ETF comparison
SCMB vs SHM
Both US Municipal Bond.
Schwab Municipal Bond ETF · State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
Holdings overlap
134 positions appear in both funds. Buying equal dollars of SCMB and SHM would leave roughly 2.1% 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
SCMB is 17 bps cheaper than SHM. On a $100,000 position that's about $170/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 SCMB vs SHM.
Top shared holdings
134 shared in total| # | Holding | In SCMB | In SHM | Overlap |
|---|---|---|---|---|
| 1 | State of Illinois | 0.12% | 0.16% | 0.12% |
| 2 | New Jersey Transportation Trust Fund Authority | 0.10% | 0.09% | 0.09% |
| 3 | Commonwealth of Massachusetts | 0.06% | 0.09% | 0.06% |
| 4 | City of New York NY | 0.06% | 0.44% | 0.06% |
| 5 | State of Illinois | 0.05% | 0.06% | 0.05% |
| 6 | New York City Municipal Water Finance Authority | 0.05% | 0.22% | 0.05% |
| 7 | Los Angeles Department of Water & Power | 0.05% | 0.15% | 0.05% |
| 8 | State of New Jersey | 0.05% | 0.10% | 0.05% |
| 9 | County of Williamson TX | 0.05% | 0.25% | 0.05% |
| 10 | University of Colorado | 0.05% | 0.15% | 0.05% |
| 11 | State of New Jersey | 0.05% | 0.07% | 0.05% |
| 12 | School Board of Miami-Dade County/The | 0.05% | 0.05% | 0.05% |
Only in SCMB
6,711 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%
Only in SHM
909 total- Southeast Energy Authority A Cooperative District 0.92%
- New York State Dormitory Authority 0.61%
- State of California 0.52%
- State of California 0.49%
- State of California 0.46%
- University of California 0.41%
- City of New York NY 0.39%
- State of Florida Department of Transportation Turnpike System Revenue 0.37%
- State of Maryland Department of Transportation 0.36%
- County of Montgomery MD 0.36%
Related comparisons
More comparisons with SCMB
- SCMB vs HYD · VanEck High Yield Muni ETF 1.1%
- SCMB vs JMST · JPMorgan Ultra-Short Municipal Income ETF 1.1%
- SCMB vs MUNI · PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund 1.1%
- SCMB vs AGG · iShares Core U.S. Aggregate Bond ETF 0.0%
- SCMB vs BAB · Invesco Taxable Municipal Bond ETF 0.0%
- SCMB vs BND · Vanguard Total Bond Market Index Fund ETF Shares 0.0%
More comparisons with SHM
- SHM vs CMF · iShares California Muni Bond ETF 1.8%
- SHM vs MUNI · PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund 1.7%
- SHM vs MUB · iShares National Muni Bond ETF 1.7%
- SHM vs NYF · iShares New York Muni Bond ETF 0.5%
- SHM vs AGG · iShares Core U.S. Aggregate Bond ETF 0.0%
- SHM vs BAB · Invesco Taxable Municipal Bond ETF 0.0%
Percentages are holdings overlap with the named fund.
Open SCMB 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.