SHMvsFUSIETF Comparison
ETF 1
SHM
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
This fund is part of
Municipal Bonds
-0.69%
VS
ETF 2
FUSI
American Century Multisector Floating Income ETF
This fund is part of
US Aggregate Bonds
-0.54%
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM) belongs to the Municipal Bonds segment. American Century Multisector Floating Income ETF (FUSI) is part of the US Aggregate Bonds segment. SHM's top 1 sector exposures are Municipal. In contrast, FUSI's top sector exposures are Industrials and Sovereign. SHM is more expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.19% for FUSI. SHM is up 0.27% year-to-date (YTD) with +$33M in YTD flows. FUSI performs better with 3.26% YTD performance, and +$15M in YTD flows. Run a side-by-side ETF comparison of SHM and FUSI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
SHM vs FUSI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/10/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SHM FUSI | -0.77%+0.37% | -0.58%+1.15% | +0.27%+3.26% | +0.31%+4.80% | +8.10%+18.11% | +3.82%n/a |
| Flows | SHM FUSI | +$57M+$15M | +$86M+$15M | +$33M+$15M | +$115M-$13M | -$555M+$18M | -$1.21B- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SHM FUSI | +1.28%+0.23% | +1.02%+0.29% | +1.59%+0.42% | +1.66%n/a |
| Max drawdown | SHM FUSI | -0.87%n/a | -1.10%-0.08% | -2.01%-0.32% | -6.52%n/a |
| Max drawdown duration | SHM FUSI | 66dn/a | 193d4d | 66d19d | 1074dn/a |
Trading data
SHM | FUSI | |
Last sale 9/11/2026 at 1:30 PM | $47.31 | $50.44 |
| Previous close 09/10/2026 | $47.30 | $50.45 |
| Consolidated volume 09/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 12, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
FUSI
is actively managed and doesn’t replicate an indexSHM | FUSI | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/11/2026 at 1:30 PM
Live
Closed
SHM | FUSI | |
|---|---|---|
| Last price | $47.31 | $50.44 |
| 1D performance | +0.02% | -0.02% |
| AuM | $3.49 B | $37.79 M |
| E/R | 0.2% | 0.19% |
Characteristics
SHM | FUSI | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | State Street Investment Management | American Century Investments |
| Benchmark | ICE 1-5 Year AMT-Free Broad Municipal Index | - |
| N° of holdings | 325 | 17 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 10, 2007 | March 16, 2023 |
| ESG | No | No |
Advertisement
Exposure
Countries
SHM
USA
33.54%
Other
66.46%
FUSI
USA
33.18%
Other
66.82%
Sectors
SHM
Municipal
33.54%
Other
66.46%
FUSI
Industrials
23.26%
Sovereign
9.92%
Other
66.82%
Advertisement
Diversification
SHM
Total weight of top 15 holdings out of 15
7.09%
FUSI
Total weight of top 15 holdings out of 15
45.28%
Top 15 holdings
Data as of July 31, 2026
SHM
US84136HCT86
0.93%
California Public Works Board, 5% 1oct2027, USD
0.70%
New York Dormitory Authority, 2.5% 1jul1993, USD
0.62%
US13063ELG97
0.53%
California, 5% 1sep2028, USD
0.50%
US13063EAW66
0.46%
Triborough Bridge and Tunnel Authority, 5% 15nov2028, USD (2023B)
0.41%
US91412HTD51
0.41%
City of New York, 5.7% 1feb2006, USD
0.40%
New Jersey Transportation Trust Fund Authority, 5% 15dec2027, USD
0.37%
US343137RQ01
0.37%
US574204W906
0.36%
US61334PFH10
0.36%
US13013JBJ43
0.34%
Connecticut, 5% 15jul2027, USD
0.33%
FUSI
USA, Notes FRN 31jan2027, USD (AX-2027)
9.92%
LCM 35A, FRN 15oct2034, USD (ABS, BR)
4.41%
Atlas Senior Loan Fund 2021-17A, FRN 20oct2034, USD (ABS, B1)
3.31%
US3136BV2T46
2.98%
US12659VAA89
2.51%
US48251FAJ03
2.25%
US929342AA13
2.23%
BX Commercial Mortgage Trust 2026-CSMO, FRN 17feb2043, USD (ABS, A)
2.21%
Brant Point CLO 2023-1A, FRN 26jul2038, USD (ABS, BR)
2.21%
US559916AG67
2.21%
TPG Real Estate Finance Issuer 2025-FL6, FRN 18sep2042, USD (ABS, A)
2.21%
US05594VAC63
2.21%
US55819GBC24
2.21%
US883932AS42
2.21%
US87168YAS90
2.21%
Frequently asked questions about SHM and FUSI
How have the SHM and FUSI ETFs performed in 2026?
As of September 10, 2026, SHM is up 0.27% year-to-date (YTD), while FUSI has returned 3.26%. That puts FUSI better performer ahead so far this year.
Which ETF is attracting more investor money: SHM or FUSI?
Year-to-date, the SHM ETF saw +$33M in flows, compared to +$15M for FUSI.
Which ETF is more volatile: SHM or FUSI?
Over the past year, SHM had a volatility of 1.02%, while FUSI experienced 0.29%.
Which ETF is bigger: SHM or FUSI?
As of September 10, 2026, SHM holds $3.49 B in assets under management (AUM), while FUSI manages $37.79 M.
What sectors do the SHM and FUSI ETFs invest in?
SHM leans toward sectors like Municipal. Meanwhile, FUSI focuses on Industrials and Sovereign.
What are the top holdings of the SHM ETF and FUSI ETF?
SHM top holdings include US84136HCT86, California Public Works Board, 5% 1oct2027, USD and New York Dormitory Authority, 2.5% 1jul1993, USD. FUSI holds in its top three: USA, Notes FRN 31jan2027, USD (AX-2027), LCM 35A, FRN 15oct2034, USD (ABS, BR) and Atlas Senior Loan Fund 2021-17A, FRN 20oct2034, USD (ABS, B1).
Which ETF is more diversified: SHM or FUSI?
SHM holds 1058 securities with 7.09% of its assets in the top 15. FUSI has 61 securities and a top 15 weight of 45.28%.
Advertisement
Latest news about SHM & FUSI
Which Types of Bond ETFs Are the Most Tax Efficient?
September 2, 2025
SHM
Floating Income + Tactical Sector Management
May 3, 2023
FUSI
Advertisement
Advertisement
