SUB - Short-Term National AMT-Free Muni Bond ETF

Description: The index measures the performance of the short-term investment grade segment of the U.S. municipal bond market.

Last Updated:

SUB - Profile

Summary Data for SUB

52 Week Lo: $105.32 52 Week Hi: $106.35
AUM: $905.3 M Shares: 8.6 M
Avg. Volume (1 month) 41,638 Avg. Volume (3 month) 44,870
Filings Data as of:

SUB - Holdings

Top Ten Holdings

  1. New York St Twy Auth 5%: 1.38%
  2. California St Econ Recover Economic 5%: 0.94%
  3. California St Econ Recover Economic 5%: 0.87%
  4. New York St Dorm Auth 5%: 0.71%
  5. Massachusetts St Go Bds 5%: 0.67%
  6. Univ Tex Univ Revs Fing Sys 5%: 0.63%
  7. Illinois St Toll Hwy Auth 5%: 0.60%
  8. Massachusetts St Sch Bldg Auth 5%: 0.58%
  9. Bay Area Toll Auth 5%: 0.54%
  10. California St Various P 5%: 0.51%
%Assets in Top 10: 7.42%
Total Holdings: 768.0

SUB Asset Allocation

Asset Percentage
U.S. Stocks 0.0%
International Stocks 0.0%
U.S. Bonds 81.64%
International Bonds 0.0%
Preferred Stock 0.0%
Convertibles 0.0%
Cash 18.36%
Other 0.0%

SUB Bond Sector Breakdown

Bond Sector Percentage
Treasury 0.0%
TIPS 0.0%
U.S. Agency 0.0%
MBS 0.0%
U.S. Corporate 0.0%
Asset-Backed 0.0%
Convertible 0.0%
Muni 0.0%
Foreign Government 0.0%
Foreign Corporate 0.0%
Other 100.0%

SUB Bond Detailed Sector Breakdown

Bond Sector Percentage
US Municipal Tax Advantaged 81.3%
Cash And Equivalents 18.36%
Municipal Taxable 0.34%
Agency Mortgage Backed 0.0%
Asset Backed 0.0%
Covered Bond 0.0%
Commercial Mortgage Backed 0.0%
Non Agency Residential Mortgage Backed 0.0%
Sector Swap 0.0%
Preferred 0.0%
Corporate Bond 0.0%
Convertible 0.0%
Bank Loan 0.0%
Future Forward 0.0%
Option Warrant 0.0%
Government Related 0.0%
Government 0.0%

SUB Coupon Breakdown

Coupon Range Percentage
0% to 1% 0.8%
1% to 2% 1.34%
2% to 3% 1.11%
3% to 4% 3.64%
4% to 5% 67.77%
5% to 6% 6.79%
6% to 7% 0.14%
7% to 8% 0.06%
8% to 9% 0.0%
9% to 10% 0.0%
Greater Than 10% 0.0%

SUB Credit Quality

Credit Percentage
AAA 17.17%
AA 56.19%
A 15.59%
BBB 0.97%
BB 0.0%
B 0.0%
Below B 0.0%
Not Rated 10.09%

SUB Maturity Breakdown

Maturity Percentage
Less Than 1 Year 0.0%
1-3 Years 32.06%
3-5 Years 32.74%
5-7 Years 2.91%
7-10 Years 4.19%
10-15 Years 3.83%
15-20 Years 2.85%
20-30 Years 1.55%
30+ Years 1.51%
© 2015 Morningstar Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

SUB - Fact Sheet

Fact sheets are issued by the ETF provider and framed by Information contained within the fact sheet is not guaranteed to be timely or accurate.

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SUB - Charts

The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.

The following chart also includes the option to compare the performance of SUB relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

SUB - Fundamentals

SUB Performance

1 Week Return: -0.02%
2 Week Return: -0.08%
4 Week Return: -0.12%
13 Week Return: 0.32%
26 Week Return: -0.12%
YTD Return: 0.04%
1 Year Return: 0.39%
3 Year Return: 1.63%
5 Year Return: 5.67%

SUB Expenses & Fees

  • Expense Ratio: 0.25%
  • Category: National Munis
  • Category Range: 0.18% to 1.65%
  • Category Average: 0.33%

SUB Valuation

P/E Ratio: n/a
Beta: -0.16
20 Day Moving Average: $105.89
60 Day Moving Average: $105.98

SUB Dividend

Annual Dividend Rate: $0.80
Dividend Date: 2015-03-02
Dividend: $0.07
Annual Dividend Yield %: 0.75%

SUB Volatility

5 Day Volatility: 3.43%
20 Day Volatility: 1.59%
50 Day Volatility: 1.72%
200 Day Volatility: 1.51%
Standard Deviation: 0.19%

SUB - Technicals

SUB Technicals

20 Day MA: $105.89
60 Day MA: $105.98
MACD 15 Period: -0.04
MACD 100 Period: -0.08
Williams % Range 10 Day: 69.70
Williams % Range 20 Day: 56.10
RSI 10 Day: 46
RSI 20 Day: 47
RSI 30 Day: 48
Ultimate Oscillator: 43

SUB Bollinger Bands

Lower Bollinger (10 Day): $105.79
Upper Bollinger (10 Day): $106.00
Lower Bollinger (20 Day): $105.78
Upper Bollinger (20 Day): $106.00
Lower Bollinger (30 Day): $105.74
Upper Bollinger (30 Day): $106.15

SUB Support & Resistance

Support Level 1: n/a
Support Level 2: $105.74
Resistance Level 1: n/a
Resistance Level 2: $105.90

SUB Stochastic

Stochastic Oscillator %D (1 Day): 51.46
Stochastic Oscillator %D (5 Day): 32.00
Stochastic Oscillator %K (1 Day): 45.17
Stochastic Oscillator %K (5 Day): 36.39

SUB Volatility

5 Day Volatility: 3.43%
20 Day Volatility: 1.59%
50 Day Volatility: 1.72%
200 Day Volatility: 1.51%
Standard Deviation: 0.19%

SUB - ETFdb Realtime Rating & Analyst Report

SUB is a passive ETF that seeks to replicate S&P Short Term National AMT-Free Municipal Bond Index. The index measures the performance of the short-term investment grade segment of the U.S. municipal bond market.

ETFdb Category Expense Ratio Inception Date Issuer Structure YTD Return *
National Munis 0.25 2008-11-05 iShares ETF +0.04%

SUB Realtime Rating: By Metric

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B+
Expenses B+
Performance ETFdb Pro Members Only
Volatility ETFdb Pro Members Only
Dividend ETFdb Pro Members Only
Concentration ETFdb Pro Members Only

The first adjacent table gives investors an individual Realtime Rating for SUB on several different metrics, including liquidity, expenses, performance, volatility, dividend, and concentration of holdings. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the National Munis ETFdb Category with the highest Metric Realtime Rating for each individual field.

SUB Realtime Rating: Overall

ETFdb Rating Type Overall Rating A+ Overall Rated ETF
Realtime Rating (Overall) ETFdb Pro Members Only ETFdb Pro Members Only

The second table shows the overall Realtime Rating for SUB, as well as the A+ Overall Rated ETF in SUB's Category. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

ETFdb Analyst Report for SUB

This fund tracks an index of municipal bonds, a slice of the bond market that is highly coveted due to its tax features. These bonds are generally free from federal taxes and in some cases, state and local income taxes as well making these funds crucial components of portfolios for those in high ...

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