iShares National AMT-Free Muni Bond ETF (MUB)
MUB is a passive ETF by iShares tracking the investment results of the S&P National AMT-Free Municipal Bond Index. MUB launched on Sep 7, 2007 and has a 0.07% expense ratio.
ETF Info
ISIN | US4642884146 |
---|---|
CUSIP | 464288414 |
Issuer | iShares |
Inception Date | Sep 7, 2007 |
Region | North America (U.S.) |
Category | Municipal Bonds |
Index Tracked | S&P National AMT-Free Municipal Bond Index |
Home Page | www.ishares.com |
Asset Class | Bond |
Expense Ratio
The iShares National AMT-Free Muni Bond ETF has an expense ratio of 0.07% which is considered to be low.
Share Price Chart
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Compare to other instruments
Popular comparisons: MUB vs. VTEB, MUB vs. SUB, MUB vs. HYD, MUB vs. TIP, MUB vs. BND, MUB vs. NYF, MUB vs. TLT, MUB vs. DGRO, MUB vs. HDV, MUB vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iShares National AMT-Free Muni Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
iShares National AMT-Free Muni Bond ETF had a return of -0.18% year-to-date (YTD) and 3.29% in the last 12 months. Over the past 10 years, iShares National AMT-Free Muni Bond ETF had an annualized return of 2.43%, while the S&P 500 had an annualized return of 10.96%, indicating that iShares National AMT-Free Muni Bond ETF did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | -0.18% | 10.04% |
1 month | -0.06% | 3.53% |
6 months | 6.26% | 22.79% |
1 year | 3.29% | 32.16% |
5 years (annualized) | 1.62% | 13.15% |
10 years (annualized) | 2.43% | 10.96% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.05% | 0.03% | ||||||||||
2023 | -0.78% | -2.55% | -1.25% | 5.71% | 2.26% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for iShares National AMT-Free Muni Bond ETF (MUB) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
iShares National AMT-Free Muni Bond ETF | 0.76 | ||||
S&P 500 | 2.76 |
Dividends
Dividend History
iShares National AMT-Free Muni Bond ETF granted a 2.72% dividend yield in the last twelve months. The annual payout for that period amounted to $2.93 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $2.93 | $2.87 | $2.23 | $2.10 | $2.47 | $2.76 | $2.68 | $2.50 | $2.39 | $2.77 | $3.01 | $3.13 |
Dividend yield | 2.72% | 2.65% | 2.11% | 1.81% | 2.11% | 2.42% | 2.46% | 2.26% | 2.21% | 2.51% | 2.73% | 3.02% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares National AMT-Free Muni Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.26 | ||||||||||
2023 | $0.00 | $0.22 | $0.24 | $0.23 | $0.23 | $0.23 | $0.24 | $0.24 | $0.23 | $0.24 | $0.25 | $0.51 |
2022 | $0.00 | $0.16 | $0.17 | $0.17 | $0.17 | $0.16 | $0.19 | $0.19 | $0.20 | $0.20 | $0.20 | $0.42 |
2021 | $0.00 | $0.18 | $0.20 | $0.18 | $0.18 | $0.18 | $0.18 | $0.17 | $0.17 | $0.17 | $0.16 | $0.33 |
2020 | $0.00 | $0.22 | $0.23 | $0.23 | $0.22 | $0.21 | $0.21 | $0.19 | $0.19 | $0.21 | $0.20 | $0.38 |
2019 | $0.00 | $0.23 | $0.25 | $0.23 | $0.23 | $0.24 | $0.23 | $0.23 | $0.22 | $0.23 | $0.22 | $0.44 |
2018 | $0.00 | $0.20 | $0.21 | $0.21 | $0.21 | $0.22 | $0.23 | $0.23 | $0.23 | $0.24 | $0.25 | $0.45 |
2017 | $0.00 | $0.21 | $0.22 | $0.21 | $0.21 | $0.21 | $0.21 | $0.21 | $0.20 | $0.21 | $0.20 | $0.41 |
2016 | $0.00 | $0.22 | $0.20 | $0.18 | $0.20 | $0.21 | $0.21 | $0.20 | $0.21 | $0.20 | $0.20 | $0.35 |
2015 | $0.00 | $0.24 | $0.24 | $0.24 | $0.24 | $0.23 | $0.23 | $0.23 | $0.23 | $0.23 | $0.22 | $0.44 |
2014 | $0.00 | $0.27 | $0.27 | $0.26 | $0.26 | $0.25 | $0.25 | $0.25 | $0.25 | $0.25 | $0.24 | $0.46 |
2013 | $0.24 | $0.26 | $0.25 | $0.25 | $0.25 | $0.26 | $0.26 | $0.26 | $0.27 | $0.28 | $0.55 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares National AMT-Free Muni Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares National AMT-Free Muni Bond ETF was 13.68%, occurring on Mar 19, 2020. Recovery took 92 trading sessions.
The current iShares National AMT-Free Muni Bond ETF drawdown is 2.91%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-13.68% | Mar 10, 2020 | 8 | Mar 19, 2020 | 92 | Jul 30, 2020 | 100 |
-12.33% | Sep 10, 2008 | 26 | Oct 15, 2008 | 58 | Jan 8, 2009 | 84 |
-11.88% | Jul 20, 2021 | 325 | Oct 31, 2022 | — | — | — |
-9.74% | Dec 3, 2012 | 140 | Jun 24, 2013 | 270 | Jul 21, 2014 | 410 |
-8.86% | Aug 26, 2010 | 99 | Jan 14, 2011 | 123 | Jul 13, 2011 | 222 |
Volatility
Volatility Chart
The current iShares National AMT-Free Muni Bond ETF volatility is 0.74%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.