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iShares Short-Term National Muni Bond ETF
SUB performance and flow charts
Performance
Flows
Historic performance and flows
Data as of July 17, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | +0.02% | +0.31% | +0.99% | +2.41% | +9.01% | +7.60% |
| Flows | +$53M | +$388M | +$991M | +$1.37B | +$1.57B | +$6.16B |
Characteristics
The iShares Short-Term National Muni Bond ETF is built to track the ICE Short Maturity AMT-Free US 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 | iShares |
| N° of holdings | 2857 |
| Replication method | Direct (Physical) |
| Asset class | Fixed Income |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | November 5, 2008 |
| ESG | No |
More data and info about SUB on Trackinsight
Exposure
Data as of May 31, 2026Diversification
Total weight of top 15 holdings out of 2,857
Top 15 Holdings
Sectors
Countries
Maturity
Credit rating
Latest news about SUB
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +0.65% | +0.71% | +1.08% | +1.14% |
Max drawdown | -0.34% | -0.81% | -1.33% | -4.20% |
Max drawdown duration | 37d | 117d | 52d | 853d |
Time to recover | 9d | 89d | 50d | 434d |
Replication quality
Data as of July 18, 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 SUB?
SUB is a Passive ETF that provides exposure to Fixed Income assets. It is managed by iShares.
What index does SUB track?
SUB tracks the ICE Short Maturity AMT-Free US National Municipal Index - USD, aiming to replicate its performance through full replication.
What does SUB 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 SUB?
The total expense ratio (TER) of SUB is 0.07%, representing the annual fee charged by the fund manager.
When was SUB launched?
SUB was launched on November 5, 2008, marking its entry into the ETF market.
Who is the issuer of SUB?
SUB is issued by iShares.
What is the AUM of SUB?
As of July 17, 2026, SUB manages $11.35 B, reflecting the total assets held in the fund.
How has SUB performed recently?
As of July 17, 2026, SUB delivered a return of 0.02% over the past month (1M performance), 0.31% over the past three months (3M), and 0.99% year-to-date (YTD).
What are the recent fund flows for SUB?
As of July 17, 2026, SUB has seen net flows of +$53M in the past month (1M flow) and +$991M year-to-date (YTD).
Does SUB pay dividends?
As of July 17, 2026, SUB has a trailing 12-month distribution yield of 2.55%.
How many holdings are in SUB
As of May 31, 2026, SUB holds 2857 securities in its portfolio. This level of diversification can influence the fund’s risk profile and exposure to individual assets.
How diversified is SUB?
As of May 31, 2026, SUB holds 2857 securities, with 4.28% of its assets concentrated in its top 15 holdings.
What are the top holdings of SUB?
As of May 31, 2026, SUB holds a portfolio of 2857 underlyings, with its largest positions including BlackRock Liquidity MuniCash, New Jersey Economic Development Authority, 5% 1mar2028, USD (2023) and US495290ET12. These top holdings play a significant role in shaping the fund’s performance and exposure.
What countries or regions does SUB invest in?
As of May 31, 2026, SUB has its largest geographic exposures in USA.
What sectors or themes does SUB focus on?
As of May 31, 2026, SUB is primarily exposed to Municipal.
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