ETF comparison

SCMBvsSUB

Both US Municipal Bond.

Schwab Municipal Bond ETF · iShares Short-Term National Muni Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
5.8%

543 positions appear in both funds. Buying equal dollars of SCMB and SUB would leave roughly5.8%of each dollar exposed to the same underlying securities.

SCMB only 93.2%Shared 5.8%SUB only 94.6%
In SCMB only
6,302 positions
Shared
543 positions
In SUB only
2,374 positions

Side by side

SCMB

Schwab Municipal Bond ETF

Schwab · US Municipal Bond

93composite / 100
Expense ratio
0.030%
Net assets
$4.18B
TTM yield
3.67%
Top-10 conc.
1.9%
SUB

iShares Short-Term National Muni Bond ETF

iShares · US Municipal Bond

96composite / 100
Expense ratio
0.070%
Net assets
$11.64B
TTM yield
2.58%
Top-10 conc.
3.1%

Sub-score comparison

97
Cost
93
93
Tax efficiency
93
84
Liquidity
100
100
Concentration
100
Tracking quality
SCMBsub-scoreSUB

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

Cost difference

SCMB is 4 bps cheaper than SUB. On a $100,000 position that's about $40/yr more in fees for SUB.

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 SCMB vs SUB.

Top shared holdings

543 shared in total
#HoldingIn SCMBIn SUBOverlap
1State of California0.13%0.15%0.13%
2Empire State Development Corp0.11%0.25%0.11%
3University of California0.14%0.09%0.09%
4San Antonio Water System0.08%0.28%0.08%
5State of Texas0.08%0.07%0.07%
6Commonwealth of Massachusetts0.06%0.11%0.06%
7Metropolitan Transportation Authority0.06%0.13%0.06%
8State of Illinois0.05%0.15%0.05%
9Los Angeles Department of Water & Power0.05%0.10%0.05%
10State of New Jersey0.05%0.17%0.05%
11State of New Jersey0.05%0.19%0.05%
12New York City Transitional Finance Authority Future Tax Secured Revenue0.05%0.09%0.05%

Only in SCMB

6,302 total
  • Commonwealth of Massachusetts0.22%
  • Gwinnett County School District0.22%
  • Commonwealth of Pennsylvania0.21%
  • City of New York NY0.20%
  • State of California Department of Water Resources0.19%
  • State of Washington0.17%
  • State of California0.17%
  • New York City Municipal Water Finance Authority0.17%
  • Northwest Independent School District0.16%
  • Commonwealth of Massachusetts0.16%

Only in SUB

2,374 total
  • BlackRock Liquidity Funds0.59%
  • County of King0.35%
  • City of Seattle0.27%
  • Pennsylvania Turnpike Commission0.25%
  • New Jersey Turnpike Authority0.25%
  • State of California0.24%
  • State of California0.24%
  • State of Connecticut Special Tax0.21%
  • State of New Jersey0.21%
  • City of New York0.21%

Open SCMB or SUB 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.