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ETF comparison

JMST vs NYF

Both US Municipal Bond.

JPMorgan Ultra-Short Municipal Income ETF · iShares New York Muni Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
0.1 %

13 positions appear in both funds. Buying equal dollars of JMST and NYF would leave roughly 0.1% of each dollar exposed to the same underlying securities.

JMST unmatched 91.0% Shared 0.1% NYF unmatched 98.6%

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
1,528 positions
Shared
13 positions
In NYF only
920 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%
NYF

iShares New York Muni Bond ETF

iShares · US Municipal Bond

87 composite / 100
Expense ratio
0.090%
Net assets
$1.76B
TTM yield
2.94%
Top-10 conc.
5.9%

Sub-score comparison

82
Cost
91
93
Tax efficiency
93
97
Liquidity
67
100
Concentration
100
—
Tracking quality
—
JMST sub-score NYF

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

Cost difference

NYF is 9 bps cheaper than JMST. On a $100,000 position that's about $90/yr more in fees for JMST.

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 NYF.

Top shared holdings

13 shared in total
# Holding In JMST In NYF Overlap
1 New York City Transitional Finance Authority Future Tax Secured Revenue 0.04% 0.18% 0.04%
2 New York City Transitional Finance Authority Future Tax Secured Revenue 0.04% 0.22% 0.04%
3 New York State Dormitory Authority 0.02% 0.13% 0.02%
4 New York City Transitional Finance Authority Future Tax Secured Revenue 0.02% 0.07% 0.02%
5 New York State Dormitory Authority 0.05% 0.01% 0.01%
6 New York City Transitional Finance Authority Future Tax Secured Revenue 0.00% 0.01% 0.00%
7 New York State Dormitory Authority 0.00% 0.03% 0.00%
8 New York City Transitional Finance Authority Future Tax Secured Revenue 0.00% 0.02% 0.00%
9 New York City Transitional Finance Authority Future Tax Secured Revenue 0.00% 0.07% 0.00%
10 New York City Transitional Finance Authority Future Tax Secured Revenue 0.00% 0.01% 0.00%
11 New York State Dormitory Authority 0.00% 0.02% 0.00%
12 City of New York NY 0.00% 0.07% 0.00%

Only in JMST

1,528 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%

Only in NYF

920 total
  • Battery Park City Authority 0.82%
  • New York State Dormitory Authority 0.76%
  • New York State Dormitory Authority 0.72%
  • Port Authority of New York & New Jersey 0.66%
  • Metropolitan Transportation Authority 0.59%
  • Triborough Bridge & Tunnel Authority 0.52%
  • New York State Thruway Authority 0.52%
  • Battery Park City Authority 0.46%
  • New York State Dormitory Authority 0.45%
  • Port Authority of New York & New Jersey 0.44%

Percentages are holdings overlap with the named fund.

Open JMST or NYF 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.