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 63 ETFs traded on the U.S. markets, Muni ETFs have total assets under management of $69.80B. 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 $25.31B in assets. In the last trailing year, the best-performing Muni ETF was FMHI at 5.91%. The most recent ETF launched in the Muni space was the IQ MacKay California Municipal Intermediate ETF MMCA on 12/21/21.

Top ETF Performers

BSMM Invesco BulletShares 2022 Municipal Bond ETF 0.03%
MMCA IQ MacKay California Municipal Intermediate ETF --
IBMK iShares iBonds Dec 2022 Term Muni Bond ETF -0.06%
MEAR BlackRock Short Maturity Municipal Bond ETF -0.12%
JMST JPMorgan Ultra-Short Municipal Income ETF -0.17%

Bottom ETF Performers

XMPT VanEck CEF Muni Income ETF -3.61%
BAB Invesco Taxable Municipal Bond ETF -2.54%
MCEF First Trust Municipal CEF Income Opportunity ETF -2.07%
MLN VanEck Long Muni ETF -1.67%
MMIT IQ MacKay Municipal Intermediate ETF -1.42%

Top Creations

MUB iShares National Muni Bond ETF 743.36
SUB iShares Short-Term National Muni Bond ETF 412.33
JMST JPMorgan Ultra-Short Municipal Income ETF 132.63
SHM SPDR Nuveen Bloomberg Short Term Municipal Bond ETF 108.23
TFI SPDR Nuveen Bloomberg Municipal Bond ETF 93.16

Top Redemptions

BAB Invesco Taxable Municipal Bond ETF -42.96
MBND SPDR Nuveen Municipal Bond ETF -5.99
PWZ Invesco California AMT-Free Municipal Bond ETF -1.40
AVMU Avantis Core Municipal Fixed Income ETF 0
MMCA IQ MacKay California Municipal Intermediate ETF 0

AUM Winners

DFNM Dimensional National Municipal Bond ETF 54.74%
MUST Columbia Multi-Sector Municipal Income ETF 22.19%
BSMN Invesco BulletShares 2023 Municipal Bond ETF 21.13%
MCEF First Trust Municipal CEF Income Opportunity ETF 17.17%
BSMT Invesco BulletShares 2029 Municipal Bond ETF 15.53%

AUM Losers

BAB Invesco Taxable Municipal Bond ETF -2.54%
MBND SPDR Nuveen Municipal Bond ETF -1.85%
PWZ Invesco California AMT-Free Municipal Bond ETF -1.59%
BSMV Invesco BulletShares 2031 Municipal Bond ETF -1.37%
BSMU Invesco BulletShares 2030 Municipal Bond ETF -1.33%

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