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ETF comparison

JMUB vs VTEB

Both US Municipal Bond.

JPMorgan Municipal ETF · Vanguard Tax-Exempt Bond Index Fund ETF Shares

Holdings overlap

Weighted by ISIN/CUSIP
3.4 %

269 positions appear in both funds. Buying equal dollars of JMUB and VTEB would leave roughly 3.4% of each dollar exposed to the same underlying securities.

JMUB unmatched 88.4% Shared 3.4% VTEB unmatched 95.6%

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 JMUB only
1,816 positions
Shared
269 positions
In VTEB only
10,322 positions

Side by side

JMUB

JPMorgan Municipal ETF

JPMorgan · US Municipal Bond

91 composite / 100
Expense ratio
0.18%
Net assets
$9.04B
TTM yield
3.48%
Top-10 conc.
5.9%
VTEB

Vanguard Tax-Exempt Bond Index Fund ETF Shares

Vanguard · US Municipal Bond

97 composite / 100
Expense ratio
0.030%
Net assets
$56.69B
whole fund, 2 share classes
TTM yield
3.47%
Top-10 conc.
0.9%

Sub-score comparison

82
Cost
97
93
Tax efficiency
93
98
Liquidity
100
100
Concentration
100
—
Tracking quality
—
JMUB sub-score VTEB

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

Cost difference

VTEB is 15 bps cheaper than JMUB. On a $100,000 position that's about $150/yr more in fees for JMUB.

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 VTEB.

Top shared holdings

269 shared in total
# Holding In JMUB In VTEB Overlap
1 Ohio Water Development Authority Water Pollution Control Loan Fund 0.12% 0.08% 0.08%
2 New Jersey Transportation Trust Fund Authority 0.13% 0.06% 0.06%
3 Chicago Transit Authority Sales Tax Receipts Fund 0.16% 0.04% 0.04%
4 Triborough Bridge & Tunnel Authority 0.07% 0.04% 0.04%
5 New Jersey Transportation Trust Fund Authority 0.04% 0.04% 0.04%
6 Central Texas Turnpike System 0.10% 0.04% 0.04%
7 Massachusetts Development Finance Agency 0.06% 0.04% 0.04%
8 Monroe County Industrial Development Corp. 0.12% 0.04% 0.04%
9 New York City Transitional Finance Authority Future Tax Secured Revenue 0.17% 0.04% 0.04%
10 California Infrastructure & Economic Development Bank 0.06% 0.04% 0.04%
11 New York City Municipal Water Finance Authority 0.04% 0.04% 0.04%
12 State of Illinois 0.06% 0.03% 0.03%

Only in JMUB

1,816 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%
  • Connecticut State Health & Educational Facilities Authority 0.46%
  • County of Utah UT 0.40%
  • Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue 0.38%

Only in VTEB

10,322 total
  • City of New York NY 0.12%
  • University of California 0.11%
  • State of Idaho 0.10%
  • State of California 0.10%
  • State of Maryland 0.09%
  • New York State Thruway Authority 0.09%
  • Triborough Bridge & Tunnel Authority 0.09%
  • Dallas Independent School District 0.08%
  • Energy Northwest 0.08%
  • New York State Dormitory Authority 0.08%

Related comparisons

More comparisons with JMUB

More comparisons with VTEB

Percentages are holdings overlap with the named fund.

Open JMUB or VTEB at a brokerage

Both funds trade commission-free at major US brokerages.

Open at Fidelity

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.