FundNYSEARCAMunicipals

SPDR® Nuveen Bloomberg Short Term Municipal Bond ETF

SHM NYSE Arca

The SPDR® Nuveen Bloomberg Short Term Municipal Bond ETF seeks to provide exposure to the publicly traded municipal bonds that cover the U.S. dollar denominated short term tax exempt bond market, including state and local general obligation bonds, revenue bonds, pre-refunded bonds, and insured bonds

47.44USD
+0.79 (+1.70%) 1 Year · close Nov 2

Hover to inspectDrag to measure a move← → to step through days

Fund size
3.91B
as of Feb 2020
Expense ratio
0.20%
per year
Dividend yield
2.93%
Monthly
Volatility · 1Y
1.8%
Low Risk
Beta
0.03
vs the market
52-week range
46.2247.48
01 Performance

How SHM has paid off

Price return over every period, and total return with dividends reinvested, set against price alone.

Return by period

Price · to Nov 2
Average performance Select a period to update every chart on the page.

Total return vs price return

Price only
+2.7 pts
0%2%4% SHM +4.4% Price +1.7%

Over 1 year, SHM returned +4.4% with dividends reinvested — dividends added +2.7 pts to the price move.

02 Risk

How bumpy is the ride?

Return only means something next to the risk taken to earn it. Volatility, drawdowns and market sensitivity over 1 year.

Volatility

Annualized · 1Y
1.8%Low Risk

A typical year sees the price swing about ±2% around its trend.

Drawdown from peak

How far below its previous high the price has been
−2.7%
0%-2%−2.7%

Deepest fall −2.7% on Sep 29, 2026 — 85 days after the previous high
More than 5% below a high 0% of the time.

Market sensitivity

Beta
Market moves+10.0%
SHM tends to move+0.3%

A beta of 0.03 means SHM has moved less than the market.

Sharpe ratio -0.29 Return earned per unit of volatility
03 Technicals

Trend & momentum

Where the price sits against its moving averages, and how stretched the recent move is.

Price vs moving averages

Downtrend
47.44
  • 12-day average47.21 +0.5%
  • 26-day average47.05 +0.8%
  • 50-day average47.03 +0.9%
  • 200-day average47.03 +0.9%

The price is above 4 of 4 averages. The 50-day average is below the 200-day, a sign of a falling longer-term trend.

Relative strength (RSI)

Overbought
OversoldOverbought90.4

RSI compares recent gains with recent losses on a 0–100 scale. Above 70 a move is often considered stretched, below 30 washed out.

Technical indicators describe past prices. They are not a forecast.

04 Fund

Inside the fund

Municipals · Short Term — tracking the Bloomberg Managed Money Municipal Short Term Index.

  • Assets under management3.91BUSD
  • Expense ratio0.20%per year
  • Holdings992
  • Risk score1.1Low

Launched October 2007. Fund data as of Feb 28, 2020.

05 Dividends

What it pays you

Cash distributions over the last twelve months, and how they have grown.

Dividend yield2.93%

About 29 USD a year for every 1,000 USD invested at today's price.

Per share
1.39
Frequency
Monthly
Last paid
Nov 2, 2026

Last 12 months

1.39 USD / share
0.11Nov 30.11Dec 10.11Dec 180.10Feb 20.11Mar 20.10Apr 10.11May 10.10Jun 10.11Jul 10.11Aug 30.11Sep 10.11Oct 10.11Nov 2
06 Themes

Where SHM shows up

Curated themes and indices that hold SHM. Open one to see it in context, or test the whole theme in a portfolio.

07 Profile

About SPDR® Nuveen Bloomberg Short Term Municipal Bond ETF

The SPDR® Nuveen Bloomberg Short Term Municipal Bond ETF seeks to provide exposure to the publicly traded municipal bonds that cover the U.S. dollar denominated short term tax exempt bond market, including state and local general obligation bonds, revenue bonds, pre-refunded bonds, and insured bonds

  • Featured in 2 curated themes
  • 992 holdings
Ticker
SHM
Exchange
NYSE Arca
ISIN
US78468R7391
CUSIP
78468R739
Currency
U.S. Dollar (USD)
Country
USA
Sector
Municipals
Industry
Short Term
Benchmark
Bloomberg Managed Money Municipal Short Term Index
All key statistics

Details

NameSPDR® Nuveen Bloomberg Short Term Municipal Bond ETF
TickerSHM
ISINUS78468R7391
CUSIP78468R739
ExchangeNYSEARCA
CategoryMunicipals
Sub CategoryShort Term
CountryUSA
CurrencyU.S. Dollar
Inception DateOct 18, 2007
BenchmarkBloomberg Managed Money Municipal Short Term Index

Shareas of Nov 2, 2026

Close Price USD47.44
52W Low / High 46.22 / 47.48
1Y Total Return4.68%
Average
1Y Volatility2.10%
Low Risk
Beta0.03
12M Dividends1.39032
Last Dividend DateNov 2, 2026
Dist. FrequencyMonthly
Dividend Yield2.93%

Dataas of Feb 28, 2020

AUM3.9 B
Discount/Premium-0.114%
NAV49.50
Shares Outstanding79 M
Volume 20D Avg283 K
Nbr of Holdings992
Risk RankLow
Net Expense0.200%
Options available-
Next step

Put SHM to the test

See how it would change the return and the risk of a portfolio, with virtual money, before a single real dollar moves.

Test SHM in a portfolio

Data for information only, not investment advice. Past performance does not guarantee future results.