY is 20 bps cheaper than MUNI. On a $100,000 position that's about $200/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 the cost calculator pre-filled with MUNI vs SHY.
Top shared holdings
1 shared in total| # | Holding | In MUNI | In SHY | Overlap |
|---|---|---|---|---|
| 1 | United States Treasury | 2.20% | 0.26% | 0.26% |
Only in MUNI
645 total- United States Treasury 1.78%
- United States Treasury 1.16%
- United States Treasury 0.86%
- Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.81%
- Connecticut State Health & Educational Facilities Authority 0.81%
- Black Belt Energy Gas District 0.81%
- Texas Municipal Gas Acquisition & Supply Corp V 0.80%
- Fort Bend Independent School District 0.79%
- FHLMC Multifamily VRD Certificates 0.71%
- Michigan State Housing Development Authority 0.70%
Only in SHY
88 total- United States of America 1.96%
- United States of America 1.84%
- United States of America 1.71%
- United States of America 1.60%
- United States of America 1.60%
- United States of America 1.52%
- United States of America 1.48%
- United States of America 1.45%
- United States of America 1.43%
- United States of America 1.40%
Related comparisons
More comparisons with MUNI
- MUNI vs CMF · iShares California Muni Bond ETF 0.2%
- MUNI vs BAB · Invesco Taxable Municipal Bond ETF 0.0%
- MUNI vs BNDX · Vanguard Total International Bond Index Fund ETF Shares 0.0%
- MUNI vs SCHP · Schwab U.S. TIPS ETF 0.0%
- MUNI vs TIP · iShares TIPS Bond ETF 0.0%
- MUNI vs TLT · iShares 20+ Year Treasury Bond ETF 0.0%
More comparisons with SHY
- SHY vs PULS · PGIM Ultra Short Bond ETF 0.2%
- SHY vs VTC · Vanguard Total Corporate Bond ETF ETF Shares 0.0%
- SHY vs VCSH · Vanguard Short-Term Corporate Bond Index Fund ETF Shares 0.0%
- SHY vs VCIT · Vanguard Intermediate-Term Corporate Bond Index Fund ETF Shares 0.0%
- SHY vs ANGL · VanEck Fallen Angel High Yield Bond ETF 0.0%
- SHY vs BAB · Invesco Taxable Municipal Bond ETF 0.0%
Percentages are holdings overlap with the named fund.
Open MUNI or SHY 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.