{
  "page": "compare",
  "query": {
    "a": "SFTEX",
    "b": "SHM"
  },
  "retrieved_at": "2026-07-07T17:22:12+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": "American Funds Short-Term Tax-Exempt Bond Fund",
    "ticker": "SFTEX",
    "slug": "SFTEX",
    "series_id": "S000009233",
    "html_url": "https://fundwatcher.app/funds/SFTEX/"
  },
  "fund_b": {
    "name": "State Street(R) SPDR Nuveen ICE Short Term Municipal Bond ETF",
    "ticker": "SHM",
    "slug": "SHM",
    "series_id": "S000017327",
    "html_url": "https://fundwatcher.app/funds/SHM/"
  },
  "overlap": {
    "coverage_a_by_b": "0.05040334063862108710211090109",
    "coverage_b_by_a": "0.05040334063862108710211090107",
    "shared_count": 60,
    "as_of": {
      "a": "2026-01-31",
      "b": "2026-03-31"
    },
    "a_top": [
      {
        "name": "UTILITY-TE-2",
        "value": "22289480.00",
        "weight": "0.00962619",
        "shared": false
      },
      {
        "name": "UNIV OF MICHIGAN MI REGD V/R B/E 2.40000000",
        "value": "18600000.00",
        "weight": "0.00803281",
        "shared": false
      },
      {
        "name": "PEFA INC VAR",
        "value": "18563433.92",
        "weight": "0.00801701",
        "shared": false
      },
      {
        "name": "WASTE MANAGEMENT INC (MPT) 4.6% 10-01-46",
        "value": "17594710.00",
        "weight": "0.00759865",
        "shared": false
      },
      {
        "name": "CA STWD CMNTYS DEV-A",
        "value": "16689206.50",
        "weight": "0.00720759",
        "shared": false
      },
      {
        "name": "MS BUS FIN-VAR-J-CHEV",
        "value": "15300000.00",
        "weight": "0.00660763",
        "shared": false
      },
      {
        "name": "TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES",
        "value": "14800000.00",
        "weight": "0.00639169",
        "shared": false
      },
      {
        "name": "MUNIBOND",
        "value": "13649080.50",
        "weight": "0.00589465",
        "shared": false
      },
      {
        "name": "ARIZONA ST INDL DEV AUTH MF HS REGD V/R B/E 5.00000000",
        "value": "12679041.55",
        "weight": "0.00547571",
        "shared": false
      },
      {
        "name": "WASTE MANAGEMENT INC (MPT) 4.25% 06-01-48",
        "value": "11466338.65",
        "weight": "0.00495198",
        "shared": false
      },
      {
        "name": "SOUTHEAST ENERGY AUTH VAR",
        "value": "10777338.33",
        "weight": "0.00465442",
        "shared": false
      },
      {
        "name": "Los Angeles (City of), CA, Series 2025, RN",
        "value": "10115010.00",
        "weight": "0.00436838",
        "shared": false
      },
      {
        "name": "State of Georgia, Series 2022C",
        "value": "10074610.00",
        "weight": "0.00435093",
        "shared": false
      },
      {
        "name": "WASTE MANAGEMENT INC (MPT) 3.875% 08-01-38",
        "value": "10029470.00",
        "weight": "0.00433144",
        "shared": false
      },
      {
        "name": "HOUSTON TX UTILITY SYS REVENUE REGD V/R B/E 3.45000000",
        "value": "10000000.00",
        "weight": "0.00431871",
        "shared": false
      },
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2025A",
        "value": "9957705.23",
        "weight": "0.00430045",
        "shared": true
      },
      {
        "name": "UTAH ST HSG CORP MF REVENUE REGD N/C B/E HUD SEC 3.62500000",
        "value": "9830000.00",
        "weight": "0.00424529",
        "shared": false
      },
      {
        "name": "UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000",
        "value": "9412139.07",
        "weight": "0.00406483",
        "shared": true
      },
      {
        "name": "VIRGINIA HSG DEV-G",
        "value": "9396183.77",
        "weight": "0.00405794",
        "shared": false
      },
      {
        "name": "State of Hawaii Department of Budget and Finance, The Queen's Health Systems, Series 2025B",
        "value": "9200000.00",
        "weight": "0.00397322",
        "shared": false
      },
      {
        "name": "MISSISSIPPI ST BUSINESS FIN COMMISSION GULF OPPORTUNITY ZONE",
        "value": "9200000.00",
        "weight": "0.00397322",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series F",
        "value": "9026444.36",
        "weight": "0.00389826",
        "shared": false
      },
      {
        "name": "State of Colorado, Series B",
        "value": "8949916.50",
        "weight": "0.00386521",
        "shared": false
      },
      {
        "name": "PREREF CENTRL FL EXPRESSWAY AUTH SR L REGD B/E PREREFUNDED 07/01/26 @ 100 4.00000000",
        "value": "8708428.37",
        "weight": "0.00376092",
        "shared": false
      },
      {
        "name": "BLACK BELT ENERGY GAS DISTRICT (MPT) 5.0% 03-01-55",
        "value": "8694931.42",
        "weight": "0.00375509",
        "shared": false
      },
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024B",
        "value": "8639945.58",
        "weight": "0.00373134",
        "shared": false
      },
      {
        "name": "NEW YORK MUNI WTR-AA2",
        "value": "8253699.75",
        "weight": "0.00356454",
        "shared": false
      },
      {
        "name": "PREREF BEXAR CNTY TX REGD B/E PREREFUNDED 06/15/26 @ 100 5.00000000",
        "value": "8077896.00",
        "weight": "0.00348861",
        "shared": false
      },
      {
        "name": "QUEEN'S HEALTH SYSTEMS OBLIGATED GROUP FRN 07-01-51",
        "value": "8000000.00",
        "weight": "0.00345497",
        "shared": false
      },
      {
        "name": "PALMDALE FAMILY HOUSING LP (MPT) 2.95% 01-01-56",
        "value": "7961034.80",
        "weight": "0.00343814",
        "shared": false
      },
      {
        "name": "STHRN CA PUB PWR-B",
        "value": "7840918.80",
        "weight": "0.00338627",
        "shared": false
      },
      {
        "name": "STATE OF NORTH CAROLINA 5.0% 06-01-29",
        "value": "7796649.18",
        "weight": "0.00336715",
        "shared": false
      },
      {
        "name": "MI HSG ST DEV AUTH-A",
        "value": "7767187.95",
        "weight": "0.00335443",
        "shared": false
      },
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2024A-1",
        "value": "7418313.00",
        "weight": "0.00320376",
        "shared": true
      },
      {
        "name": "NYC TRANSITIONAL-F-1",
        "value": "7405853.00",
        "weight": "0.00319838",
        "shared": false
      },
      {
        "name": "HOUSTON TX ISD",
        "value": "7319753.80",
        "weight": "0.00316119",
        "shared": false
      },
      {
        "name": "LOS ANGELES DEPT-C",
        "value": "7267291.79",
        "weight": "0.00313853",
        "shared": true
      },
      {
        "name": "CARROLLTON-FARMERS BRANCH INDEPENDENT SCHOOL DISTRICT PSF-GTD 5.0% 02-15-27",
        "value": "7197512.00",
        "weight": "0.00310840",
        "shared": false
      },
      {
        "name": "NORTH PORT PRESERVATION LTD DIVIDEND HOUSING ASSOCIATION LLC FHA 223(F) (MPT) 5.0% 08-01-27",
        "value": "7149353.68",
        "weight": "0.00308760",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority, Series B-1",
        "value": "7146357.68",
        "weight": "0.00308631",
        "shared": true
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB",
        "value": "7142265.79",
        "weight": "0.00308454",
        "shared": false
      },
      {
        "name": "WISE VA IDA SW 3.125% MT",
        "value": "7072009.00",
        "weight": "0.00305420",
        "shared": true
      },
      {
        "name": "NEW HAVEN UNIFIED SCHOOL DISTRICT AG 0.0% 08-01-29",
        "value": "7002963.00",
        "weight": "0.00302438",
        "shared": false
      },
      {
        "name": "TX EXXON 12 G=EXXON V1",
        "value": "7000000.00",
        "weight": "0.00302310",
        "shared": false
      },
      {
        "name": "NYC MUNI WTR FIN-DD",
        "value": "6931892.50",
        "weight": "0.00299369",
        "shared": false
      },
      {
        "name": "EXXON MOBIL CORP FRN 12-01-40",
        "value": "6800000.00",
        "weight": "0.00293672",
        "shared": false
      },
      {
        "name": "RUSH SYSTEM FOR HEALTH OBLIGATED GROUP 5.0% 11-15-30",
        "value": "6785843.75",
        "weight": "0.00293061",
        "shared": true
      },
      {
        "name": "PORT OF PORTLAND OR AIRPORT REVENUE 5.0% 07-01-31",
        "value": "6678432.00",
        "weight": "0.00288422",
        "shared": false
      },
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2022A-1",
        "value": "6555042.00",
        "weight": "0.00283093",
        "shared": true
      },
      {
        "name": "DICKSON TN HLTH EDUCTNL & HSG FAC BRD MF REVENUE",
        "value": "6518635.31",
        "weight": "0.00281521",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "SOUTHEAST ENERGY-E",
        "value": "31832046.00",
        "weight": "0.00925343",
        "shared": false
      },
      {
        "name": "NEW YORK NY REGD N/C B/E 5.00000000",
        "value": "31282618.09",
        "weight": "0.00909372",
        "shared": false
      },
      {
        "name": "STATE OF CALIFORNIA",
        "value": "23977674.27",
        "weight": "0.00697020",
        "shared": false
      },
      {
        "name": "NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE",
        "value": "21383898.00",
        "weight": "0.00621620",
        "shared": false
      },
      {
        "name": "STATE OF CALIFORNIA 5.0% 03-01-29",
        "value": "18162225.40",
        "weight": "0.00527968",
        "shared": false
      },
      {
        "name": "New York City Transitional Finance Authority Future Tax Secured Revenue",
        "value": "17897542.70",
        "weight": "0.00520274",
        "shared": false
      },
      {
        "name": "TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX",
        "value": "17495729.92",
        "weight": "0.00508593",
        "shared": false
      },
      {
        "name": "State of California",
        "value": "16932940.80",
        "weight": "0.00492233",
        "shared": false
      },
      {
        "name": "STATE OF CALIFORNIA",
        "value": "15874632.00",
        "weight": "0.00461468",
        "shared": false
      },
      {
        "name": "UNIV OF CALIFORNIA CA REVENUES",
        "value": "14147270.59",
        "weight": "0.00411255",
        "shared": false
      },
      {
        "name": "TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX",
        "value": "14113757.33",
        "weight": "0.00410281",
        "shared": false
      },
      {
        "name": "NEW YORK NY REGD N/C B/E 5.00000000",
        "value": "13703489.20",
        "weight": "0.00398354",
        "shared": false
      },
      {
        "name": "Alabama (State of) Federal Aid Highway Finance Authority (Garvee), Series 2025 B, Ref. RB",
        "value": "13480445.00",
        "weight": "0.00391871",
        "shared": false
      },
      {
        "name": "NEW JERSEY ST EDUCTNL FACS AUTH REVENUE",
        "value": "12801586.25",
        "weight": "0.00372136",
        "shared": false
      },
      {
        "name": "FLORIDA ST TURNPIKE AUTH TURNPIKE REVENUE",
        "value": "12785836.35",
        "weight": "0.00371679",
        "shared": false
      },
      {
        "name": "New Jersey Transportation Trust Fund Authority, Transportation System, Series 2019A",
        "value": "12745231.98",
        "weight": "0.00370498",
        "shared": false
      },
      {
        "name": "MARYLAND ST DEPT OF TRANSPRTN CONSOL TRANSPRTN",
        "value": "12507832.28",
        "weight": "0.00363597",
        "shared": false
      },
      {
        "name": "CA ST PUBLIC WKS BRD",
        "value": "12486320.40",
        "weight": "0.00362972",
        "shared": false
      },
      {
        "name": "MONTGOMERY CNTY MD",
        "value": "12442012.54",
        "weight": "0.00361684",
        "shared": false
      },
      {
        "name": "NEW MEXICO ST SEVERANCE TAX",
        "value": "12310152.86",
        "weight": "0.00357851",
        "shared": false
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2022 A-1, RB",
        "value": "11690810.67",
        "weight": "0.00339847",
        "shared": false
      },
      {
        "name": "State of Connecticut, Series 2021D",
        "value": "11346295.40",
        "weight": "0.00329832",
        "shared": false
      },
      {
        "name": "STATE OF NEW YORK PERSONAL INCOME TAX REVENUE 5.0% 03-15-27",
        "value": "11213514.99",
        "weight": "0.00325972",
        "shared": true
      },
      {
        "name": "TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX",
        "value": "11181591.26",
        "weight": "0.00325044",
        "shared": false
      },
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2025A",
        "value": "11111947.35",
        "weight": "0.00323019",
        "shared": true
      },
      {
        "name": "E CO AWP JT PWRS-A-1",
        "value": "11001876.60",
        "weight": "0.00319820",
        "shared": false
      },
      {
        "name": "WASHINGTON ST-R-2026A",
        "value": "10938830.00",
        "weight": "0.00317987",
        "shared": false
      },
      {
        "name": "Clark County School District, Series 2025, GO Bonds",
        "value": "10855849.00",
        "weight": "0.00315575",
        "shared": false
      },
      {
        "name": "State of Minnesota, Series 2024, GO Bonds",
        "value": "10777174.00",
        "weight": "0.00313288",
        "shared": false
      },
      {
        "name": "State of Illinois, Series 2025, GO Bonds",
        "value": "10772499.00",
        "weight": "0.00313152",
        "shared": false
      },
      {
        "name": "State of Illinois, Series 2025B",
        "value": "10722992.00",
        "weight": "0.00311713",
        "shared": false
      },
      {
        "name": "CONNECTICUT ST SPL TAX OBLIG REVENUE",
        "value": "10547197.00",
        "weight": "0.00306602",
        "shared": false
      },
      {
        "name": "Los Angeles Department of Water & Power, Series 2023A",
        "value": "10453646.00",
        "weight": "0.00303883",
        "shared": false
      },
      {
        "name": "DALLAS TX",
        "value": "10449652.00",
        "weight": "0.00303767",
        "shared": false
      },
      {
        "name": "TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX",
        "value": "10398303.00",
        "weight": "0.00302274",
        "shared": false
      },
      {
        "name": "Los Angeles Community College District, Series A-1",
        "value": "10372235.00",
        "weight": "0.00301516",
        "shared": false
      },
      {
        "name": "DE KALB CNTY GA WTR & SWR REVENUE",
        "value": "10367927.00",
        "weight": "0.00301391",
        "shared": false
      },
      {
        "name": "VIRGINIA ST PUB BLDG AUTH PUBLIC FACS REVENUE",
        "value": "10334739.00",
        "weight": "0.00300426",
        "shared": false
      },
      {
        "name": "ILLINOIS ST-B",
        "value": "10333589.00",
        "weight": "0.00300393",
        "shared": false
      },
      {
        "name": "State of North Carolina, Series 2022A",
        "value": "10297906.64",
        "weight": "0.00299356",
        "shared": false
      },
      {
        "name": "WASHINGTON ST",
        "value": "10268948.03",
        "weight": "0.00298514",
        "shared": false
      },
      {
        "name": "RICHLAND CNTY SC SCH DIST #2",
        "value": "10230243.00",
        "weight": "0.00297389",
        "shared": false
      },
      {
        "name": "VIRGINIA ST CLG BLDG AUTH EDUCTNL FACS REVENUE 21ST CENTURY",
        "value": "10208612.00",
        "weight": "0.00296760",
        "shared": false
      },
      {
        "name": "WA ST-R-REF",
        "value": "10037758.00",
        "weight": "0.00291793",
        "shared": false
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2023, RB",
        "value": "10023562.10",
        "weight": "0.00291380",
        "shared": false
      },
      {
        "name": "NY NY CITY HS(NEW YORK MHSG) 3.25% 2/1/30 MT 65",
        "value": "10017728.00",
        "weight": "0.00291211",
        "shared": true
      },
      {
        "name": "NYC MUNI WTR FIN-BB-2",
        "value": "9906302.03",
        "weight": "0.00287972",
        "shared": false
      },
      {
        "name": "State of Maryland, Series 2022C",
        "value": "9607975.34",
        "weight": "0.00279300",
        "shared": false
      },
      {
        "name": "California Community Choice Financing Authority",
        "value": "9534678.30",
        "weight": "0.00277169",
        "shared": false
      },
      {
        "name": "TENNESSEE ST",
        "value": "9459136.80",
        "weight": "0.00274973",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0001193125-26-130879",
      "as_of": "2026-01-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/845376/000119312526130879/0001193125-26-130879-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0001410368-26-055508",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1064642/000141036826055508/0001410368-26-055508-index.htm"
    }
  ]
}