ETF comparison
JMUB vs SHM
Both US Municipal Bond.
JPMorgan Municipal ETF · State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
Holdings overlap
50 positions appear in both funds. Buying equal dollars of JMUB and SHM would leave roughly 2.6% 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
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
50 shared in total| # | Holding | In JMUB | In SHM | Overlap |
|---|---|---|---|---|
| 1 | Main Street Natural Gas, Inc. | 0.36% | 0.23% | 0.23% |
| 2 | Tennessee Energy Acquisition Corp. | 0.18% | 0.20% | 0.18% |
| 3 | Main Street Natural Gas, Inc. | 0.17% | 0.18% | 0.17% |
| 4 | Main Street Natural Gas, Inc. | 0.22% | 0.15% | 0.15% |
| 5 | Triborough Bridge & Tunnel Authority | 0.12% | 0.15% | 0.12% |
| 6 | Tennergy Corp./TN | 0.12% | 0.18% | 0.12% |
| 7 | New Jersey Transportation Trust Fund Authority | 0.11% | 0.12% | 0.11% |
| 8 | Main Street Natural Gas, Inc. | 0.06% | 0.17% | 0.06% |
| 9 | City of San Antonio TX Electric & Gas Systems Revenue | 0.31% | 0.06% | 0.06% |
| 10 | Louisiana Public Facilities Authority | 0.10% | 0.06% | 0.06% |
| 11 | Energy Southeast A Cooperative District | 0.06% | 0.12% | 0.06% |
| 12 | Texas Municipal Gas Acquisition & Supply Corp. IV | 0.06% | 0.21% | 0.06% |
Only in JMUB
2,035 total- United States of America 1.00%
- 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%
- Connecticut State Health & Educational Facilities Authority 0.46%
- County of Utah UT 0.40%
Only in SHM
993 total- Southeast Energy Authority A Cooperative District 0.92%
- State of California 0.69%
- New York State Dormitory Authority 0.61%
- State of California 0.52%
- State of California 0.49%
- State of California 0.46%
- City of New York NY 0.44%
- University of California 0.41%
- Triborough Bridge & Tunnel Authority 0.40%
- City of New York NY 0.39%
Related comparisons
More comparisons with JMUB
- JMUB vs NYF · iShares New York Muni Bond ETF 1.7%
- JMUB vs SUB · iShares Short-Term National Muni Bond ETF 1.2%
- JMUB vs CMF · iShares California Muni Bond ETF 0.6%
- JMUB vs AGG · iShares Core U.S. Aggregate Bond ETF 0.0%
- JMUB vs BAB · Invesco Taxable Municipal Bond ETF 0.0%
- JMUB vs BND · Vanguard Total Bond Market Index Fund ETF Shares 0.0%
More comparisons with SHM
- SHM vs VTEB · Vanguard Tax-Exempt Bond Index Fund ETF Shares 2.4%
- SHM vs JMST · JPMorgan Ultra-Short Municipal Income ETF 2.3%
- SHM vs CGMU · Capital Group Municipal Income ETF 2.1%
- SHM vs SCMB · Schwab Municipal Bond ETF 2.1%
- SHM vs CMF · iShares California Muni Bond ETF 2.0%
- SHM vs MUB · iShares National Muni Bond ETF 1.9%
Percentages are holdings overlap with the named fund.
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.