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SPDR Nuveen Bloomberg Short Term Municipal Bond ETF
Trading data
SHM performance and flow charts
Performance
Flows
Historic performance and flows
Data as of March 12, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | -0.28% | +1.00% | +0.79% | +3.59% | +8.69% | +4.63% |
| Flows | - | -$24M | -$29M | -$66M | -$1.09B | -$881M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +0.73% | +1.75% | +1.64% | +1.62% |
Max drawdown | -0.43% | -2.01% | -2.68% | -6.67% |
Max drawdown duration | 11d | 66d | 230d | 1128d |
Time to recover | N/A | 64d | 57d | 682d |
Replication quality
Data as of February 27, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
Exposure
Data as of January 31, 2026Countries
Sectors
Maturity
Credit rating
Diversification
Total weight of top 15 holdings out of 971
Top 15 Holdings
Characteristics
The SPDR Nuveen Bloomberg Short Term Municipal Bond ETF is built to track the Bloomberg Managed Money Municipal Short Term Total Return Index - USD. This ETF provides physical exposure - by owning its shares you earn the return of the securities composing the index (as the ETF holds them directly).
This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Provider | SPDR |
| N° of holdings | 971 |
| Replication method | Direct (Physical) |
| Asset class | Bonds |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | October 10, 2007 |
| ESG | No |
What type of ETF is SHM?
SHM is a Passive ETF that provides exposure to Fixed Income assets. It is managed by SPDR.
What index does SHM track?
SHM tracks the Bloomberg Managed Money Municipal Short Term Total Return Index - USD, aiming to replicate its performance through optimized sampling.
What does SHM invest in?
This ETF provides exposure to US Investment Grade Municipal Bonds. It is part of the segment: Municipal Bonds.
What is the expense ratio of SHM?
The total expense ratio (TER) of SHM is 0.2%, representing the annual fee charged by the fund manager.
When was SHM launched?
SHM was launched on October 10, 2007, marking its entry into the ETF market.
Who is the issuer of SHM?
SHM is issued by SPDR.
What is the AUM of SHM?
As of March 12, 2026, SHM manages $3.50 B, reflecting the total assets held in the fund.
How has SHM performed recently?
As of March 12, 2026, SHM delivered a return of -0.28% over the past month (1M performance), 1% over the past three months (3M), and 0.79% year-to-date (YTD).
Does SHM pay dividends?
As of March 12, 2026, SHM has a trailing 12-month distribution yield of 2.63%.
How many holdings are in SHM
As of January 31, 2026, SHM holds 971 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is SHM?
As of January 31, 2026, SHM holds 971 securities, with 8.09% of its assets concentrated in its top 15 holdings.
What are the top holdings of SHM?
As of January 31, 2026, SHM holds a portfolio of 971 underlyings, with its largest positions including US84136HCT86, US64966QM311 and California Public Works Board, 5% 1oct2027, USD. These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does SHM invest in?
As of January 31, 2026, SHM has its largest geographic exposures in USA.
What sectors or themes does SHM focus on?
As of January 31, 2026, SHM is primarily exposed to Municipal.
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