Invesco BulletShares 2034 Municipal Bond ETF (BSMY) 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 BSMY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BSMY
BSMY 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% | 4.00B | Oct 2022 | BSMY vs SCMB | |
| Vanguard Tax-Exempt Bond ETF | 0.03% | 47.60B | Aug 2015 | BSMY vs VTEB | |
| Northern Trust Tax-Exempt Bond ETF | 0.05% | 60.72M | Aug 2025 | BSMY vs TAXT | |
| Fidelity Systematic Municipal Bond Index ETF | 0.05% | 183.09M | Jul 2019 | BSMY vs FMUN | |
| Northern Trust Short-Term Tax-Exempt Bond ETF | 0.05% | 126.55M | Aug 2025 | BSMY vs TAXS |
Best Risk-Adjusted Alternatives to BSMY
BSMY has a PortfoliosLab risk / return rank of 76. There are 79 ETFs in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street My2027 Municipal Bond ETF | 98 | 8.64M | Sep 2024 | BSMY vs MYMG | |
| Allspring Ultra Short Municipal ETF | 97 | 30.06M | Jul 2025 | BSMY vs AUSM | |
| State Street My2026 Municipal Bond ETF | 97 | 8.73M | Sep 2024 | BSMY vs MYMF | |
| First Trust Ultra Short Duration Municipal ETF | 97 | 245.94M | Nov 2018 | BSMY vs FUMB | |
| iShares Short Maturity Municipal Bond ETF | 96 | 1.41B | Mar 2015 | BSMY vs MEAR |
Top Performing BSMY Alternatives (YTD)
BSMY is at 1.30% YTD. There are 78 ETFs in the Municipal Bonds category with higher YTD returns, going as high as 4.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Rareview Tax Advantaged Income ETF | 4.35% | 18.13M | Oct 2020 | BSMY vs RTAI | |
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 4.29% | 143.84M | Jun 2013 | BSMY vs RVNU | |
| First Trust Flexible Municipal High Income ETF | 3.78% | 20.73M | Sep 2016 | BSMY vs MFLX | |
| T. Rowe Price High Income Municipal ETF | 3.74% | 25.42M | Nov 2025 | BSMY vs THYM | |
| Overlay Shares Municipal Bond ETF | 3.62% | 30.60M | Sep 2019 | BSMY vs OVM |
Lowest Volatility Alternatives to BSMY
BSMY has 3.48% 1-year volatility. There are 109 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% | 33.31M | Sep 2025 | BSMY vs ZMUN | |
| State Street My2026 Municipal Bond ETF | 0.70% | 8.73M | Sep 2024 | BSMY vs MYMF | |
| iShares Short-Term California Muni Active ETF | 0.71% | 408.07M | Oct 2007 | BSMY vs CALI | |
| Allspring Ultra Short Municipal ETF | 0.74% | 30.06M | Jul 2025 | BSMY vs AUSM | |
| First Trust Ultra Short Duration Municipal ETF | 0.81% | 245.94M | Nov 2018 | BSMY vs FUMB |
Lowest Drawdown Alternatives to BSMY
BSMY has a 1-year max drawdown of -3.31%. There are 100 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% | 245.94M | Nov 2018 | BSMY vs FUMB | |
| Invesco BulletShares 2026 Municipal Bond ETF | -0.30% | 283.20M | Sep 2019 | BSMY vs BSMQ | |
| Goldman Sachs Ultra Short Municipal Income ETF | -0.36% | 38.99M | Jul 2024 | BSMY vs GUMI | |
| State Street My2027 Municipal Bond ETF | -0.36% | 8.64M | Sep 2024 | BSMY vs MYMG | |
| iShares iBonds Dec 2026 Term Muni Bond ETF | -0.38% | 581.67M | Apr 2019 | BSMY vs IBMO |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 11 categories. AUM among these funds goes as high as $481B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 53 | 15.19% | 481.14B | Mar 1999 | BSMY vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 51 | 22.29% | 22.01B | Oct 2015 | BSMY vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 54 | 15.22% | 100.59B | Oct 2020 | BSMY vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 63 | 13.18% | 96.24B | Apr 2003 | BSMY vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 89 | 67.78% | 2.58B | Jun 2021 | BSMY vs SOXQ | |
| Invesco S&P 500 Quality ETF | S&P 500, Large Cap Blend Equities | 60 | 14.73% | 20.11B | Dec 2005 | BSMY vs SPHQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 37 | 4.04% | 10.85B | May 2005 | BSMY vs XLG | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Large Cap Value Equities | 46 | 13.60% | 3.29B | Oct 2012 | BSMY vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 47 | 14.42% | 7.45B | Mar 2005 | BSMY vs XMMO | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 42 | 8.27% | 3.99B | Feb 2012 | BSMY vs IDMO |
Often Compared With BSMY
Investors most often compare BSMY with RINT, BESF, HYMB. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare BSMY with Any Fund or Stock
Compare BSMY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BSMY with funds that move differently
Invesco BulletShares 2034 Municipal Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BSMY.
Explore BSMY Diversifiers