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 a closer substitute for your current allocation.
Cheapest Alternatives to AMUN
AMUN charges 0.25% annually. There are 63 ETFs in the Municipal Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab Municipal Bond ETF | 0.03% | 3.97B | Oct 2022 | AMUN vs SCMB | |
| Vanguard Tax-Exempt Bond ETF | 0.03% | 47.60B | Aug 2015 | AMUN vs VTEB | |
| Northern Trust Tax-Exempt Bond ETF | 0.05% | 60.91M | Aug 2025 | AMUN vs TAXT | |
| Northern Trust Intermediate Tax-Exempt Bond ETF | 0.05% | 159.76M | Aug 2025 | AMUN vs TAXI | |
| Northern Trust Short-Term Tax-Exempt Bond ETF | 0.05% | 117.52M | Aug 2025 | AMUN vs TAXS |
Best Risk-Adjusted Alternatives to AMUN
Among 107 ETFs in the Municipal Bonds category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street My2027 Municipal Bond ETF | 97 | 9.87M | Sep 2024 | AMUN vs MYMG | |
| First Trust Ultra Short Duration Municipal ETF | 97 | 242.71M | Nov 2018 | AMUN vs FUMB | |
| State Street My2026 Municipal Bond ETF | 97 | 8.73M | Sep 2024 | AMUN vs MYMF | |
| iShares Short Maturity Municipal Bond ETF | 96 | 1.41B | Mar 2015 | AMUN vs MEAR | |
| Goldman Sachs Ultra Short Municipal Income ETF | 96 | 38.96M | Jul 2024 | AMUN vs GUMI |
Top Performing AMUN Alternatives (YTD)
AMUN is at 1.34% YTD. There are 104 ETFs in the Municipal Bonds category with higher YTD returns, going as high as 5.16%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 5.16% | 144.24M | Jun 2013 | AMUN vs RVNU | |
| Rareview Tax Advantaged Income ETF | 4.90% | 18.13M | Oct 2020 | AMUN vs RTAI | |
| T. Rowe Price High Income Municipal ETF | 4.68% | 25.50M | Nov 2025 | AMUN vs THYM | |
| First Trust Flexible Municipal High Income ETF | 4.56% | 19.91M | Sep 2016 | AMUN vs MFLX | |
| X-Square Municipal Income Tax Free ETF | 4.53% | 4.54M | May 2023 | AMUN vs ZTAX |
Lowest Volatility Alternatives to AMUN
AMUN has 0.96% 1-year volatility. There are 7 ETFs in the Municipal Bonds category with lower 1-year volatility, going as low as 0.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| F/m Ultrashort Tax-Free Municipal ETF | 0.54% | 31.78M | Sep 2025 | AMUN vs ZMUN | |
| State Street My2026 Municipal Bond ETF | 0.72% | 8.73M | Sep 2024 | AMUN vs MYMF | |
| Allspring Ultra Short Municipal ETF | 0.74% | 30.06M | Jul 2025 | AMUN vs AUSM | |
| iShares Short-Term California Muni Active ETF | 0.74% | 405.63M | Oct 2007 | AMUN vs CALI | |
| First Trust Ultra Short Duration Municipal ETF | 0.79% | 242.71M | Nov 2018 | AMUN vs FUMB |
Lowest Drawdown Alternatives to AMUN
Among 107 ETFs in the Municipal Bonds category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.22%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Ultra Short Duration Municipal ETF | -0.22% | 242.71M | Nov 2018 | AMUN vs FUMB | |
| Invesco BulletShares 2026 Municipal Bond ETF | -0.33% | 285.44M | Sep 2019 | AMUN vs BSMQ | |
| State Street My2027 Municipal Bond ETF | -0.36% | 9.87M | Sep 2024 | AMUN vs MYMG | |
| Goldman Sachs Ultra Short Municipal Income ETF | -0.36% | 38.96M | Jul 2024 | AMUN vs GUMI | |
| State Street My2026 Municipal Bond ETF | -0.38% | 8.73M | Sep 2024 | AMUN vs MYMF |
Other ETFs from abrdn
The 6 most viewed abrdn ETFs shown here include SIVR, SGOL, GLTR and span 6 categories. AUM among these funds goes as high as $7B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| abrdn Physical Silver Shares ETF | Silver, Precious Metals | 33 | -14.52% | 3.91B | Jul 2009 | AMUN vs SIVR | |
| abrdn Physical Gold Shares ETF | Gold, Precious Metals | 24 | -4.48% | 6.85B | Sep 2009 | AMUN vs SGOL | |
| abrdn Physical Precious Metals Basket Shares ETF | Precious Metals | 24 | -9.40% | 2.47B | Oct 2010 | AMUN vs GLTR | |
| abrdn Physical Platinum Shares ETF | Precious Metals, Metals | 13 | -21.04% | 1.78B | Jan 2010 | AMUN vs PPLT | |
| abrdn Emerging Markets Dividend Active ETF | Emerging Markets Equities | 77 | 25.19% | 361.90M | Feb 2025 | AMUN vs AGEM | |
| abrdn International Small Cap Active ETF | Foreign Small & Mid Cap Equities | — | 6.61% | 79.91M | Oct 2025 | AMUN vs ASCI |
Often Compared With AMUN
Investors most often compare AMUN with AVMU, APMU, EVIM. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare AMUN with Any Fund or Stock
Compare AMUN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AMUN with funds that move differently
abrdn Ultra Short Municipal Income Active ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AMUN.
Explore AMUN Diversifiers