{
  "page": "compare",
  "query": {
    "a": "BSMS",
    "b": "APMU"
  },
  "retrieved_at": "2026-07-07T18:44:32+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "Invesco BulletShares 2028 Municipal Bond ETF",
    "ticker": "BSMS",
    "slug": "BSMS",
    "series_id": "S000062841",
    "html_url": "https://fundwatcher.app/funds/BSMS/"
  },
  "fund_b": {
    "name": "ActivePassive Intermediate Municipal Bond ETF",
    "ticker": "APMU",
    "slug": "APMU",
    "series_id": "S000075231",
    "html_url": "https://fundwatcher.app/funds/APMU/"
  },
  "overlap": {
    "coverage_a_by_b": "0.03127801848847458885458655964",
    "coverage_b_by_a": "0.03127801848847458885458655961",
    "shared_count": 125,
    "as_of": {
      "a": "2026-02-28",
      "b": "2026-02-28"
    },
    "a_top": [
      {
        "name": "TX WTR DEV BRD-B",
        "value": "1526343.72",
        "weight": "0.00554324",
        "shared": false
      },
      {
        "name": "TRIBOROUGH NY BRIDGE & TUNNEL TRIBOROUGH BRIDGE & TUNNEL AUTHORITY",
        "value": "1176458.24",
        "weight": "0.00427256",
        "shared": false
      },
      {
        "name": "N TX TOLLWAY AUTH REVENUE",
        "value": "1162494.45",
        "weight": "0.00422185",
        "shared": false
      },
      {
        "name": "Los Angeles Department of Water & Power, Series 2025A",
        "value": "1101546.18",
        "weight": "0.00400050",
        "shared": false
      },
      {
        "name": "Los Angeles Unified School District, Series 2018B-1",
        "value": "1095779.03",
        "weight": "0.00397956",
        "shared": false
      },
      {
        "name": "Montana (State of) Facility Finance Authority (Bozeman Deaconess Health Services Obligated Group), Series 2018, RB",
        "value": "1010560.70",
        "weight": "0.00367007",
        "shared": false
      },
      {
        "name": "State of Illinois, Series D",
        "value": "969285.53",
        "weight": "0.00352017",
        "shared": true
      },
      {
        "name": "Los Angeles Unified School District, Series 2018B-1",
        "value": "954859.50",
        "weight": "0.00346778",
        "shared": false
      },
      {
        "name": "GRAND PKWY TRANSPRTN",
        "value": "894304.82",
        "weight": "0.00324786",
        "shared": false
      },
      {
        "name": "Orlando (City of), FL, Series 2018 B, RB",
        "value": "837838.61",
        "weight": "0.00304279",
        "shared": false
      },
      {
        "name": "LONG ISLAND NY PWR AU",
        "value": "834990.23",
        "weight": "0.00303245",
        "shared": false
      },
      {
        "name": "State of New Jersey, Series 2020A",
        "value": "820381.72",
        "weight": "0.00297939",
        "shared": false
      },
      {
        "name": "ILL ST TOLL 5% 1/1/2042",
        "value": "800269.96",
        "weight": "0.00290635",
        "shared": false
      },
      {
        "name": "STATE OF NEW YORK SALES TAX REVENUE 5.0% 03-15-48",
        "value": "696402.83",
        "weight": "0.00252914",
        "shared": false
      },
      {
        "name": "STATE OF NEW JERSEY 5.0% 12-15-32",
        "value": "690405.03",
        "weight": "0.00250735",
        "shared": false
      },
      {
        "name": "NV CLA 5 05/01/2048",
        "value": "665149.10",
        "weight": "0.00241563",
        "shared": false
      },
      {
        "name": "NJ TRANSPRTN TRUST-A",
        "value": "662359.45",
        "weight": "0.00240550",
        "shared": true
      },
      {
        "name": "STATE OF OHIO",
        "value": "655106.25",
        "weight": "0.00237916",
        "shared": false
      },
      {
        "name": "State of California, Series 2018",
        "value": "645766.38",
        "weight": "0.00234524",
        "shared": false
      },
      {
        "name": "NY DORM AUTH-C-REF",
        "value": "632162.82",
        "weight": "0.00229583",
        "shared": false
      },
      {
        "name": "Connecticut (State of), Series 2018 C, GO Bonds",
        "value": "631022.55",
        "weight": "0.00229169",
        "shared": false
      },
      {
        "name": "PECOS BARSTOW TOYAH TX INDEP SCH DIST",
        "value": "628267.62",
        "weight": "0.00228169",
        "shared": false
      },
      {
        "name": "NYC WTR 5% 6/15/2040",
        "value": "625288.59",
        "weight": "0.00227087",
        "shared": false
      },
      {
        "name": "New York (City of), NY, Series 2020 B-1, Ref. GO Bonds",
        "value": "623734.78",
        "weight": "0.00226523",
        "shared": false
      },
      {
        "name": "State of California",
        "value": "618434.51",
        "weight": "0.00224598",
        "shared": false
      },
      {
        "name": "State of California, Series 2019",
        "value": "610980.28",
        "weight": "0.00221891",
        "shared": false
      },
      {
        "name": "Triborough Bridge & Tunnel Authority, Series 2018 B, Ref. RB",
        "value": "609913.60",
        "weight": "0.00221503",
        "shared": false
      },
      {
        "name": "Los Angeles (County of), CA Metropolitan Transportation Authority (Green Bonds), Series 2020, RB",
        "value": "606232.12",
        "weight": "0.00220166",
        "shared": false
      },
      {
        "name": "NY MTA TRANSP 4% 11/15/2035",
        "value": "601733.68",
        "weight": "0.00218532",
        "shared": false
      },
      {
        "name": "PENNSYLVANIA ST-1ST",
        "value": "596291.85",
        "weight": "0.00216556",
        "shared": false
      },
      {
        "name": "New York City Transitional Finance Authority Future Tax Secured Revenue",
        "value": "595231.06",
        "weight": "0.00216171",
        "shared": false
      },
      {
        "name": "State of California, Series 2022",
        "value": "588204.60",
        "weight": "0.00213619",
        "shared": false
      },
      {
        "name": "State of Illinois, Series 2020B",
        "value": "586120.54",
        "weight": "0.00212862",
        "shared": true
      },
      {
        "name": "PENNSYLVANIA TURNPIKE COMMISSI PASTRN 12/43 FIXED 5",
        "value": "584910.20",
        "weight": "0.00212423",
        "shared": false
      },
      {
        "name": "N TX TOLLWAY AUTH REVENUE",
        "value": "582751.29",
        "weight": "0.00211639",
        "shared": false
      },
      {
        "name": "UNIV OF CALIFORNIA-AZ",
        "value": "579829.33",
        "weight": "0.00210577",
        "shared": false
      },
      {
        "name": "NEW YORK-D-SUBSER D1",
        "value": "577586.86",
        "weight": "0.00209763",
        "shared": false
      },
      {
        "name": "Los Angeles Unified School District, Series 2018B-1",
        "value": "575240.91",
        "weight": "0.00208911",
        "shared": false
      },
      {
        "name": "New York (City of), NY, Subseries 2024 C-1, GO Bonds",
        "value": "572887.58",
        "weight": "0.00208056",
        "shared": false
      },
      {
        "name": "STATE OF CALIFORNIA 5.0% 11-01-28",
        "value": "561460.12",
        "weight": "0.00203906",
        "shared": false
      },
      {
        "name": "STATE OF NEW YORK ST AID WITHHLDG 5.0% 07-15-43",
        "value": "559425.80",
        "weight": "0.00203167",
        "shared": false
      },
      {
        "name": "NY DORM AUTH-C-REF",
        "value": "559297.55",
        "weight": "0.00203121",
        "shared": false
      },
      {
        "name": "NV LASGEN 5 07/01/2043",
        "value": "559076.69",
        "weight": "0.00203041",
        "shared": false
      },
      {
        "name": "NYC TRANS FIN-S-3",
        "value": "558663.84",
        "weight": "0.00202891",
        "shared": false
      },
      {
        "name": "New Jersey Transportation Trust Fund Authority",
        "value": "550707.99",
        "weight": "0.00200001",
        "shared": false
      },
      {
        "name": "State of Maryland, Series A2",
        "value": "545302.51",
        "weight": "0.00198038",
        "shared": false
      },
      {
        "name": "New York (City of), NY, Series 2020 C, Ref. GO Bonds",
        "value": "544928.78",
        "weight": "0.00197903",
        "shared": false
      },
      {
        "name": "Harris (County of), TX Toll Road Authority (The), Series 2022 A, Ref. RB",
        "value": "540104.12",
        "weight": "0.00196150",
        "shared": false
      },
      {
        "name": "Harris (County of), TX Toll Road Authority (The), Series 2018 A, Ref. RB",
        "value": "537286.48",
        "weight": "0.00195127",
        "shared": false
      },
      {
        "name": "STATE OF NEW YORK ST AID WITHHLDG 5.0% 07-15-35",
        "value": "534828.08",
        "weight": "0.00194234",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "ISHARES NATIONAL MUNI BOND ETF ISHARES NATIONAL MUNI BOND E",
        "value": "9030012.60",
        "weight": "0.03894527",
        "shared": false
      },
      {
        "name": "Mount Vernon Liquid Assets Portfolio, LLC",
        "value": "8760715.00",
        "weight": "0.03778383",
        "shared": false
      },
      {
        "name": "FRST AM-GV OB-X",
        "value": "3311995.13",
        "weight": "0.01428421",
        "shared": false
      },
      {
        "name": "TX TRANSPRTN-C-REF",
        "value": "2242709.31",
        "weight": "0.00967251",
        "shared": false
      },
      {
        "name": "MET TRANSPRTN AUTH NY REVENUE",
        "value": "2200873.40",
        "weight": "0.00949208",
        "shared": false
      },
      {
        "name": "STATE OF NEW YORK PERSONAL INCOME TAX REVENUE 5.0% 03-15-33",
        "value": "2058201.08",
        "weight": "0.00887675",
        "shared": false
      },
      {
        "name": "NJ TRANSPRTN TRUST-A",
        "value": "2034261.89",
        "weight": "0.00877351",
        "shared": false
      },
      {
        "name": "GREAT LAKES WTR -B",
        "value": "1990427.60",
        "weight": "0.00858446",
        "shared": false
      },
      {
        "name": "Snohomish County Housing Authority",
        "value": "1951192.28",
        "weight": "0.00841524",
        "shared": false
      },
      {
        "name": "STATE OF CALIFORNIA",
        "value": "1700703.62",
        "weight": "0.00733491",
        "shared": false
      },
      {
        "name": "Volusia County Educational Facility Authority, Series 2025, RB",
        "value": "1670510.70",
        "weight": "0.00720470",
        "shared": false
      },
      {
        "name": "PENNSYLVANIA ST COMMONWEALTH OF PENNSYLVANIA",
        "value": "1558846.89",
        "weight": "0.00672310",
        "shared": false
      },
      {
        "name": "SAN ANTONIO TX ELEC & GAS REVENUE",
        "value": "1541088.60",
        "weight": "0.00664652",
        "shared": false
      },
      {
        "name": "Pennsylvania Turnpike Commission",
        "value": "1481335.38",
        "weight": "0.00638881",
        "shared": false
      },
      {
        "name": "KY COMMONWEALTH-B-REF",
        "value": "1478134.50",
        "weight": "0.00637500",
        "shared": false
      },
      {
        "name": "NEW YORK NY",
        "value": "1445626.00",
        "weight": "0.00623480",
        "shared": false
      },
      {
        "name": "Capital Trust Authority",
        "value": "1439545.64",
        "weight": "0.00620857",
        "shared": false
      },
      {
        "name": "State of Illinois Sales Tax Revenue, Series 2025, RB",
        "value": "1422192.88",
        "weight": "0.00613373",
        "shared": false
      },
      {
        "name": "State of Ohio",
        "value": "1419844.02",
        "weight": "0.00612360",
        "shared": false
      },
      {
        "name": "LOS ANGELES DEPT-B",
        "value": "1414349.00",
        "weight": "0.00609990",
        "shared": false
      },
      {
        "name": "State of Connecticut Special Tax Revenue",
        "value": "1413182.16",
        "weight": "0.00609487",
        "shared": false
      },
      {
        "name": "Pennsylvania Turnpike Commission Registration Fee Revenue",
        "value": "1404375.43",
        "weight": "0.00605689",
        "shared": false
      },
      {
        "name": "TEMPLE UNIV-REF-FIRST",
        "value": "1385868.63",
        "weight": "0.00597707",
        "shared": false
      },
      {
        "name": "Maine Municipal Bond Bank, Series 2024A",
        "value": "1370109.90",
        "weight": "0.00590911",
        "shared": false
      },
      {
        "name": "Harris County Cultural Education Facilities Finance Corp",
        "value": "1368609.84",
        "weight": "0.00590264",
        "shared": false
      },
      {
        "name": "Illinois (State of) Finance Authority (The University of Chicago), Series 2024, RB",
        "value": "1364428.01",
        "weight": "0.00588460",
        "shared": false
      },
      {
        "name": "State of Maryland",
        "value": "1326583.57",
        "weight": "0.00572138",
        "shared": false
      },
      {
        "name": "District of Columbia",
        "value": "1198381.60",
        "weight": "0.00516846",
        "shared": false
      },
      {
        "name": "NYC TRANSITIONL-S-1",
        "value": "1189481.80",
        "weight": "0.00513008",
        "shared": false
      },
      {
        "name": "New York State Thruway Authority",
        "value": "1189079.40",
        "weight": "0.00512835",
        "shared": false
      },
      {
        "name": "State of Louisiana Gasoline & Fuels Tax Revenue",
        "value": "1186829.70",
        "weight": "0.00511864",
        "shared": false
      },
      {
        "name": "Pennsylvania Turnpike Commission",
        "value": "1185593.00",
        "weight": "0.00511331",
        "shared": false
      },
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "1172202.99",
        "weight": "0.00505556",
        "shared": false
      },
      {
        "name": "PHILADELPHIA-C-REF",
        "value": "1170177.70",
        "weight": "0.00504682",
        "shared": false
      },
      {
        "name": "State of California, Series 2025, GO Bonds",
        "value": "1164933.80",
        "weight": "0.00502421",
        "shared": false
      },
      {
        "name": "Miami Beach Redevelopment Agency",
        "value": "1162998.40",
        "weight": "0.00501586",
        "shared": false
      },
      {
        "name": "DOWNTWN PUB INFRA-A",
        "value": "1161749.10",
        "weight": "0.00501047",
        "shared": false
      },
      {
        "name": "NJ TRANSPRTN TRUST-AA",
        "value": "1154239.10",
        "weight": "0.00497808",
        "shared": false
      },
      {
        "name": "State of Florida",
        "value": "1137669.42",
        "weight": "0.00490662",
        "shared": false
      },
      {
        "name": "Lower Colorado River Authority, Series 2025",
        "value": "1130087.50",
        "weight": "0.00487392",
        "shared": false
      },
      {
        "name": "Wisconsin (State of) Health & Educational Facilities Authority (Unitypoint Health), Series 2024 B, Ref. RB",
        "value": "1104577.70",
        "weight": "0.00476390",
        "shared": false
      },
      {
        "name": "Oklahoma (State of) Capitol Improvement Authority, Series 2024 A, Ref. RB",
        "value": "1101414.70",
        "weight": "0.00475026",
        "shared": false
      },
      {
        "name": "MO HWYS & TRANSPRN -A",
        "value": "1089720.00",
        "weight": "0.00469982",
        "shared": false
      },
      {
        "name": "State of Florida",
        "value": "1071025.05",
        "weight": "0.00461919",
        "shared": false
      },
      {
        "name": "State of Connecticut",
        "value": "1069823.00",
        "weight": "0.00461401",
        "shared": true
      },
      {
        "name": "UNIV OF TEXAS TX UNIV REVENUES",
        "value": "1068830.90",
        "weight": "0.00460973",
        "shared": true
      },
      {
        "name": "District of Columbia, Series 2024 A, GO Bonds",
        "value": "1056792.52",
        "weight": "0.00455781",
        "shared": false
      },
      {
        "name": "Commonwealth Financing Authority, Series 2018, RB",
        "value": "1051961.10",
        "weight": "0.00453697",
        "shared": false
      },
      {
        "name": "Harris County-Houston Sports Authority, Series 2024A",
        "value": "1044312.60",
        "weight": "0.00450398",
        "shared": false
      },
      {
        "name": "Chicago Transit Authority Sales Tax Receipts Fund, Series 2024A",
        "value": "1030147.97",
        "weight": "0.00444289",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0001657201-26-000362",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1657201/000165720126000362/0001657201-26-000362-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0000894189-26-012794",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1141819/000089418926012794/0000894189-26-012794-index.htm"
    }
  ]
}