Short Muni ETFs

27 US-listed ETFs in the Short Muni category, from 24 issuers, with $35.8B in assets. The largest is iShares Short-Term National Muni Bond ETF (SUB) at $12.3B. The cheapest with at least $50M in assets is VTES at 0.05%. The median fund charges 0.20%.

Funds
27
24 issuers
Assets
$35.8B
Median fee
0.20%
0.05% to 0.55%
Median 1-year return
−1.9%
price return
Net flows, May 2026
+$784M
from SEC filings
Best 1-year return
−0.1%
GUMI, $50M+ in assets

Net flows by month

through Jul 2026SEC filings

Net creations across these funds as reported in SEC filings. The most recent months only include funds that have filed for them; funds whose filing covers other share classes are left out.

View as a table
Net flows of Short Muni ETFs by month, Aug 2023 to Jul 2026
MonthCreationsRedemptionsNet flowFunds reporting
Jul 2026$92M$64M+$29M7 partial
Jun 2026$608M$5.0M+$603M14 partial
May 2026$811M$27M+$784M23
Apr 2026$505M$325M+$180M23
Mar 2026$773M$96M+$677M23
Feb 2026$602M$80M+$522M23
Jan 2026$1.3B$907M+$372M23
Dec 2025$1.5B$13M+$1.5B23
Nov 2025$821M$11M+$810M22
Oct 2025$781M$92M+$688M22
Sep 2025$806M$192M+$614M22
Aug 2025$672M$7.6M+$665M21
Jul 2025$665M$2.0M+$663M21
Jun 2025$878M$6.9M+$871M19
May 2025$855M$13M+$841M19
Apr 2025$1.2B$245M+$974M18
Mar 2025$531M$426M+$105M18
Feb 2025$603M$34M+$569M18
Jan 2025$532M$133M+$399M18
Dec 2024$362M$122M+$240M18
Nov 2024$311M$88M+$223M18
Oct 2024$431M$127M+$304M17
Sep 2024$243M$167M+$76M17
Aug 2024$193M$207M−$15M17
Jul 2024$145M$130M+$15M16
Jun 2024$188M$137M+$51M17
May 2024$125M$76M+$49M15
Apr 2024$197M$237M−$40M15
Mar 2024$112M$153M−$41M15
Feb 2024$164M$182M−$18M15
Jan 2024$182M$248M−$66M14
Dec 2023$262M$53M+$209M13
Nov 2023$537M$112M+$425M13
Oct 2023$169M$395M−$226M13
Sep 2023$118M$518M−$401M12
Aug 2023$204M$447M−$242M11

All Short Muni ETFs

# Fund Issuer Fee Assets YTD 1Y Yield 3M flow Score Holdings as of
1 SUBiShares Short-Term National Muni Bond ETF iShares 0.07% $12.3B −1.8% −1.7% 2.60% +$479M 98 Oct 8, 2026 issuer
2 JMSTJPMorgan Ultra-Short Municipal Income ETFActive JPMorgan 0.18% $7.7B −0.7% −0.6% 2.57% +$212M 89 May 31, 2026 SEC
3 SHMState Street SPDR Nuveen ICE Short Term Municipal Bond ETF State Street SPDR 0.20% $3.5B −2.6% −2.7% 2.74% +$24M 79 Oct 8, 2026 issuer
4 VTESVanguard Short-Term Tax-Exempt Bond ETF Vanguard 0.05% $2.4B −2.6% −2.6% 2.72% +$246M 96 May 31, 2026 SEC
5 CGSMCapital Group Short Duration Municipal Income ETFActive Capital Group 0.25% $1.6B −2.0% −2.2% 2.97% +$406M 72 Jun 30, 2026 SEC
6 MEARiShares Short Maturity Municipal Bond Active ETFActive iShares 0.26% $1.4B −1.3% −1.4% 2.83% +$13M 72 Oct 8, 2026 issuer
7 TAFIAB Tax-Aware Short Duration Municipal ETFActive AllianceBernstein 0.27% $1.4B −2.3% −2.5% 3.18% +$104M 71 May 31, 2026 SEC
8 SMMUPIMCO Short Term Municipal Bond Active Exchange-Traded FundActive PIMCO 0.35% $1.2B −1.6% −1.8% 2.90% +$93M 60 Jun 30, 2026 SEC
9 VSDMVanguard Short Duration Tax-Exempt Bond ETFActive Vanguard 0.12% $920M −2.5% −2.6% 3.17% +$234M 84 Apr 30, 2026 SEC
10 EVSMEaton Vance Short Duration Municipal Income ETF Eaton Vance 0.19% $913M −2.0% −2.2% 3.04% +$72M 75 Jun 30, 2026 SEC
11 FSMBFirst Trust Short Duration Managed Municipal ETFActive First Trust 0.55% $641M −2.5% −2.7% 3.24% +$26M 50 Apr 30, 2026 SEC
12 BKMSBNY Mellon Municipal Short Duration ETF BNY Mellon 0.35% $438M — — 2.21% −$8.2M 52 May 29, 2026 SEC
13 SMBVanEck Short Muni ETF VanEck 0.07% $369M −2.5% −2.4% 2.85% +$8.7M 79 Oct 8, 2026 issuer
14 TAXXBondBloxx IR+M Tax Aware Short Duration ETFActive BondBloxx 0.35% $283M −1.7% −1.9% 3.50% +$3.6M 49 Apr 30, 2026 SEC
15 FUMBFirst Trust Ultra Short Duration Municipal ETFActive First Trust 0.45% $260M −0.5% −0.8% 2.73% +$18M 47 Apr 30, 2026 SEC
16 PUSHPGIM Ultra Short Municipal Bond ETFActive PGIM 0.15% $154M −0.9% −0.9% 3.16% +$30M 69 May 29, 2026 SEC
17 TAXSNorthern Trust Short-Term Tax-Exempt Bond ETF Northern Trust FlexShares 0.05% $118M −1.7% −1.2% 2.42% +$33M 69 Jun 30, 2026 SEC
18 MMSDNYLIM MacKay Muni Short Duration ETFActive New York Life 0.25% $78M −2.4% −2.6% 3.61% +$16M 47 Jul 31, 2026 SEC
19 GUMIGoldman Sachs Ultra Short Municipal Income ETFActive Goldman Sachs 0.16% $60M −0.3% −0.1% 2.63% +$11M 62 May 31, 2026 SEC
20 PVIInvesco Floating Rate Municipal Income ETF Invesco 0.25% $32M −0.1% +0.0% 2.21% −$1.2M 43 Oct 8, 2026 issuer
21 AUSMAllspring Ultra Short Municipal ETFActive Allspring 0.18% $31M −1.0% −1.0% 2.78% +$1.0M 45 Jun 30, 2026 SEC
22 TMNST. Rowe Price Short Municipal Income ETFActive T. Rowe Price 0.18% $21M −2.9% — 2.93% $0 44 May 31, 2026 SEC
23 STAXNomura Tax-Free USA Short Term ETFActive Nomura 0.29% $9.9M −2.6% −2.9% 3.20% +$7.0M 32 Jun 30, 2026 SEC
24 AMUNabrdn Ultra Short Municipal Income Active ETFActive abrdn — — −0.5% — 2.88% — — —
25 FTMSFranklin Short-Term Municipal Income ETF Franklin Templeton — — −2.0% — 3.11% — — —
26 MFSXMFS Active Short Muni Bond ETFActive MFS — — — — — — — —
27 VMSDVictoryShares Short-Duration Municipal ETF VictoryShares — — — — — — — —

Sorted by assets; click a column to re-sort. 3M flow is each fund's latest three reported months. Returns are price returns and exclude distributions.

Other Municipal Bond categories

Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.