FTMS vs SHM
Franklin Short-Term Municipal Income ETF against State Street SPDR Nuveen ICE Short Term Municipal Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
2%
19 shared positions
Fee gap
1 bp
SHM is cheaper
1-year return gap
—
Larger fund
SHM
$3.5B
Side by side
| FTMS | SHM | |
|---|---|---|
| Fund | Franklin Short-Term Municipal Income ETF | State Street SPDR Nuveen ICE Short Term Municipal Bond ETF |
| Issuer | Franklin Templeton | State Street SPDR |
| Category | Short Muni | Short Muni |
| Expense ratio | 0.21% | 0.20% |
| Assets | $209M | $3.5B |
| Average daily dollar volume | $2.9M | $30M |
| Listed | May 22, 2018 | Oct 10, 2007 |
| FrenzyCap score | 62 | 81 |
| 1-month return | 0.0% | +0.0% |
| 3-month return | −1.0% | −1.0% |
| Year to date | −1.4% | −1.9% |
| 1-year return | — | −2.1% |
| 30-day volatility | 3.3% | 3.3% |
| Worst drawdown, 1 year | −3.5% | −4.2% |
| Trailing 12-month yield | 3.09% | 2.73% |
| Holdings | 267 | 1,109 |
| Top 10 weight | 9.9% | 4.8% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | — | +$24M thru Jun 2026 |
| 30-day implied volatility | — | 49.6% |
| Holdings as of | as of Oct 20, 2026issuer data | as of Oct 20, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
9% of FTMS · 2% of SHM| Holding | FTMS | SHM |
|---|---|---|
| KY PUB ENERGY AU FRN 6/55, due Jun 1, 2055 | 0.43% | 0.32% |
| MAIN STREET NATU FRN 7/52, due Jul 1, 2052 | 0.93% | 0.20% |
| TENNERGY CORP-A FRN 12/51, due Dec 1, 2051 | 0.63% | 0.17% |
| MAIN STREET NTRL FRN 5/52, due May 1, 2052 | 0.42% | 0.16% |
| ST JOHN THE BAPT FRN 6/37, due Jun 1, 2037 | 0.21% | 0.16% |
| TARRANT CO EDU FRN 11/64, due Nov 15, 2064 | 0.74% | 0.15% |
| MAIN STREET NATU FRN 4/54, due Apr 1, 2054 | 0.22% | 0.15% |
| NEW JERSEY ST-A 5 6/29, due Jun 1, 2029 | 0.21% | 0.10% |
| FORSYTH -POLL 3.875 7/28, due Jul 1, 2028 | 0.55% | 0.09% |
| WA HLTH CARE FACS 5 10/30, due Oct 1, 2030 | 0.27% | 0.08% |
| S E ENERGY AUTH- FRN 1/53, due Jan 1, 2053 | 0.22% | 0.08% |
| MAIN STREET NAT FRN 8/52, due Aug 1, 2052 | 0.84% | 0.07% |
| LANCASTER PORT A FRN 2/55, due Feb 1, 2055 | 0.54% | 0.07% |
| MESQUITE HSG FIN FRN 9/60, due Sep 1, 2060 | 0.52% | 0.07% |
| LOUISIANA PUB FACS 5 5/30, due May 15, 2030 | 0.44% | 0.06% |
| OH AIR QUALITY D FRN 8/34, due Aug 1, 2034 | 0.42% | 0.06% |
| CASS WTR RESOUR 3.45 4/27, due Apr 1, 2027 | 0.42% | 0.05% |
| NORTHSIDE TX IND FRN 8/53, due Aug 1, 2053 | 0.63% | 0.04% |
| COLUMBUS-FRANKLI FRN 6/44, due Jun 1, 2044 | 0.42% | 0.03% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · FTMS holdings · SHM holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.