Invesco BulletShares 2027 Municipal Bond ETF (BSMR) 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 BSMR. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BSMR
BSMR charges 0.18% annually. There are 23 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% | 3.87B | Oct 2022 | BSMR vs SCMB | |
| Fidelity Systematic Municipal Bond Index ETF | 0.05% | 178.36M | Jul 2019 | BSMR vs FMUN | |
| Northern Trust Tax-Exempt Bond ETF | 0.05% | 59.79M | Aug 2025 | BSMR vs TAXT | |
| Vanguard Tax-Exempt Bond ETF | 0.05% | 45.70B | Aug 2015 | BSMR vs VTEB | |
| Northern Trust Intermediate Tax-Exempt Bond ETF | 0.05% | 144.40M | Aug 2025 | BSMR vs TAXI |
Best Risk-Adjusted Alternatives to BSMR
BSMR has a PortfoliosLab risk / return rank of 94. There are 4 ETFs in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street My2027 Municipal Bond ETF | 97 | 9.88M | Sep 2024 | BSMR vs MYMG | |
| State Street My2026 Municipal Bond ETF | 96 | 8.74M | Sep 2024 | BSMR vs MYMF | |
| First Trust Ultra Short Duration Municipal ETF | 96 | 230.57M | Nov 2018 | BSMR vs FUMB | |
| iShares Short Maturity Municipal Bond ETF | 95 | 1.38B | Mar 2015 | BSMR vs MEAR | |
| Goldman Sachs Ultra Short Municipal Income ETF | 93 | 40.29M | Jul 2024 | BSMR vs GUMI |
Top Performing BSMR Alternatives (YTD)
BSMR is at 0.99% YTD. There are 97 ETFs in the Municipal Bonds category with higher YTD returns, going as high as 4.13%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Overlay Shares Municipal Bond ETF | 4.13% | 30.60M | Sep 2019 | BSMR vs OVM | |
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 3.76% | 138.42M | Jun 2013 | BSMR vs RVNU | |
| First Trust Flexible Municipal High Income ETF | 3.39% | 18.90M | Sep 2016 | BSMR vs MFLX | |
| Invesco New York AMT-Free Municipal Bond ETF | 3.19% | 134.60M | Oct 2007 | BSMR vs PZT | |
| T. Rowe Price High Income Municipal ETF | 3.19% | 25.30M | Nov 2025 | BSMR vs THYM |
Lowest Volatility Alternatives to BSMR
BSMR has 1.25% 1-year volatility. There are 19 ETFs in the Municipal Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds Dec 2024 Term Muni Bond ETF | 0.00% | 349.85M | Mar 2018 | BSMR vs IBMM | |
| F/m Ultrashort Tax-Free Municipal ETF | 0.54% | 27.03M | Sep 2025 | BSMR vs ZMUN | |
| iShares iBonds Dec 2025 Term Muni Bond ETF | 0.71% | 348.98M | Nov 2018 | BSMR vs IBMN | |
| Allspring Ultra Short Municipal ETF | 0.73% | 30.06M | Jul 2025 | BSMR vs AUSM | |
| State Street My2026 Municipal Bond ETF | 0.75% | 8.74M | Sep 2024 | BSMR vs MYMF |
Lowest Drawdown Alternatives to BSMR
BSMR has a 1-year max drawdown of -0.57%. There are 9 ETFs in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as -0.22%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Ultra Short Duration Municipal ETF | -0.22% | 230.57M | Nov 2018 | BSMR vs FUMB | |
| iShares iBonds Dec 2025 Term Muni Bond ETF | -0.25% | 348.98M | Nov 2018 | BSMR vs IBMN | |
| Invesco BulletShares 2026 Municipal Bond ETF | -0.33% | 294.75M | Sep 2019 | BSMR vs BSMQ | |
| State Street My2027 Municipal Bond ETF | -0.36% | 9.88M | Sep 2024 | BSMR vs MYMG | |
| Goldman Sachs Ultra Short Municipal Income ETF | -0.36% | 40.29M | Jul 2024 | BSMR vs GUMI |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 10 categories. AUM among these funds goes as high as $494B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 77 | 21.62% | 493.99B | Mar 1999 | BSMR vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 77 | 29.70% | 19.93B | Oct 2015 | BSMR vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 77 | 21.64% | 96.91B | Oct 2020 | BSMR vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500 | 54 | 10.12% | 89.51B | Apr 2003 | BSMR vs RSP | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 62 | 8.82% | 11.15B | May 2005 | BSMR vs XLG | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 97 | 93.97% | 2.41B | Jun 2021 | BSMR vs SOXQ | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Value Equities | 56 | 15.16% | 18.88B | Dec 2005 | BSMR vs SPHQ | |
| Invesco S&P 500® High Dividend Low Volatility ETF | S&P 500, Dividend | 24 | 5.32% | 3.23B | Oct 2012 | BSMR vs SPHD | |
| Invesco Aerospace & Defense ETF | Industrials Equities, Aerospace & Defense | 43 | 10.46% | 8.37B | Oct 2005 | BSMR vs PPA | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 69 | 22.96% | 7.49B | Mar 2005 | BSMR vs XMMO |
Often Compared With BSMR
Investors most often compare BSMR with MUB, CGDV, ZTAX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare BSMR with Any Fund or Stock
Compare BSMR with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BSMR with funds that move differently
Invesco BulletShares 2027 Municipal Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BSMR.
Explore BSMR Diversifiers