Muni ETF Overview

Muni bond ETFs invest in municipal bonds. These bonds are issued by a local government or territory, or their agencies. One of the attractive features of municipal bonds is that interest income is excluded from gross income for federal income tax purposes.

Municipal bond ETFs are part of the following ETF.com market segments:

With 38 ETFs traded in the U.S. markets, Muni ETFs gather total assets under management of $29.13B. The average expense ratio is of 0.36%. Muni ETFs can be found in the following asset classes:

  • Equity
  • Fixed Income
  • Commodities

The largest Muni ETF is the iShares National Muni Bond ETF MUB with $9.19B in assets. In the last trailing year, the best performing Muni ETF was the HYD at 11.10%. The most-recent ETF launched in the Muni space was the First Trust Municipal High Income ETF FMHI in 11/01/17.

TOP ETF PERFORMERS

FLMBFranklin Liberty Municipal Bond ETF1.22%
MCEFFirst Trust Municipal CEF Income Opportunity ETF1.14%
XMPTVanEck Vectors CEF Municipal Income ETF1.00%
HYDVanEck Vectors High-Yield Municipal Index ETF0.48%
MMINIQ MacKay Shields Municipal Insured ETF 0.48%

BOTTOM ETF PERFORMERS

IBMKiShares iBonds Dec 2022 Term Muni Bond ETF-0.88%
IBMJiShares iBonds Dec 2021 Term Muni Bond ETF-0.75%
IBMLiShares iBonds Dec 2023 Term Muni Bond ETF-0.70%
SMBVanEck Vectors AMT-Free Short Municipal Index ETF-0.59%
SHMSPDR Nuveen Barclays Short Term Municipal Bond ETF-0.55%

top creations

VTEBVanguard Tax-Exempt Bond ETF118.62
TFISPDR Nuveen Barclays Municipal Bond ETF88.21
HYDVanEck Vectors High-Yield Municipal Index ETF34.42
FMBFirst Trust Managed Municipal ETF31.93
PZAPowerShares National AMT-Free Municipal Bond Portfolio30.42

top redemptions

HYMBSPDR Nuveen S&P High Yield Municipal Bond ETF-16.74
ITMVanEck Vectors AMT-Free Intermediate Municipal Index ETF-12.18
FMHIFirst Trust Municipal High Income ETF-0.00
FLMBFranklin Liberty Municipal Bond ETF--
FLMIFranklin Liberty Intermediate Municipal Opportunities ETF--

AUM WINNERS

IBMLiShares iBonds Dec 2023 Term Muni Bond ETF26.09%
VTEBVanguard Tax-Exempt Bond ETF11.49%
FMBFirst Trust Managed Municipal ETF10.90%
MEARiShares Short Maturity Municipal Bond ETF10.42%
PWZPowerShares California AMT-Free Municipal Bond Portfolio7.07%

AUM LOSERS

HYMBSPDR Nuveen S&P High Yield Municipal Bond ETF-9.35%
MCEFFirst Trust Municipal CEF Income Opportunity ETF-1.76%
SHMSPDR Nuveen Barclays Short Term Municipal Bond ETF-0.85%
SHYDVanEck Vectors Short High-Yield Municipal Index ETF-0.28%
SMBVanEck Vectors AMT-Free Short Municipal Index ETF-0.24%

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