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.

Asset Class

Category

Issuer

Currency

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%

Symbol	Full name	Category	Inception	Expense Ratio	YTD Ret.	10Y Ann. Ret.	Div. Yield	Max. Drawdown	Sharpe Ratio	Sortino ratio	Omega ratio	Calmar ratio	Ulcer Index
AVMU	Avantis Core Municipal Fixed Income ETF	Municipal Bonds, Actively Managed	Dec 8, 2020	0.15%	-1.9%	N/A	2.3%	-12.4%	0.6	1.1	1.1	0.5	1.4%
BAB	Invesco Taxable Municipal Bond ETF	Municipal Bonds	Nov 17, 2009	0.28%	-0.1%	3.0%	3.8%	-27.8%	0.1	0.2	1.0	0.1	2.6%
BSMN	Invesco BulletShares 2023 Municipal Bond ETF	Municipal Bonds	Sep 25, 2019	0.18%	1.5%	N/A	2.2%	-7.2%	1.8	2.4	1.3	4.9	0.2%
BSMO	Invesco BulletShares 2024 Municipal Bond ETF	Municipal Bonds	Sep 25, 2019	0.18%	1.1%	N/A	2.1%	-9.2%	1.2	2.0	1.3	2.3	0.4%
BSMP	Invesco BulletShares 2025 Municipal Bond ETF	Municipal Bonds	Sep 25, 2019	0.18%	0.2%	N/A	2.1%	-10.8%	1.1	1.8	1.2	1.4	0.8%
BSMQ	Invesco BulletShares 2026 Municipal Bond ETF	Municipal Bonds	Sep 25, 2019	0.18%	-0.6%	N/A	2.5%	-13.2%	0.9	1.5	1.2	1.0	1.2%
BSMR	Invesco BulletShares 2027 Municipal Bond ETF	Municipal Bonds	Sep 25, 2019	0.18%	-1.0%	N/A	2.6%	-13.5%	0.8	1.2	1.1	0.7	1.4%
BSMS	Invesco BulletShares 2028 Municipal Bond ETF	Municipal Bonds	Sep 25, 2019	0.18%	-1.3%	N/A	2.5%	-15.0%	0.7	1.3	1.2	0.6	1.7%
BSMT	Invesco BulletShares 2029 Municipal Bond ETF	Municipal Bonds	Sep 25, 2019	0.18%	-1.8%	N/A	2.6%	-16.2%	0.6	0.9	1.1	0.5	2.0%
BSMU	Invesco BulletShares 2030 Municipal Bond ETF	Municipal Bonds	Sep 16, 2020	0.18%	-2.0%	N/A	2.8%	-19.5%	0.5	0.8	1.1	0.4	2.3%
CMF	iShares California Muni Bond ETF	Municipal Bonds	Oct 4, 2007	0.25%	-1.4%	2.2%	2.5%	-16.5%	0.5	1.2	1.1	0.5	1.6%
FCAL	First Trust California Municipal High Income ETF	Municipal Bonds, Actively Managed	Jun 20, 2017	0.50%	-0.7%	1.6%	2.8%	-14.8%	0.7	1.2	1.1	0.8	1.4%
FLMB	Franklin Liberty Federal Tax-Free Bond ETF	Municipal Bonds, Actively Managed	Aug 31, 2017	0.30%	-1.5%	0.6%	3.4%	-17.9%	0.6	1.1	1.1	0.5	1.9%
FLMI	Franklin Liberty Federal Intermediate Tax-Free Bond Opportunities ETF	Municipal Bonds, Actively Managed	Aug 31, 2017	0.30%	0.0%	N/A	3.7%	-14.7%	0.8	1.3	1.2	0.8	1.3%
FMB	First Trust Managed Municipal ETF	Municipal Bonds, Actively Managed	May 13, 2014	0.50%	-0.6%	2.4%	3.1%	-14.2%	0.8	1.2	1.1	0.8	1.3%
FMHI	First Trust Municipal High Income ETF	Municipal Bonds, Actively Managed	Nov 1, 2017	0.55%	-0.3%	1.5%	4.1%	-18.8%	0.5	0.9	1.1	0.6	1.7%
FSMB	First Trust Short Duration Managed Municipal ETF	Municipal Bonds, Actively Managed	Nov 1, 2018	0.45%	-0.1%	N/A	2.3%	-6.3%	0.8	1.2	1.2	1.0	0.7%
FUMB	First Trust Ultra Short Duration Municipal ETF	Municipal Bonds, Actively Managed	Nov 1, 2018	0.35%	1.5%	N/A	2.1%	-2.7%	1.8	3.0	1.4	6.5	0.1%
HMOP	Hartford Municipal Opportunities ETF	Municipal Bonds, Actively Managed	Dec 13, 2017	0.29%	-0.4%	1.4%	2.9%	-13.1%	0.8	1.2	1.1	0.9	1.3%
HYD	VanEck Vectors High-Yield Municipal Index ETF	Municipal Bonds	Feb 4, 2009	0.35%	-1.0%	2.7%	4.7%	-35.6%	0.2	0.5	1.1	0.2	2.2%

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.

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