SHM vs VOO: Holdings Overlap
SHMState Street® SPDR® Nuveen ICE Short Term Municipal Bond ETF
State Street (SPDR) · 967 holdings · $3.5B · as of 2026-08-07
Vanguard · 504 holdings · $1.03T · as of 2026-03-31
Holdings snapshots are 129 days apart (SHM: 2026-08-07, VOO: 2026-03-31). 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 SHM and VOO?
State Street® SPDR® Nuveen ICE Short Term Municipal Bond ETF (SHM, by State Street (SPDR)) holds 967 positions; Vanguard 500 Index Fund (VOO, by Vanguard) holds 504. 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
- 0SHM holds 967 · VOO holds 504
- Weight in Shared Holdings
- SHM 0%·VOO 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 SHM
967 of 967 positions (99.3% of the fund) are not held by VOO. 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 |
|---|---|---|---|---|---|---|---|
| SHM | +0.1% | +1.1% | +2.0% | +3.0% | +0.9% | +1.3% | 2.68% |
| VOO | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.03% |
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 SHM vs VOO →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do SHM and VOO overlap?
SHM and VOO overlap by 0.0% of portfolio weight. They share 0 holdings (SHM holds 967 positions and VOO holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SHM and VOO?
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 SHM own that VOO doesn't?
967 positions (99.3% of SHM) are unique to SHM, led by CAS 5.000 09/01/28, SEEPWR 5.000 10/01/30 and CAS 5.000 10/01/27. In the other direction, 504 positions (99.8% of VOO) are unique to VOO.