{
  "page": "compare",
  "query": {
    "a": "SHM",
    "b": "SMB"
  },
  "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": "VanEck Short Muni ETF",
    "ticker": "SMB",
    "slug": "SMB",
    "series_id": "S000019192",
    "html_url": "https://fundwatcher.app/funds/SMB/"
  },
  "overlap": {
    "coverage_a_by_b": "0.06578730328073101507281088823",
    "coverage_b_by_a": "0.06578730328073101507281088822",
    "shared_count": 45,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-01-31"
    },
    "a_top": [
      {
        "name": "SOUTHEAST ENERGY-E",
        "value": "31832046.00",
        "weight": "0.00925343",
        "shared": true
      },
      {
        "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": true
      },
      {
        "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": 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": true
      },
      {
        "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": true
      },
      {
        "name": "E CO AWP JT PWRS-A-1",
        "value": "11001876.60",
        "weight": "0.00319820",
        "shared": true
      },
      {
        "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": true
      },
      {
        "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": true
      },
      {
        "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": 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
      }
    ],
    "b_top": [
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "5063213.50",
        "weight": "0.01698580",
        "shared": false
      },
      {
        "name": "State of California",
        "value": "3253810.68",
        "weight": "0.01091571",
        "shared": false
      },
      {
        "name": "MASSACHUSETTS ST",
        "value": "3034595.53",
        "weight": "0.01018030",
        "shared": false
      },
      {
        "name": "State of New Jersey",
        "value": "2882493.30",
        "weight": "0.00967004",
        "shared": false
      },
      {
        "name": "KS ST DEV FIN 5% 11/15/2054",
        "value": "2739807.32",
        "weight": "0.00919136",
        "shared": false
      },
      {
        "name": "NYC HSG DEV CORP-B-2",
        "value": "2565491.25",
        "weight": "0.00860658",
        "shared": true
      },
      {
        "name": "SOUTHERN CALIFORNIA EDISON CO 1.75% 09-01-29",
        "value": "2369204.00",
        "weight": "0.00794808",
        "shared": false
      },
      {
        "name": "MA WTR RES REF-BEN-B",
        "value": "2267163.60",
        "weight": "0.00760576",
        "shared": false
      },
      {
        "name": "MUNIBOND",
        "value": "2224294.82",
        "weight": "0.00746195",
        "shared": false
      },
      {
        "name": "MA WTR RES AUTH-C-REF",
        "value": "2200366.69",
        "weight": "0.00738167",
        "shared": false
      },
      {
        "name": "King (County of), WA, Series 2017, Ref. GO Bonds",
        "value": "2152209.28",
        "weight": "0.00722012",
        "shared": false
      },
      {
        "name": "TN ENERGY ACQ CORP-A",
        "value": "2148023.40",
        "weight": "0.00720608",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 5% MT",
        "value": "2143991.20",
        "weight": "0.00719255",
        "shared": false
      },
      {
        "name": "Honolulu (City & County of), HI (Honolulu Rail Transit), Series 2020, Ref. GO Bonds",
        "value": "2137315.58",
        "weight": "0.00717015",
        "shared": false
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 D, RB",
        "value": "2113322.00",
        "weight": "0.00708966",
        "shared": true
      },
      {
        "name": "CHICAGO IL-A-REF",
        "value": "2104022.00",
        "weight": "0.00705846",
        "shared": false
      },
      {
        "name": "ORLANDO FL TOURIST DEV TAX REVENUE",
        "value": "2079394.80",
        "weight": "0.00697584",
        "shared": false
      },
      {
        "name": "FORT BEND TX INDEP SCH DIST",
        "value": "2078197.60",
        "weight": "0.00697183",
        "shared": false
      },
      {
        "name": "CONROE TX INDEP SCH DIST",
        "value": "2057056.40",
        "weight": "0.00690090",
        "shared": false
      },
      {
        "name": "LOS ANGELES UNIF SD-A",
        "value": "1895619.40",
        "weight": "0.00635932",
        "shared": false
      },
      {
        "name": "State of Connecticut Special Tax Revenue",
        "value": "1869201.84",
        "weight": "0.00627070",
        "shared": false
      },
      {
        "name": "S E ENERGY COOP DT",
        "value": "1865922.76",
        "weight": "0.00625970",
        "shared": true
      },
      {
        "name": "NJ NJSEDU 07/01/2064",
        "value": "1680645.75",
        "weight": "0.00563814",
        "shared": false
      },
      {
        "name": "Maryland (State of) (Bidding Group 1), Series 2020 A, GO Bonds",
        "value": "1658949.15",
        "weight": "0.00556536",
        "shared": false
      },
      {
        "name": "State of California, Series 2019",
        "value": "1652907.45",
        "weight": "0.00554509",
        "shared": false
      },
      {
        "name": "State of North Carolina, Series 2019",
        "value": "1619629.65",
        "weight": "0.00543345",
        "shared": false
      },
      {
        "name": "NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE",
        "value": "1609083.75",
        "weight": "0.00539807",
        "shared": false
      },
      {
        "name": "OHIO VALLEY ELECTRIC CORP 4.25% 11-01-30",
        "value": "1599781.22",
        "weight": "0.00536686",
        "shared": false
      },
      {
        "name": "CURATORS OF THE UNIV OF MISSOURI MO SYS FACS REVENUE",
        "value": "1570998.66",
        "weight": "0.00527030",
        "shared": false
      },
      {
        "name": "MESA UTL SYS-REF",
        "value": "1557235.25",
        "weight": "0.00522413",
        "shared": false
      },
      {
        "name": "NY MTA TRANSP 5% 11/15/2031",
        "value": "1521025.50",
        "weight": "0.00510266",
        "shared": false
      },
      {
        "name": "CA ST UNIV-A",
        "value": "1520863.09",
        "weight": "0.00510211",
        "shared": false
      },
      {
        "name": "PEFA INC VAR",
        "value": "1517861.10",
        "weight": "0.00509204",
        "shared": false
      },
      {
        "name": "KERN CA HIGH SCH DIST",
        "value": "1517080.48",
        "weight": "0.00508942",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 4% 3/1/2050",
        "value": "1508702.55",
        "weight": "0.00506132",
        "shared": false
      },
      {
        "name": "NYC TRANSITIONL-S-1",
        "value": "1427475.25",
        "weight": "0.00478882",
        "shared": false
      },
      {
        "name": "Allen (County of), OH (Mercy Health), Series 2020, Ref. RB",
        "value": "1363535.38",
        "weight": "0.00457432",
        "shared": false
      },
      {
        "name": "State of California, Series C",
        "value": "1362926.86",
        "weight": "0.00457228",
        "shared": false
      },
      {
        "name": "COLUMBUS OH",
        "value": "1348147.25",
        "weight": "0.00452269",
        "shared": false
      },
      {
        "name": "NY DORM-A-SCH DISTS",
        "value": "1346459.57",
        "weight": "0.00451703",
        "shared": false
      },
      {
        "name": "CTR PLN ENG GAS 5% 9/1/2031",
        "value": "1331855.54",
        "weight": "0.00446804",
        "shared": false
      },
      {
        "name": "NY TRANS CORP 5% 12/1/2030",
        "value": "1272064.68",
        "weight": "0.00426746",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 4% 07/01/2052 MT",
        "value": "1269999.88",
        "weight": "0.00426053",
        "shared": true
      },
      {
        "name": "CENTRL FL EXPRESSWAY AUTH SR LIEN REVENUE",
        "value": "1256144.25",
        "weight": "0.00421405",
        "shared": false
      },
      {
        "name": "JACKSON CNTY OR SCH DIST #549C",
        "value": "1251724.00",
        "weight": "0.00419922",
        "shared": false
      },
      {
        "name": "North Carolina (State of), Series 2020 A, GO Bonds",
        "value": "1223991.34",
        "weight": "0.00410618",
        "shared": false
      },
      {
        "name": "NYC TRANS FIN-A-E-1",
        "value": "1220078.92",
        "weight": "0.00409306",
        "shared": false
      },
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2022A-1",
        "value": "1210161.72",
        "weight": "0.00405979",
        "shared": true
      },
      {
        "name": "Jefferson County School District R-1, Series 2018, GO Bonds",
        "value": "1194469.78",
        "weight": "0.00400714",
        "shared": false
      },
      {
        "name": "STATE OF CALIFORNIA 5.0% 10-01-31",
        "value": "1153823.20",
        "weight": "0.00387079",
        "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": "0001410368-26-033187",
      "as_of": "2026-01-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1137360/000141036826033187/0001410368-26-033187-index.htm"
    }
  ]
}