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ETF comparison

JMST vs JMUB

Both US Municipal Bond.

JPMorgan Ultra-Short Municipal Income ETF · JPMorgan Municipal ETF

Holdings overlap

Weighted by ISIN/CUSIP
3.8 %

52 positions appear in both funds. Buying equal dollars of JMST and JMUB would leave roughly 3.8% of each dollar exposed to the same underlying securities.

JMST unmatched 87.4% Shared 3.8% JMUB unmatched 88.0%

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 JMST only
1,489 positions
Shared
52 positions
In JMUB only
2,033 positions

Side by side

JMST

JPMorgan Ultra-Short Municipal Income ETF

JPMorgan · US Municipal Bond

91 composite / 100
Expense ratio
0.18%
Net assets
$8.35B
TTM yield
2.34%
Top-10 conc.
7.1%
JMUB

JPMorgan Municipal ETF

JPMorgan · US Municipal Bond

91 composite / 100
Expense ratio
0.18%
Net assets
$9.04B
TTM yield
3.48%
Top-10 conc.
5.9%

Sub-score comparison

82
Cost
82
93
Tax efficiency
93
97
Liquidity
98
100
Concentration
100
—
Tracking quality
—
JMST sub-score JMUB

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

Cost difference

Expense ratios are effectively identical (0.18% vs 0.18%).

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 JMST vs JMUB.

Top shared holdings

52 shared in total
# Holding In JMST In JMUB Overlap
1 United States of America 0.98% 1.00% 0.98%
2 Connecticut State Health & Educational Facilities Authority 0.30% 0.46% 0.30%
3 Hempstead Union Free School District 0.65% 0.29% 0.29%
4 City of Albany NY 0.44% 0.29% 0.29%
5 Town of New Windsor NY 0.62% 0.17% 0.17%
6 County of Hamilton OH Sales Tax Revenue 0.57% 0.17% 0.17%
7 Colorado Health Facilities Authority 0.38% 0.17% 0.17%
8 Bay Shore Union Free School District 0.14% 0.35% 0.14%
9 Town of Longmeadow MA 0.60% 0.12% 0.12%
10 State of Louisiana Gasoline & Fuels Tax Revenue 0.08% 0.17% 0.08%
11 New Hampshire Business Finance Authority 0.24% 0.08% 0.08%
12 Colorado Health Facilities Authority 0.10% 0.06% 0.06%

Only in JMST

1,489 total
  • 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%
  • New Hartford Central School District 0.62%
  • Maryland Health & Higher Educational Facilities Authority 0.61%
  • Township of Woodbridge NJ 0.61%
  • Newburgh Enlarged City School District 0.60%
  • Bergen County Improvement Authority (The) 0.58%
  • Tarrant County Cultural Education Facilities Finance Corp. 0.58%

Only in JMUB

2,033 total
  • District of Columbia Income Tax Revenue 0.69%
  • Black Belt Energy Gas District 0.67%
  • Buckeye Tobacco Settlement Financing Authority 0.58%
  • California Health Facilities Financing Authority 0.58%
  • City of San Antonio TX Airport System 0.57%
  • California Community Choice Financing Authority 0.53%
  • New York City Transitional Finance Authority Future Tax Secured Revenue 0.47%
  • County of Utah UT 0.40%
  • Long Island Power Authority 0.38%
  • Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue 0.38%

Percentages are holdings overlap with the named fund.

Open JMST or JMUB 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.