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 is especially true in the case of SMB since the fund only targets short term munis which have less default risk then their longer-dated counterparts. As a result SMB is a solid choice for investors seeking broad exposure to the muni market but with lower levels of risk. The fund still has solid levels of diversification-- holding over 190 securities-- and one of the cheapest expense ratios in the category at just 16 basis points. However, investors should be aware that these shorter term instruments are likely to pay out a lower rate of interest than some of the longer-term bonds that are out there, potentially limiting current income.
This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.
This section shows how the P/E multiple of this ETF compares to the peer group ETFdb.com Category.
This section shows how the dividend yield of this ETF compares to the peer group ETFdb.com Category.
View charts featuring ETF fund flow data.
5 Day Net Flows: 1.8 M 1 Month Net Flows: 1.8 M 3 Month Net Flows: 18.95 M 6 Month Net Flows: 68.63 M 1 Year Net Flows: 92.98 M 3 Year Net Flows: 81.02 M 5 Year Net Flows: 35.1 M 10 Year Net Flows: 199.69 MThe adjacent table gives investors an individual Realtime Rating for SMB 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.
This section compares the cost efficiency of this ETF to peers in the same ETFdb.com Category.
SMB does not have an ESG score. There are no ESG themes that map to this ETF.
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
| Asset | Percentage |
|---|---|
| Municipal | 99.12% |
| CASH | 0.77% |
| Other | 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 | 99.12% |
| CASH | 0.77% |
| Other | 0.2% |
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
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.
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