Municipals - Short Duration

Components Performance/Risk
Period Return
5.9%
Return Rank
Subpar
Risk Exposure
Low Risk

Seeking to reduce both taxes and interest rate risk, Short Duration Muni ETFs differentiate by asset selection, including securities such as variable rate demand obligation (VRDO) bonds,  investment-grade (Baa3/BBB- or higher) or a pre-defined  % of the portfolio in high-yield issues - as well opportunistic trades

 

Performance and volatility computation of recently launched funds will be skewed for lack of full data history

To take a closer look, momentum signals trends of the last 5 days against a 20-day average

For comparison, select various time frames in the top right menu box, from 2 weeks to a full year (performance of some very recently listed ETFs may not be significant for lack of price data)

Theme Components
Name
Ticker
Category
SubCategory
Cur. Price
Performance
Momentum
Risk Rank
Risk Contrib
 
Invesco VRDO Tax-Free ETF PVI MunicipalsFloating 24.894.1% Neutral Below Average
VanEck Vectors® Short High Yield Muni ETF SHYD MunicipalsShort Term22.808.2% Neutral Below Average
iShares Short-Term National Muni Bond ETF SUB MunicipalsShort Term106.315.2% Neutral Low Risk
PIMCO Short Term Municipal Bond Active ETF SMMU MunicipalsShort Term50.426.6% Neutral Low Risk
SPDR® Nuveen Bloomberg Short Term Municipal Bond ETF SHM MunicipalsShort Term47.905.7% Neutral Low Risk
VanEck Vectors® Short Muni ETF SMB MunicipalsShort Term17.315.8% Neutral Low Risk
BlackRock Short Maturity Municipal Bond ETF MEAR MunicipalsShort Term50.275.9% Neutral Low Risk
JPMorgan Ultra-Short Municipal Income ETF JMST MunicipalsShort Term50.934.2% Neutral Low Risk
Macquarie Tax-Free USA Short Term ETF STAX MunicipalsShort Term25.476.4% Neutral Low Risk
AB Tax-Aware Short Duration Municipal ETF TAFI MunicipalsShort Duration25.176.7% Neutral Low Risk
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