# Portfolio overlap — IBMR vs SCMB

Comparing **iShares iBonds Dec 2029 Term Muni Bond ETF** (2026-01-31) and **Schwab Municipal Bond ETF** (2026-03-31).

- Shared positions: 168
- iShares iBonds Dec 2029 Term Muni Bond ETF covered by Schwab Municipal Bond ETF: 0.01831153071570683143503121661
- Schwab Municipal Bond ETF covered by iShares iBonds Dec 2029 Term Muni Bond ETF: 0.01831153071570683143503121662

## iShares iBonds Dec 2029 Term Muni Bond ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| BLKR-LI MUNI-INS | 0.013486 |  |
| Massachusetts Clean Water Trust (The), Series 27 | 0.006509 |  |
| State of New Jersey, Series 2020A | 0.005677 | ✓ |
| State of California, Series 2019 | 0.005028 | ✓ |
| CALIFORNIA ST INFRASTRUCTURE & REGD B/E 3.25000000 | 0.004659 | ✓ |
| NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE | 0.004566 |  |
| Los Angeles (County of), CA Metropolitan Transportation Authority, Series 2017 A, RB | 0.004416 |  |
| Palm Beach County School District, Series 2018 C, Ref. COP | 0.003808 | ✓ |
| County of Clark Department of Aviation, Series 2024A | 0.003687 | ✓ |
| Contra Costa Transportation Authority Sales Tax, Series 2018B | 0.003338 |  |
| STATE OF CALIFORNIA 5.0% 09-01-29 | 0.003314 |  |
| Escondido Union High School District, Series A | 0.003268 |  |
| PRIV CLGS & UNIV-A | 0.003017 |  |
| State of Connecticut, Series 2025, GO Bonds | 0.002978 |  |
| School Board of Miami-Dade County (The), Series 2025, COP | 0.002949 |  |
| MORRIS CNTY NJ | 0.002889 |  |
| MET TRANSPRTN AUTH NY REVENUE | 0.002864 | ✓ |
| OREGON CITY SCHOOL DISTRICT NO CLASCD 06/29 ZEROCPNOID 0 | 0.002699 |  |
| Lower Colorado River Authority, Series 2023A | 0.002621 |  |
| PENNSYLVANIA ST | 0.002606 |  |
| OHIO WTR DEV AUTH-A | 0.002593 |  |
| School District of Broward County, Series 2019B | 0.002573 |  |
| ILLINOIS ST TOLL HIGH | 0.002563 | ✓ |
| City of Minneapolis, Series 2021 | 0.002557 |  |
| State of California | 0.002529 | ✓ |
| AMERICAN MUN OH 5% 2/15/2029 | 0.002526 |  |
| City of San Antonio, Series 2017 | 0.002496 |  |
| STATE OF CALIFORNIA 4.0% 09-01-29 | 0.002444 |  |
| PRIV CLGS & UNIVS AUT | 0.002414 | ✓ |
| NJ TRANSPRTN TRUST-A | 0.002401 | ✓ |
| Lansing School District, Series 2019II | 0.002368 |  |
| BEVERLY HILLS USD CAB | 0.002353 |  |
| DALLAS TX AREA RAPID | 0.002342 | ✓ |
| ID HSG & FIN ASSN-A | 0.002337 | ✓ |
| ALABAMA ST PUBLIC SCH & CLG AUTH | 0.002335 | ✓ |
| PHOENIX SKY HARBOR INTERNATIONAL AIRPORT CUSTOMER FACILITY CHARGES REVENUE 5.0% 07-01-33 | 0.002325 |  |
| NEW YORK NY | 0.002304 | ✓ |
| Rhode Island Health & Educational Building Corp., Series 2019A | 0.002287 |  |
| Maricopa County Union High School District No. 210-Phoenix, Series 2018 | 0.002258 |  |
| JEA-THREE A-REV-REF | 0.002246 | ✓ |
| Triborough Bridge & Tunnel Authority, Series 2013A | 0.002223 |  |
| Ukiah Unified School District, Series 2006 | 0.002197 |  |
| Canyons School District, Series 2018 | 0.002184 |  |
| Kansas Development Finance Authority, Series 2019SRF | 0.002172 |  |
| State of Illinois, Series 2023B | 0.002169 | ✓ |
| Trinity River Authority, Series 2018 | 0.002155 |  |
| Utica Community Schools, Series 2019 | 0.002154 |  |
| Multnomah County School District No. 1, Series 2020, GO Bonds | 0.002122 |  |
| State of North Carolina, Series 2019 | 0.002112 | ✓ |
| KENTUCKY ST PROPERTY & BLDGS COMMISSION REVENUES | 0.002109 |  |

## Schwab Municipal Bond ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| NEW YORK NY | 0.002702 |  |
| MASSACHUSETTS ST | 0.002519 |  |
| Gwinnett County School District, Series 2025, GO Bonds | 0.002481 |  |
| NEW YORK-G-G-1 | 0.002406 |  |
| PENNSYLVANIA ST-1ST | 0.002368 |  |
| NASHVILLE& DAVIDSON-A | 0.002365 |  |
| NEW YORK NY | 0.002249 | ✓ |
| NYC TRANSITIONAL-F-1 | 0.002226 |  |
| State of California Department of Water Resources | 0.002192 |  |
| State of Oregon Department of Transportation, Series 2024A | 0.002113 |  |
| NYC TRANSITIONAL-S-1A | 0.002043 |  |
| GWINNETT GA SD 5% 2/1/2032 | 0.002013 |  |
| LOS ANGELES UNIF SD-A | 0.001979 |  |
| WASHING ST -C | 0.001973 |  |
| Pennsylvania Turnpike Commission, Series 2023-1 | 0.001935 |  |
| NEW YORK CITY NY MUNI | 0.001919 |  |
| State of California | 0.001914 |  |
| Louisville & Jefferson County Metropolitan Sewer District, Series 2024A | 0.001913 |  |
| MASSACHUSETTS ST | 0.001827 |  |
| MASSACHUSETTS ST DEV FIN AGY R REGD N/C B/E 5.00000000 | 0.001798 |  |
| Washington (State of), Series 2018 C, GO Bonds | 0.001747 |  |
| State of Maryland, Series 2023A | 0.001726 |  |
| IN FIN REV 5% 2/1/2039 | 0.001706 |  |
| NYC NY 5% 8/1/2034 | 0.001697 |  |
| NORTHWEST TX INDEP SCH DIST REGD B/E PSF-GTD 5.00000000 | 0.001695 |  |
| STATE OF CALIFORNIA 5.0% 04-01-49 | 0.001695 |  |
| MTA HUDSON RAIL YRD-A | 0.001687 |  |
| State of Connecticut 4.00% 01/15/2035 | 0.001663 |  |
| STATE OF CALIFORNIA 5.0% 09-01-31 | 0.001652 |  |
| UNIV CA REGENTS-CE | 0.001643 |  |
| NY STATE UR D 5% 3/15/2036 | 0.001631 |  |
| NEW YORK ST DORM AUTH SALES TAX REVENUE | 0.001612 |  |
| Highland Park Independent School District, Series 2024 | 0.001612 |  |
| PRIV CLGS & UNIVS AUTH GA | 0.001611 |  |
| NYC WTR 5.25% 6/15/55 | 0.001611 |  |
| County of Wake, Series 2023A | 0.001608 |  |
| ILLINOIS FN RV 5% 4/1/2034 | 0.001604 |  |
| NYC TRANSITIONAL-E-1 | 0.001595 |  |
| City of Alexandria | 0.001587 |  |
| MA ST-A | 0.001572 |  |
| State of California, Series 2024 | 0.001565 |  |
| State of Connecticut | 0.001548 |  |
| UNIV OF CA REGENTS-BQ | 0.001545 | ✓ |
| WA ST-SER R-2023A-REF | 0.001545 |  |
| OH TPK 5% 2/15/2046 | 0.001538 |  |
| Chicago Transit Authority, Series A | 0.001525 |  |
| NEW YORK-D | 0.001519 |  |
| GREAT LAKES WTR 5.25% 7/1/2047 | 0.001515 |  |
| WILLIAMSON CO-NTS | 0.001512 |  |
| Texas Water Development Board, Series 2020 | 0.001512 |  |


## Sources

- N-PORT (fund A) — accession `0002071691-26-007318` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/1100663/000207169126007318/0002071691-26-007318-index.htm>
- N-PORT (fund B) — accession `0001410368-26-050059` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1454889/000141036826050059/0001410368-26-050059-index.htm>

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_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._

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