JMUB vs PAVE: Holdings Overlap
JPMorgan · 1884 holdings · $8.4B · as of 2026-05-31
PAVEGlobal X U.S. Infrastructure Development ETF
Global X · 100 holdings · $14.1B · as of 2026-05-31
How similar are JMUB and PAVE?
JPMorgan Municipal ETF (JMUB, by JPMorgan) holds 1884 positions; Global X U.S. Infrastructure Development ETF (PAVE, by Global X) holds 100. They have 0 holdings in common, and by portfolio weight the two funds are 0.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 0JMUB holds 1884 · PAVE holds 100
- Weight in Shared Holdings
- JMUB 0%·PAVE 0%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 JMUB
1884 of 1884 positions (83.7% of the fund) are not held by PAVE. Showing the top 30 by weight.
- Black Belt Energy Gas District, Gas Project, Series 2026A0.77%
- California Community Choice Financing Authority, Clean Energy Project, Series 2026B0.70%
- California Health Facilities Financing Authority, Rady Children's Health, Series 2026B-30.67%
- California Community Choice Financing Authority, Clean Energy Project, Series 2026C0.61%
- Buckeye Tobacco Settlement Financing Authority, Series 2020B-2, Class 20.55%
- Puerto Rico Sales Tax Financing Corp. Sales Tax, Series A-20.51%
Only in PAVE
100 of 100 positions (99.9% of the fund) are not held by JMUB. Showing the top 30 by weight.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| JMUB | -0.7% | +1.0% | +4.8% | +3.8% | +1.0% | — | 3.65% |
| PAVE | +4.0% | +23.0% | +29.9% | +22.7% | +18.1% | — | 0.73% |
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 JMUB vs PAVE →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do JMUB and PAVE overlap?
JMUB and PAVE overlap by 0.0% of portfolio weight. They share 0 holdings (JMUB holds 1884 positions and PAVE holds 100), based on each fund's latest SEC-reported holdings.
Is it redundant to own both JMUB and PAVE?
The two portfolios are 0.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What does JMUB own that PAVE doesn't?
1884 positions (83.7% of JMUB) are unique to JMUB, led by Black Belt Energy Gas District, Gas Project, Series 2026A, California Community Choice Financing Authority, Clean Energy Project, Series 2026B and California Health Facilities Financing Authority, Rady Children's Health, Series 2026B-3. In the other direction, 100 positions (99.9% of PAVE) are unique to PAVE.