ETF comparison
JMST vs SUB
Both US Municipal Bond.
JPMorgan Ultra-Short Municipal Income ETF · iShares Short-Term National Muni Bond ETF
Holdings overlap
226 positions appear in both funds. Buying equal dollars of JMST and SUB would leave roughly 2.9% 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
SUB is 11 bps cheaper than JMST. On a $100,000 position that's about $110/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 SUB.
Top shared holdings
226 shared in total| # | Holding | In JMST | In SUB | Overlap |
|---|---|---|---|---|
| 1 | City of Houston TX Combined Utility System Revenue | 0.54% | 0.18% | 0.18% |
| 2 | State of Illinois | 0.27% | 0.16% | 0.16% |
| 3 | City of Los Angeles CA | 0.17% | 0.13% | 0.13% |
| 4 | City of New York NY | 0.10% | 0.20% | 0.10% |
| 5 | City of Mesa AZ Utility System Revenue | 0.08% | 0.09% | 0.08% |
| 6 | Pennsylvania Turnpike Commission | 0.52% | 0.07% | 0.07% |
| 7 | State of Illinois | 0.06% | 0.11% | 0.06% |
| 8 | State of Illinois | 0.05% | 0.14% | 0.05% |
| 9 | New York City Transitional Finance Authority Future Tax Secured Revenue | 0.05% | 0.20% | 0.05% |
| 10 | Curators of the University of Missouri (The) | 0.05% | 0.06% | 0.05% |
| 11 | State of Connecticut | 0.11% | 0.05% | 0.05% |
| 12 | New York State Dormitory Authority | 0.12% | 0.05% | 0.05% |
Only in JMST
1,315 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 SUB
2,750 total- New York City Transitional Finance Authority Future Tax Secured 0.33%
- State of California 0.28%
- New York City Municipal Water Finance Authority 0.27%
- State of California 0.26%
- Triborough Bridge & Tunnel Authority 0.25%
- Empire State Development Corp. 0.24%
- University of California 0.24%
- New Jersey Turnpike Authority 0.24%
- State of California 0.23%
- State of California 0.23%
Related comparisons
More comparisons with JMST
- JMST vs SHM · State Street SPDR Nuveen ICE Short Term Municipal Bond ETF 2.3%
- JMST vs VTEB · Vanguard Tax-Exempt Bond Index Fund ETF Shares 1.5%
- JMST vs MUB · iShares National Muni Bond ETF 1.1%
- JMST vs SCMB · Schwab Municipal Bond ETF 0.9%
- JMST vs CGMU · Capital Group Municipal Income ETF 0.9%
- JMST vs MUNI · PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund 0.8%
More comparisons with SUB
- SUB vs CGMU · Capital Group Municipal Income ETF 1.8%
- SUB vs JMUB · JPMorgan Municipal ETF 1.2%
- SUB vs HYD · VanEck High Yield Muni ETF 0.5%
- SUB vs MUNI · PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund 0.5%
- SUB vs PZA · Invesco National AMT-Free Municipal Bond ETF 0.0%
- SUB vs ITM · VanEck Intermediate Muni ETF 0.0%
Percentages are holdings overlap with the named fund.
Open JMST 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 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.