{
  "page": "compare",
  "query": {
    "a": "VTES",
    "b": "SHM"
  },
  "retrieved_at": "2026-07-07T16:50:04+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": "VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF",
    "ticker": "VTES",
    "slug": "VTES",
    "series_id": "S000079862",
    "html_url": "https://fundwatcher.app/funds/VTES/"
  },
  "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": "0.06777268016376979163235579545",
    "coverage_b_by_a": "0.06777268016376979163235579545",
    "shared_count": 194,
    "as_of": {
      "a": "2026-02-28",
      "b": "2026-03-31"
    },
    "a_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": true
      },
      {
        "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",
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      },
      {
        "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": true
      },
      {
        "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",
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      },
      {
        "name": "Los Angeles Department of Water & Power, Series 2025A",
        "value": "3267232.23",
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      },
      {
        "name": "OHIO WTR DEV AUTH-A",
        "value": "3237345.03",
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        "shared": false
      },
      {
        "name": "Bay Area Toll Authority, Series 2026A",
        "value": "3221295.38",
        "weight": "0.00182621",
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      },
      {
        "name": "State of New Jersey, Series 2020A",
        "value": "3218080.10",
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      },
      {
        "name": "State of New Jersey, Series 2020A",
        "value": "3175907.07",
        "weight": "0.00180048",
        "shared": true
      },
      {
        "name": "LOS ANGELES DEPT-C",
        "value": "3120202.92",
        "weight": "0.00176890",
        "shared": true
      },
      {
        "name": "UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000",
        "value": "3117976.27",
        "weight": "0.00176764",
        "shared": true
      },
      {
        "name": "UNIV OF TEXAS UNIV-A",
        "value": "3040289.04",
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      },
      {
        "name": "NJ TPK AUTH-B",
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        "weight": "0.00171121",
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      },
      {
        "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",
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      },
      {
        "name": "State of New Jersey, Series 2020A",
        "value": "2885991.58",
        "weight": "0.00163612",
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      },
      {
        "name": "Virginia Public Building Authority, Series 2021A-1",
        "value": "2822491.72",
        "weight": "0.00160012",
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      },
      {
        "name": "UNIV OF PITTSBURGH PA OF THE C REGD B/E 5.00000000",
        "value": "2820620.57",
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        "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",
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      },
      {
        "name": "NEW YORK CITY-C-REF",
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      },
      {
        "name": "KY ST PROP 5% 11/1/2027",
        "value": "2708675.87",
        "weight": "0.00153560",
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      },
      {
        "name": "State of California, Series 2007",
        "value": "2706727.57",
        "weight": "0.00153449",
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      {
        "name": "WASHINGTON ST WAS 07/26 FIXED 4",
        "value": "2666511.62",
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      },
      {
        "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",
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      },
      {
        "name": "GREAT LAKES WTR AUTH-",
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      },
      {
        "name": "E CO AWP JT PWRS-A-2",
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      },
      {
        "name": "State of California",
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      {
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        "value": "2506462.86",
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      },
      {
        "name": "NEW YORK MUNI WTR-AA2",
        "value": "2493053.78",
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      },
      {
        "name": "STATE OF CALIFORNIA 5.0% 04-01-29",
        "value": "2472344.90",
        "weight": "0.00140162",
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      },
      {
        "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": false
      },
      {
        "name": "GUILFORD CO",
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    ],
    "b_top": [
      {
        "name": "SOUTHEAST ENERGY-E",
        "value": "31832046.00",
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        "shared": false
      },
      {
        "name": "NEW YORK NY REGD N/C B/E 5.00000000",
        "value": "31282618.09",
        "weight": "0.00909372",
        "shared": true
      },
      {
        "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": true
      },
      {
        "name": "STATE OF CALIFORNIA 5.0% 03-01-29",
        "value": "18162225.40",
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        "shared": true
      },
      {
        "name": "New York City Transitional Finance Authority Future Tax Secured Revenue",
        "value": "17897542.70",
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      },
      {
        "name": "TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX",
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        "weight": "0.00508593",
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      },
      {
        "name": "State of California",
        "value": "16932940.80",
        "weight": "0.00492233",
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      },
      {
        "name": "STATE OF CALIFORNIA",
        "value": "15874632.00",
        "weight": "0.00461468",
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      },
      {
        "name": "UNIV OF CALIFORNIA CA REVENUES",
        "value": "14147270.59",
        "weight": "0.00411255",
        "shared": false
      },
      {
        "name": "TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX",
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        "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": true
      },
      {
        "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": true
      },
      {
        "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": true
      },
      {
        "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",
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      },
      {
        "name": "State of Connecticut, Series 2021D",
        "value": "11346295.40",
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      },
      {
        "name": "STATE OF NEW YORK PERSONAL INCOME TAX REVENUE 5.0% 03-15-27",
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      },
      {
        "name": "TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX",
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      },
      {
        "name": "Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2025A",
        "value": "11111947.35",
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      },
      {
        "name": "E CO AWP JT PWRS-A-1",
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      },
      {
        "name": "WASHINGTON ST-R-2026A",
        "value": "10938830.00",
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        "shared": true
      },
      {
        "name": "Clark County School District, Series 2025, GO Bonds",
        "value": "10855849.00",
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        "shared": false
      },
      {
        "name": "State of Minnesota, Series 2024, GO Bonds",
        "value": "10777174.00",
        "weight": "0.00313288",
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      {
        "name": "State of Illinois, Series 2025, GO Bonds",
        "value": "10772499.00",
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      },
      {
        "name": "State of Illinois, Series 2025B",
        "value": "10722992.00",
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      },
      {
        "name": "CONNECTICUT ST SPL TAX OBLIG REVENUE",
        "value": "10547197.00",
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      },
      {
        "name": "Los Angeles Department of Water & Power, Series 2023A",
        "value": "10453646.00",
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      },
      {
        "name": "DALLAS TX",
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      },
      {
        "name": "TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX",
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      },
      {
        "name": "Los Angeles Community College District, Series A-1",
        "value": "10372235.00",
        "weight": "0.00301516",
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      },
      {
        "name": "DE KALB CNTY GA WTR & SWR REVENUE",
        "value": "10367927.00",
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      },
      {
        "name": "VIRGINIA ST PUB BLDG AUTH PUBLIC FACS REVENUE",
        "value": "10334739.00",
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      },
      {
        "name": "ILLINOIS ST-B",
        "value": "10333589.00",
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      },
      {
        "name": "State of North Carolina, Series 2022A",
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      {
        "name": "WASHINGTON ST",
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      },
      {
        "name": "RICHLAND CNTY SC SCH DIST #2",
        "value": "10230243.00",
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      },
      {
        "name": "VIRGINIA ST CLG BLDG AUTH EDUCTNL FACS REVENUE 21ST CENTURY",
        "value": "10208612.00",
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        "shared": true
      },
      {
        "name": "WA ST-R-REF",
        "value": "10037758.00",
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        "shared": true
      },
      {
        "name": "California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2023, RB",
        "value": "10023562.10",
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        "shared": false
      },
      {
        "name": "NY NY CITY HS(NEW YORK MHSG) 3.25% 2/1/30 MT 65",
        "value": "10017728.00",
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        "shared": false
      },
      {
        "name": "NYC MUNI WTR FIN-BB-2",
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      },
      {
        "name": "State of Maryland, Series 2022C",
        "value": "9607975.34",
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        "shared": true
      },
      {
        "name": "California Community Choice Financing Authority",
        "value": "9534678.30",
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      },
      {
        "name": "TENNESSEE ST",
        "value": "9459136.80",
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      }
    ]
  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "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"
    },
    {
      "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"
    }
  ]
}