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State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM performance and flow charts
Performance
Flows
Historic performance and flows
Data as of September 10, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | -0.77% | -0.58% | +0.27% | +0.31% | +8.10% | +3.82% |
| Flows | +$57M | +$86M | +$33M | +$115M | -$555M | -$1.21B |
Characteristics
The State Street SPDR Nuveen ICE Short Term Municipal Bond ETF is built to track the ICE 1-5 Year AMT-Free Broad Municipal 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 |
| Strategy | Long Only |
| Provider | State Street Investment Management |
| N° of holdings | 1058 |
| Replication method | Direct (Physical) |
| Asset class | Fixed Income |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | October 10, 2007 |
| ESG | No |
More data and info about SHM on Trackinsight
Exposure
Data as of July 31, 2026Diversification
Total weight of top 15 holdings out of 1,058
Top 15 Holdings
Sectors
Countries
Maturity
Credit rating
Similar ETFs
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +1.28% | +1.02% | +1.59% | +1.66% |
Max drawdown | -0.87% | -1.10% | -2.01% | -6.52% |
Max drawdown duration | 66d | 193d | 66d | 1074d |
Time to recover | N/A | N/A | 64d | 676d |
Replication quality
Data as of September 12, 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 |
What type of ETF is SHM?
SHM is a Passive ETF that provides exposure to Fixed Income assets. It is managed by State Street Investment Management.
What index does SHM track?
SHM tracks the ICE 1-5 Year AMT-Free Broad Municipal 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 State Street Investment Management.
What is the AUM of SHM?
As of September 10, 2026, SHM manages $3.49 B, reflecting the total assets held in the fund.
How has SHM performed recently?
As of September 10, 2026, SHM delivered a return of -0.77% over the past month (1M performance), -0.58% over the past three months (3M), and 0.27% year-to-date (YTD).
What are the recent fund flows for SHM?
As of September 10, 2026, SHM has seen net flows of +$57M in the past month (1M flow) and +$33M year-to-date (YTD).
Does SHM pay dividends?
As of September 10, 2026, SHM has a trailing 12-month distribution yield of 2.71%.
How many holdings are in SHM
As of July 31, 2026, SHM holds 1058 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 July 31, 2026, SHM holds 1058 securities, with 7.09% of its assets concentrated in its top 15 holdings.
What are the top holdings of SHM?
As of July 31, 2026, SHM holds a portfolio of 1058 underlyings, with its largest positions including US84136HCT86, California Public Works Board, 5% 1oct2027, USD and New York Dormitory Authority, 2.5% 1jul1993, 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 July 31, 2026, SHM has its largest geographic exposures in USA.
What sectors or themes does SHM focus on?
As of July 31, 2026, SHM is primarily exposed to Municipal.
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