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ITM
VanEck Vectors AMT-Free Intermediate Municipal Index ETF

Price: $51.74
Change: $0.0 (0.0%)
Category: National Munis
Last Updated:

Vitals

Investment Themes

Analyst Report

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 tax brackets. Muni bonds are used by local entities to pay for a variety of services or to make improvements to infrastructure paying for everything from new sewer systems to school renovations and bridge construction as such, they are relatively low risk instruments. This particular fund targets munis that mostly mature between six and 17 years from now, giving the fund both a moderate risk and current income profile. As a result ITM is a solid choice for investors seeking broad exposure to the muni market but with moderate levels of risk. The fund still has impressive levels of diversification-- holding over 375 securities-- and a below average expense ratio, making it a quality choice for a building block of portfolios, especially for those seeking to keep costs down but are unwilling to look at total market funds or those that target the short or long end of the curve.

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $46.45
  • 52 Week Hi $52.23
  • AUM $1,794.7 M
  • Shares 34.7 M

Historical Trading Data

  • 1 Month Avg. Volume 114,181
  • 3 Month Avg. Volume 127,346

Alternative ETFs in the National Munis Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest VTEB 0.06% $11.9 B 1 M 0.31%
Largest (AUM) MUB 0.07% $21.8 B 1 M 0.26%
Most Liquid (Volume) MUB 0.07% $21.8 B 1 M 0.26%
Top YTD Performer RTAI $10.3 M 4,014 5.54%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.

2491
Number of Holdings
3.40%
% Assets in Top 10
4.56%
% Assets in Top 15
11.11%
% Assets in Top 50
Number of Holdings
2491

% Assets in Top 10
3.40%

% Assets in Top 15
4.56%

% Assets in Top 50
11.11%

ITM Valuation

This section shows how the P/E multiple of this ETF compares to the peer group ETFdb.com Category.

P/E Ratio
No Ranking Available
Rank
N/A
Low
N/A
High
N/A

ITM Dividend

This section shows how the dividend yield of this ETF compares to the peer group ETFdb.com Category.

Dividend
$0.08
Dividend Date
2021-04-01
Annual Dividend Rate
$1.05

$0.08
Dividend
2021-04-01
Dividend Date
$1.05
Annual Dividend Rate
Annual Dividend Yield
2.04%

ITM Fund Flows

View charts featuring ETF fund flow data.

5 Day Net Flows: -7.71 M 1 Month Net Flows: 10.25 M 3 Month Net Flows: 33.79 M 6 Month Net Flows: 72.71 M 1 Year Net Flows: 125.01 M 3 Year Net Flows: -71.24 M 5 Year Net Flows: 293.94 M 10 Year Net Flows: 1.42 B

Realtime Rating

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

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A n/a
Expenses B+ n/a
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

ITM Expenses & Fees

This section compares the cost efficiency of this ETF to peers in the same ETFdb.com Category.

Expenses Ratio Analysis

ETF Average
0.536%
ETF Wtd. Average
0.19%
Category Average
0.25%
Expense Ratio
0.24%
ESG Themes and Scores

ITM does not have an ESG score. There are no ESG themes that map to this ETF.

ITM Performance

This section shows how this ETF has performed relative to its peer group ETFdb.com Category.

0.60%
1 Week Return
1.47%
4 Week Return
0.14%
13 Week Return
2.45%
26 Week Return
-0.14%
Year to Date Return
6.29%
1 Year Return
17.99%
3 Year Return
18.69%
5 Year Return
1 Week Return
0.60%

4 Week Return
1.47%

13 Week Return
0.14%

26 Week Return
2.45%

Year to Date Return
-0.14%

1 Year Return
6.29%

3 Year Return
17.99%

5 Year Return
18.69%

ITM Price and Volume Chart

Sector Breakdown

Asset Percentage
Municipal 99.95%
Other 0.33%
CASH 0.2%
Bond Sector Percentage
Maturity Percentage
Less Than 1 Year 0.0%
1-3 Years 0.0%
3-5 Years 0.0%
5-7 Years 0.0%
7-10 Years 0.0%
10-15 Years 0.0%
15-20 Years 0.0%
20-30 Years 0.0%
30+ Years 0.0%
Asset Percentage
Municipal 99.95%
Other 0.33%
CASH 0.2%

ITM Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.

5 Day Volatility
133.09%
Rank
6 of 50

20 Day Volatility
2.07%
Rank
15 of 50

50 Day Volatility
3.21%
Rank
16 of 50

200 Day Volatility
2.51%
Rank
17 of 48

Beta
0.04
Rank
26 of 50

Standard Deviation
1.09%
Rank
7 of 46

Technicals

  • 20 Day MA $51.32
  • 60 Day MA $51.47
  • MACD 15 Period 0.35
  • MACD 100 Period 0.21
  • Williams % Range 10 Day 10.59
  • Williams % Range 20 Day 7.97
  • RSI 10 Day 77
  • RSI 20 Day 64
  • RSI 30 Day 59
  • Ultimate Oscillator 64

Bollinger Brands

  • Lower Bollinger (10 Day) $51.13
  • Upper Bollinger (10 Day) $51.85
  • Lower Bollinger (20 Day) $50.85
  • Upper Bollinger (20 Day) $51.76
  • Lower Bollinger (30 Day) $50.85
  • Upper Bollinger (30 Day) $51.68

Support & Resistance

  • Support Level 1 $51.70
  • Support Level 2 $51.67
  • Resistance Level 1 $51.76
  • Resistance Level 2 $51.79

Stochastic

  • Stochastic Oscillator %D (1 Day) 66.77
  • Stochastic Oscillator %D (5 Day) 83.45
  • Stochastic Oscillator %K (1 Day) 60.49
  • Stochastic Oscillator %K (5 Day) 83.32

Fact Sheet

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

Disclosures

Copyright © 2021 FactSet Research Systems Inc. All rights reserved.

Copyright MSCI ESG Research LLC [2018]. All Rights Reserved. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at https://www.msci.com/esg-fund-metrics.
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