JMUB vs TFI
JPMorgan Municipal ETF against State Street SPDR Nuveen ICE Municipal Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
5%
136 shared positions
Fee gap
5 bp
JMUB is cheaper
1-year return gap
0.7 pts
JMUB is ahead
Larger fund
JMUB
$8.7B
Side by side
| JMUB | TFI | |
|---|---|---|
| Fund | JPMorgan Municipal ETF | State Street SPDR Nuveen ICE Municipal Bond ETF |
| Issuer | JPMorgan | State Street SPDR |
| Category | National Muni | National Muni |
| Expense ratio | 0.18% | 0.23% |
| Assets | $8.7B | $2.9B |
| Average daily dollar volume | $176M | $73M |
| Listed | Oct 29, 2018 | Sep 11, 2007 |
| FrenzyCap score | 90 | 82 |
| 1-month return | −0.5% | −0.5% |
| 3-month return | −2.8% | −3.3% |
| Year to date | −4.5% | −5.2% |
| 1-year return | −4.9% | −5.6% |
| 30-day volatility | 6.1% | 6.7% |
| Worst drawdown, 1 year | −7.8% | −8.8% |
| Trailing 12-month yield | 3.55% | 3.73% |
| Holdings | 2,181 | 2,026 |
| Top 10 weight | 5.5% | 1.9% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$751M thru May 2026 | +$54M thru Jun 2026 |
| 30-day implied volatility | — | 6.3% |
| 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
12% of JMUB · 7% of TFI| Holding | JMUB | TFI |
|---|---|---|
| ALABAMA TOLL RD 5% 10/32, due Oct 1, 2032 | 0.60% | 0.12% |
| CALIFORNIA VAR 02/52, due Feb 1, 2052 | 0.30% | 0.10% |
| SOUTHEAST VAR 12/51, due Dec 1, 2051 | 0.10% | 0.08% |
| MASSACHUSETTS 5.25% 02/50, due Feb 15, 2050 | 0.09% | 0.08% |
| SAN ANTONIO TEX VAR 02/55, due Feb 1, 2055 | 0.30% | 0.07% |
| CENTRAL PLAINS VAR 08/55, due Aug 1, 2055 | 0.26% | 0.07% |
| CALIFORNIA VAR 02/55, due Feb 1, 2055 | 0.21% | 0.07% |
| CHICAGO ILL TRAN 5% 12/49, due Dec 1, 2049 | 0.15% | 0.07% |
| COLORADO HEALTH 5% 08/44, due Aug 1, 2044 | 0.14% | 0.07% |
| TENNERGY CORP VAR 12/51, due Dec 1, 2051 | 0.12% | 0.07% |
| TRIBOROUGH BRDG 5% 11/49, due Nov 15, 2049 | 0.11% | 0.07% |
| INDIANA FIN AUTH 5% 11/38, due Nov 1, 2038 | 0.09% | 0.07% |
| MAIN STR NAT VAR 06/53, due Jun 1, 2053 | 0.06% | 0.07% |
| BLACK BELT 5% 01/34, due Jan 1, 2034 | 0.21% | 0.06% |
| CALIFORNIA CMNTY 5% 07/35, due Jul 1, 2035 | 0.16% | 0.06% |
| BROOKHAVEN GA 4% 07/49, due Jul 1, 2049 | 0.10% | 0.06% |
| BUCKEYE OHIO TOB 4% 06/37, due Jun 1, 2037 | 0.07% | 0.06% |
| ENERGY VAR 11/53, due Nov 1, 2053 | 0.06% | 0.07% |
| NEW YORK N Y 5.25% 05/48, due May 1, 2048 | 0.06% | 0.07% |
| CALIFORNIA 3.25% 08/29, due Aug 1, 2029 | 0.06% | 0.07% |
| TAMPA BAY WTR 5% 10/55, due Oct 1, 2055 | 0.06% | 0.07% |
| CALIFORNIA 5% 08/35, due Aug 15, 2035 | 0.05% | 0.08% |
| MAIN STR NAT VAR 12/52, due Dec 1, 2052 | 0.35% | 0.05% |
| LOWER ALA GAS 5% 12/33, due Dec 1, 2033 | 0.26% | 0.05% |
| TOBACCO 5% 06/46, due Jun 1, 2046 | 0.18% | 0.05% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · JMUB holdings · TFI 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.