The 10 top performers
| # | Fund | 30 days | Net assets | Cost | Yield | 1 mo | YTD | 1 yr | 3 yr | 5 yr |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | FUMB First Trust Ultra Short Duration Municipal ETF | $246.5M | 0.45% | 3.04% | +0.8% | +2.2% | +3.0% | +3.1% | +2.3% | |
| 2 | IBMO iShares iBonds Dec 2026 Term Muni Bond ETF | $576.0M | 0.18% | 2.38% | +0.2% | +1.8% | +2.6% | +3.5% | +0.9% | |
| 3 | JMST JPMorgan Ultra-Short Municipal Income ETF | $7.36B | 0.18% | 2.57% | +0.9% | +1.9% | +2.5% | +3.3% | +2.5% | |
| 4 | IBMP iShares iBonds Dec 2027 Term Muni Bond ETF | $655.5M | 0.18% | 2.49% | +0.7% | +1.7% | +2.4% | +3.7% | +0.8% | |
| 5 | SHYD VanEck Short High Yield Muni ETF | $450.4M | 0.32% | 3.68% | +2.9% | +1.2% | +2.4% | +5.1% | +1.1% | |
| 6 | SMMU PIMCO Short Term Municipal Bond Active ETF | $1.14B | 0.35% | 2.87% | +2.0% | +1.8% | +2.3% | +4.1% | +2.2% | |
| 7 | BSMQ Invesco BulletShares 2026 Municipal Bond ETF | $268.5M | 0.18% | 2.73% | +0.4% | +1.5% | +2.1% | +3.7% | +0.5% | |
| 8 | SMB VanEck Short Muni ETF | $311.5M | 0.07% | 2.9% | +2.1% | +1.2% | +2.1% | +3.7% | +1.4% | |
| 9 | SUB iShares Short-Term National Muni Bond ETF | $11.64B | 0.07% | 2.56% | +1.7% | +1.2% | +2.1% | +3.3% | +1.6% | |
| 10 | BSMR Invesco BulletShares 2027 Municipal Bond ETF | $357.8M | 0.18% | 2.64% | +1.2% | +1.5% | +2.0% | +4.0% | +0.7% |
Funds with less than $25 million in net assets and leveraged or inverse funds are left out of the ranking. Returns are total returns with distributions reinvested (3 and 5 years annualized), as of Oct 27, 2026.
How the top 5 compare
Growth of each fund’s value from the start of the range, distributions reinvested. The dashed gray line is the S&P 500 (SPY).
All 64 Municipal Bond ETFs
Largest first. Click a heading to sort.
| Fund | Issuer | Net assets | Cost | Yield | YTD | 1 yr | 5 yr |
|---|---|---|---|---|---|---|---|
| VTEB Vanguard Tax-Exempt Bond ETF | Vanguard | $48.52B† | 0.03% | 3.46% | -0.3% | +0.1% | +0.6% |
| MUB iShares National Muni Bond ETF | iShares | $45.38B | 0.05% | 3.3% | -0.6% | -0.2% | +0.6% |
| SUB iShares Short-Term National Muni Bond ETF | iShares | $11.64B | 0.07% | 2.56% | +1.2% | +2.1% | +1.6% |
| JMUB JPMorgan Municipal ETF | JPMorgan | $8.75B | 0.18% | 3.5% | -0.5% | -0.2% | +1.0% |
| JMST JPMorgan Ultra-Short Municipal Income ETF | JPMorgan | $7.36B | 0.18% | 2.57% | +1.9% | +2.5% | +2.5% |
| CMF iShares California Muni Bond ETF | iShares | $4.63B | 0.08% | 3.02% | -1.0% | -0.6% | +0.4% |
| HYD VanEck High Yield Muni ETF | VanEck | $4.43B | 0.32% | 4.47% | 0.0% | +0.9% | -0.4% |
| PZA Invesco National AMT-Free Municipal Bond ETF | Invesco | $4.24B | 0.28% | 4.02% | -2.5% | -2.7% | -0.8% |
| SHM SPDR Nuveen Bloomberg Short Term Municipal Bond E… | SPDR (State Street) | $3.47B | 0.2% | 2.72% | +0.8% | +1.2% | +1.0% |
| TFI SPDR Nuveen Bloomberg Municipal Bond ETF | SPDR (State Street) | $3.12B | 0.23% | 3.66% | -1.1% | -0.8% | -0.4% |
| HYMB SPDR Nuveen Bloomberg High Yield Municipal Bond E… | SPDR (State Street) | $3.09B | 0.35% | 4.88% | -0.5% | -0.5% | -0.3% |
| MUNI PIMCO Intermediate Municipal Bond Active Exchange… | AllianzIM | $3.09B | 0.35% | 3.37% | -0.1% | +0.2% | +1.2% |
| VTES Vanguard Short-Term Tax Exempt Bond ETF | Vanguard | $2.42B† | 0.05% | 2.67% | +0.8% | +1.6% | — |
| FLMI Franklin Dynamic Municipal Bond ETF | Franklin Templeton | $2.30B | 0.3% | 4.12% | -0.4% | +0.1% | +1.7% |
| DFNM Dimensional National Municipal Bond ETF | Dimensional | $2.24B | 0.17% | 3.06% | +0.1% | +0.7% | — |
| ITM VanEck Intermediate Muni ETF | VanEck | $2.12B | 0.18% | 3.09% | -0.9% | -0.3% | +0.4% |
| FMB First Trust Managed Municipal ETF | First Trust | $2.05B | 0.39% | 4.14% | -0.6% | 0.0% | +0.5% |
| NYF iShares New York Muni Bond ETF | iShares | $1.46B | 0.09% | 3.21% | -0.6% | -0.4% | +0.5% |
| MMIT NYLI MacKay Muni Intermediate ETF | New York Life | $1.46B | 0.3% | 3.6% | -0.2% | +0.2% | +0.9% |
| TAFI AB Tax-Aware Short Duration Municipal ETF | AllianceBernstein | $1.38B | 0.27% | 3.09% | +1.1% | +1.6% | — |
| MEAR iShares Short Maturity Municipal Bond Active ETF | iShares | $1.36B | 0.26% | 2.8% | +1.4% | +1.9% | +2.5% |
| PWZ Invesco California AMT-Free Municipal Bond ETF | Invesco | $1.21B | 0.28% | 3.99% | -1.4% | -1.5% | -0.5% |
| SMMU PIMCO Short Term Municipal Bond Active ETF | AllianzIM | $1.14B | 0.35% | 2.87% | +1.8% | +2.3% | +2.2% |
| BAB Invesco Taxable Municipal Bond ETF | Invesco | $1.07B | 0.28% | 4.42% | -1.6% | -2.4% | -1.2% |
| FMHI First Trust Municipal High Income ETF | First Trust | $994.3M | 0.7% | 5% | -0.4% | +0.2% | +0.3% |
| VSDM Vanguard Short Duration Tax-Exempt Bond ETF | Vanguard | $831.5M† | 0.12% | 1.04% | 0.0% | — | — |
| HMOP Hartford Municipal Opportunities ETF | Hartford | $784.5M | 0.29% | 3.58% | -0.3% | 0.0% | +1.1% |
| TAFM AB Tax-Aware Intermediate Municipal ETF | AllianceBernstein | $782.7M | 0.28% | 3.81% | -0.3% | -0.3% | — |
| MINO PIMCO Municipal Income Opportunities Active Excha… | AllianzIM | $719.8M | 0.39% | 4.01% | -0.3% | -0.4% | +1.2% |
| TAXF American Century Diversified Municipal Bond ETF | American Century Investments | $683.8M | 0.27% | 3.95% | -0.6% | -0.4% | +0.7% |
| MLN VanEck Long Muni ETF | VanEck | $678.0M | 0.24% | 4.04% | -1.0% | -1.4% | -1.4% |
| IBMQ iShares iBonds Dec 2028 Term Muni Bond ETF | iShares | $660.6M | 0.18% | 2.44% | +1.3% | +2.0% | +0.8% |
| IBMP iShares iBonds Dec 2027 Term Muni Bond ETF | iShares | $655.5M | 0.18% | 2.49% | +1.7% | +2.4% | +0.8% |
| FSMB First Trust Short Duration Managed Municipal ETF | First Trust | $621.7M | 0.55% | 3.29% | +1.0% | +1.7% | +1.5% |
| IBMO iShares iBonds Dec 2026 Term Muni Bond ETF | iShares | $576.0M | 0.18% | 2.38% | +1.8% | +2.6% | +0.9% |
| INMU iShares Intermediate Muni Income Active ETF | iShares | $539.0M | 0.3% | 3.43% | +0.8% | +1.2% | +1.6% |
| MMIN NYLI MacKay Muni Insured ETF | New York Life | $462.5M | 0.3% | 4.12% | -0.8% | -0.6% | +0.3% |
| SHYD VanEck Short High Yield Muni ETF | VanEck | $450.4M | 0.32% | 3.68% | +1.2% | +2.4% | +1.1% |
| IBMN iShares iBonds Dec 2025 Term Muni Bond ETF | iShares | $384.5M | 0.18% | 0.41% | 0.0% | +0.3% | +0.6% |
| BSMR Invesco BulletShares 2027 Municipal Bond ETF | Invesco | $357.8M | 0.18% | 2.64% | +1.5% | +2.0% | +0.7% |
| BSMS Invesco BulletShares 2028 Municipal Bond ETF | Invesco | $323.5M | 0.18% | 2.8% | +1.0% | +1.9% | +0.2% |
| SMB VanEck Short Muni ETF | VanEck | $311.5M | 0.07% | 2.9% | +1.2% | +2.1% | +1.4% |
| BSMT Invesco BulletShares 2029 Municipal Bond ETF | Invesco | $290.3M | 0.18% | 2.73% | +0.3% | +1.1% | -0.1% |
| HTAB Hartford Schroders Tax-Aware Bond ETF | Hartford | $288.2M | 0.39% | 3.97% | -1.0% | -1.5% | +0.3% |
| BSMU Invesco BulletShares 2030 Municipal Bond ETF | Invesco | $283.0M | 0.18% | 2.81% | -0.6% | -0.2% | -0.7% |
| BSMQ Invesco BulletShares 2026 Municipal Bond ETF | Invesco | $268.5M | 0.18% | 2.73% | +1.5% | +2.1% | +0.5% |
| FUMB First Trust Ultra Short Duration Municipal ETF | First Trust | $246.5M | 0.45% | 3.04% | +2.2% | +3.0% | +2.3% |
| XMPT VanEck CEF Muni Income ETF | VanEck | $219.5M | 3.4% | 7.02% | -4.1% | -3.6% | -2.0% |
| FCAL First Trust California Municipal High Income ETF | First Trust | $218.7M | 0.65% | 3.85% | -0.8% | -0.1% | +0.3% |
| BSMV Invesco BulletShares 2031 Municipal Bond ETF | Invesco | $192.0M | 0.18% | 2.94% | -1.2% | -0.7% | -1.1% |
| AVMU Avantis Core Municipal Fixed Income ETF | American Century Investments | $171.0M | 0.15% | 3.62% | -1.9% | -1.1% | +0.4% |
| RVNU Xtrackers Municipal Infrastructure Revenue Bond E… | DWS | $141.8M | 0.15% | 3.84% | -0.7% | -1.8% | -0.9% |
| PZT Invesco New York AMT-Free Municipal Bond ETF | Invesco | $141.4M | 0.28% | 4.03% | -2.3% | -2.7% | -0.9% |
| MMCA NYLI MacKay California Muni Intermediate ETF | New York Life | $89.6M | 0.36% | 3.36% | -0.9% | -0.3% | — |
| FLMB Franklin Municipal Green Bond ETF | Franklin Templeton | $78.2M | 0.3% | 4.32% | -1.5% | -1.3% | +0.1% |
| TAFL AB Tax-Aware Long Municipal ETF | AllianceBernstein | $67.6M | 0.28% | 4.33% | -0.8% | -1.0% | — |
| MNBD ALPS Intermediate Municipal Bond ETF | ALPS | $55.8M | 0.44% | 3.48% | +0.1% | +0.6% | — |
| MINN Mairs & Power Minnesota Municipal Bond ETF | Mairs & Power, Inc. | $46.8M | 0.25% | 3.16% | -2.2% | -2.0% | -0.6% |
| OVM Overlay Shares Municipal Bond ETF | Liquid Strategies | $44.8M | 0.81% | 5.2% | +1.8% | +1.9% | +1.1% |
| JHMU John Hancock Dynamic Municipal Bond ETF | Manulife | $44.1M | 0.39% | 3.92% | +0.2% | +0.8% | — |
| FMNY First Trust New York Municipal High Income ETF | First Trust | $38.1M | 0.65% | 4.18% | -1.1% | -0.6% | +0.3% |
| PVI Invesco Floating Rate Municipal Income ETF | Invesco | $29.8M | 0.25% | 2.18% | +1.4% | +1.8% | +2.1% |
| MBND SPDR Nuveen Municipal Bond ETF | SPDR (State Street) | $27.5M | 0.4% | 3.66% | -1.6% | -1.6% | — |
| SMI VanEck HIP Sustainable Muni ETF | VanEck | $11.3M | 0.24% | 0% | 0.0% | 0.0% | -0.8% |
Picking funds is the easy part
ReadyAimRetire shows whether your whole plan works, with your accounts, Social Security, taxes and spending, year by year.