Columbia Multi-Sector Municipal Income ETF (MUST)

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The chart shows the growth of an initial investment of $10,000 in Columbia Multi-Sector Municipal Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Columbia Multi-Sector Municipal Income ETF (MUST) has returned 0.02% so far this year and 5.29% over the past 12 months.

Based on dividend-adjusted daily data since Oct 10, 2018, MUST's average daily return is +0.01%, while the average monthly return is +0.25%. At this rate, your investment would double in approximately 23.1 years.

Historically, 61% of months were positive and 39% were negative. The best month was Nov 2023 with a return of +6.0%, while the worst month was Mar 2020 at -4.3%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.

On a daily basis, MUST closed higher 49% of trading days. The best single day was Mar 26, 2020 with a return of +3.4%, while the worst single day was Mar 23, 2020 at -3.5%.

Columbia Multi-Sector Municipal Income ETF has an annualized alpha of 2.27%, beta of 0.06, and R² of 0.04 versus S&P 500 Index. Calculated based on daily prices since October 11, 2018.

• This ETF participated in 22.37% of S&P 500 Index downside but only 17.16% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.06 may look defensive, but with R² of 0.04 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.04 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

MUST has an expense ratio of 0.23%, which is considered low.

MUST ranks 40 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Columbia Multi-Sector Municipal Income ETF (MUST) and compare them to a chosen benchmark (S&P 500 Index).

Columbia Multi-Sector Municipal Income ETF provided a 3.29% dividend yield over the last twelve months, with an annual payout of $0.67 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for Columbia Multi-Sector Municipal Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Columbia Multi-Sector Municipal Income 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 Columbia Multi-Sector Municipal Income ETF was 13.83%, occurring on Oct 31, 2022. Recovery took 721 trading sessions.

The current Columbia Multi-Sector Municipal Income ETF drawdown is 2.49%.

The chart below shows the rolling one-month volatility.