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 56 ETFs traded in the U.S. markets, Muni ETFs gather total assets under management of $40.73B. The average expense ratio is 0.33%. 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 $14.78B in assets. In the last trailing year, the best performing Muni ETF was the XMPT at 20.59%. The most-recent ETF launched in the Muni space was the Overlay Shares Municipal Bond ETF OVM in 09/30/19.

Top ETF Performers

BAB Invesco Taxable Municipal Bond ETF 1.15%
OVM Overlay Shares Municipal Bond ETF 1.03%
MCEF First Trust Municipal CEF Income Opportunity ETF 0.74%
HYD VanEck Vectors High-Yield Municipal Index ETF 0.58%
XMPT VanEck Vectors CEF Municipal Income ETF 0.54%

Bottom ETF Performers

BSMS Invesco BulletShares 2028 Municipal Bond ETF -0.39%
BSMR Invesco BulletShares 2027 Municipal Bond ETF -0.30%
BSMQ Invesco BulletShares 2026 Municipal Bond ETF -0.14%
IBMQ iShares iBonds Dec 2028 Term Muni Bond ETF -0.14%
ITM VanEck Vectors AMT-Free Intermediate Municipal Index ETF -0.06%

Top Creations

MUB iShares National Muni Bond ETF 307.27
HYD VanEck Vectors High-Yield Municipal Index ETF 183.06
HYMB SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF 100.84
FMB First Trust Managed Municipal ETF 55.51
SUB iShares Short-Term National Muni Bond ETF 53.24

Top Redemptions

TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF -66.20
ITM VanEck Vectors AMT-Free Intermediate Municipal Index ETF -5.09
BSMM Invesco BulletShares 2022 Municipal Bond ETF 0
FUMB First Trust Ultra Short Duration Municipal ETF 0
BSMO Invesco BulletShares 2024 Municipal Bond ETF 0

AUM Winners

OVM Overlay Shares Municipal Bond ETF 178.00%
IBMO iShares iBonds Dec 2026 Term Muni Bond ETF 21.48%
IBMP iShares iBonds Dec 2027 Term Muni Bond ETF 16.65%
FSMB First Trust Short Duration Managed Municipal ETF 15.76%
IBMQ iShares iBonds Dec 2028 Term Muni Bond ETF 15.62%

AUM Losers

MCEF First Trust Municipal CEF Income Opportunity ETF -17.80%
IBMI iShares iBonds Sep 2020 Term Muni Bond ETF -0.36%
FLMB Franklin Liberty Municipal Bond ETF -0.15%
BSMT Invesco BulletShares 2029 Municipal Bond ETF -0.15%
BSMS Invesco BulletShares 2028 Municipal Bond ETF -0.06%

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