ETF comparison
CGMU vs JMST
Both US Municipal Bond.
Capital Group Municipal Income ETF · JPMorgan Ultra-Short Municipal Income ETF
Holdings overlap
30 positions appear in both funds. Buying equal dollars of CGMU and JMST would leave roughly 0.9% 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
JMST is 9 bps cheaper than CGMU. On a $100,000 position that's about $90/yr more in fees for CGMU.
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 CGMU vs JMST.
Top shared holdings
30 shared in total| # | Holding | In CGMU | In JMST | Overlap |
|---|---|---|---|---|
| 1 | PEFA Inc | 0.18% | 0.30% | 0.18% |
| 2 | City of Los Angeles CA | 0.11% | 0.17% | 0.11% |
| 3 | California Municipal Finance Authority | 0.09% | 0.46% | 0.09% |
| 4 | Florida Local Government Finance Commission | 0.09% | 0.09% | 0.09% |
| 5 | Florida Development Finance Corp | 0.07% | 0.07% | 0.07% |
| 6 | Texas Municipal Gas Acquisition & Supply Corp IV | 0.07% | 0.31% | 0.07% |
| 7 | School District of Philadelphia/The | 0.04% | 0.19% | 0.04% |
| 8 | Louisville/Jefferson County Metropolitan Government | 0.05% | 0.03% | 0.03% |
| 9 | State of Alaska International Airports System | 0.02% | 0.04% | 0.02% |
| 10 | Allen Independent School District | 0.02% | 0.11% | 0.02% |
| 11 | Arkansas Development Finance Authority | 0.02% | 0.04% | 0.02% |
| 12 | California Pollution Control Financing Authority | 0.02% | 0.14% | 0.02% |
Only in CGMU
2,305 total- Commonwealth of Puerto Rico 0.82%
- Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.69%
- Black Belt Energy Gas District 0.53%
- City of New York NY 0.51%
- New York City Municipal Water Finance Authority 0.47%
- California Community Choice Financing Authority 0.45%
- County of Montgomery MD 0.44%
- New York City Municipal Water Finance Authority 0.44%
- Maryland Health & Higher Educational Facilities Authority 0.40%
- Black Belt Energy Gas District 0.38%
Only in JMST
1,511 total- United States of America 0.98%
- New York City Municipal Water Finance Authority 0.88%
- State of Washington 0.77%
- Alaska Housing Finance Corp. 0.73%
- State of Minnesota 0.67%
- Hempstead Union Free School District 0.65%
- New Hartford Central School District 0.62%
- Town of New Windsor NY 0.62%
- Maryland Health & Higher Educational Facilities Authority 0.61%
- Township of Woodbridge NJ 0.61%
Related comparisons
More comparisons with CGMU
- CGMU vs AGG · iShares Core U.S. Aggregate Bond ETF 0.0%
- CGMU vs BAB · Invesco Taxable Municipal Bond ETF 0.0%
- CGMU vs BND · Vanguard Total Bond Market Index Fund ETF Shares 0.0%
- CGMU vs BNDX · Vanguard Total International Bond Index Fund ETF Shares 0.0%
- CGMU vs GOVT · iShares U.S. Treasury Bond ETF 0.0%
- CGMU vs SCHP · Schwab U.S. TIPS ETF 0.0%
More comparisons with JMST
- JMST vs MUNI · PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund 0.8%
- JMST vs HYD · VanEck High Yield Muni ETF 0.4%
- JMST vs CMF · iShares California Muni Bond ETF 0.2%
- JMST vs PZA · Invesco National AMT-Free Municipal Bond ETF 0.2%
- JMST vs NYF · iShares New York Muni Bond ETF 0.1%
- JMST vs AGG · iShares Core U.S. Aggregate Bond ETF 0.0%
Percentages are holdings overlap with the named fund.
Open CGMU or JMST 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.