{
  "page": "compare",
  "query": {
    "a": "STAX",
    "b": "TMNS"
  },
  "retrieved_at": "2026-07-07T16:38:57+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": "Nomura Tax-Free USA Short Term ETF",
    "ticker": "STAX",
    "slug": "STAX",
    "series_id": "S000082264",
    "html_url": "https://fundwatcher.app/funds/STAX/"
  },
  "fund_b": {
    "name": "T. Rowe Price Short Municipal Income ETF",
    "ticker": "TMNS",
    "slug": "TMNS",
    "series_id": "S000095890",
    "html_url": "https://fundwatcher.app/funds/TMNS/"
  },
  "overlap": {
    "coverage_a_by_b": "0.01799335764103885890870918750",
    "coverage_b_by_a": "0.01799335764103885890870918750",
    "shared_count": 2,
    "as_of": {
      "a": "2026-03-31",
      "b": "2026-02-28"
    },
    "a_top": [
      {
        "name": "Housing & Redevelopment Authority of The City of St Paul Minnesota, Series 2017A",
        "value": "242211.91",
        "weight": "0.03846558",
        "shared": false
      },
      {
        "name": "City of Chicago Waterworks, Series 2004",
        "value": "238192.22",
        "weight": "0.03782721",
        "shared": false
      },
      {
        "name": "State of Texas, Series 2018",
        "value": "221523.61",
        "weight": "0.03518008",
        "shared": false
      },
      {
        "name": "Port Authority of New York & New Jersey, Series 246",
        "value": "200331.93",
        "weight": "0.03181464",
        "shared": false
      },
      {
        "name": "NYC MUNI WTR-AA3-ADJ",
        "value": "200000.00",
        "weight": "0.03176192",
        "shared": false
      },
      {
        "name": "Pittsburgh Water & Sewer Authority, Series 2017A",
        "value": "190964.18",
        "weight": "0.03032695",
        "shared": false
      },
      {
        "name": "New Hampshire Business Finance Authority, Series 2021",
        "value": "176202.27",
        "weight": "0.02798261",
        "shared": false
      },
      {
        "name": "MONT PA HR ED 5% 9/1/2029",
        "value": "169428.16",
        "weight": "0.02690682",
        "shared": false
      },
      {
        "name": "Arizona Industrial Development Authority, Series 2022A",
        "value": "168193.12",
        "weight": "0.02671068",
        "shared": false
      },
      {
        "name": "Colorado Educational & Cultural Facilities Authority, Series 2014",
        "value": "164089.78",
        "weight": "0.02605903",
        "shared": false
      },
      {
        "name": "LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE",
        "value": "161618.04",
        "weight": "0.02566650",
        "shared": false
      },
      {
        "name": "New Jersey Transportation Trust Fund Authority, Series 2019BB",
        "value": "158663.12",
        "weight": "0.02519723",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 5% 12/1/2052 MT",
        "value": "156547.55",
        "weight": "0.02486126",
        "shared": false
      },
      {
        "name": "IL CHIEDU 5.25 12/01/2030",
        "value": "156384.69",
        "weight": "0.02483539",
        "shared": false
      },
      {
        "name": "Commonwealth Financing Authority, Tobacco Master Settlement Payment",
        "value": "155849.76",
        "weight": "0.02475044",
        "shared": false
      },
      {
        "name": "City of Chaska, Series 2015A",
        "value": "155604.48",
        "weight": "0.02471149",
        "shared": false
      },
      {
        "name": "Colorado Health Facilities Authority, Series 2017A",
        "value": "153724.20",
        "weight": "0.02441288",
        "shared": false
      },
      {
        "name": "New York Transportation Development Corp., Series 2022",
        "value": "150741.95",
        "weight": "0.02393927",
        "shared": false
      },
      {
        "name": "DENVER CO ARPT 5.25% 11/15/2026",
        "value": "142118.17",
        "weight": "0.02256973",
        "shared": false
      },
      {
        "name": "AUGUSTA GA DEV AUTH R",
        "value": "140468.15",
        "weight": "0.02230769",
        "shared": false
      },
      {
        "name": "State of Connecticut, Series 2018E",
        "value": "137757.01",
        "weight": "0.02187714",
        "shared": false
      },
      {
        "name": "DETROIT MI REGD B/E 5.00000000",
        "value": "134151.15",
        "weight": "0.02130449",
        "shared": false
      },
      {
        "name": "LOWER AL GAS DIST GAS",
        "value": "130264.94",
        "weight": "0.02068732",
        "shared": false
      },
      {
        "name": "OKLAHOMA ST DEV FIN AUTH HLTHSYS REVENUE",
        "value": "128415.59",
        "weight": "0.02039363",
        "shared": false
      },
      {
        "name": "COMMONSPIRIT HEALTH OBL",
        "value": "116601.85",
        "weight": "0.01851749",
        "shared": false
      },
      {
        "name": "New York City Municipal Water Finance Authority, Series 2026DD",
        "value": "112378.66",
        "weight": "0.01784681",
        "shared": false
      },
      {
        "name": "REGL CO TRANSPRTN DIST PRIV ACTIVITY REVENUE",
        "value": "106321.71",
        "weight": "0.01688491",
        "shared": false
      },
      {
        "name": "State of Illinois, Series 2019B",
        "value": "105897.95",
        "weight": "0.01681761",
        "shared": false
      },
      {
        "name": "RESTRUCTURED-SER A1",
        "value": "105620.42",
        "weight": "0.01677354",
        "shared": true
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2023, RB",
        "value": "105548.69",
        "weight": "0.01676215",
        "shared": false
      },
      {
        "name": "ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE",
        "value": "105100.52",
        "weight": "0.01669097",
        "shared": false
      },
      {
        "name": "WA ST HLTH CARE FACS",
        "value": "104416.18",
        "weight": "0.01658229",
        "shared": false
      },
      {
        "name": "New York (City of), NY Industrial Development Agency (Yankee Stadium), Series 2020, Ref. RB",
        "value": "103041.69",
        "weight": "0.01636401",
        "shared": false
      },
      {
        "name": "Utility Debt Securitization Authority, Series 2016A",
        "value": "100455.30",
        "weight": "0.01595327",
        "shared": false
      },
      {
        "name": "COLORADO ST HLTH FACS",
        "value": "100233.69",
        "weight": "0.01591807",
        "shared": false
      },
      {
        "name": "Maricopa County Industrial Development Authority, Series 2020A",
        "value": "99777.23",
        "weight": "0.01584558",
        "shared": false
      },
      {
        "name": "BLACK BELT ENERGY GAS VAR",
        "value": "99689.96",
        "weight": "0.01583172",
        "shared": true
      },
      {
        "name": "Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020A-2 Class 1",
        "value": "95386.17",
        "weight": "0.01514824",
        "shared": false
      },
      {
        "name": "Texas Department of Housing & Community Affairs, Series 2022B",
        "value": "93531.96",
        "weight": "0.01485377",
        "shared": false
      },
      {
        "name": "Virginia Public Building Authority, Series 2021A1",
        "value": "93066.22",
        "weight": "0.01477981",
        "shared": false
      },
      {
        "name": "CA ST MFA REV 5% 7/1/2029",
        "value": "91605.71",
        "weight": "0.01454787",
        "shared": false
      },
      {
        "name": "State of New Jersey, Series 2020A",
        "value": "80605.48",
        "weight": "0.01280093",
        "shared": false
      },
      {
        "name": "Cumberland County Municipal Authority, Series 2019",
        "value": "77363.04",
        "weight": "0.01228599",
        "shared": false
      },
      {
        "name": "State of Illinois, Series 2021A",
        "value": "69654.36",
        "weight": "0.01106178",
        "shared": false
      },
      {
        "name": "NY MTA TRANSP 5% 11/15/2030",
        "value": "62535.28",
        "weight": "0.00993120",
        "shared": false
      },
      {
        "name": "New York Transportation Development Corp., Series 2018",
        "value": "61794.15",
        "weight": "0.00981351",
        "shared": false
      },
      {
        "name": "Ohio Housing Finance Agency",
        "value": "55156.88",
        "weight": "0.00875944",
        "shared": false
      },
      {
        "name": "TX PRIVATE ACTIVITY-A",
        "value": "52952.14",
        "weight": "0.00840931",
        "shared": false
      },
      {
        "name": "Tarrant County Cultural Education Facilities Finance Corp., Series 2016",
        "value": "39538.53",
        "weight": "0.00627910",
        "shared": false
      },
      {
        "name": "Nashville (City of) & Davidson (County of), TN Metropolitan Government Health & Educational Facilities Board (The) (Vanderbilt Univ Medical Center)",
        "value": "25128.28",
        "weight": "0.00399061",
        "shared": false
      }
    ],
    "b_top": [
      {
        "name": "HENNEPIN CNTY MN HEN 12/28 FIXED 5",
        "value": "713899.56",
        "weight": "0.03359851",
        "shared": false
      },
      {
        "name": "TX DALAPT 11/01/2050",
        "value": "536416.15",
        "weight": "0.02524554",
        "shared": false
      },
      {
        "name": "UNIV OF NORTH CAROLINA NC AT C UNCHGR 12/27 FIXED 5",
        "value": "524605.95",
        "weight": "0.02468972",
        "shared": false
      },
      {
        "name": "Port of Portland OR Airport Revenue",
        "value": "509924.75",
        "weight": "0.02399877",
        "shared": false
      },
      {
        "name": "NY ST HSG FIN-F-2",
        "value": "505276.90",
        "weight": "0.02378003",
        "shared": false
      },
      {
        "name": "BLACK BELT ENERGY GAS VAR",
        "value": "454781.92",
        "weight": "0.02140356",
        "shared": true
      },
      {
        "name": "California Community Choice Financing Authority, Series F",
        "value": "439590.32",
        "weight": "0.02068860",
        "shared": false
      },
      {
        "name": "New York Transportation Development Corp., Series A",
        "value": "432318.28",
        "weight": "0.02034635",
        "shared": false
      },
      {
        "name": "NEW YORK ST MTGE AGY REVENUE NYSHSG 10/30 FIXED 3.4",
        "value": "400031.44",
        "weight": "0.01882682",
        "shared": false
      },
      {
        "name": "PORT OF SEATTLE WA REVENUE REGD B/E AMT 5.00000000",
        "value": "383700.30",
        "weight": "0.01805822",
        "shared": false
      },
      {
        "name": "VIRGINIA ELECTRIC AND POWER CO (MPT) 3.125% 11-01-35",
        "value": "376952.67",
        "weight": "0.01774066",
        "shared": false
      },
      {
        "name": "ILLINOIS ST TOLL HIGHWAY AUTH ILSTRN 01/31 FIXED 5",
        "value": "376300.96",
        "weight": "0.01770999",
        "shared": false
      },
      {
        "name": "NEW YORK ST MTGE AGY HOMEOWNER NYSHSG 04/32 FIXED 3.25",
        "value": "346167.19",
        "weight": "0.01629179",
        "shared": false
      },
      {
        "name": "RESTRUCTURED-SER A1",
        "value": "333183.30",
        "weight": "0.01568072",
        "shared": false
      },
      {
        "name": "EQUITABLE SCHOOL REVOLVING FUND LLC OBLIGATED GROUP 5.0% 11-01-28",
        "value": "331820.21",
        "weight": "0.01561657",
        "shared": false
      },
      {
        "name": "CALIFORNIA ST STWD CMNTYS DEV CASDEV 09/31 FIXED 5",
        "value": "328554.33",
        "weight": "0.01546287",
        "shared": false
      },
      {
        "name": "CLIFTON TX HGR EDU FIN CORP ED CLIEDU 04/27 FIXED 5",
        "value": "323673.90",
        "weight": "0.01523318",
        "shared": false
      },
      {
        "name": "State of Illinois, Series 2018A",
        "value": "316398.09",
        "weight": "0.01489076",
        "shared": false
      },
      {
        "name": "ARLINGTON TX HGR EDU FIN CORP ARLEDU 08/32 FIXED 4",
        "value": "310356.40",
        "weight": "0.01460641",
        "shared": false
      },
      {
        "name": "IN INSMED 10/01/2064",
        "value": "291361.13",
        "weight": "0.01371243",
        "shared": false
      },
      {
        "name": "Southeast Alabama Gas Supply District (The), Series A",
        "value": "287493.49",
        "weight": "0.01353041",
        "shared": false
      },
      {
        "name": "PORT NY NJ 5% 9/1/2033 @",
        "value": "284062.96",
        "weight": "0.01336896",
        "shared": false
      },
      {
        "name": "TARRANT TX EDFC 5% MT",
        "value": "284052.23",
        "weight": "0.01336845",
        "shared": false
      },
      {
        "name": "PENNSYLVANIA ST PAS 01/28 FIXED 5",
        "value": "276308.79",
        "weight": "0.01300402",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 5% MT",
        "value": "272733.13",
        "weight": "0.01283574",
        "shared": false
      },
      {
        "name": "TN ENERGY ACQ CORP-A",
        "value": "272457.78",
        "weight": "0.01282278",
        "shared": false
      },
      {
        "name": "WHITING IN ENVRNMNTL FACS REVE REGD V/R B/E AMT 5.00000000",
        "value": "261647.70",
        "weight": "0.01231402",
        "shared": false
      },
      {
        "name": "HENRICO COUNTY ECONOMIC DEVELOPMENT AUTHORITY",
        "value": "252649.25",
        "weight": "0.01189052",
        "shared": false
      },
      {
        "name": "WVU HEALTH PUT B 5% 6/1/33 MT",
        "value": "229061.61",
        "weight": "0.01078041",
        "shared": false
      },
      {
        "name": "NY TRANS FIN AUTH-D-1",
        "value": "228781.78",
        "weight": "0.01076724",
        "shared": false
      },
      {
        "name": "WASHINGTON ST WAS 08/30 FIXED 5",
        "value": "224128.02",
        "weight": "0.01054822",
        "shared": false
      },
      {
        "name": "DFW ARPT 5% 11/1/2050 MT @",
        "value": "224076.56",
        "weight": "0.01054580",
        "shared": false
      },
      {
        "name": "MAIN STR NAT GA 5% MT",
        "value": "214048.64",
        "weight": "0.01007385",
        "shared": false
      },
      {
        "name": "ALACHUA CNTY FL HLTH FACS AUTH ALAMED 12/28 FIXED 5",
        "value": "213196.74",
        "weight": "0.01003375",
        "shared": false
      },
      {
        "name": "ENERGY N W WA ELEC RE",
        "value": "213109.74",
        "weight": "0.01002966",
        "shared": false
      },
      {
        "name": "PORT AUTHORITY OF NEW YORK & NEW JERSEY",
        "value": "208616.76",
        "weight": "0.00981821",
        "shared": false
      },
      {
        "name": "CHIC IL OHARE SER D 5% 1/1/28@",
        "value": "203490.42",
        "weight": "0.00957694",
        "shared": false
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000",
        "value": "203396.33",
        "weight": "0.00957251",
        "shared": false
      },
      {
        "name": "PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000",
        "value": "202517.89",
        "weight": "0.00953117",
        "shared": false
      },
      {
        "name": "PENNSYLVANIA ST HSG FIN AGY MF REGD V/R B/E HUD SEC 3.15000000",
        "value": "201894.60",
        "weight": "0.00950184",
        "shared": false
      },
      {
        "name": "ALEXANDRIA VA REDEV & HSG AUTH REGD V/R B/E HUD SEC 3.20000000",
        "value": "201077.06",
        "weight": "0.00946336",
        "shared": false
      },
      {
        "name": "NYC HSG DEV CORP-A-2",
        "value": "200530.88",
        "weight": "0.00943766",
        "shared": false
      },
      {
        "name": "Virginia Housing Development Authority 3 10/01/2029",
        "value": "185064.10",
        "weight": "0.00870974",
        "shared": false
      },
      {
        "name": "ATLANTA URBAN RSDL-B",
        "value": "180178.45",
        "weight": "0.00847980",
        "shared": false
      },
      {
        "name": "ILLINOIS ST FIN AUTH REVENUE REGD V/R B/E 5.00000000",
        "value": "174853.94",
        "weight": "0.00822921",
        "shared": false
      },
      {
        "name": "HOUSTON TX ARPT SYS REVENUE HOUAPT 07/29 FIXED 5",
        "value": "173775.99",
        "weight": "0.00817848",
        "shared": false
      },
      {
        "name": "RESTRUCTURED-CABS-SER",
        "value": "168555.95",
        "weight": "0.00793281",
        "shared": false
      },
      {
        "name": "Public Finance Authority",
        "value": "168434.63",
        "weight": "0.00792710",
        "shared": false
      },
      {
        "name": "WASTE MANAGEMENT PA OBLIGATED GROUP (MPT) 4.25% 07-01-41",
        "value": "167644.16",
        "weight": "0.00788990",
        "shared": false
      },
      {
        "name": "CLIFTON TX HGR EDU FIN CORP ED CLIEDU 08/36 FIXED 5",
        "value": "165261.56",
        "weight": "0.00777776",
        "shared": false
      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0002071691-26-012297",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1969995/000207169126012297/0002071691-26-012297-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0001099263-26-004465",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1795351/000109926326004465/0001099263-26-004465-index.htm"
    }
  ]
}