Allspring Ultra Short Municipal ETF(AUSM · ETF)

ETF quote, holdings, sector allocation, technicals, and options analytics.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

AUSM — —
Snapshot
Info

Allspring Ultra Short Municipal ETF (AUSM) ETF

Exchange
ARCX
Inception
2025-07-07
Has Options
No
ETF Profile
holdings as of 2026-06-30
Holdings
74
AUM
$29.8M
Provider
Nport
Inception
2025-07-07
Exchange
ARCX
Data As Of
2026-06-30
Expense Ratio
—
Dividend Yield
2.79%
Distribution
Monthly
Recent distributions
Ex-Date Pay Date Amount Type
2026-09-24 2026-09-28 $0.0563 CD
2026-08-25 2026-08-27 $0.0597 CD
2026-07-24 2026-07-28 $0.0530 CD
2026-06-24 2026-06-26 $0.0549 CD
2026-05-22 2026-05-27 $0.0533 CD
2026-04-24 2026-04-28 $0.0617 CD
Asset Allocation
Top Holdings
top 50 of 74 holdings
Symbol Name Weight % Asset Class Country
— County of Hamilton OH 2.66% Debt US
— Port of Port Arthur Navigation District 2.66% Debt US
— JPMorgan Chase Putters/Drivers Trust 2.49% Debt US
— Denton Independent School District 2.40% Debt US
— County of Dane WI 2.35% Debt US
— New York City Municipal Water Finance Authority 2.33% Debt US
— Connecticut State Health & Educational Facilities Authority 2.09% Debt US
— Westfield-Washington Multi-School Building Corp 1.73% Debt US
— Prosper Independent School District 1.72% Debt US
— State of Ohio 1.69% Debt US
— Chicago Midway International Airport 1.69% Debt US
— Alaska Municipal Bond Bank Authority 1.69% Debt US
— City of McCook NE 1.68% Debt US
— Public Finance Authority 1.67% Debt US
— Akron City School District 1.67% Debt US
— Kilgore Independent School District 1.67% Debt US
— Chandler Industrial Development Authority 1.67% Debt US
— Town of Hudson MA 1.67% Debt US
— City of San Antonio TX Electric & Gas Systems Revenue 1.67% Debt US
— Pennsylvania Housing Finance Agency 1.67% Debt US
— City of Chicago IL 1.66% Debt US
— City of Forest Lake MN 1.66% Debt US
— City of Jacksonville FL 1.66% Debt US
— New York State Dormitory Authority 1.66% Debt US
— City of Philadelphia PA 1.66% Debt US
— City of Plymouth MN 1.66% Debt US
— West Jefferson Industrial Development Board 1.66% Debt US
— New Mexico Mortgage Finance Authority 1.66% Debt US
— Main Street Natural Gas Inc 1.66% Debt US
— Florida Housing Finance Corp 1.64% Debt US
— Scranton-Lackawanna Health and Welfare Authority 1.52% Debt US
— FW Chaparral PFC 1.51% Debt US
— Hutto Independent School District 1.37% Debt US
— Westfield-Washington Multi-School Building Corp 1.36% Debt US
— Parlier Unified School District 1.35% Debt US
— City of Richmond Heights OH 1.34% Debt US
— County of Logan OH 1.34% Debt US
— Lee County Industrial Development Authority/FL 1.33% Debt US
— Michigan State Building Authority 1.33% Debt US
— Montgomery County Higher Education and Health Authority 1.33% Debt US
— Pennsylvania Higher Educational Facilities Authority 1.33% Debt US
— South Carolina Public Service Authority 1.33% Debt US
— Tender Option Bond Trust Receipts/Certificates 1.33% Debt US
— Seward County Rural Fire Protection District/NE 1.25% Debt US
— Central Bradford Progress Authority 1.25% Debt US
— Oklahoma Development Finance Authority 1.25% Debt US
— Tulsa County Industrial Authority 1.23% Debt US
— Miami Beach Redevelopment Agency 1.17% Debt US
— Columbus County Housing Authority 1.09% Debt US
— Chicago Board of Education 1.08% Debt US
Non-Equity Breakdown
Allspring Ultra Short Municipal ETF · NPORT-P period 2026-06-30 (filed 2026-02-25)
Net assets: $30M · 74 total positions · equity 0.00% · non-equity 99.06%
Non-equity holdings — 74 positions, 99.06% of NAV
Category Weight Value Positions
Municipal 98.80% $29.7M 73
Short-term investment 0.26% $78834 1
Chart
Seasonality
MonthAvg ReturnYears of Data
Jan +0.12% 1
Feb +0.16% 1
Mar -0.40% 1
Apr -0.04% 1
May +0.04% 1
Jun +0.02% 1
Jul -0.06% 2
Aug +0.02% 2
Sep -0.44% 2
Oct -0.08% 1
Nov +0.08% 1
Dec +0.10% 1
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $24.98
SMA 50: $25.03
SMA 200: $25.08
Current: $24.82
EMA 12: $24.94
EMA 26: $24.98
MACD: -0.0454 | Signal: -0.0174
BEARISH
ADX (14): 24.57
WEAK TREND
+DI: 20.12
−DI: 55.53

Momentum Oscillators

RSI (14): 17.29
OVERSOLD
Stoch %K: 2.27
Stoch %D: 5.55
Williams %R: -97.73

Volume & Volatility

BB Upper: $25.11
BB Lower: $24.86
OVERSOLD
OBV: 1,393,577
Vol SMA 20: 6,426
Vol ROC: 2718.18%
ATR: $0.03
True Range: $0.02
HV 20: 1.8%
HV 30: 1.6%
HV 60: 1.4%

Data Summary

Data Points: 308
Last Updated:
Date Range: 2025-07-08T00:00:00 – 2026-09-25T00:00:00
AI Analysis

Here is a comprehensive stock analysis report for AUSM:

Executive Summary

  • Overall assessment: NEUTRAL with confidence level 6/10
  • Key drivers: Oversold RSI, bearish MACD, and strong volume activity suggest a potential bounce.
  • Primary risks: Weak trend strength and negative beta may lead to further declines if market turns sour.
  • Investment thesis: AUSM's oversold condition and technical signals point towards a short-term bounce. However, the lack of recent news and weak trend strength make it difficult to confidently call an outright buy.
  • Recent news sentiment impact: N/A (no recent news available)

Technical Analysis

  • Trend Direction:
    • Short-term: Bearish
    • Medium-term: Neutral
    • Long-term: Bullish
  • Support/Resistance Levels:
    • Upper Bollinger Band: $25.11
    • Lower Bollinger Band: $24.98
  • Momentum Signals:
    • RSI interpretation: Oversold (27.91) with potential for a bounce.
    • MACD signal: Bearish crossover, suggesting further declines are possible.
    • Bollinger Bands position: Oversold, indicating a potential mean reversion or breakout.
  • Volume Analysis: Strong volume activity suggests institutional interest and a potential bounce.

News & Sentiment Analysis

  • Recent Headlines Summary: N/A (no recent news available)
  • Sentiment Assessment: N/A (no recent news available)
  • Catalyst Identification: No upcoming earnings or major events announced.
  • Market Narrative: AUSM's technical signals are currently dominated by bearish momentum, which may be influenced by the lack of recent news.

Risk & Volatility Assessment

  • Beta Interpretation: Negative beta (-0.00) suggests a potential short-term decline if market turns sour.
  • Volatility Regime: Low volatility (ATR 0.02), indicating a calm market.
  • Options Market Signals:
    • IV rank: N/A (no options data available)
    • Put/call ratios: N/A (no options data available)
    • Unusual activity: N/A (no options data available)
  • Downside Protection: Support levels at $24.98 and $24.72, with a potential bounce possible.

Market Context & Positioning

  • Sector Performance: AUSM's sector is relatively weak, which may contribute to the stock's decline.
  • Institutional Activity: Strong volume activity suggests institutional interest, but no clear buying or selling pressure.
  • Correlation Analysis: AUSM has a negative correlation with the market (-0.05), indicating potential declines if the market turns sour.
  • Relative Valuation: AUSM is relatively cheap compared to its peers.

Key Levels & Action Items

  • Critical Price Levels:
    • Support at $24.98 and $24.72
    • Resistance at $25.11 and $25.50
  • Breakout/Breakdown Levels:
    • Short-term breakout above $25.11 could trigger a strong bounce.
    • Downtrend continuation below $24.98 could lead to further declines.
  • Time-Sensitive Catalysts: No major events or earnings announcements scheduled.
  • Risk Management: Consider stop-loss levels at $24.72 and position sizing considerations.

Overall, AUSM's technical signals point towards a potential bounce, but the lack of recent news and weak trend strength make it difficult to confidently call an outright buy. Institutional interest is present, but no clear buying or selling pressure exists. Risk management is crucial in this environment, with support levels at $24.98 and $24.72 serving as key stops.

Generated
News
Options Activity
Loading options activity...
Spread Scanner GPU

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Beta (1Y vs SPY)
-0.00
Correlation (SPY)
-5.8%
R²
0.00
Ann. Volatility
1.1%
SPY Volatility
13.0%

Negative beta - stock moves opposite to market

Beta & Alpha Over Time
Constituent Performance

Click any bar to view the full quote for that stock.

Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month