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 45 ETFs traded in the U.S. markets, Muni ETFs gather total assets under management of $33.26B. 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 $11.80B in assets. In the last trailing year, the best performing Muni ETF was the XMPT at 7.72%. The most-recent ETF launched in the Muni space was the iShares iBonds Dec 2025 Term Muni Bond ETF IBMN in 11/13/18.

TOP ETF PERFORMERS

XMPT VanEck Vectors CEF Municipal Income ETF 2.48%
XMPT VanEck Vectors CEF Municipal Income ETF 2.48%
MCEF First Trust Municipal CEF Income Opportunity ETF 2.21%
MCEF First Trust Municipal CEF Income Opportunity ETF 2.21%
HYMB SPDR Nuveen S&P High Yield Municipal Bond ETF 1.66%

BOTTOM ETF PERFORMERS

PRB VanEck Vectors Pre-Refunded Municipal Index ETF 0.09%
PRB VanEck Vectors Pre-Refunded Municipal Index ETF 0.09%
IBMI iShares iBonds Sep 2020 Term Muni Bond ETF 0.13%
IBMI iShares iBonds Sep 2020 Term Muni Bond ETF 0.13%
JMST JPMorgan Ultra-Short Municipal Income ETF 0.14%

TOP CREATIONS

HYD VanEck Vectors High-Yield Municipal Index ETF 92.22
HYD VanEck Vectors High-Yield Municipal Index ETF 92.22
FMB First Trust Managed Municipal ETF 37.04
FMB First Trust Managed Municipal ETF 37.04
BAB Invesco Taxable Municipal Bond ETF 23.65

TOP REDEMPTIONS

SHM SPDR Nuveen Bloomberg Barclays Short Term Municipal Bond ETF -111.16
SHM SPDR Nuveen Bloomberg Barclays Short Term Municipal Bond ETF -111.16
TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF -92.16
TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF -92.16
ITM VanEck Vectors AMT-Free Intermediate Municipal Index ETF -74.29

AUM WINNERS

IBMN iShares iBonds Dec 2025 Term Muni Bond ETF 115.24%
IBMN iShares iBonds Dec 2025 Term Muni Bond ETF 115.24%
MMIN IQ MacKay Municipal Insured ETF 36.88%
MMIN IQ MacKay Municipal Insured ETF 36.88%
MUST Columbia Multi-Sector Municipal Income ETF 31.99%

AUM LOSERS

CUMB Virtus Cumberland Municipal Bond ETF -21.78%
CUMB Virtus Cumberland Municipal Bond ETF -21.78%
IBMH iShares iBonds Sep 2019 Term Muni Bond ETF -7.09%
IBMH iShares iBonds Sep 2019 Term Muni Bond ETF -7.09%
MEAR iShares Short Maturity Municipal Bond ETF -1.35%

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