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Columbia Multi-Sector Municipal Income ETF (MUST)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US19761L6074

CUSIP

19761L607

Issuer

Ameriprise Financial

Inception Date

Oct 10, 2018

Region

North America (U.S.)

Category

Money Market

Leveraged

1x

Index Tracked

Bloomberg Beta Advantage Multi-Sector Municipal Bond Index

Asset Class

Bond

Expense Ratio

MUST has an expense ratio of 0.23%, which is considered low compared to other funds.


Expense ratio chart for MUST: current value at 0.23% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.23%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
MUST vs. BIL MUST vs. JPST MUST vs. SPY MUST vs. SHYD MUST vs. VOO MUST vs. ITM MUST vs. SCMB MUST vs. EVIM MUST vs. IMSI MUST vs. SCMBX
Popular comparisons:
MUST vs. BIL MUST vs. JPST MUST vs. SPY MUST vs. SHYD MUST vs. VOO MUST vs. ITM MUST vs. SCMB MUST vs. EVIM MUST vs. IMSI MUST vs. SCMBX

Performance

Performance Chart

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.


-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
0.93%
9.66%
MUST (Columbia Multi-Sector Municipal Income ETF)
Benchmark (^GSPC)

Returns By Period

Columbia Multi-Sector Municipal Income ETF had a return of 0.20% year-to-date (YTD) and 0.74% in the last 12 months.


MUST

YTD

0.20%

1M

-1.30%

6M

0.93%

1Y

0.74%

5Y*

1.11%

10Y*

N/A

^GSPC (Benchmark)

YTD

25.25%

1M

0.08%

6M

9.66%

1Y

25.65%

5Y*

13.17%

10Y*

11.11%

Monthly Returns

The table below presents the monthly returns of MUST, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-1.10%0.69%-0.11%-0.80%-0.74%0.91%1.33%0.71%0.75%-1.58%2.56%0.20%
20232.98%-2.07%1.81%-0.11%-0.69%0.90%0.49%-1.58%-3.26%-0.96%6.02%2.88%6.23%
2022-3.24%-0.99%-2.59%-2.91%1.35%-1.71%3.41%-2.20%-4.18%-0.82%4.95%0.16%-8.83%
20210.47%-1.40%0.85%0.95%0.30%0.32%0.92%-0.29%-0.79%-0.38%0.59%0.41%1.93%
20202.11%1.44%-4.28%-2.01%3.28%1.77%1.88%0.04%-0.16%-0.24%1.23%1.68%6.70%
20190.66%0.79%2.10%0.17%1.82%0.52%0.87%1.50%-0.73%-0.20%0.44%0.11%8.32%
20180.37%0.37%1.96%2.72%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of MUST is 15, meaning it’s performing worse than 85% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of MUST is 1515
Overall Rank
The Sharpe Ratio Rank of MUST is 1515
Sharpe Ratio Rank
The Sortino Ratio Rank of MUST is 1414
Sortino Ratio Rank
The Omega Ratio Rank of MUST is 1313
Omega Ratio Rank
The Calmar Ratio Rank of MUST is 1616
Calmar Ratio Rank
The Martin Ratio Rank of MUST is 1717
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Columbia Multi-Sector Municipal Income ETF (MUST) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for MUST, currently valued at 0.12, compared to the broader market0.002.004.000.122.07
The chart of Sortino ratio for MUST, currently valued at 0.21, compared to the broader market-2.000.002.004.006.008.0010.000.212.76
The chart of Omega ratio for MUST, currently valued at 1.02, compared to the broader market0.501.001.502.002.503.001.021.39
The chart of Calmar ratio for MUST, currently valued at 0.11, compared to the broader market0.005.0010.0015.000.113.05
The chart of Martin ratio for MUST, currently valued at 0.61, compared to the broader market0.0020.0040.0060.0080.00100.000.6113.27
MUST
^GSPC

The current Columbia Multi-Sector Municipal Income ETF Sharpe ratio is 0.12. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Columbia Multi-Sector Municipal Income ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.12
2.07
MUST (Columbia Multi-Sector Municipal Income ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Columbia Multi-Sector Municipal Income ETF provided a 3.10% dividend yield over the last twelve months, with an annual payout of $0.63 per share.


0.50%1.00%1.50%2.00%2.50%$0.00$0.10$0.20$0.30$0.40$0.50$0.60201820192020202120222023
Dividends
Dividend Yield
PeriodTTM202320222021202020192018
Dividend$0.63$0.52$0.35$0.36$0.52$0.58$0.11

Dividend yield

3.10%2.51%1.76%1.61%2.34%2.69%0.55%

Monthly Dividends

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.05$0.05$0.06$0.05$0.05$0.05$0.06$0.05$0.05$0.06$0.05$0.58
2023$0.00$0.04$0.04$0.05$0.04$0.04$0.04$0.05$0.04$0.04$0.05$0.10$0.52
2022$0.00$0.02$0.02$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.07$0.35
2021$0.00$0.04$0.03$0.04$0.03$0.03$0.03$0.03$0.03$0.02$0.03$0.07$0.36
2020$0.00$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.11$0.52
2019$0.00$0.05$0.04$0.05$0.05$0.05$0.05$0.04$0.05$0.05$0.04$0.12$0.58
2018$0.11$0.11

Drawdowns

Drawdowns Chart

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.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.58%
-1.91%
MUST (Columbia Multi-Sector Municipal Income ETF)
Benchmark (^GSPC)

Worst Drawdowns

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. The portfolio has not yet recovered.

The current Columbia Multi-Sector Municipal Income ETF drawdown is 3.58%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-13.83%Aug 4, 2021314Oct 31, 2022
-12.86%Mar 10, 202010Mar 23, 202090Jul 31, 2020100
-2.29%Feb 16, 20219Feb 26, 202165Jun 1, 202174
-1.67%Sep 5, 201941Nov 12, 201930Jan 6, 202071
-1.31%Aug 11, 202017Sep 2, 202055Nov 19, 202072

Volatility

Volatility Chart

The current Columbia Multi-Sector Municipal Income ETF volatility is 1.71%, 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.


1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
1.71%
3.82%
MUST (Columbia Multi-Sector Municipal Income ETF)
Benchmark (^GSPC)
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The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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