{
  "page": "compare",
  "query": {
    "a": "FSHSX",
    "b": "FSMB"
  },
  "retrieved_at": "2026-07-07T13:15:43+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": "Federated Hermes Short-Intermediate Municipal Fund",
    "ticker": "FSHSX",
    "slug": "FSHSX",
    "series_id": "S000009085",
    "html_url": "https://fundwatcher.app/funds/FSHSX/"
  },
  "fund_b": {
    "name": "First Trust Short Duration Managed Municipal ETF",
    "ticker": "FSMB",
    "slug": "FSMB",
    "series_id": "S000063445",
    "html_url": "https://fundwatcher.app/funds/FSMB/"
  },
  "overlap": {
    "coverage_a_by_b": "0.05816854277947383138182007898",
    "coverage_b_by_a": "0.05816854277947383138182007897",
    "shared_count": 28,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-04-30"
    },
    "a_top": [
      {
        "name": "Nuveen California AMT-Free Quality Municipal Income Fund, Series A",
        "value": "14100000.00",
        "weight": "0.03595242",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST INFRASTRUCTURE & REGD V/R B/E 1.20000000",
        "value": "9480214.00",
        "weight": "0.02417281",
        "shared": false
      },
      {
        "name": "West Jefferson Industrial Development Board",
        "value": "8800000.00",
        "weight": "0.02243839",
        "shared": false
      },
      {
        "name": "Columbia Industrial Development Board, Series 2014 D",
        "value": "7097477.10",
        "weight": "0.01809727",
        "shared": false
      },
      {
        "name": "State of Illinois, Series D",
        "value": "6582273.10",
        "weight": "0.01678359",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA(RCC) 5% 9/1/30MT 53",
        "value": "5955811.64",
        "weight": "0.01518623",
        "shared": false
      },
      {
        "name": "TN TGYPWR 12/01/2051",
        "value": "5553953.35",
        "weight": "0.01416156",
        "shared": false
      },
      {
        "name": "LOUISIANA ST OFFSHORE TERMINAL LOUISIANA OFFSHORE TERMINAL AUTHORITY",
        "value": "5485917.50",
        "weight": "0.01398809",
        "shared": false
      },
      {
        "name": "DFW ARPT 5% 11/1/2026",
        "value": "5345862.70",
        "weight": "0.01363097",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 5% MT",
        "value": "5292420.00",
        "weight": "0.01349470",
        "shared": false
      },
      {
        "name": "COLORADO ST HLTH FACS AUTH REV REGD V/R B/E 5.00000000",
        "value": "5083254.30",
        "weight": "0.01296137",
        "shared": false
      },
      {
        "name": "PORT OF SEATTLE WA REVENUE",
        "value": "4380822.00",
        "weight": "0.01117029",
        "shared": false
      },
      {
        "name": "GA PWR - SOUTHERN CO 18-1 V1",
        "value": "4220000.00",
        "weight": "0.01076023",
        "shared": true
      },
      {
        "name": "MEADE CNTY KY INDL BLDG REVENU REGD V/R B/E AMT 3.10000000",
        "value": "4150000.00",
        "weight": "0.01058174",
        "shared": false
      },
      {
        "name": "FARM N MEX PCR 0% 6/1/2040",
        "value": "4090132.80",
        "weight": "0.01042909",
        "shared": false
      },
      {
        "name": "FT BEND TX ISD 4% 8/1/2054",
        "value": "4061177.20",
        "weight": "0.01035526",
        "shared": false
      },
      {
        "name": "CHESAPEAKE VA REDEV & HSG AUTH MF HSG REVENUE",
        "value": "4006940.40",
        "weight": "0.01021696",
        "shared": false
      },
      {
        "name": "NJ EDA WTR 1.1% 11/1/2029 MT @",
        "value": "3859910.50",
        "weight": "0.00984207",
        "shared": false
      },
      {
        "name": "N TX TOLLWY AUTH-A",
        "value": "3562398.70",
        "weight": "0.00908346",
        "shared": false
      },
      {
        "name": "WISCONSIN ST HLTH & EDUCTNL FA WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORIT",
        "value": "3517046.05",
        "weight": "0.00896782",
        "shared": false
      },
      {
        "name": "LANSING MI WTR 2% MT",
        "value": "3497063.50",
        "weight": "0.00891687",
        "shared": false
      },
      {
        "name": "MONTGOMERY INDL 0% 10/1/2053 MT",
        "value": "3445833.49",
        "weight": "0.00878624",
        "shared": false
      },
      {
        "name": "SOUTHEAST ENRG 5% MT",
        "value": "3410598.75",
        "weight": "0.00869640",
        "shared": false
      },
      {
        "name": "PA PASMED 5 06/15/2031",
        "value": "3241552.50",
        "weight": "0.00826537",
        "shared": false
      },
      {
        "name": "Lancaster Port Authority, Series 2024A",
        "value": "3157243.80",
        "weight": "0.00805039",
        "shared": true
      },
      {
        "name": "MONRO NY 61075N 5% 7/1/2028",
        "value": "3073691.40",
        "weight": "0.00783735",
        "shared": false
      },
      {
        "name": "TX MATPOL 4.25 05/01/2030",
        "value": "3071261.40",
        "weight": "0.00783115",
        "shared": true
      },
      {
        "name": "WISE VA IDA SW 3.8% MT",
        "value": "3034236.90",
        "weight": "0.00773675",
        "shared": false
      },
      {
        "name": "GA BURPOL 11/01/2053",
        "value": "3009423.30",
        "weight": "0.00767348",
        "shared": true
      },
      {
        "name": "TX DEPT HSG & CMNTY",
        "value": "3002686.20",
        "weight": "0.00765630",
        "shared": false
      },
      {
        "name": "KNOXV TN 3.1% MT",
        "value": "3002270.10",
        "weight": "0.00765524",
        "shared": false
      },
      {
        "name": "DICKSON TN HLTH EDUCTNL & HSG FAC BRD MF REVENUE",
        "value": "3000779.70",
        "weight": "0.00765144",
        "shared": false
      },
      {
        "name": "Louisville/Jefferson County Metropolitan Government, Series 2005 A",
        "value": "2985568.20",
        "weight": "0.00761265",
        "shared": false
      },
      {
        "name": "SWEETWATER PCR",
        "value": "2982867.30",
        "weight": "0.00760577",
        "shared": false
      },
      {
        "name": "PHOENIX INDL DEV-A",
        "value": "2854118.78",
        "weight": "0.00727748",
        "shared": false
      },
      {
        "name": "Jefferson County, Alabama, Sewer Revenue Warrants, Series 2024",
        "value": "2816108.31",
        "weight": "0.00718056",
        "shared": false
      },
      {
        "name": "TX TRANSPRTN-B-REF",
        "value": "2673041.75",
        "weight": "0.00681577",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 5% MT",
        "value": "2654396.50",
        "weight": "0.00676823",
        "shared": true
      },
      {
        "name": "Harris County Cultural Education Facilities Finance Corp. (Baylor College of Medicine), Series 2024 A, RB",
        "value": "2634680.75",
        "weight": "0.00671795",
        "shared": false
      },
      {
        "name": "NE PUB PWR DT",
        "value": "2602591.50",
        "weight": "0.00663613",
        "shared": false
      },
      {
        "name": "WASTE MANAGEMENT INC 1.45% 04-01-27",
        "value": "2584991.00",
        "weight": "0.00659125",
        "shared": false
      },
      {
        "name": "GRAND PKWY TRANSPRTN",
        "value": "2584133.25",
        "weight": "0.00658907",
        "shared": false
      },
      {
        "name": "Chandler Industrial Development Authority, Series 2019",
        "value": "2531804.00",
        "weight": "0.00645564",
        "shared": false
      },
      {
        "name": "NY NY CITY HS 3.7% MT",
        "value": "2522848.75",
        "weight": "0.00643280",
        "shared": false
      },
      {
        "name": "WISCONSIN ST HLTH & EDUCTNL FA WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORIT",
        "value": "2510151.50",
        "weight": "0.00640043",
        "shared": false
      },
      {
        "name": "Wisconsin (State of) Public Finance Authority (Duke Energy Progress), Series 2022, Ref. RB",
        "value": "2502676.50",
        "weight": "0.00638137",
        "shared": true
      },
      {
        "name": "JPMorgan Chase Putters/Drivers Trust",
        "value": "2500000.00",
        "weight": "0.00637454",
        "shared": false
      },
      {
        "name": "STATE OF OHIO",
        "value": "2486257.00",
        "weight": "0.00633950",
        "shared": false
      },
      {
        "name": "TX MATPOL 2.6 11/01/2029",
        "value": "2238075.49",
        "weight": "0.00570668",
        "shared": false
      },
      {
        "name": "State of Illinois, Series D",
        "value": "2195402.53",
        "weight": "0.00559787",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "Southeast Energy Authority, Alabama, Revenue Bonds Cooperative District Energy Supply Series 2024C",
        "value": "6372370.20",
        "weight": "0.01078087",
        "shared": false
      },
      {
        "name": "County of Utah UT",
        "value": "5000000.00",
        "weight": "0.00845907",
        "shared": false
      },
      {
        "name": "OH OHSDEV 11/01/2039",
        "value": "4805848.92",
        "weight": "0.00813060",
        "shared": false
      },
      {
        "name": "Wisconsin (State of) Public Finance Authority (Duke Energy Progress), Series 2022, Ref. RB",
        "value": "4281206.10",
        "weight": "0.00724301",
        "shared": true
      },
      {
        "name": "St. John the Baptist (Parish of), LA (Marathon Oil Corp.), Series 2017, Ref. RB",
        "value": "4026151.60",
        "weight": "0.00681150",
        "shared": false
      },
      {
        "name": "Main Street Energy, Inc., Series D",
        "value": "3895478.03",
        "weight": "0.00659043",
        "shared": false
      },
      {
        "name": "Palm Beach (County of), FL Health Facilities Authority (ACTS Retirement-Life Communities, Inc.), Series 2016, Ref. RB",
        "value": "3743929.08",
        "weight": "0.00633403",
        "shared": false
      },
      {
        "name": "NYC MUNI WTR FIN-BB",
        "value": "3500000.00",
        "weight": "0.00592135",
        "shared": false
      },
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2025A",
        "value": "3481712.58",
        "weight": "0.00589041",
        "shared": true
      },
      {
        "name": "Black Belt Energy Gas District",
        "value": "3440432.23",
        "weight": "0.00582057",
        "shared": false
      },
      {
        "name": "BLACK BELT ENERGY GAS VAR",
        "value": "3420591.24",
        "weight": "0.00578701",
        "shared": false
      },
      {
        "name": "NM MUNI ENERGY ACQ AU",
        "value": "3381642.53",
        "weight": "0.00572111",
        "shared": false
      },
      {
        "name": "NEW YORK ST HSG FIN AGY AFFORDABLE HSG REVENUE",
        "value": "3143053.75",
        "weight": "0.00531746",
        "shared": false
      },
      {
        "name": "LOS ANGELES CA DEPT OF ARPTS A REGD B/E AMT 5.00000000",
        "value": "3142415.10",
        "weight": "0.00531638",
        "shared": false
      },
      {
        "name": "ALLEGHENY HOSP DEV-A",
        "value": "3092031.90",
        "weight": "0.00523114",
        "shared": false
      },
      {
        "name": "WHITING IN ENVRNMNTL FACS REVE REGD V/R B/E AMT 5.00000000",
        "value": "3075758.09",
        "weight": "0.00520361",
        "shared": false
      },
      {
        "name": "MD CMNTY DEV-D-2",
        "value": "3035471.70",
        "weight": "0.00513545",
        "shared": false
      },
      {
        "name": "UNITED AIRLINES INC 4.0% 07-15-29",
        "value": "3018532.20",
        "weight": "0.00510680",
        "shared": false
      },
      {
        "name": "WASTE MANAGEMENT INC (MPT) 3.45% 11-01-44",
        "value": "3000298.80",
        "weight": "0.00507595",
        "shared": false
      },
      {
        "name": "NEW YORK NY REGD V/R B/E 2.65000000",
        "value": "3000000.00",
        "weight": "0.00507544",
        "shared": true
      },
      {
        "name": "NORTH CAROLINA ST HSG FIN AGYM REGD V/R B/E 5.00000000",
        "value": "2906436.68",
        "weight": "0.00491715",
        "shared": false
      },
      {
        "name": "TX TMGUTL 01/01/2054",
        "value": "2845828.47",
        "weight": "0.00481461",
        "shared": false
      },
      {
        "name": "FARM N MEX PCR 0% 6/1/2040 MT",
        "value": "2815916.35",
        "weight": "0.00476401",
        "shared": false
      },
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024B",
        "value": "2731069.46",
        "weight": "0.00462046",
        "shared": false
      },
      {
        "name": "DFW ARPT 5% 11/1/2031 @",
        "value": "2725976.00",
        "weight": "0.00461185",
        "shared": false
      },
      {
        "name": "FLORIDA DEV FIN CORP HLTHCAREFACS REVENUE",
        "value": "2707992.75",
        "weight": "0.00458142",
        "shared": false
      },
      {
        "name": "City of Atlanta GA Department of Aviation",
        "value": "2697235.25",
        "weight": "0.00456322",
        "shared": false
      },
      {
        "name": "TN TNSUTL 05/01/2053",
        "value": "2573669.50",
        "weight": "0.00435417",
        "shared": false
      },
      {
        "name": "City of Philadelphia PA Airport Revenue",
        "value": "2566634.16",
        "weight": "0.00434227",
        "shared": false
      },
      {
        "name": "FAIRFAX C VA 5% 1/1/2045 MT",
        "value": "2555159.50",
        "weight": "0.00432286",
        "shared": false
      },
      {
        "name": "WASTE MANAGEMENT INC (MPT) 3.45% 10-01-41",
        "value": "2515175.25",
        "weight": "0.00425521",
        "shared": true
      },
      {
        "name": "NORTH BLOCK ASSOCIATES LLC HUD SECT 8 FHA 221(D)(4) (MPT) 3.4% 02-01-29",
        "value": "2511564.25",
        "weight": "0.00424910",
        "shared": false
      },
      {
        "name": "COUNTY OF TRIMBLE KY TRMENV 06/33 FIXED 3.75",
        "value": "2502465.75",
        "weight": "0.00423371",
        "shared": false
      },
      {
        "name": "ARKANSAS DEV FIN AUTH ENVIRONM REGD V/R B/E AMT 4.00000000",
        "value": "2495967.00",
        "weight": "0.00422271",
        "shared": false
      },
      {
        "name": "MOBILE PCR-VAR-AL PWR",
        "value": "2478086.00",
        "weight": "0.00419246",
        "shared": false
      },
      {
        "name": "MTRO WA DC ARPT 5% 10/1/2031 @",
        "value": "2455847.33",
        "weight": "0.00415484",
        "shared": false
      },
      {
        "name": "LEHIGH PA_IDA 3% 9/1/2029",
        "value": "2450784.00",
        "weight": "0.00414627",
        "shared": false
      },
      {
        "name": "INDIANAPOLIS IN LOCAL PUBLIC I REGD N/C B/E AMT 5.00000000",
        "value": "2438325.30",
        "weight": "0.00412519",
        "shared": false
      },
      {
        "name": "State of Illinois, Series C",
        "value": "2437731.08",
        "weight": "0.00412419",
        "shared": false
      },
      {
        "name": "NORTHWESTERN CORP 3.875% 07-01-28",
        "value": "2431955.57",
        "weight": "0.00411442",
        "shared": false
      },
      {
        "name": "HOUSTON-UTL SYS-B-REF",
        "value": "2424190.04",
        "weight": "0.00410128",
        "shared": false
      },
      {
        "name": "DE ST EDA 3.60% 1/1/31",
        "value": "2419505.95",
        "weight": "0.00409335",
        "shared": false
      },
      {
        "name": "PEFA INC VAR",
        "value": "2408907.05",
        "weight": "0.00407542",
        "shared": false
      },
      {
        "name": "TENNERGY CORP TN GAS REVENUE TENNERGY CORP/TN",
        "value": "2384879.46",
        "weight": "0.00403477",
        "shared": false
      },
      {
        "name": "NY TRANS CORP 5% 1/1/2032 @",
        "value": "2370014.59",
        "weight": "0.00400962",
        "shared": false
      },
      {
        "name": "SOUTHEAST ENERGY-F",
        "value": "2355034.34",
        "weight": "0.00398428",
        "shared": false
      },
      {
        "name": "SOUTHEAST ENERGY AUTH VAR",
        "value": "2342301.03",
        "weight": "0.00396274",
        "shared": false
      },
      {
        "name": "South Carolina Jobs-Economic Development Authority, Series 2023A",
        "value": "2313365.26",
        "weight": "0.00391378",
        "shared": false
      },
      {
        "name": "MTRO WA DC ARPT 5% 10/1/2035 @",
        "value": "2304524.08",
        "weight": "0.00389883",
        "shared": false
      },
      {
        "name": "NYC HSG DEV CORP-F-2A",
        "value": "2260772.92",
        "weight": "0.00382481",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0000353101-26-000007",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/353101/000035310126000007/0000353101-26-000007-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0000940400-26-025147",
      "as_of": "2026-04-30",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1424212/000094040026025147/0000940400-26-025147-index.htm"
    }
  ]
}