JPST vs ICSH: Holdings Overlap
JPSTJPMorgan Ultra-Short Income ETF
JPMorgan · 727 holdings · $40.4B · as of 2026-05-31
ICSHiShares Ultra Short Duration Bond Active ETF
iShares · 236 holdings · $8.4B · as of 2026-04-30
Holdings snapshots are 31 days apart (JPST: 2026-05-31, ICSH: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are JPST and ICSH?
JPMorgan Ultra-Short Income ETF (JPST, by JPMorgan) holds 727 positions; iShares Ultra Short Duration Bond Active ETF (ICSH, by iShares) holds 236. They have 66 holdings in common, and by portfolio weight the two funds are 6.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 66JPST holds 727 · ICSH holds 236
- Weight in Shared Holdings
- JPST 9%·ICSH 17%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 JPST
661 of 727 positions (70.3% of the fund) are not held by ICSH. Showing the top 30 by weight.
- U.S. Treasury Notes0.70%
- Capital One Financial Corp.0.59%
- Athene Global Funding0.58%
- U.S. Treasury Notes0.52%
- AbbVie, Inc.0.51%
- Federation des Caisses Desjardins du Quebec0.50%
Only in ICSH
170 of 236 positions (35.5% of the fund) are not held by JPST. Showing the top 30 by weight.
- Northwestern Mutual Global Funding0.79%
- Salesforce Inc0.73%
- Honeywell Aerospace Inc0.73%
- Athene Global Funding0.71%
- MassMutual Global Funding II0.68%
- Athene Global Funding0.66%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| JPST | +0.4% | +2.1% | +4.0% | +5.1% | +3.7% | — | 4.20% |
| ICSH | +0.4% | +2.1% | +4.0% | +5.1% | +3.8% | +2.8% | 4.20% |
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 JPST vs ICSH →
Shared Holdings(66)
The top 10 shared positions account for 38% of the overlap, led by U.S. Treasury Notes, Hyundai Auto Lease Securitization Trust, Series 2026-A, Class A2A and Toyota Auto Receivables Owner Trust, Series 2026-B, Class A2A.
| U.S. Treasury Notes | 2.31% | 0.48% | 0.48% |
|---|---|---|---|
| Hyundai Auto Lease Securitization Trust, Series 2026-A, Class A2A | 0.29% | 0.37% | 0.29% |
| Toyota Auto Receivables Owner Trust, Series 2026-B, Class A2A | 0.28% | 0.25% | 0.25% |
| Goldman Sachs Group, Inc. (The) | 0.25% | 0.23% | 0.23% |
| NatWest Markets plc | 0.24% | 0.23% | 0.23% |
| UBS AG/Stamford CT | 0.22% | 0.67% | 0.22% |
| Truist Bank | 0.22% | 0.50% | 0.22% |
| Amazon.com, Inc. | 0.22% | 0.49% | 0.22% |
| NatWest Markets plc | 0.19% | 0.44% | 0.19% |
| Mercedes-Benz Finance North America LLC | 0.29% | 0.19% | 0.19% |
| Hyundai Capital America | 0.17% | 0.19% | 0.17% |
| Pacific Life Global Funding II | 0.17% | 0.75% | 0.17% |
| Stryker Corp. | 0.15% | 0.36% | 0.15% |
| Morgan Stanley Private Bank NA | 0.15% | 0.73% | 0.15% |
| New York Life Global Funding | 0.15% | 0.73% | 0.15% |
| John Deere Capital Corp., Series I | 0.14% | 0.23% | 0.14% |
| Hyundai Capital America | 0.14% | 0.20% | 0.14% |
| AbbVie, Inc. | 0.14% | 0.15% | 0.14% |
| Hyundai Auto Lease Securitization Trust, Series 2026-B, Class A2A | 0.13% | 0.56% | 0.13% |
| Wells Fargo & Co., Series W | 0.16% | 0.13% | 0.13% |
| NextEra Energy Capital Holdings, Inc. | 0.12% | 0.14% | 0.12% |
| Hyundai Capital America | 0.12% | 0.17% | 0.12% |
| Sumitomo Mitsui Trust Bank Ltd. | 0.11% | 0.19% | 0.11% |
| Amphenol Corp. | 0.11% | 0.37% | 0.11% |
| Hyundai Capital America | 0.11% | 0.12% | 0.11% |
Frequently Asked Questions
How much do JPST and ICSH overlap?
JPST and ICSH overlap by 6.6% of portfolio weight. They share 66 holdings (JPST holds 727 positions and ICSH holds 236), based on each fund's latest SEC-reported holdings.
Is it redundant to own both JPST and ICSH?
The two portfolios are 6.6% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of JPST and ICSH?
The largest positions held by both funds are U.S. Treasury Notes, Hyundai Auto Lease Securitization Trust, Series 2026-A, Class A2A, Toyota Auto Receivables Owner Trust, Series 2026-B, Class A2A, Goldman Sachs Group, Inc. (The) and NatWest Markets plc. Together the top 10 shared positions account for 38% of the total overlap.
What does JPST own that ICSH doesn't?
661 positions (70.3% of JPST) are unique to JPST, led by U.S. Treasury Notes, Capital One Financial Corp. and Athene Global Funding. In the other direction, 170 positions (35.5% of ICSH) are unique to ICSH.