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VanEck Short Muni ETF
SMB performance and flow charts
Performance
Flows
Historic performance and flows
Data as of July 17, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | -0.04% | +0.27% | +0.79% | +2.63% | +9.60% | +5.59% |
| Flows | +$6M | +$9M | +$18M | +$36M | +$48M | +$19M |
Characteristics
The VanEck Short Muni ETF is built to track the ICE Short AMT-Free Broad National 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 | VanEck |
| N° of holdings | 332 |
| Replication method | Direct (Physical) |
| Asset class | Fixed Income |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | February 22, 2008 |
| ESG | No |
More data and info about SMB on Trackinsight
Exposure
Data as of May 31, 2026Diversification
Total weight of top 15 holdings out of 332
Top 15 Holdings
Sectors
Countries
Maturity
Credit rating
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +0.77% | +0.91% | +1.32% | +1.44% |
Max drawdown | -0.39% | -1.33% | -1.62% | -6.86% |
Max drawdown duration | 37d | 138d | 58d | 1110d |
Time to recover | 9d | N/A | 56d | 665d |
Replication quality
Data as of July 19, 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 SMB?
SMB is a Passive ETF that provides exposure to Fixed Income assets. It is managed by VanEck.
What index does SMB track?
SMB tracks the ICE Short AMT-Free Broad National Municipal Index - USD, aiming to replicate its performance through optimized sampling.
What does SMB 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 SMB?
The total expense ratio (TER) of SMB is 0.07%, representing the annual fee charged by the fund manager.
When was SMB launched?
SMB was launched on February 22, 2008, marking its entry into the ETF market.
Who is the issuer of SMB?
SMB is issued by VanEck.
What is the AUM of SMB?
As of July 17, 2026, SMB manages $312.38 M, reflecting the total assets held in the fund.
How has SMB performed recently?
As of July 17, 2026, SMB delivered a return of -0.04% over the past month (1M performance), 0.27% over the past three months (3M), and 0.79% year-to-date (YTD).
What are the recent fund flows for SMB?
As of July 17, 2026, SMB has seen net flows of +$6M in the past month (1M flow) and +$18M year-to-date (YTD).
Does SMB pay dividends?
As of July 17, 2026, SMB has a trailing 12-month distribution yield of 2.56%.
How many holdings are in SMB
As of May 31, 2026, SMB holds 332 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is SMB?
As of May 31, 2026, SMB holds 332 securities, with 13.05% of its assets concentrated in its top 15 holdings.
What are the top holdings of SMB?
As of May 31, 2026, SMB holds a portfolio of 332 underlyings, with its largest positions including US64972LAF04, Massachusetts, 5% 1may2031, USD and California, 5% 1apr2030, USD (2019). These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does SMB invest in?
As of May 31, 2026, SMB has its largest geographic exposures in USA.
What sectors or themes does SMB focus on?
As of May 31, 2026, SMB is primarily exposed to Municipal.
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