# Portfolio overlap — SMB vs FSMB Comparing **VanEck Short Muni ETF** (2026-01-31) and **First Trust Short Duration Managed Municipal ETF** (2026-04-30). - Shared positions: 17 - VanEck Short Muni ETF covered by First Trust Short Duration Managed Municipal ETF: 0.03870639593657854818722587258 - First Trust Short Duration Managed Municipal ETF covered by VanEck Short Muni ETF: 0.03870639593657854818722587259 ## VanEck Short Muni ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | CALIFORNIA COMMUNITY VAR | 0.016986 | ✓ | | State of California | 0.010916 | | | MASSACHUSETTS ST | 0.010180 | | | State of New Jersey | 0.009670 | | | KS ST DEV FIN 5% 11/15/2054 | 0.009191 | | | NYC HSG DEV CORP-B-2 | 0.008607 | ✓ | | SOUTHERN CALIFORNIA EDISON CO 1.75% 09-01-29 | 0.007948 | | | MA WTR RES REF-BEN-B | 0.007606 | | | MUNIBOND | 0.007462 | ✓ | | MA WTR RES AUTH-C-REF | 0.007382 | | | King (County of), WA, Series 2017, Ref. GO Bonds | 0.007220 | | | TN ENERGY ACQ CORP-A | 0.007206 | | | MAIN STR NAT GA 5% MT | 0.007193 | ✓ | | Honolulu (City & County of), HI (Honolulu Rail Transit), Series 2020, Ref. GO Bonds | 0.007170 | | | California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 D, RB | 0.007090 | | | CHICAGO IL-A-REF | 0.007058 | | | ORLANDO FL TOURIST DEV TAX REVENUE | 0.006976 | | | FORT BEND TX INDEP SCH DIST | 0.006972 | | | CONROE TX INDEP SCH DIST | 0.006901 | | | LOS ANGELES UNIF SD-A | 0.006359 | | | State of Connecticut Special Tax Revenue | 0.006271 | | | S E ENERGY COOP DT | 0.006260 | | | NJ NJSEDU 07/01/2064 | 0.005638 | | | Maryland (State of) (Bidding Group 1), Series 2020 A, GO Bonds | 0.005565 | | | State of California, Series 2019 | 0.005545 | | | State of North Carolina, Series 2019 | 0.005433 | | | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE | 0.005398 | | | OHIO VALLEY ELECTRIC CORP 4.25% 11-01-30 | 0.005367 | | | CURATORS OF THE UNIV OF MISSOURI MO SYS FACS REVENUE | 0.005270 | | | MESA UTL SYS-REF | 0.005224 | | | NY MTA TRANSP 5% 11/15/2031 | 0.005103 | | | CA ST UNIV-A | 0.005102 | | | PEFA INC VAR | 0.005092 | ✓ | | KERN CA HIGH SCH DIST | 0.005089 | | | MAIN STR NAT GA 4% 3/1/2050 | 0.005061 | ✓ | | NYC TRANSITIONL-S-1 | 0.004789 | | | Allen (County of), OH (Mercy Health), Series 2020, Ref. RB | 0.004574 | | | State of California, Series C | 0.004572 | | | COLUMBUS OH | 0.004523 | | | NY DORM-A-SCH DISTS | 0.004517 | | | CTR PLN ENG GAS 5% 9/1/2031 | 0.004468 | | | NY TRANS CORP 5% 12/1/2030 | 0.004267 | | | MAIN STR NAT GA 4% 07/01/2052 MT | 0.004261 | ✓ | | CENTRL FL EXPRESSWAY AUTH SR LIEN REVENUE | 0.004214 | | | JACKSON CNTY OR SCH DIST #549C | 0.004199 | | | North Carolina (State of), Series 2020 A, GO Bonds | 0.004106 | | | NYC TRANS FIN-A-E-1 | 0.004093 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2022A-1 | 0.004060 | | | Jefferson County School District R-1, Series 2018, GO Bonds | 0.004007 | | | STATE OF CALIFORNIA 5.0% 10-01-31 | 0.003871 | | ## First Trust Short Duration Managed Municipal ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | Southeast Energy Authority, Alabama, Revenue Bonds Cooperative District Energy Supply Series 2024C | 0.010781 | | | County of Utah UT | 0.008459 | | | OH OHSDEV 11/01/2039 | 0.008131 | | | Wisconsin (State of) Public Finance Authority (Duke Energy Progress), Series 2022, Ref. RB | 0.007243 | | | St. John the Baptist (Parish of), LA (Marathon Oil Corp.), Series 2017, Ref. RB | 0.006812 | | | Main Street Energy, Inc., Series D | 0.006590 | | | Palm Beach (County of), FL Health Facilities Authority (ACTS Retirement-Life Communities, Inc.), Series 2016, Ref. RB | 0.006334 | | | NYC MUNI WTR FIN-BB | 0.005921 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2025A | 0.005890 | ✓ | | Black Belt Energy Gas District | 0.005821 | | | BLACK BELT ENERGY GAS VAR | 0.005787 | | | NM MUNI ENERGY ACQ AU | 0.005721 | | | NEW YORK ST HSG FIN AGY AFFORDABLE HSG REVENUE | 0.005317 | | | LOS ANGELES CA DEPT OF ARPTS A REGD B/E AMT 5.00000000 | 0.005316 | | | ALLEGHENY HOSP DEV-A | 0.005231 | | | WHITING IN ENVRNMNTL FACS REVE REGD V/R B/E AMT 5.00000000 | 0.005204 | | | MD CMNTY DEV-D-2 | 0.005135 | ✓ | | UNITED AIRLINES INC 4.0% 07-15-29 | 0.005107 | | | WASTE MANAGEMENT INC (MPT) 3.45% 11-01-44 | 0.005076 | | | NEW YORK NY REGD V/R B/E 2.65000000 | 0.005075 | | | NORTH CAROLINA ST HSG FIN AGYM REGD V/R B/E 5.00000000 | 0.004917 | | | TX TMGUTL 01/01/2054 | 0.004815 | ✓ | | FARM N MEX PCR 0% 6/1/2040 MT | 0.004764 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024B | 0.004620 | | | DFW ARPT 5% 11/1/2031 @ | 0.004612 | | | FLORIDA DEV FIN CORP HLTHCAREFACS REVENUE | 0.004581 | | | City of Atlanta GA Department of Aviation | 0.004563 | | | TN TNSUTL 05/01/2053 | 0.004354 | ✓ | | City of Philadelphia PA Airport Revenue | 0.004342 | | | FAIRFAX C VA 5% 1/1/2045 MT | 0.004323 | | | WASTE MANAGEMENT INC (MPT) 3.45% 10-01-41 | 0.004255 | | | NORTH BLOCK ASSOCIATES LLC HUD SECT 8 FHA 221(D)(4) (MPT) 3.4% 02-01-29 | 0.004249 | | | COUNTY OF TRIMBLE KY TRMENV 06/33 FIXED 3.75 | 0.004234 | | | ARKANSAS DEV FIN AUTH ENVIRONM REGD V/R B/E AMT 4.00000000 | 0.004223 | | | MOBILE PCR-VAR-AL PWR | 0.004192 | | | MTRO WA DC ARPT 5% 10/1/2031 @ | 0.004155 | | | LEHIGH PA_IDA 3% 9/1/2029 | 0.004146 | | | INDIANAPOLIS IN LOCAL PUBLIC I REGD N/C B/E AMT 5.00000000 | 0.004125 | | | State of Illinois, Series C | 0.004124 | | | NORTHWESTERN CORP 3.875% 07-01-28 | 0.004114 | ✓ | | HOUSTON-UTL SYS-B-REF | 0.004101 | | | DE ST EDA 3.60% 1/1/31 | 0.004093 | | | PEFA INC VAR | 0.004075 | ✓ | | TENNERGY CORP TN GAS REVENUE TENNERGY CORP/TN | 0.004035 | | | NY TRANS CORP 5% 1/1/2032 @ | 0.004010 | | | SOUTHEAST ENERGY-F | 0.003984 | | | SOUTHEAST ENERGY AUTH VAR | 0.003963 | | | South Carolina Jobs-Economic Development Authority, Series 2023A | 0.003914 | | | MTRO WA DC ARPT 5% 10/1/2035 @ | 0.003899 | | | NYC HSG DEV CORP-F-2A | 0.003825 | | ## Sources - N-PORT (fund A) — accession `0001410368-26-033187` (as of 2026-01-31) - N-PORT (fund B) — accession `0000940400-26-025147` (as of 2026-04-30) --- _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._ _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._ _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. See _