PRIVvsSCMBETF Comparison

ETF 1

PRIV

State Street IG Public & Private Credit ETF

This fund is part of

Intl IG Bonds

-0.17%

Full PRIV fund page

ETF 2

SCMB

Schwab Municipal Bond ETF

This fund is part of

Municipal Bonds

-0.24%

Full SCMB fund page

State Street IG Public & Private Credit ETF (PRIV) belongs to the Intl IG Bonds segment. Schwab Municipal Bond ETF (SCMB) is part of the Municipal Bonds segment. PRIV's top 3 sector exposures are Sovereign, Industrials and Finance. In contrast, SCMB's top sector exposures are Municipal. PRIV is more expensive with a Total Expense Ratio (TER) of 0.55%, versus 0.03% for SCMB. PRIV is down -0.44% year-to-date (YTD) with +$749M in YTD flows. SCMB performs worse with -1.16% YTD performance, and +$1.55B in YTD flows. Run a side-by-side ETF comparison of PRIV 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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PRIV vs SCMB performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 09/09/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	PRIV SCMB	-0.29%-1.96%	-0.62%-2.52%	-0.44%-1.16%	+0.85%+1.15%	n/a+8.53%	n/an/a
Flows	PRIV SCMB	-$12M+$242M	-$16M+$407M	+$749M+$1.55B	+$707M+$1.95B	-+$4.08B	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	PRIV SCMB	+3.64%+2.86%	+3.46%+2.49%	n/a+3.74%	n/an/a
Max drawdown	PRIV SCMB	-1.61%-3.11%	-2.61%-3.11%	n/a-5.45%	n/an/a
Max drawdown duration	PRIV SCMB	72d66d	192d66d	n/a275d	n/an/a

Trading data

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	PRIV	SCMB
Last sale 9/9/2026 at 1:30 PM	$24.63	$24.79
Previous close 09/09/2026	$24.65	$24.91
Consolidated volume 09/09/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 10, 2026

1-year trailing difference

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PRIV

is actively managed and doesn’t replicate an index

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	PRIV	SCMB
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 9/9/2026 at 1:30 PM

Live

Closed

	PRIV	SCMB
Last price	$24.63	$24.79
1D performance	-0.10%	-0.48%
AuM	$815.36 M	$4.15 B
E/R	0.55%	0.03%

Characteristics

	PRIV	SCMB
Management strategy	Active	Passive
Provider	State Street Investment Management	Schwab ETFs
Benchmark	-	ICE AMT-Free Core U.S. National Municipal Index
N° of holdings	268	319
Asset class	-	Fixed Income
Trailing 12m distribution yield	Join	Join
Inception date	February 26, 2025	October 12, 2022
ESG	No	No

More PRIV data on Trackinsight

More SCMB data on Trackinsight

Exposure

Countries

PRIV

USA

57.9%

Other

42.1%

SCMB

USA

60.28%

Other

39.72%

Sectors

PRIV

Sovereign

15.72%

Industrials

13.35%

Finance

12.41%

Other

58.52%

SCMB

Municipal

60.28%

Other

39.72%

Diversification

PRIV

Total weight of top 15 holdings out of 15

38.2%

SCMB

Total weight of top 15 holdings out of 15

8.71%

Top 15 holdings

Data as of July 31, 2026

PRIV

USA, Notes 4.625% 15feb2035, USD (B-2035)

5.86%

USA, Bonds 4.75% 15aug2055, USD

4.88%

USA, Bonds 4.625% 15feb2055, USD

4.27%

US31418FJR91

2.76%

US31427QF565

2.54%

FR SD8491, 5% 1dec2054, USD (ABS)

2.53%

US3140XPCP22

2.24%

FN MA5820, 4.5% 1sep2055, USD (ABS)

2.18%

FN MA5530, 5% 1nov2054, USD (ABS)

2.01%

US8574924663

1.96%

US00188TAA88

1.85%

AT&T Mobility II LLC

1.44%

US31427REK23

1.34%

Southern Copper, 5.35% 24jun2036, USD

1.17%

US002941AB88

1.17%

SCMB

New York Municipal Water Finance Authority, FRN 15jun2041, USD (2026)

1.46%

Massachusetts, 5% 1nov2043, USD (2017)

0.67%

Pennsylvania, 4% 1mar2036, USD

0.66%

University of California, 5% 15nov2040, USD (2026)

0.59%

US64972GA612

0.57%

California, 5.25% 1sep2047, USD

0.56%

US93974EEM49

0.55%

Northwest Independent School District, 5% 15feb2055, USD (2025)

0.55%

University of California, 5% 15nov2035, USD (2026)

0.45%

US68607DXA89

0.45%

US74265L3A45

0.44%

US544647HQ66

0.44%

US592112XL58

0.44%

City of New York, 5% 1aug2032, USD (2022)

0.44%

US709225GV28

0.44%

Frequently asked questions about PRIV and SCMB

How have the PRIV and SCMB ETFs performed in 2026?

As of September 9, 2026, PRIV is down -0.44% year-to-date (YTD), while SCMB has lost -1.16%. That puts PRIV better performer ahead so far this year.

Which ETF is attracting more investor money: PRIV or SCMB?

Year-to-date, the PRIV ETF saw +$749M in flows, compared to +$1.55B for SCMB.

Which ETF is more volatile: PRIV or SCMB?

Over the past year, PRIV had a volatility of 3.46%, while SCMB experienced 2.49%.

Which ETF is bigger: PRIV or SCMB?

As of September 9, 2026, PRIV holds $815.36 M in assets under management (AUM), while SCMB manages $4.15 B.

What sectors do the PRIV and SCMB ETFs invest in?

PRIV leans toward sectors like Sovereign, Industrials and Finance. Meanwhile, SCMB focuses on Municipal.

What are the top holdings of the PRIV ETF and SCMB ETF?

PRIV top holdings include USA, Notes 4.625% 15feb2035, USD (B-2035), USA, Bonds 4.75% 15aug2055, USD and USA, Bonds 4.625% 15feb2055, USD. SCMB holds in its top three: New York Municipal Water Finance Authority, FRN 15jun2041, USD (2026), Massachusetts, 5% 1nov2043, USD (2017) and Pennsylvania, 4% 1mar2036, USD.

PRIVvsSCMBETF Comparison

State Street IG Public & Private Credit ETF

Schwab Municipal Bond ETF

PRIV vs SCMB performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the PRIV and SCMB ETFs performed in 2026?

As of September 9, 2026, PRIV is down -0.44% year-to-date (YTD), while SCMB has lost -1.16%. That puts PRIV better performer ahead so far this year.

Which ETF is attracting more investor money: PRIV or SCMB?

Year-to-date, the PRIV ETF saw +$749M in flows, compared to +$1.55B for SCMB.

Which ETF is more volatile: PRIV or SCMB?

Over the past year, PRIV had a volatility of 3.46%, while SCMB experienced 2.49%.

Which ETF is bigger: PRIV or SCMB?

As of September 9, 2026, PRIV holds $815.36 M in assets under management (AUM), while SCMB manages $4.15 B.

What sectors do the PRIV and SCMB ETFs invest in?

PRIV leans toward sectors like Sovereign, Industrials and Finance. Meanwhile, SCMB focuses on Municipal.

What are the top holdings of the PRIV ETF and SCMB ETF?

Which ETF is more diversified: PRIV or SCMB?

PRIV holds 341 securities with 38.2% of its assets in the top 15. SCMB has 541 securities and a top 15 weight of 8.71%.

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