SHM vs VTES
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF against Vanguard Short-Term Tax-Exempt Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
7%
274 shared positions
Fee gap
15 bp
VTES is cheaper
1-year return gap
0.0 pts
VTES is ahead
Larger fund
SHM
$3.5B
Side by side
| SHM | VTES | |
|---|---|---|
| Fund | State Street SPDR Nuveen ICE Short Term Municipal Bond ETF | Vanguard Short-Term Tax-Exempt Bond ETF |
| Issuer | State Street SPDR | Vanguard |
| Category | Short Muni | Short Muni |
| Expense ratio | 0.20% | 0.05% |
| Assets | $3.5B | $2.0B |
| Average daily dollar volume | $30M | $92M |
| Listed | Oct 10, 2007 | Mar 8, 2023 |
| FrenzyCap score | 81 | 96 |
| 1-month return | +0.0% | +0.4% |
| 3-month return | −1.0% | −0.7% |
| Year to date | −1.9% | −1.9% |
| 1-year return | −2.1% | −2.0% |
| 30-day volatility | 3.3% | 3.2% |
| Worst drawdown, 1 year | −4.2% | −4.5% |
| Trailing 12-month yield | 2.73% | 2.70% |
| Holdings | 1,109 | 4,001 |
| Top 10 weight | 4.8% | 3.2% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$24M thru Jun 2026 | +$246M thru May 2026 |
| 30-day implied volatility | 49.6% | 15.2% |
| 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
31% of SHM · 9% of VTES| Holding | SHM | VTES |
|---|---|---|
| ILS 5.000 11/01/28, due Nov 1, 2028 | 0.24% | 0.24% |
| CAS 5.000 08/01/30, due Aug 1, 2030 | 0.31% | 0.24% |
| NJS 4.000 06/01/31, due Jun 1, 2031 | 0.24% | 0.18% |
| CAS 5.000 08/01/31, due Aug 1, 2031 | 0.34% | 0.15% |
| TOHUTL 5.000 10/01/30, due Oct 1, 2030 | 0.15% | 0.16% |
| UNVHGR 5.000 05/15/30, due May 15, 2030 | 0.15% | 0.18% |
| NJSDEV 5.000 03/01/28, due Mar 1, 2028 | 0.16% | 0.14% |
| TRBTRN 5.000 11/15/28, due Nov 15, 2028 | 0.40% | 0.14% |
| GPTTRN 5.000 10/01/52, due Oct 1, 2052 | 0.15% | 0.11% |
| NYCGEN 5.000 11/01/29, due Nov 1, 2029 | 0.11% | 0.13% |
| NJS 5.000 06/01/29, due Jun 1, 2029 | 0.10% | 0.13% |
| LOSUTL 5.000 07/01/30, due Jul 1, 2030 | 0.15% | 0.10% |
| NYCGEN 5.000 11/01/30, due Nov 1, 2030 | 0.11% | 0.10% |
| NCMPWR 5.000 01/01/30, due Jan 1, 2030 | 0.12% | 0.09% |
| NYC 5.000 08/01/28, due Aug 1, 2028 | 0.09% | 0.09% |
| ILS 5.000 02/01/28, due Feb 1, 2028 | 0.15% | 0.08% |
| TRBTRN 5.000 03/15/29, due Mar 15, 2029 | 0.15% | 0.08% |
| PAS 5.000 09/01/28, due Sep 1, 2028 | 0.18% | 0.07% |
| MOSTRN 5.000 05/01/31, due May 1, 2031 | 0.10% | 0.07% |
| NJS 4.000 06/01/30, due Jun 1, 2030 | 0.07% | 0.24% |
| NYC 5.000 08/01/31, due Aug 1, 2031 | 0.07% | 0.07% |
| NYCGEN 5.000 05/01/29, due May 1, 2029 | 0.07% | 0.08% |
| NYC 5.000 08/01/29, due Aug 1, 2029 | 0.23% | 0.06% |
| AQUWTR 5.250 02/01/31, due Feb 1, 2031 | 0.06% | 0.16% |
| CYSSCD 5.000 02/15/29, due Feb 15, 2029 | 0.06% | 0.07% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · SHM holdings · VTES 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.