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  • ETF
  • SMB
    Pricing Data
    Change: $0.0 (0.0%)
    Time: 01/16/20
    Previous Close: $17.87
  • Category
  • National Munis
Last Updated:



Trading Data

Open: - Volume -
Day Lo - Day Hi -
  • 52 Week Lo: $17.07
  • 52 Week Hi: $17.87
  • AUM: $207.2 M
  • Shares: 11.6 M

Investment Themes

Historical Trading Data

  • 1 Month Avg. Volume: 64,173
  • 3 Month Avg. Volume: 49,453

Alternative ETFs in the National Munis Category

Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest MUB 0.07% $16,172.3 M 792,697 1.00%
Largest (AUM) MUB 0.07% $16,172.3 M 792,697 1.00%
Most Liquid (Volume) VTEB 0.08% $7,058.8 M 858,980 1.05%
Top YTD Performer HYMB 0.35% $1,034.4 M 139,820 1.49%

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 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.

Realtime Rating

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Realtime Rating Summary

The 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.

Compare to another ETF

View the Category Report

SMB Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A- n/a
Expenses B+ n/a

SMB In-Depth Analysis

The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its Category.

SMB Holdings

Filings Data as of: Jan 16, 2020

All 574 Holdings

Concentration Analysis

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

Number of Holdings
Rank: 14 of 47
Category Low OVM (2)
Category High MUB (4251)
% Assets in Top 10
Rank: 13 of 47
Category Low MUB (2.66%)
Category High OVM (100.00%)
% Assets in Top 15
Rank: 35 of 47
Category Low MUB (3.40%)
Category High OVM (100.00%)
% Assets in Top 50
Rank: 35 of 47
Category Low MUB (7.72%)
Category High OVM (100.00%)

Asset Allocation

Asset Percentage
Municipal debt 98.98%
ETF Cash Component 1.02%

Bond Sector Breakdown

Bond Sector Percentage
Municipal 98.98%
ETF Cash Component 1.02%

Bond Detailed Sector Breakdown

Bond Sector Percentage
Municipal Bond 97.42%
Other 2.58%

Coupon Breakdown

Coupon Range Percentage
0% to 1% 0.24%
1% to 2% 1.33%
2% to 3% 1.74%
3% to 4% 1.48%
4% to 5% 7.47%
5% to 6% 86.73%
6% to 7% 0.0%
7% to 8% 0.0%
8% to 9% 0.0%
9% to 10% 0.0%
Greater Than 10% 0.0%
ETF Cash Component 1.02%

Credit Quality

Credit Percentage
AAA 15.9%
AA 46.61%
A 30.88%
BBB 4.29%
BB 0.0%
B 0.0%
Below B 0.0%
Not Rated 0.0%
Rating Unknown 1.3%
ETF Cash Component 1.02%

Maturity Breakdown

Maturity Percentage
Less Than 1 Year 1.54%
1-3 Years 38.18%
3-5 Years 41.92%
5-7 Years 9.6%
7-10 Years 0.0%
10-15 Years 0.94%
15-20 Years 0.71%
20-30 Years 5.08%
30+ Years 1.01%
ETF Cash Component 1.02%

SMB Expenses & Fees

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

Expenses Ratio Analysis

ETF Average
ETF Wtd. Average
Category Average
Expense Ratio
Rank: 23 of 47
Category Low SUB (0.07%)
Category High OVM (0.82%)

Commission Free Trading

This ETF is not currently available for commission free trading on any platforms.

Category Commission Free Trading

There are 4 other ETFs in the National Munis Category that are also eligible for commission free trading:

SMB ESG Themes and Scores

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

SMB Performance

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

1 Week Return
Rank: 32 of 45
Category Low FUMB (-0.27%)
Category High BAB (0.85%)
4 Week Return
Rank: 37 of 47
Category Low FUMB (-0.12%)
Category High HYMB (1.61%)
13 Week Return
Rank: 30 of 47
Category Low FUMB (0.04%)
Category High OVM (2.31%)
26 Week Return
Rank: 27 of 37
Category Low IBMI (0.53%)
Category High HYMB (4.41%)
Year to Date Return
Rank: 35 of 47
Category Low FUMB (-0.20%)
Category High HYMB (1.49%)
1 Year Return
Rank: 23 of 33
Category Low PVI (1.25%)
Category High BAB (13.29%)
3 Year Return
Rank: 14 of 21
Category Low PVI (3.13%)
Category High BAB (23.71%)
5 Year Return
Rank: 12 of 17
Category Low PVI (3.10%)
Category High HYD (29.38%)

SMB Fund Flows

This section compares the fund flows of this ETF to peers in the same Category.

1 Week Fund Flow
Rank: 12 of 14
$0.9 M
Category Low ITM (‑$7.6 M)
Category High MUB ($275.0 M)
4 Week Fund Flow
Rank: 18 of 30
$2.7 M
Category Low FSMB ($1.0 M)
Category High MUB ($743.0 M)
13 Week Fund Flow
Rank: 25 of 37
$8.0 M
Category Low PVI (‑$3.7 M)
Category High MUB ($1,720.0 M)
26 Week Fund Flow
Rank: 32 of 38
$8.0 M
Category Low IBMI (‑$11.5 M)
Category High MUB ($2,541.1 M)
Year to Date Fund Flow
Rank: 19 of 27
$1.8 M
Category Low MLN (‑$0.0 M)
Category High MUB ($674.8 M)
1 Year Fund Flow
Rank: 33 of 38
$5.4 M
Category Low PVI (‑$8.7 M)
Category High MUB ($3,804.7 M)
3 Year Fund Flow
Rank: 38 of 38
‑$69.5 M
Category Low SMB (‑$69.5 M)
Category High MUB ($7,193.6 M)
5 Year Fund Flow
Rank: 38 of 38
‑$66.7 M
Category Low SMB (‑$66.7 M)
Category High MUB ($11,427.5 M)

Brought to You by ETF Flows


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 SMB relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

SMB Valuation

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

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

SMB Dividend

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

Dividend Date
Annual Dividend Rate
Annual Dividend Yield
Rank: 28 of 47
Category Low OVM (0.11%)
Category High MMIT (4.10%)

SMB Technicals

Volatility Analysis

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

5 Day Volatility
Rank: 18 of 47
Category Low HMOP (0.28%)
Category High HYD (18.92%)
20 Day Volatility
Rank: 22 of 47
Category Low SUB (0.75%)
Category High BAB (4.02%)
50 Day Volatility
Rank: 28 of 40
Category Low SUB (0.78%)
Category High BAB (5.83%)
200 Day Volatility
Rank: 26 of 37
Category Low PVI (0.86%)
Category High BAB (6.15%)
Rank: 18 of 43
Category Low BAB (-0.16)
Category High OVM (0.37)
Standard Deviation
Rank: 29 of 33
Category Low PVI (0.09%)
Category High MUB (2.51%)


  • 20 Day MA: $17.81
  • 60 Day MA: $17.74
  • MACD 15 Period: 0.05
  • MACD 100 Period: 0.16
  • Williams % Range 10 Day: n/a
  • Williams % Range 20 Day: n/a
  • RSI 10 Day: 70
  • RSI 20 Day: 67
  • RSI 30 Day: 65
  • Ultimate Oscillator: 70

Bollinger Brands

  • Lower Bollinger (10 Day): $17.81
  • Upper Bollinger (10 Day): $17.87
  • Lower Bollinger (20 Day): $17.75
  • Upper Bollinger (20 Day): $17.87
  • Lower Bollinger (30 Day): $17.72
  • Upper Bollinger (30 Day): $17.86

Support & Resistance

  • Support Level 1: n/a
  • Support Level 2: $17.84
  • Resistance Level 1: n/a
  • Resistance Level 2: $17.88


  • Stochastic Oscillator %D (1 Day): 84.93
  • Stochastic Oscillator %D (5 Day): 89.73
  • Stochastic Oscillator %K (1 Day): 74.98
  • Stochastic Oscillator %K (5 Day): 83.99

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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