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Schwab Municipal Bond ETF (SCMB)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US8085246499

Issuer

Schwab

Inception Date

Oct 11, 2022

Leveraged

1x

Index Tracked

ICE AMT-Free Core U.S. National Municipal Index - Benchmark TR Gross

Asset Class

Bond

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:
SCMB vs. SCYB SCMB vs. SWNTX SCMB vs. VTEB SCMB vs. OPCAX SCMB vs. MUST SCMB vs. BND SCMB vs. MUB SCMB vs. VWIUX SCMB vs. TBIL SCMB vs. SCHD
Popular comparisons:
SCMB vs. SCYB SCMB vs. SWNTX SCMB vs. VTEB SCMB vs. OPCAX SCMB vs. MUST SCMB vs. BND SCMB vs. MUB SCMB vs. VWIUX SCMB vs. TBIL SCMB vs. SCHD

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Schwab Municipal 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.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
3.41%
11.19%
SCMB (Schwab Municipal Bond ETF)
Benchmark (^GSPC)

Returns By Period

Schwab Municipal Bond ETF had a return of 3.12% year-to-date (YTD) and 7.40% in the last 12 months.


SCMB

YTD

3.12%

1M

-0.13%

6M

3.41%

1Y

7.40%

5Y (annualized)

N/A

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

24.05%

1M

0.89%

6M

11.19%

1Y

30.12%

5Y (annualized)

13.82%

10Y (annualized)

11.14%

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.25%-0.06%0.08%-0.87%0.21%0.83%1.20%0.95%1.46%-1.33%3.12%
20232.77%-2.31%2.43%-0.16%-0.60%0.78%0.37%-1.00%-2.43%-1.41%6.03%2.64%6.98%
2022-1.98%5.54%-0.01%3.44%

Expense Ratio

SCMB has an expense ratio of 0.03%, which is considered low compared to other funds.


Expense ratio chart for SCMB: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of SCMB is 66, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of SCMB is 6666
Combined Rank
The Sharpe Ratio Rank of SCMB is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of SCMB is 6363
Sortino Ratio Rank
The Omega Ratio Rank of SCMB is 6767
Omega Ratio Rank
The Calmar Ratio Rank of SCMB is 7575
Calmar Ratio Rank
The Martin Ratio Rank of SCMB is 6161
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 Schwab Municipal Bond ETF (SCMB) 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 SCMB, currently valued at 1.89, compared to the broader market0.002.004.006.001.892.54
The chart of Sortino ratio for SCMB, currently valued at 2.71, compared to the broader market-2.000.002.004.006.008.0010.0012.002.713.40
The chart of Omega ratio for SCMB, currently valued at 1.37, compared to the broader market0.501.001.502.002.503.001.371.47
The chart of Calmar ratio for SCMB, currently valued at 3.01, compared to the broader market0.005.0010.0015.003.013.66
The chart of Martin ratio for SCMB, currently valued at 9.77, compared to the broader market0.0020.0040.0060.0080.00100.00120.009.7716.28
SCMB
^GSPC

The current Schwab Municipal Bond ETF Sharpe ratio is 1.89. 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 Schwab Municipal Bond 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 Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
1.89
2.54
SCMB (Schwab Municipal Bond ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Schwab Municipal Bond ETF provided a 4.48% dividend yield over the last twelve months, with an annual payout of $1.16 per share.


1.00%2.00%3.00%4.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.2020222023
Dividends
Dividend Yield
PeriodTTM20232022
Dividend$1.16$1.15$0.24

Dividend yield

4.48%4.38%0.92%

Monthly Dividends

The table displays the monthly dividend distributions for Schwab Municipal Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.07$0.15$0.07$0.07$0.08$0.07$0.14$0.16$0.07$0.08$0.95
2023$0.00$0.13$0.07$0.14$0.06$0.13$0.08$0.13$0.07$0.07$0.06$0.22$1.15
2022$0.06$0.17$0.24

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%JuneJulyAugustSeptemberOctoberNovember
-0.87%
-1.41%
SCMB (Schwab Municipal Bond ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Schwab Municipal 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 Schwab Municipal Bond ETF was 5.62%, occurring on Oct 30, 2023. Recovery took 21 trading sessions.

The current Schwab Municipal Bond ETF drawdown is 0.87%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-5.62%Apr 13, 2023139Oct 30, 202321Nov 29, 2023160
-3.23%Feb 3, 202319Mar 2, 202324Apr 5, 202343
-2.55%Oct 2, 202426Nov 6, 2024
-2.09%Oct 13, 20229Oct 25, 202212Nov 10, 202221
-1.68%May 16, 20249May 29, 202411Jun 13, 202420

Volatility

Volatility Chart

The current Schwab Municipal Bond ETF volatility is 1.98%, 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%JuneJulyAugustSeptemberOctoberNovember
1.98%
4.07%
SCMB (Schwab Municipal Bond ETF)
Benchmark (^GSPC)