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SMB
+0.09 · +0.51%
$17.42 · BATS

VanEck Short Muni ETF (SMB) ETF Analysis | Muni National Short

VanEck · United States
AUM:$303.7M
#– of – in Muni National Short ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

SMB returned +4.3% over the past year, broadly in line with flat market conditions.

Cost Efficiency

Ongoing charge of 0.07% — among the lowest available for this category.

What is SMB?

The fund normally invests at least 80% of its total assets in fixed income securities that comprise the index. The index is comprised of publicly traded municipal bonds that cover the U.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Modest 1-Year Return
SMB returned 4.3% over the past year.
Ultra-Low Expense Ratio
Expense ratio of 0.07% — among the lowest available. Low costs compound favourably over long holding periods.
Broadly Diversified
Top 10 holdings represent just 7.4% of the ETF — exposure spread across many positions.
ETF Information
AUM$303.7M
Expense Ratio0.07%
Dividend Yield2.62%
Holdings10
Inception DateFeb 2008
DomicileUnited States
DistributionNA
Index–
ProviderVanEck
Beta0.36
CategoryMuni National Short
CurrencyUSD
Portfolio Impact

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Example preview
6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-1.1%
1Y
+1.2%
3Y
+9.6%
5Y
+4.8%
OpenBook InsightIf you had invested £10,000 in SMB 5 years ago, it would have grown to £10,476 — a gain of £476.

Annual Returns

Calendar year performance

SMB delivered positive returns in 3 of the last 5 calendar years.
YearSMB
2026 YTD-0.4%
2025+4.5%
2024+2.5%
2023+3.1%
2022-4.3%
CAGR 4yr+1.4%
3/5 positive yearsAvg return: +1.1%Worst year: -4.3% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: NEGATIVE
Trend Strength
0%
Negative
Volatility
1.4%
Low
Momentum
-0.1%
30-day change
Support Level
17.19
Key floor
Key Insights
  • Price is currently below all major moving averages, indicating a weaker trend profile.
  • Price is consolidating, with low momentum over the recent period.
  • Low volatility environment with a narrower recent trading range.
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