SMMU vs SUB
PIMCO Short Term Municipal Bond Active Exchange-Traded Fund against iShares Short-Term National Muni Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
1%
33 shared positions
Fee gap
28 bp
SUB is cheaper
1-year return gap
0.3 pts
SUB is ahead
Larger fund
SUB
$13.0B
Side by side
| SMMU | SUB | |
|---|---|---|
| Fund | PIMCO Short Term Municipal Bond Active Exchange-Traded Fund | iShares Short-Term National Muni Bond ETF |
| Issuer | PIMCO | iShares |
| Category | Short Muni | Short Muni |
| Expense ratio | 0.35% | 0.07% |
| Assets | $1.2B | $13.0B |
| Average daily dollar volume | $12M | $156M |
| Listed | Feb 1, 2010 | Nov 5, 2008 |
| FrenzyCap score | 62 | 98 |
| 1-month return | +0.2% | +0.3% |
| 3-month return | −0.6% | −0.3% |
| Year to date | −1.1% | −1.2% |
| 1-year return | −1.3% | −1.1% |
| 30-day volatility | 2.6% | 2.4% |
| Worst drawdown, 1 year | −3.2% | −3.1% |
| Trailing 12-month yield | 2.89% | 2.58% |
| Holdings | 375 | 3,112 |
| Top 10 weight | 14.9% | 2.5% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$93M thru Jun 2026 | +$479M thru May 2026 |
| 30-day implied volatility | — | — |
| 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 SMMU · 2% of SUB| Holding | SMMU | SUB |
|---|---|---|
| NJ ECON DEV AUTH-RRR- *REPURCHASE OFFER* 5%, due Mar 1, 2028 | 0.18% | 0.31% |
| NEW JERSEY ST-A 5%, due Jun 1, 2028 | 0.17% | 0.15% |
| LONG ISLAND AUTH - B 3%, due Sep 1, 2028 | 0.31% | 0.13% |
| NE PUB PWR DT 5%, due Jul 1, 2028 | 0.14% | 0.11% |
| AQUARION WTR AUTH-B 5.25%, due Feb 1, 2031 | 0.15% | 0.09% |
| ILLINOIS ST 5.5%, due May 1, 2030 | 0.65% | 0.08% |
| SAN ANTONIO ELEC & -A 3.08%, due Dec 1, 2028 | 0.36% | 0.08% |
| CALIFORNIA ST-REF 5%, due Aug 1, 2028 | 0.29% | 0.07% |
| DALLAS ISD-A4, due Feb 15, 2029 | 0.58% | 0.07% |
| DALLAS & FORT WORTH-B 5%, due Nov 1, 2028 | 0.17% | 0.05% |
| CALIFORNIA ST-REF 5%, due Aug 1, 2027 | 0.22% | 0.04% |
| CHICAGO -B-REF-REV 5%, due Jan 1, 2029 | 0.17% | 0.03% |
| FORT BEND ISD-B-REF 3.8%, due Aug 1, 2028 | 1.11% | 0.03% |
| DENTON TX ISD-SER B2, due Aug 15, 2030 | 0.16% | 0.03% |
| ILLINOIS ST-B 5%, due May 1, 2029 | 0.25% | 0.03% |
| ENERGY NORTHWEST-A 5%, due Jul 1, 2031 | 0.02% | 0.03% |
| CHICAGO -B-REF-REV 5%, due Jan 1, 2028 | 0.12% | 0.02% |
| GRAND PKWY TRANSPRTN 5%, due Apr 1, 2028 | 0.20% | 0.02% |
| DALLAS-FORT WORTH 5%, due Nov 1, 2028 | 0.13% | 0.02% |
| CONNECTICUT ST-B-REF 5%, due Dec 1, 2030 | 0.21% | 0.02% |
| NORTHSIDE TX INDEP SC 3.1%, due Aug 1, 2029 | 0.39% | 0.02% |
| MD TRANSPRTN DEPT-C 5%, due Oct 1, 2029 | 0.53% | 0.02% |
| TX TRANSPRTN-B-REF 5%, due Aug 15, 2030 | 0.12% | 0.01% |
| CONNECTICUT ST-E 5%, due Nov 15, 2028 | 0.13% | 0.01% |
| SC PUB SVC AUTH-B-REF 5%, due Dec 1, 2028 | 0.20% | 0.01% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · SMMU holdings · SUB 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.