ETF comparison

JMUB vs MUNI

Both US Municipal Bond.

JPMorgan Municipal ETF · PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund

Holdings overlap

Weighted by ISIN/CUSIP
4.6 %

55 positions appear in both funds. Buying equal dollars of JMUB and MUNI would leave roughly 4.6% of each dollar exposed to the same underlying securities.

JMUB only 96.4% Shared 4.6% MUNI only 94.4%
In JMUB only
1,777 positions
Shared
55 positions
In MUNI only
525 positions

Side by side

JMUB

JPMorgan Municipal ETF

JPMorgan · US Municipal Bond

89 composite / 100
Expense ratio
0.18%
Net assets
$8.05B
TTM yield
3.61%
Top-10 conc.
14.9%
MUNI

PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund

PIMCO · US Municipal Bond

78 composite / 100
Expense ratio
0.35%
Net assets
$3.09B
TTM yield
3.31%
Top-10 conc.
14.0%

Sub-score comparison

82
Cost
65
93
Tax efficiency
93
96
Liquidity
78
93
Concentration
94
Tracking quality
JMUB sub-score MUNI

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

Cost difference

JMUB is 17 bps cheaper than MUNI. On a $100,000 position that's about $170/yr more in fees for MUNI.

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 JMUB vs MUNI.

Top shared holdings

55 shared in total
# Holding In JMUB In MUNI Overlap
1 District of Columbia 0.35% 0.51% 0.35%
2 Black Belt Energy Gas District 0.48% 0.28% 0.28%
3 Main Street Natural Gas, Inc. 0.27% 0.58% 0.27%
4 Tarrant County Cultural Education Facilities Finance Corp. 0.29% 0.26% 0.26%
5 Black Belt Energy Gas District 0.23% 0.22% 0.22%
6 City of New York NY 0.19% 0.51% 0.19%
7 North Carolina Housing Finance Agency 0.18% 0.17% 0.17%
8 Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue 0.14% 0.82% 0.14%
9 Main Street Natural Gas, Inc. 0.28% 0.13% 0.13%
10 Black Belt Energy Gas District 0.25% 0.13% 0.13%
11 Louisiana Public Facilities Authority 0.12% 0.17% 0.12%
12 Tennessee Housing Development Agency 0.12% 0.26% 0.12%

Only in JMUB

1,777 total
  • JPMorgan Institutional Tax Free Money Market Fund 9.81%
  • California Community Choice Financing Authority 0.99%
  • Buckeye Tobacco Settlement Financing Authority 0.62%
  • Connecticut State Health & Educational Facilities Authority 0.56%
  • California Community Choice Financing Authority 0.56%
  • County of Utah UT 0.49%
  • Long Island Power Authority 0.48%
  • Main Street Natural Gas, Inc. 0.45%
  • Illinois Finance Authority 0.41%
  • North Carolina Housing Finance Agency 0.40%

Only in MUNI

525 total
  • UNITED STATES GOVT 2.47%
  • UNITED STATES GOVT 2.00%
  • FEDERAL HOME LOAN BANK (FHLB) 1.90%
  • FEDERAL HOME LOAN BANK (FHLB) 1.60%
  • UNITED STATES GOVT 1.31%
  • FEDERAL HOME LOAN BANK (FHLB) 0.99%
  • UNITED STATES GOVT 0.98%
  • UNITED STATES GOVT 0.97%
  • CONNECTICUT STATE HEALTH & EDUCATIONAL FACILITIES AUTHORITY 0.90%
  • PUBLIC ENERGY AUTHORITY OF KENTUCKY INC 0.89%

Open JMUB or MUNI 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.