{
  "page": "compare",
  "query": {
    "a": "DFNM",
    "b": "BSMS"
  },
  "retrieved_at": "2026-07-07T17:34:37+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": "Dimensional National Municipal Bond ETF",
    "ticker": "DFNM",
    "slug": "DFNM",
    "series_id": "S000073562",
    "html_url": "https://fundwatcher.app/funds/DFNM/"
  },
  "fund_b": {
    "name": "Invesco BulletShares 2028 Municipal Bond ETF",
    "ticker": "BSMS",
    "slug": "BSMS",
    "series_id": "S000062841",
    "html_url": "https://fundwatcher.app/funds/BSMS/"
  },
  "overlap": {
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    "coverage_b_by_a": "0.01913726646149117787531707489",
    "shared_count": 38,
    "as_of": {
      "a": "2026-04-30",
      "b": "2026-02-28"
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      {
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      {
        "name": "SALES TAX SECURITIZATION CORP",
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      {
        "name": "CITY OF NORFOLK VA",
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      {
        "name": "PINELLAS COUNTY SCHOOL BOARD",
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      {
        "name": "CHARLOTTE MECKLENBURG NC HOSP CHAMED 01/37 ADJUSTABLE VAR",
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        "name": "NY ST DORM AUTH-A",
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        "name": "ESSEX CNTY NJ IMPT AUTH",
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      {
        "name": "COUNTY OF MONTGOMERY MD",
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      {
        "name": "COUNTY OF MONTGOMERY MD",
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      {
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        "name": "COUNTY OF FAIRFAX VA",
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      {
        "name": "CITY OF MADISON WI",
        "value": "6374827.05",
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        "name": "HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE",
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        "name": "Louisville/Jefferson County Metropolitan Government",
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        "name": "CHICAGO O HARE INTERNATIONAL AIRPORT",
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      {
        "name": "UNIV TX SYS BRD-A",
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        "weight": "0.00291765",
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        "name": "NYC-F-5",
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        "name": "CITY OF FORT COLLINS CO ELECTRIC UTILITY ENTERPRIS",
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      {
        "name": "QUINCY MA",
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        "name": "GREATER TEXOMA UTILITY AUTHORITY",
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    "b_top": [
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        "name": "TX WTR DEV BRD-B",
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      {
        "name": "TRIBOROUGH NY BRIDGE & TUNNEL TRIBOROUGH BRIDGE & TUNNEL AUTHORITY",
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      {
        "name": "N TX TOLLWAY AUTH REVENUE",
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        "weight": "0.00422185",
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        "name": "Los Angeles Department of Water & Power, Series 2025A",
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      {
        "name": "Los Angeles Unified School District, Series 2018B-1",
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        "weight": "0.00397956",
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      {
        "name": "Montana (State of) Facility Finance Authority (Bozeman Deaconess Health Services Obligated Group), Series 2018, RB",
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      {
        "name": "State of Illinois, Series D",
        "value": "969285.53",
        "weight": "0.00352017",
        "shared": false
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      {
        "name": "Los Angeles Unified School District, Series 2018B-1",
        "value": "954859.50",
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      {
        "name": "GRAND PKWY TRANSPRTN",
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        "weight": "0.00324786",
        "shared": false
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      {
        "name": "Orlando (City of), FL, Series 2018 B, RB",
        "value": "837838.61",
        "weight": "0.00304279",
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      {
        "name": "LONG ISLAND NY PWR AU",
        "value": "834990.23",
        "weight": "0.00303245",
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      {
        "name": "State of New Jersey, Series 2020A",
        "value": "820381.72",
        "weight": "0.00297939",
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      {
        "name": "ILL ST TOLL 5% 1/1/2042",
        "value": "800269.96",
        "weight": "0.00290635",
        "shared": false
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      {
        "name": "STATE OF NEW YORK SALES TAX REVENUE 5.0% 03-15-48",
        "value": "696402.83",
        "weight": "0.00252914",
        "shared": false
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      {
        "name": "STATE OF NEW JERSEY 5.0% 12-15-32",
        "value": "690405.03",
        "weight": "0.00250735",
        "shared": false
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      {
        "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": false
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      {
        "name": "STATE OF OHIO",
        "value": "655106.25",
        "weight": "0.00237916",
        "shared": true
      },
      {
        "name": "State of California, Series 2018",
        "value": "645766.38",
        "weight": "0.00234524",
        "shared": false
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      {
        "name": "NY DORM AUTH-C-REF",
        "value": "632162.82",
        "weight": "0.00229583",
        "shared": false
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      {
        "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
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      {
        "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": false
      },
      {
        "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
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0001004726-26-005679",
      "as_of": "2026-04-30",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1816125/000100472626005679/0001004726-26-005679-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "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"
    }
  ]
}