abrdn Ultra Short Municipal Income Active ETF (AMUN) Alternatives

abrdn Ultra Short Municipal Income Active ETF (AMUN) belongs to the Municipal Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with AMUN. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to AMUN

AMUN charges 0.25% annually. Among ETFs in the Municipal Bonds category, these options have the lowest expense ratios among AMUN alternatives.

Symbol	Name	Expense Ratio	Inception
SCMB	Schwab Municipal Bond ETF	0.03%	Oct 11, 2022	AMUN vs SCMB
FMUN	Fidelity Systematic Municipal Bond Index ETF	0.05%	Jul 11, 2019	AMUN vs FMUN
VTEB	Vanguard Tax-Exempt Bond ETF	0.05%	Aug 21, 2015	AMUN vs VTEB
VTES	Vanguard Short-Term Tax-Exempt Bond ETF Shares	0.07%	Mar 8, 2023	AMUN vs VTES
CA	Xtrackers California Municipal Bond ETF	0.07%	Dec 13, 2023	AMUN vs CA

Best Risk-Adjusted Alternatives to AMUN

Among ETFs in the Municipal Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
GUMI	Goldman Sachs Ultra Short Municipal Income ETF	98	Jul 23, 2024	AMUN vs GUMI
FUMB	First Trust Ultra Short Duration Municipal ETF	97	Nov 1, 2018	AMUN vs FUMB
MEAR	iShares Short Maturity Municipal Bond ETF	97	Mar 3, 2015	AMUN vs MEAR
PUSH	PGIM Ultra Short Municipal Bond ETF	95	Jun 24, 2024	AMUN vs PUSH
CALI	iShares Short-Term California Muni Active ETF	95	Oct 4, 2007	AMUN vs CALI

Top Performing AMUN Alternatives (YTD)

AMUN alternatives from the Municipal Bonds category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
OVM	Overlay Shares Municipal Bond ETF	1.20%	Sep 30, 2019	AMUN vs OVM
RVNU	Xtrackers Municipal Infrastructure Revenue Bond ET...	1.00%	Jun 4, 2013	AMUN vs RVNU
ZTAX	X-Square Municipal Income Tax Free ETF	0.90%	May 18, 2023	AMUN vs ZTAX
GUMI	Goldman Sachs Ultra Short Municipal Income ETF	0.72%	Jul 23, 2024	AMUN vs GUMI
FUMB	First Trust Ultra Short Duration Municipal ETF	0.64%	Nov 1, 2018	AMUN vs FUMB

Lowest Volatility Alternatives to AMUN

AMUN alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
IBMM	iShares iBonds Dec 2024 Term Muni Bond ETF	0.00%	Mar 20, 2018	AMUN vs IBMM
FUMB	First Trust Ultra Short Duration Municipal ETF	1.03%	Nov 1, 2018	AMUN vs FUMB
CALI	iShares Short-Term California Muni Active ETF	1.09%	Oct 4, 2007	AMUN vs CALI
GUMI	Goldman Sachs Ultra Short Municipal Income ETF	1.15%	Jul 23, 2024	AMUN vs GUMI
MEAR	iShares Short Maturity Municipal Bond ETF	1.16%	Mar 3, 2015	AMUN vs MEAR

Lowest Drawdown Alternatives to AMUN

AMUN alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
GUMI	Goldman Sachs Ultra Short Municipal Income ETF	-0.48%	Jul 23, 2024	AMUN vs GUMI
FUMB	First Trust Ultra Short Duration Municipal ETF	-0.60%	Nov 1, 2018	AMUN vs FUMB
CALI	iShares Short-Term California Muni Active ETF	-0.78%	Oct 4, 2007	AMUN vs CALI
PUSH	PGIM Ultra Short Municipal Bond ETF	-0.85%	Jun 24, 2024	AMUN vs PUSH
MEAR	iShares Short Maturity Municipal Bond ETF	-0.86%	Mar 3, 2015	AMUN vs MEAR

Other ETFs from abrdn

Most popular abrdn ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
SGOL	abrdn Physical Gold Shares ETF	Precious Metals, Gold	87	8.62%	Sep 9, 2009	AMUN vs SGOL
AGEM	abrdn Emerging Markets Dividend Active ETF	Emerging Markets Equities	90	6.11%	Feb 18, 2025	AMUN vs AGEM
ASCI	abrdn International Small Cap Active ETF	Foreign Small & Mid Cap Equities	—	-3.73%	Oct 17, 2025	AMUN vs ASCI

Often Compared With AMUN

What investors most often compare with AMUN, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
SHM	SPDR Nuveen Bloomberg Barclays Short Term Municipa...	Municipal Bonds	81	0.11%	Oct 10, 2007	AMUN vs SHM
AVMU	Avantis Core Municipal Fixed Income ETF	Municipal Bonds, Actively Managed	41	-0.35%	Dec 8, 2020	AMUN vs AVMU
HYD	VanEck Vectors High-Yield Municipal Index ETF	Municipal Bonds	24	-1.23%	Feb 4, 2009	AMUN vs HYD
MLN	VanEck Long Muni ETF	Municipal Bonds	31	0.10%	Jan 2, 2008	AMUN vs MLN
HMOP	Hartford Municipal Opportunities ETF	Municipal Bonds, Actively Managed	60	-0.10%	Dec 13, 2017	AMUN vs HMOP
SUB	iShares Short-Term National Muni Bond ETF	Municipal Bonds	92	0.23%	Nov 5, 2008	AMUN vs SUB
EVIM	Eaton Vance Intermediate Municipal Income ETF	Municipal Bonds	69	-0.16%	Oct 16, 2023	AMUN vs EVIM
MBNE	SPDR Nuveen Municipal Bond ESG ETF	Municipal Bonds	35	0.10%	Apr 4, 2022	AMUN vs MBNE
APMU	ActivePassive Intermediate Municipal Bond ETF	Municipal Bonds	61	-0.44%	May 2, 2023	AMUN vs APMU
BSMQ	Invesco BulletShares 2026 Municipal Bond ETF	Municipal Bonds	77	0.62%	Sep 25, 2019	AMUN vs BSMQ
CGSM	Capital Group Short Duration Municipal Income ETF	Municipal Bonds	94	0.49%	Sep 26, 2023	AMUN vs CGSM
FSMB	First Trust Short Duration Managed Municipal ETF	Municipal Bonds, Actively Managed	85	0.37%	Nov 1, 2018	AMUN vs FSMB
IBMN	iShares iBonds Dec 2025 Term Muni Bond ETF	Municipal Bonds	78	0.00%	Nov 13, 2018	AMUN vs IBMN
MUNI	PIMCO Intermediate Municipal Bond Active ETF	Municipal Bonds, Actively Managed	69	0.11%	Nov 30, 2009	AMUN vs MUNI
PZT	Invesco New York AMT-Free Municipal Bond ETF	Municipal Bonds	25	-0.18%	Oct 11, 2007	AMUN vs PZT
SHYD	VanEck Short High Yield Muni ETF	Municipal Bonds	46	-0.52%	Jan 13, 2014	AMUN vs SHYD
TAXF	American Century Diversified Municipal Bond ETF	Municipal Bonds, Actively Managed	58	0.03%	Sep 10, 2018	AMUN vs TAXF

Compare AMUN with Any Fund or Stock

Compare AMUN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

abrdn Ultra Short Municipal Income Active ETF

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