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ETF comparison

NYF vs SHM

Both US Municipal Bond.

iShares New York Muni Bond ETF · State Street SPDR Nuveen ICE Short Term Municipal Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
0.5 %

7 positions appear in both funds. Buying equal dollars of NYF and SHM would leave roughly 0.5% of each dollar exposed to the same underlying securities.

NYF unmatched 99.3% Shared 0.5% SHM unmatched 98.7%

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 NYF only
877 positions
Shared
7 positions
In SHM only
1,036 positions

Side by side

NYF

iShares New York Muni Bond ETF

iShares · US Municipal Bond

86 composite / 100
Expense ratio
0.090%
Net assets
$1.52B
TTM yield
3.24%
Top-10 conc.
6.0%
SHM

State Street SPDR Nuveen ICE Short Term Municipal Bond ETF

State Street · US Municipal Bond

86 composite / 100
Expense ratio
0.20%
Net assets
$3.46B
TTM yield
2.71%
Top-10 conc.
5.3%

Sub-score comparison

91
Cost
80
93
Tax efficiency
93
64
Liquidity
80
100
Concentration
100
—
Tracking quality
—
NYF sub-score SHM

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

Cost difference

NYF is 11 bps cheaper than SHM. On a $100,000 position that's about $110/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 the cost calculator pre-filled with NYF vs SHM.

Top shared holdings

7 shared in total
# Holding In NYF In SHM Overlap
1 New York City Transitional Finance Authority Future Tax Secured 0.25% 0.14% 0.14%
2 City of New York 0.25% 0.11% 0.11%
3 City of New York 0.08% 0.23% 0.08%
4 New York State Thruway Authority 0.21% 0.07% 0.07%
5 City of New York 0.07% 0.05% 0.05%
6 New York City Transitional Finance Authority Future Tax Secured 0.06% 0.05% 0.05%
7 Metropolitan Transportation Authority 0.04% 0.03% 0.03%

Only in NYF

877 total
  • Battery Park City Authority 0.80%
  • New York City Transitional Finance Authority Future Tax Secured 0.73%
  • New York State Dormitory Authority 0.71%
  • Metropolitan Transportation Authority 0.65%
  • New York State Thruway Authority 0.59%
  • Long Island Power Authority 0.58%
  • New York State Dormitory Authority 0.51%
  • New York State Dormitory Authority 0.47%
  • New York State Dormitory Authority 0.47%
  • Utility Debt Securitization Authority 0.45%

Only in SHM

1,036 total
  • Southeast Energy Authority A Cooperative District 0.92%
  • State of California 0.69%
  • New York State Dormitory Authority 0.61%
  • State of California 0.52%
  • State of California 0.49%
  • State of California 0.46%
  • City of New York NY 0.44%
  • University of California 0.41%
  • Triborough Bridge & Tunnel Authority 0.40%
  • City of New York NY 0.39%

Percentages are holdings overlap with the named fund.

Open NYF 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 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.