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 40 ETFs traded in the U.S. markets, Muni ETFs gather total assets under management of $32.24B. The average expense ratio is 0.35%. Muni ETFs can be found in the following asset classes:

  • Fixed Income

The largest Muni ETF is the iShares National Muni Bond ETF MUB with $9.87B in assets. In the last trailing year, the best performing Muni ETF was the HYD at 5.99%. The most-recent ETF launched in the Muni space was the iShares iBonds Dec 2024 Term Muni Bond ETF IBMM in 03/20/18.

TOP ETF PERFORMERS

FCALFirst Trust California Municipal High Income ETF1.05%
MLNVanEck Vectors AMT-Free Long Municipal Index ETF0.96%
PRBVanEck Vectors Pre-Refunded Municipal Index ETF0.95%
FMHIFirst Trust Municipal High Income ETF0.90%
SHYDVanEck Vectors Short High-Yield Municipal Index ETF0.82%

BOTTOM ETF PERFORMERS

FLMIFranklin Liberty Intermediate Municipal Opportunities ETF-0.19%
HMOPHartford Municipal Opportunities ETF-0.03%
IBMGiShares iBonds Sep 2018 Term Muni Bond ETF-0.00%
MCEFFirst Trust Municipal CEF Income Opportunity ETF-0.00%
MMITIQ MacKay Shields Municipal Intermediate ETF-0.00%

top creations

MUBiShares National Muni Bond ETF630.57
VTEBVanguard Tax-Exempt Bond ETF289.90
HYDVanEck Vectors High-Yield Municipal Index ETF172.11
CMFiShares California Muni Bond ETF105.12
HYMBSPDR Nuveen S&P High Yield Municipal Bond ETF28.19

top redemptions

TFISPDR Nuveen Barclays Municipal Bond ETF-9.63
SMBVanEck Vectors AMT-Free Short Municipal Index ETF-9.52
SHMSPDR Nuveen Barclays Short Term Municipal Bond ETF-4.78
FMHIFirst Trust Municipal High Income ETF--
IBMGiShares iBonds Sep 2018 Term Muni Bond ETF--

AUM WINNERS

IBMMiShares iBonds Dec 2024 Term Muni Bond ETF20.60%
IBMLiShares iBonds Dec 2023 Term Muni Bond ETF9.25%
MUBiShares National Muni Bond ETF5.96%
XMPTVanEck Vectors CEF Municipal Income ETF4.82%
FMBFirst Trust Managed Municipal ETF4.51%

AUM LOSERS

MEARiShares Short Maturity Municipal Bond ETF-6.82%
SMBVanEck Vectors AMT-Free Short Municipal Index ETF-4.24%
PZTInvesco New York AMT-Free Municipal Bond ETF-3.24%
RVNUXtrackers Municipal Infrastructure Revenue Bond ETF-1.75%
MCEFFirst Trust Municipal CEF Income Opportunity ETF-0.36%

Daily ETF Watch

ETF Week: Big Vanguard News; Fund To Revamp

It was a quiet holiday week, with one glaring exception.

Daily ETF Watch

iShares Expanding Bond ETF Offering

New filings from iShares indicate it’s picking up the pace of its expansion of its target-maturity bond ETFs.

Features and News

Top Performing Fixed Income ETFs

Overall, it's been a down year for fixed income, but there's been a handful of stellar performers.

Daily ETF Watch

ETF Week: Gold Fund Debuts; Whiskey ETF Closing

Plus, unique launches from Amplify, First Trust, Equbot and O’Shares.

Daily ETF Watch

Invesco To Add New BulletShares Family

The newly renamed issuer has filed for 10 target-maturity ETFs that will cover muni bonds.

Features and News

iShares Slashes Bond ETF Fees

BlackRock cuts fees and changes indexes for several of its core ETFs. 

Features and News

Why Summer Heats Up Muni Bond ETFs

So far this year, the municipal market has outperformed Treasuries and corporates.

Features and News

Under The Hood: Short Term Bond ETFs

After six Fed rate hikes in the past 2 1/2 years, it finally pays to hold cash. 

ETF.com Live Chat!

Bond ETF Liquidity & QQQ's Strange Popularity

ETF.com's Dave Nadig answers readers' ETF questions in real time. Here's the transcript.