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The Best Municipal Bonds ETFs

The table below compares the performance and other essential indicators like dividend yield and expense ratio of 50 Municipal Bonds ETFs.

Municipal Bonds ETFs are a type of exchange-traded fund (ETF) that invest in municipal bonds, which are debt securities issued by state and local governments and their agencies to finance public projects such as roads, schools, and water treatment plants. These ETFs provide investors with exposure to the performance of the municipal bond market, which can include changes in the interest rates and credit quality of the underlying bonds.

Municipal Bonds ETFs can be a good investment option for investors looking for income and tax benefits. The interest paid on municipal bonds is generally tax-free at the federal level, and in some cases, it may also be tax-free at the state and local levels. Additionally, municipal bonds tend to have lower default risk than other types of bonds.

Click on any item in the list to see complete information, including risk and performance analysis.


Year-to-Date Return

< 0.0%
> 10.0%

10-Year Annualized Return

< 0.0%
> 10.0%

Sharpe Ratio

< 0.0
> 0.1

Omega ratio

< 0.0
> 0.1

Sortino ratio

< 0.0
> 0.1

Calmar ratio

< 0.0
> 0.1

Ulcer Index

< 0.0%
> 10.0%

10Y Volatility

< 0.0%
> 10.0%

Maximum Drawdown

< 0.0%
> 10.0%

Dividend Yield

< 0.0%
> 10.0%
SymbolFull nameCategoryInceptionExpense RatioYTD Ret.10Y Ann. Ret.Div. YieldMax. DrawdownSharpe RatioSortino ratioOmega ratioCalmar ratioUlcer Index
AVMUAvantis Core Municipal Fixed Income ETFMunicipal Bonds, Actively ManagedDec 8, 20200.15%-1.9%N/A2.3%-12.4%0.61.11.10.51.4%
BABInvesco Taxable Municipal Bond ETFMunicipal BondsNov 17, 20090.28%-0.1%3.0%3.8%-27.8%0.10.21.00.12.6%
BSMNInvesco BulletShares 2023 Municipal Bond ETFMunicipal BondsSep 25, 20190.18%1.5%N/A2.2%-7.2%1.82.41.34.90.2%
BSMOInvesco BulletShares 2024 Municipal Bond ETFMunicipal BondsSep 25, 20190.18%1.1%N/A2.1%-9.2%1.22.01.32.30.4%
BSMPInvesco BulletShares 2025 Municipal Bond ETFMunicipal BondsSep 25, 20190.18%0.2%N/A2.1%-10.8%1.11.81.21.40.8%
BSMQInvesco BulletShares 2026 Municipal Bond ETFMunicipal BondsSep 25, 20190.18%-0.6%N/A2.5%-13.2%0.91.51.21.01.2%
BSMRInvesco BulletShares 2027 Municipal Bond ETFMunicipal BondsSep 25, 20190.18%-1.0%N/A2.6%-13.5%0.81.21.10.71.4%
BSMSInvesco BulletShares 2028 Municipal Bond ETFMunicipal BondsSep 25, 20190.18%-1.3%N/A2.5%-15.0%0.71.31.20.61.7%
BSMTInvesco BulletShares 2029 Municipal Bond ETFMunicipal BondsSep 25, 20190.18%-1.8%N/A2.6%-16.2%0.60.91.10.52.0%
BSMUInvesco BulletShares 2030 Municipal Bond ETFMunicipal BondsSep 16, 20200.18%-2.0%N/A2.8%-19.5%0.50.81.10.42.3%
CMFiShares California Muni Bond ETFMunicipal BondsOct 4, 20070.25%-1.4%2.2%2.5%-16.5%0.51.21.10.51.6%
FCALFirst Trust California Municipal High Income ETFMunicipal Bonds, Actively ManagedJun 20, 20170.50%-0.7%1.6%2.8%-14.8%0.71.21.10.81.4%
FLMBFranklin Liberty Federal Tax-Free Bond ETFMunicipal Bonds, Actively ManagedAug 31, 20170.30%-1.5%0.6%3.4%-17.9%0.61.11.10.51.9%
FLMIFranklin Liberty Federal Intermediate Tax-Free Bond Opportunities ETFMunicipal Bonds, Actively ManagedAug 31, 20170.30%0.0%N/A3.7%-14.7%0.81.31.20.81.3%
FMBFirst Trust Managed Municipal ETFMunicipal Bonds, Actively ManagedMay 13, 20140.50%-0.6%2.4%3.1%-14.2%0.81.21.10.81.3%
FMHIFirst Trust Municipal High Income ETFMunicipal Bonds, Actively ManagedNov 1, 20170.55%-0.3%1.5%4.1%-18.8%0.50.91.10.61.7%
FSMBFirst Trust Short Duration Managed Municipal ETFMunicipal Bonds, Actively ManagedNov 1, 20180.45%-0.1%N/A2.3%-6.3%0.81.21.21.00.7%
FUMBFirst Trust Ultra Short Duration Municipal ETFMunicipal Bonds, Actively ManagedNov 1, 20180.35%1.5%N/A2.1%-2.7%1.83.01.46.50.1%
HMOPHartford Municipal Opportunities ETFMunicipal Bonds, Actively ManagedDec 13, 20170.29%-0.4%1.4%2.9%-13.1%0.81.21.10.91.3%
HYDVanEck Vectors High-Yield Municipal Index ETFMunicipal BondsFeb 4, 20090.35%-1.0%2.7%4.7%-35.6%0.20.51.10.22.2%

1–20 of 50

Risk vs. Return Scatterplot

The Risk vs. Return Scatterplot allows you to quickly compare funds, stocks, and ETFs in one view. It displays the yearly return of an instrument on one axis and the risk (volatility) on the other.

0%Annualized Volatility0%Annualized Return

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