JMST vs SMMU
JPMorgan Ultra-Short Municipal Income ETF against PIMCO Short Term Municipal Bond Active Exchange-Traded Fund: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
1%
24 shared positions
Fee gap
17 bp
JMST is cheaper
1-year return gap
1.0 pts
JMST is ahead
Larger fund
JMST
$8.0B
Side by side
| JMST | SMMU | |
|---|---|---|
| Fund | JPMorgan Ultra-Short Municipal Income ETF | PIMCO Short Term Municipal Bond Active Exchange-Traded Fund |
| Issuer | JPMorgan | PIMCO |
| Category | Short Muni | Short Muni |
| Expense ratio | 0.18% | 0.35% |
| Assets | $8.0B | $1.2B |
| Average daily dollar volume | $95M | $12M |
| Listed | Oct 16, 2018 | Feb 1, 2010 |
| FrenzyCap score | 90 | 62 |
| 1-month return | +0.1% | +0.2% |
| 3-month return | −0.2% | −0.6% |
| Year to date | −0.3% | −1.1% |
| 1-year return | −0.3% | −1.3% |
| 30-day volatility | 1.0% | 2.6% |
| Worst drawdown, 1 year | −1.2% | −3.2% |
| Trailing 12-month yield | 2.56% | 2.89% |
| Holdings | 2,003 | 375 |
| Top 10 weight | 6.3% | 14.9% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$212M thru May 2026 | +$93M thru Jun 2026 |
| 30-day implied volatility | 4.3% | — |
| Holdings as of | as of Oct 21, 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
1% of JMST · 5% of SMMU| Holding | JMST | SMMU |
|---|---|---|
| HARRIS CNTY TEX VAR 07/54, due Jul 1, 2054 | 0.13% | 0.17% |
| INDIANA FIN VAR 10/62, due Oct 1, 2062 | 0.08% | 0.17% |
| BLACK BELT 5% 12/31, due Dec 1, 2031 | 0.30% | 0.04% |
| COLORADO HEALTH VAR 11/58, due Nov 15, 2058 | 0.04% | 0.08% |
| ATLANTA GA VAR 11/44, due Nov 1, 2044 | 0.03% | 0.14% |
| LOUISIANA HSG VAR 04/28, due Apr 1, 2028 | 0.03% | 0.18% |
| WAYCROSS GA HSG VAR 04/28, due Apr 1, 2028 | 0.03% | 0.14% |
| ENERGY NORTHWEST 5% 07/27, due Jul 1, 2027 | 0.02% | 0.41% |
| INDIANA ST FIN 5% 11/28, due Nov 15, 2028 | 0.02% | 0.36% |
| ARKANSAS ST DEV VAR 07/57, due Jul 1, 2057 | 0.02% | 0.23% |
| NEW YORK N Y GEN 5% 08/30, due Aug 1, 2030 | 0.02% | 0.10% |
| DALLAS FORT 5% 11/28, due Nov 1, 2028 | 0.01% | 0.17% |
| MARICOPA CNTY VAR 01/53, due Jan 1, 2053 | 0.01% | 0.23% |
| KENTUCKY ST PPTY 5% 11/28, due Nov 1, 2028 | 0.01% | 0.15% |
| ILLINOIS FIN 5% 02/28, due Feb 15, 2028 | 0.01% | 0.70% |
| NEBRASKA PUB PWR 5% 07/28, due Jul 1, 2028 | 0.01% | 0.14% |
| NEW JERSEY ST 5% 06/28, due Jun 1, 2028 | 0.01% | 0.17% |
| METROPOLITAN VAR 10/28, due Oct 1, 2028 | 0.00% | 0.06% |
| BURKE CNTY GA VAR 11/53, due Nov 1, 2053 | 0.00% | 0.35% |
| ILLINOIS ST GO 5% 10/28, due Oct 1, 2028 | 0.00% | 0.27% |
| NEW JERSEY 5% 03/28, due Mar 1, 2028 | 0.00% | 0.18% |
| NORTH TEX TWY 5% 01/27, due Jan 1, 2027 | 0.00% | 0.22% |
| CONNECTICUT ST 5% 11/28, due Nov 15, 2028 | 0.00% | 0.13% |
| CONNECTICUT ST 5% 07/27, due Jul 1, 2027 | 0.00% | 0.06% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · JMST holdings · SMMU 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.