SHM vs STAX
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF against Nomura Tax-Free USA Short Term ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
1%
11 shared positions
Fee gap
9 bp
SHM is cheaper
1-year return gap
0.3 pts
SHM is ahead
Larger fund
SHM
$3.5B
Side by side
| SHM | STAX | |
|---|---|---|
| Fund | State Street SPDR Nuveen ICE Short Term Municipal Bond ETF | Nomura Tax-Free USA Short Term ETF |
| Issuer | State Street SPDR | Nomura |
| Category | Short Muni | Short Muni |
| Expense ratio | 0.20% | 0.29% |
| Assets | $3.5B | $13M |
| Average daily dollar volume | $30M | $111K |
| Listed | Oct 10, 2007 | Nov 28, 2023 |
| FrenzyCap score | 81 | 35 |
| 1-month return | +0.0% | −0.1% |
| 3-month return | −1.0% | −1.3% |
| Year to date | −1.9% | −2.0% |
| 1-year return | −2.1% | −2.4% |
| 30-day volatility | 3.3% | 3.1% |
| Worst drawdown, 1 year | −4.2% | −4.2% |
| Trailing 12-month yield | 2.73% | 3.18% |
| Holdings | 1,109 | 96 |
| Top 10 weight | 4.8% | 18.1% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$24M thru Jun 2026 | +$7.0M thru Jun 2026 |
| 30-day implied volatility | 49.6% | — |
| Holdings as of | as of Oct 20, 2026issuer data | as of Jun 30, 2026SEC filing |
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 SHM · 11% of STAX| Holding | SHM | STAX |
|---|---|---|
| CCEDEV 5.250 11/01/54, due Nov 1, 2054 | 0.28% | 0.79% |
| BBEUTL 5.250 02/01/53, due Feb 1, 2053 | 0.23% | 0.75% |
| MAIUTL 5.000 12/01/52, due Dec 1, 2052 | 0.23% | 1.17% |
| MAIUTL 5.000 05/01/54, due May 1, 2054 | 0.16% | 1.19% |
| MINMED 5.000 11/15/53, due Nov 15, 2053 | 0.13% | 1.49% |
| NJS 5.000 06/01/29, due Jun 1, 2029 | 0.10% | 1.60% |
| ORSFAC 5.000 06/01/30, due Jun 1, 2030 | 0.09% | 1.09% |
| TXSTRN 5.000 12/31/31, due Dec 31, 2031 | 0.09% | 0.40% |
| SLTPWR 5.500 12/01/29, due Dec 1, 2029 | 0.04% | 1.20% |
| CMNGEN 5.000 06/01/31, due Jun 1, 2031 | 0.03% | 1.17% |
| ILS 5.000 03/01/30, due Mar 1, 2030 | 0.03% | 0.52% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · SHM holdings · STAX 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.