HYMB vs SHM: Holdings Overlap
HYMBState Street® SPDR® Nuveen ICE High Yield Municipal Bond ETF
State Street (SPDR) · 1878 holdings · $3.3B · as of 2026-08-07
SHMState Street® SPDR® Nuveen ICE Short Term Municipal Bond ETF
State Street (SPDR) · 967 holdings · $3.5B · as of 2026-08-07
How similar are HYMB and SHM?
State Street® SPDR® Nuveen ICE High Yield Municipal Bond ETF (HYMB, by State Street (SPDR)) holds 1878 positions; State Street® SPDR® Nuveen ICE Short Term Municipal Bond ETF (SHM, by State Street (SPDR)) holds 967. They have 17 holdings in common, and by portfolio weight the two funds are 1.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 17HYMB holds 1878 · SHM holds 967
- Weight in Shared Holdings
- HYMB 2%·SHM 2%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in HYMB
1861 of 1878 positions (97.6% of the fund) are not held by SHM. Showing the top 30 by weight.
- PRCGEN 5.000 07/01/582.28%
- PRCGEN 4.784 07/01/581.37%
- BUCGEN 5.000 06/01/551.27%
- PRC 4.000 07/01/460.78%
- PRC 4.000 07/01/410.57%
- PRCGEN 4.750 07/01/530.56%
Only in SHM
950 of 967 positions (97.2% of the fund) are not held by HYMB. Showing the top 30 by weight.
- CAS 5.000 09/01/280.97%
- SEEPWR 5.000 10/01/300.93%
- CAS 5.000 10/01/270.70%
- NYSGEN 5.000 03/15/290.62%
- TRBTRN 5.000 11/15/280.56%
- CAS 5.000 03/01/290.53%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| HYMB | -0.8% | +2.9% | +7.6% | +4.9% | +0.1% | +2.3% | 4.58% |
| SHM | +0.1% | +1.1% | +2.0% | +3.0% | +0.9% | +1.3% | 2.68% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in HYMB vs SHM →
Shared Holdings(17)
The top 10 shared positions account for 82% of the overlap, led by KYSPWR 5.250 06/01/55, SEEPWR 5.250 01/01/54 and KYSPWR 5.000 05/01/55.
| KYSPWR 5.250 06/01/55 | 0.21% | 0.32% | 0.21% |
|---|---|---|---|
| SEEPWR 5.250 01/01/54 | 0.16% | 0.18% | 0.16% |
| KYSPWR 5.000 05/01/55 | 0.14% | 0.16% | 0.14% |
| TMGUTL 5.500 01/01/54 | 0.13% | 0.21% | 0.13% |
| CCEDEV 5.500 05/01/54 | 0.16% | 0.12% | 0.12% |
| MONDEV 4.100 06/01/29 | 0.19% | 0.12% | 0.12% |
| CCEDEV 5.000 02/01/54 | 0.10% | 0.22% | 0.10% |
| BBEUTL 4.000 12/01/52 | 0.15% | 0.09% | 0.09% |
| TGYPWR 5.500 10/01/53 | 0.13% | 0.09% | 0.09% |
| MPNFAC 0.000 12/15/29 | 0.08% | 0.10% | 0.08% |
| MAIUTL 4.000 08/01/52 | 0.23% | 0.07% | 0.07% |
| TGYPWR 4.000 12/01/51 | 0.06% | 0.18% | 0.06% |
| CASMED 5.000 08/15/47 | 0.13% | 0.06% | 0.06% |
| NJS 4.000 06/01/31 | 0.03% | 0.12% | 0.03% |
| TXSUTL 5.000 12/15/30 | 0.03% | 0.03% | 0.03% |
| SLTPWR 5.250 12/01/27 | 0.01% | 0.06% | 0.01% |
| NJSDEV 3.375 07/01/30 | 0.02% | 0.01% | 0.01% |
Frequently Asked Questions
How much do HYMB and SHM overlap?
HYMB and SHM overlap by 1.5% of portfolio weight. They share 17 holdings (HYMB holds 1878 positions and SHM holds 967), based on each fund's latest SEC-reported holdings.
Is it redundant to own both HYMB and SHM?
The two portfolios are 1.5% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of HYMB and SHM?
The largest positions held by both funds are KYSPWR 5.250 06/01/55, SEEPWR 5.250 01/01/54, KYSPWR 5.000 05/01/55, TMGUTL 5.500 01/01/54 and CCEDEV 5.500 05/01/54. Together the top 10 shared positions account for 82% of the total overlap.
What does HYMB own that SHM doesn't?
1861 positions (97.6% of HYMB) are unique to HYMB, led by PRCGEN 5.000 07/01/58, PRCGEN 4.784 07/01/58 and BUCGEN 5.000 06/01/55. In the other direction, 950 positions (97.2% of SHM) are unique to SHM.