BSMTvsSCMBETF Comparison
VS
Invesco BulletShares 2029 Municipal Bond ETF (BSMT) and Schwab Municipal Bond ETF (SCMB) belong to the same industry segment: Municipal Bonds. Both ETFs have the same top 1 sector exposures: Municipal. BSMT is more expensive with a Total Expense Ratio (TER) of 0.18%, versus 0.03% for SCMB. BSMT is down -2.12% year-to-date (YTD) with +$71M in YTD flows. SCMB performs worse with -2.36% YTD performance, and +$1.12B in YTD flows. Run a side-by-side ETF comparison of BSMT and SCMB below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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BSMT vs SCMB performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | BSMT SCMB | -0.17%-0.19% | -1.99%-3.55% | -2.12%-2.36% | -1.57%-1.83% | +8.94%+9.65% | -3.78%n/a |
| Flows | BSMT SCMB | +$11M+$110M | +$25M-$169M | +$71M+$1.12B | +$90M+$1.43B | +$255M+$3.65B | +$292M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | BSMT SCMB | +3.24%+5.42% | +2.00%+3.39% | +2.81%+3.88% | +3.44%n/a |
| Max drawdown | BSMT SCMB | -3.83%-6.09% | -5.02%-6.81% | -5.02%-6.81% | -16.14%n/a |
| Max drawdown duration | BSMT SCMB | 92d92d | 236d103d | 236d103d | 1747dn/a |
Trading data
BSMT | SCMB | |
Last sale 10/16/2026 at 1:30 PM | $22.54 | $24.49 |
| Previous close 10/15/2026 | $22.52 | $24.46 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of October 18, 2026
1-year trailing difference
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BSMT | SCMB | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
BSMT | SCMB | |
|---|---|---|
| Last price | $22.54 | $24.49 |
| 1D performance | +0.09% | +0.12% |
| AuM | $299.23 M | $3.66 B |
| E/R | 0.18% | 0.03% |
Characteristics
BSMT | SCMB | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Invesco | Schwab ETFs |
| Benchmark | ICE BulletShares USD Municipal Bond 2029 Index | ICE AMT-Free Core U.S. National Municipal Index |
| N° of holdings | 1088 | 302 |
| Asset class | Fixed Income | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 13, 2019 | October 12, 2022 |
| ESG | No | No |
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Exposure
Countries
BSMT
USA
64%
Other
36%
SCMB
USA
58.8%
Other
41.2%
Sectors
BSMT
Municipal
64%
Other
36%
SCMB
Municipal
58.8%
Other
41.2%
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Diversification
BSMT
Total weight of top 15 holdings out of 15
5.27%
SCMB
Total weight of top 15 holdings out of 15
8.86%
Top 15 holdings
Data as of August 31, 2026
BSMT
Triborough Bridge and Tunnel Authority, 5% 1feb2029, USD (2026A2)
0.51%
US89602HJB42
0.51%
New Jersey, 5% 1jun2029, USD
0.49%
US43233KAG94
0.40%
Harris Cultural Education Facilities Finance Corp., 5% 1dec2029, USD (2026A)
0.39%
US19648FXR09
0.36%
Ohio Water Development Authority, 5% 1jun2029, USD (2019A)
0.31%
US544647HL79
0.31%
US13034A5B23
0.31%
New York Municipal Water Finance Authority, 5% 15jun2040, USD
0.30%
New Jersey Turnpike Authority, 5% 1jan2048, USD
0.30%
Lancaster Hospital Authority, 5% 1nov2051, USD (2021)
0.28%
Pennsylvania Turnpike Commission, 5% 1dec2044, USD
0.28%
US91412HTF00
0.27%
Massachusetts School Building Authority, 5% 15feb2044, USD
0.26%
SCMB
New York Municipal Water Finance Authority, FRN 15jun2041, USD (2026)
1.11%
US59261A3T29
0.97%
University of California, 5% 15nov2041, USD (2026)
0.76%
Massachusetts, 5% 1nov2043, USD (2017)
0.70%
Pennsylvania, 4% 1mar2036, USD
0.56%
City of New York, FRN 1apr2042, USD
0.56%
University of California, 5% 15nov2035, USD (2026)
0.48%
US68607DXA89
0.47%
US544647HQ66
0.47%
US74265L3A45
0.47%
US592112XL58
0.47%
City of New York, 5% 1aug2032, USD (2022)
0.46%
City of New York, 5.4% 1aug2006, USD
0.46%
US709225GV28
0.46%
California, 5% 1sep2031, USD
0.46%
Frequently asked questions about BSMT and SCMB
How have the BSMT and SCMB ETFs performed in 2026?
As of October 16, 2026, BSMT is down -2.12% year-to-date (YTD), while SCMB has lost -2.36%. That puts BSMT better performer ahead so far this year.
Which ETF is attracting more investor money: BSMT or SCMB?
Year-to-date, the BSMT ETF saw +$71M in flows, compared to +$1.12B for SCMB.
Which ETF is more volatile: BSMT or SCMB?
Over the past year, BSMT had a volatility of 2%, while SCMB experienced 3.39%.
Which ETF is bigger: BSMT or SCMB?
As of October 16, 2026, BSMT holds $299.23 M in assets under management (AUM), while SCMB manages $3.66 B.
What sectors do the BSMT and SCMB ETFs invest in?
BSMT leans toward sectors like Municipal. Meanwhile, SCMB focuses on Municipal.
What are the top holdings of the BSMT ETF and SCMB ETF?
BSMT top holdings include Triborough Bridge and Tunnel Authority, 5% 1feb2029, USD (2026A2), US89602HJB42 and New Jersey, 5% 1jun2029, USD. SCMB holds in its top three: New York Municipal Water Finance Authority, FRN 15jun2041, USD (2026), US59261A3T29 and University of California, 5% 15nov2041, USD (2026).
Which ETF is more diversified: BSMT or SCMB?
BSMT holds 1992 securities with 5.27% of its assets in the top 15. SCMB has 522 securities and a top 15 weight of 8.86%.
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