{
  "page": "compare",
  "query": {
    "a": "SHM",
    "b": "BSMS"
  },
  "retrieved_at": "2026-07-07T19:13:03+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": "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/"
  },
  "fund_b": {
    "name": "Invesco BulletShares 2028 Municipal Bond ETF",
    "ticker": "BSMS",
    "slug": "BSMS",
    "series_id": "S000062841",
    "html_url": "https://fundwatcher.app/funds/BSMS/"
  },
  "overlap": {
    "coverage_a_by_b": "0.04818577127332776981637620786",
    "coverage_b_by_a": "0.04818577127332776981637620785",
    "shared_count": 112,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-02-28"
    },
    "a_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": true
      },
      {
        "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": true
      },
      {
        "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": false
      },
      {
        "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": false
      },
      {
        "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": true
      },
      {
        "name": "Los Angeles Department of Water & Power, Series 2023A",
        "value": "10453646.00",
        "weight": "0.00303883",
        "shared": true
      },
      {
        "name": "DALLAS TX",
        "value": "10449652.00",
        "weight": "0.00303767",
        "shared": true
      },
      {
        "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": true
      },
      {
        "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": false
      },
      {
        "name": "NYC MUNI WTR FIN-BB-2",
        "value": "9906302.03",
        "weight": "0.00287972",
        "shared": true
      },
      {
        "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": true
      }
    ],
    "b_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": false
      },
      {
        "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": true
      },
      {
        "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": 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": "0001410368-26-055508",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1064642/000141036826055508/0001410368-26-055508-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"
    }
  ]
}