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 59 ETFs traded on the U.S. markets, Muni ETFs have total assets under management of $59.32B. The average expense ratio is 0.34%. 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 $21.84B in assets. In the last trailing year, the best-performing Muni ETF was XMPT at 23.29%. The most recent ETF launched in the Muni space was the BlackRock High Yield Muni Income Bond ETF HYMU on 03/16/21.

Top ETF Performers

XMPT VanEck Vectors CEF Municipal Income ETF 3.20%
MCEF First Trust Municipal CEF Income Opportunity ETF 2.50%
HYD VanEck Vectors High Yield Muni ETF 1.93%
PZT Invesco New York AMT-Free Municipal Bond ETF 1.77%
HYMU BlackRock High Yield Muni Income Bond ETF 1.73%

Bottom ETF Performers

BSML Invesco BulletShares 2021 Municipal Bond ETF -0.10%
MEAR BlackRock Short Maturity Municipal Bond ETF -0.01%
FUMB First Trust Ultra Short Duration Municipal ETF 0.00%
IBML iShares iBonds Dec 2023 Term Muni Bond ETF 0.02%
JMST JPMorgan Ultra-Short Municipal Income ETF 0.03%

Top Creations

MUB iShares National Muni Bond ETF 662.81
SUB iShares Short-Term National Muni Bond ETF 172.13
JMST JPMorgan Ultra-Short Municipal Income ETF 127.58
SHM SPDR Nuveen Bloomberg Barclays Short Term Municipal Bond ETF 114.05
FMB First Trust Managed Municipal ETF 110.79

Top Redemptions

BAB Invesco Taxable Municipal Bond ETF -6.45
IBMJ iShares iBonds Dec 2021 Term Muni Bond ETF -6.42
OVM Overlay Shares Municipal Bond ETF -1.95
MLN VanEck Vectors Long Muni ETF -0.01
HYMU BlackRock High Yield Muni Income Bond ETF 0

AUM Winners

BSMT Invesco BulletShares 2029 Municipal Bond ETF 26.31%
FSMB First Trust Short Duration Managed Municipal ETF 23.85%
AVMU Avantis Core Municipal Fixed Income ETF 23.12%
BSMP Invesco BulletShares 2025 Municipal Bond ETF 18.79%
MMIT IQ MacKay Municipal Intermediate ETF 16.62%

AUM Losers

OVM Overlay Shares Municipal Bond ETF -14.78%
IBMJ iShares iBonds Dec 2021 Term Muni Bond ETF -4.09%
BSML Invesco BulletShares 2021 Municipal Bond ETF -0.06%
MEAR BlackRock Short Maturity Municipal Bond ETF -0.03%
BSMM Invesco BulletShares 2022 Municipal Bond ETF 0.00%

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BlackRock Debuts Active Muni ETF

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State Street Debuts Nuveen Managed Muni ETF

The new fund targets the municipal bond space and leverages Nuveen's expertise.

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State Street Debuts Nuveen Managed Muni ETF

The new fund targets the municipal bond space and leverages Nuveen's expertise.

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Avantis Tackles Muni ETF Space

The actively managed ETF invests in investment-grade municipal bonds. 

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BlackRock Announces Branding Change

The issuer is splitting its ETFs between the iShares and BlackRock brand names.