{
  "page": "compare",
  "query": {
    "a": "SMB",
    "b": "VTES"
  },
  "retrieved_at": "2026-07-07T16:38:03+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": "VanEck Short Muni ETF",
    "ticker": "SMB",
    "slug": "SMB",
    "series_id": "S000019192",
    "html_url": "https://fundwatcher.app/funds/SMB/"
  },
  "fund_b": {
    "name": "VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF",
    "ticker": "VTES",
    "slug": "VTES",
    "series_id": "S000079862",
    "html_url": "https://fundwatcher.app/funds/VTES/"
  },
  "overlap": {
    "coverage_a_by_b": "0.04471268722180178412243332096",
    "coverage_b_by_a": "0.04471268722180178412243332099",
    "shared_count": 128,
    "as_of": {
      "a": "2026-01-31",
      "b": "2026-02-28"
    },
    "a_top": [
      {
        "name": "CALIFORNIA COMMUNITY VAR",
        "value": "5063213.50",
        "weight": "0.01698580",
        "shared": false
      },
      {
        "name": "State of California",
        "value": "3253810.68",
        "weight": "0.01091571",
        "shared": true
      },
      {
        "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": false
      },
      {
        "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": true
      },
      {
        "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": true
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 D, RB",
        "value": "2113322.00",
        "weight": "0.00708966",
        "shared": false
      },
      {
        "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": true
      },
      {
        "name": "S E ENERGY COOP DT",
        "value": "1865922.76",
        "weight": "0.00625970",
        "shared": false
      },
      {
        "name": "NJ NJSEDU 07/01/2064",
        "value": "1680645.75",
        "weight": "0.00563814",
        "shared": true
      },
      {
        "name": "Maryland (State of) (Bidding Group 1), Series 2020 A, GO Bonds",
        "value": "1658949.15",
        "weight": "0.00556536",
        "shared": true
      },
      {
        "name": "State of California, Series 2019",
        "value": "1652907.45",
        "weight": "0.00554509",
        "shared": true
      },
      {
        "name": "State of North Carolina, Series 2019",
        "value": "1619629.65",
        "weight": "0.00543345",
        "shared": true
      },
      {
        "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": true
      },
      {
        "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": true
      },
      {
        "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": true
      },
      {
        "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": true
      },
      {
        "name": "COLUMBUS OH",
        "value": "1348147.25",
        "weight": "0.00452269",
        "shared": false
      },
      {
        "name": "NY DORM-A-SCH DISTS",
        "value": "1346459.57",
        "weight": "0.00451703",
        "shared": true
      },
      {
        "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": false
      },
      {
        "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": true
      },
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2022A-1",
        "value": "1210161.72",
        "weight": "0.00405979",
        "shared": false
      },
      {
        "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
      }
    ],
    "b_top": [
      {
        "name": "Vanguard Municipal Cash Management Fund",
        "value": "37119715.28",
        "weight": "0.02104382",
        "shared": false
      },
      {
        "name": "NYC TRANSITIONAL-G-1",
        "value": "5579487.99",
        "weight": "0.00316311",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST-REF",
        "value": "5144182.51",
        "weight": "0.00291633",
        "shared": false
      },
      {
        "name": "NEW JERSEY ST ECON DEV AUTH REVENUE",
        "value": "4716633.74",
        "weight": "0.00267394",
        "shared": false
      },
      {
        "name": "Dallas Independent School District, Series 2026B",
        "value": "4711695.21",
        "weight": "0.00267114",
        "shared": false
      },
      {
        "name": "State of Illinois, Series D",
        "value": "4600417.63",
        "weight": "0.00260806",
        "shared": false
      },
      {
        "name": "State of New Jersey, Series 2020A",
        "value": "4499714.15",
        "weight": "0.00255097",
        "shared": false
      },
      {
        "name": "New Jersey Transportation Trust Fund Authority, Series 2016A1",
        "value": "4353111.50",
        "weight": "0.00246786",
        "shared": false
      },
      {
        "name": "Wyandotte County Unified School District No. 500, Series A",
        "value": "4062171.20",
        "weight": "0.00230292",
        "shared": false
      },
      {
        "name": "E CO AWP JT PWRS-A-1",
        "value": "4010454.81",
        "weight": "0.00227360",
        "shared": true
      },
      {
        "name": "CA REGENTS UNIV-CD",
        "value": "3777306.05",
        "weight": "0.00214142",
        "shared": false
      },
      {
        "name": "OH WTR DEV AUTH",
        "value": "3771993.42",
        "weight": "0.00213841",
        "shared": false
      },
      {
        "name": "LOS ANGELES UNIF SD-A",
        "value": "3557785.20",
        "weight": "0.00201697",
        "shared": false
      },
      {
        "name": "State of New Jersey, Series A",
        "value": "3440229.68",
        "weight": "0.00195033",
        "shared": false
      },
      {
        "name": "NEW YORK-G-G-1",
        "value": "3354158.15",
        "weight": "0.00190153",
        "shared": false
      },
      {
        "name": "State of New Jersey, Series 2020A",
        "value": "3300507.30",
        "weight": "0.00187112",
        "shared": false
      },
      {
        "name": "Los Angeles Department of Water & Power, Series 2025A",
        "value": "3267232.23",
        "weight": "0.00185225",
        "shared": false
      },
      {
        "name": "OHIO WTR DEV AUTH-A",
        "value": "3237345.03",
        "weight": "0.00183531",
        "shared": false
      },
      {
        "name": "Bay Area Toll Authority, Series 2026A",
        "value": "3221295.38",
        "weight": "0.00182621",
        "shared": false
      },
      {
        "name": "State of New Jersey, Series 2020A",
        "value": "3218080.10",
        "weight": "0.00182439",
        "shared": false
      },
      {
        "name": "State of New Jersey, Series 2020A",
        "value": "3175907.07",
        "weight": "0.00180048",
        "shared": false
      },
      {
        "name": "LOS ANGELES DEPT-C",
        "value": "3120202.92",
        "weight": "0.00176890",
        "shared": false
      },
      {
        "name": "UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000",
        "value": "3117976.27",
        "weight": "0.00176764",
        "shared": false
      },
      {
        "name": "UNIV OF TEXAS UNIV-A",
        "value": "3040289.04",
        "weight": "0.00172359",
        "shared": false
      },
      {
        "name": "NJ TPK AUTH-B",
        "value": "3018443.11",
        "weight": "0.00171121",
        "shared": false
      },
      {
        "name": "MASSACHUSETTS ST",
        "value": "2939802.69",
        "weight": "0.00166663",
        "shared": false
      },
      {
        "name": "State of California, Series 2025, GO Bonds",
        "value": "2930219.25",
        "weight": "0.00166119",
        "shared": false
      },
      {
        "name": "State of New Jersey, Series 2020A",
        "value": "2885991.58",
        "weight": "0.00163612",
        "shared": false
      },
      {
        "name": "Virginia Public Building Authority, Series 2021A-1",
        "value": "2822491.72",
        "weight": "0.00160012",
        "shared": false
      },
      {
        "name": "UNIV OF PITTSBURGH PA OF THE C REGD B/E 5.00000000",
        "value": "2820620.57",
        "weight": "0.00159906",
        "shared": false
      },
      {
        "name": "State of California, Series 2023",
        "value": "2819496.24",
        "weight": "0.00159842",
        "shared": false
      },
      {
        "name": "WI ST GF APP 5% 5/1/2026Q",
        "value": "2768030.60",
        "weight": "0.00156925",
        "shared": false
      },
      {
        "name": "NEW YORK CITY-C-REF",
        "value": "2752617.15",
        "weight": "0.00156051",
        "shared": false
      },
      {
        "name": "KY ST PROP 5% 11/1/2027",
        "value": "2708675.87",
        "weight": "0.00153560",
        "shared": false
      },
      {
        "name": "State of California, Series 2007",
        "value": "2706727.57",
        "weight": "0.00153449",
        "shared": false
      },
      {
        "name": "WASHINGTON ST WAS 07/26 FIXED 4",
        "value": "2666511.62",
        "weight": "0.00151169",
        "shared": false
      },
      {
        "name": "State of North Carolina, Series 2019",
        "value": "2612918.10",
        "weight": "0.00148131",
        "shared": false
      },
      {
        "name": "SOUTH CAROLINA ST ASSN OF GOVTL ORGANIZATIONS COPS",
        "value": "2600000.00",
        "weight": "0.00147399",
        "shared": false
      },
      {
        "name": "CT HLTH & EDUCTNL-B-2",
        "value": "2587978.35",
        "weight": "0.00146717",
        "shared": false
      },
      {
        "name": "DE VLY FIN -A",
        "value": "2534535.97",
        "weight": "0.00143687",
        "shared": false
      },
      {
        "name": "NJ TRANSPRTN TRUST-A",
        "value": "2533376.76",
        "weight": "0.00143622",
        "shared": false
      },
      {
        "name": "GREAT LAKES WTR AUTH-",
        "value": "2532994.86",
        "weight": "0.00143600",
        "shared": false
      },
      {
        "name": "E CO AWP JT PWRS-A-2",
        "value": "2518462.75",
        "weight": "0.00142776",
        "shared": false
      },
      {
        "name": "State of California",
        "value": "2513774.22",
        "weight": "0.00142510",
        "shared": false
      },
      {
        "name": "State of Maryland",
        "value": "2506462.86",
        "weight": "0.00142096",
        "shared": false
      },
      {
        "name": "NEW YORK MUNI WTR-AA2",
        "value": "2493053.78",
        "weight": "0.00141336",
        "shared": false
      },
      {
        "name": "STATE OF CALIFORNIA 5.0% 04-01-29",
        "value": "2472344.90",
        "weight": "0.00140162",
        "shared": false
      },
      {
        "name": "Washington Metropolitan Area Transit Authority, Series 2021A",
        "value": "2368576.19",
        "weight": "0.00134279",
        "shared": false
      },
      {
        "name": "State of California, Series 2017",
        "value": "2367852.38",
        "weight": "0.00134238",
        "shared": true
      },
      {
        "name": "GUILFORD CO",
        "value": "2364486.68",
        "weight": "0.00134047",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "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"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0000105563-26-000162",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/105563/000010556326000162/0000105563-26-000162-index.htm"
    }
  ]
}