ETF comparison
JMUB vs SHM
Both US Municipal Bond.
JPMorgan Municipal ETF · State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
Holdings overlap
45 positions appear in both funds. Buying equal dollars of JMUB and SHM would leave roughly 2.7% of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
JMUB is 2 bps cheaper than SHM. On a $100,000 position that's about $20/yr more in fees for SHM.
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 SHM.
Top shared holdings
45 shared in total| # | Holding | In JMUB | In SHM | Overlap |
|---|---|---|---|---|
| 1 | Main Street Natural Gas, Inc. | 0.45% | 0.23% | 0.23% |
| 2 | Tennessee Energy Acquisition Corp. | 0.22% | 0.20% | 0.20% |
| 3 | Main Street Natural Gas, Inc. | 0.21% | 0.18% | 0.18% |
| 4 | Triborough Bridge & Tunnel Authority | 0.15% | 0.16% | 0.15% |
| 5 | Tennergy Corp./TN | 0.15% | 0.18% | 0.15% |
| 6 | New Jersey Transportation Trust Fund Authority | 0.14% | 0.12% | 0.12% |
| 7 | City of Forsyth MT | 0.11% | 0.09% | 0.09% |
| 8 | Main Street Natural Gas, Inc. | 0.08% | 0.17% | 0.08% |
| 9 | Energy Southeast A Cooperative District | 0.08% | 0.13% | 0.08% |
| 10 | Texas Municipal Gas Acquisition & Supply Corp. IV | 0.08% | 0.21% | 0.08% |
| 11 | California Infrastructure & Economic Development Bank | 0.07% | 0.12% | 0.07% |
| 12 | City of San Antonio TX Electric & Gas Systems Revenue | 0.38% | 0.06% | 0.06% |
Only in JMUB
1,787 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%
- Black Belt Energy Gas District 0.48%
- Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue 0.48%
- Long Island Power Authority 0.48%
- Illinois Finance Authority 0.41%
Only in SHM
943 total- Southeast Energy Authority A Cooperative District 0.93%
- City of New York NY 0.91%
- State of California 0.70%
- New York State Dormitory Authority 0.62%
- State of California 0.53%
- New York City Transitional Finance Authority Future Tax Secured Revenue 0.52%
- Triborough Bridge & Tunnel Authority 0.51%
- State of California 0.49%
- State of California 0.46%
- University of California 0.41%
Open JMUB or SHM 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.