SMB VanEck Short Muni ETF
Quote as of Aug 26, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 17.24 | Day Range | 17.25 – 17.25 |
| 52-Week Range | 17.18 – 17.53 | Volume | 19.84K |
| Avg Volume | 67.06K | AUM | $318.1M (Aug 26, 2026) |
| Expense Ratio | 0.07% | Yield (TTM) | 2.78% |
| NAV | 17.24 | Premium/Discount | +0.06% indicative |
| Inception | Feb 22, 2008 | Holdings | 335 |
| Issuer | VanEck | Exchange | CBOE |
| Category | Municipal Bonds | Index Tracked | Not stated in source data |
| CUSIP | 92189F528 | ISIN | US92189F5281 |
| Structure | Inverse | ||
| Management | Not stated in source data | ||
About this ETF
The VanEck Short Muni ETF (SMB) strives to mirror as accurately as possible the price movements and income generation of the ICE Short AMT-Free Broad National Municipal Index (MBNS). This goal is pursued prior to the impact of any fees and expenses. The MBNS index itself is designed to observe the comprehensive performance of the U.S. dollar-denominated market for short-duration, tax-exempt municipal bonds.
Description from the fund data provider · profile as of Aug 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +0.06% | -0.23% | -1.43% | -0.98% | -0.58% | +0.99% | -0.93% | -0.31% | +0.24% |
| Total return | +0.35% | +0.52% | +0.06% | +0.76% | +2.38% | +3.59% | +1.19% | +1.44% | +2.06% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.07% | Annual cost of a $10,000 investment | $7.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 22, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 332 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | New York City Transitional Finance Auth | — | 1.04% | 3.00M | $3.3M |
| 2 | Charlotte-Mecklenburg Hospital Authorit | — | 1.03% | 3.00M | $3.3M |
| 3 | Indiana Finance Authority | — | 1.03% | 3.00M | $3.3M |
| 4 | State Of California | — | 1.01% | 2.91M | $3.2M |
| 5 | Southeast Energy Authority A Cooperativ | — | 0.95% | 3.00M | $3.0M |
| 6 | Commonwealth Of Massachusetts | — | 0.93% | 2.67M | $3.0M |
| 7 | State Of New Jersey | — | 0.89% | 3.00M | $2.8M |
| 8 | State Of California | — | 0.86% | 2.50M | $2.7M |
| 9 | Kansas Development Finance Authority | — | 0.84% | 2.45M | $2.7M |
| 10 | New York City Housing Development Corp | — | 0.81% | 2.50M | $2.6M |
| 11 | Commonwealth Of Massachusetts | — | 0.79% | 2.25M | $2.5M |
| 12 | California Statewide Communities Develo | — | 0.75% | 2.50M | $2.4M |
| 13 | Black Belt Energy Gas District | — | 0.70% | 2.20M | $2.2M |
| 14 | Massachusetts Water Resources Authority | — | 0.69% | 2.00M | $2.2M |
| 15 | Colorado Health Facilities Authority | — | 0.69% | 2.00M | $2.2M |
| 16 | Georgia State Road & Tollway Authority | — | 0.68% | 2.00M | $2.2M |
| 17 | Main Street Natural Gas Inc | — | 0.68% | 2.00M | $2.2M |
| 18 | State Of Connecticut | — | 0.68% | 2.20M | $2.2M |
| 19 | State Of Maryland | — | 0.68% | 2.00M | $2.1M |
| 20 | Main Street Natural Gas Inc | — | 0.67% | 2.00M | $2.1M |
| 21 | County Of King Wa | — | 0.67% | 2.11M | $2.1M |
| 22 | Tennessee Energy Acquisition Corp | — | 0.66% | 2.00M | $2.1M |
| 23 | City & County Of Honolulu Hi | — | 0.66% | 1.93M | $2.1M |
| 24 | California Community Choice Financing A | — | 0.66% | 2.00M | $2.1M |
| 25 | Texas Water Development Board | — | 0.66% | 2.00M | $2.1M |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 2.78% | Paid (last 12 months) | $0.4799 |
| Frequency | Monthly | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Aug 03, 2026 | Last payment | $0.0435 (Aug 06, 2026) |
| Growth 1Y | +8.97% | Growth 3Y / 5Y (ann.) | +20.39% / +15.85% |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Aug 03, 2026 | Aug 03, 2026 | Aug 06, 2026 | $0.0435 |
| Jul 01, 2026 | Jul 01, 2026 | Jul 07, 2026 | $0.0467 |
| Jun 01, 2026 | Jun 01, 2026 | Jun 04, 2026 | $0.0356 |
| May 01, 2026 | May 01, 2026 | May 06, 2026 | $0.0387 |
| Apr 01, 2026 | Apr 01, 2026 | Apr 07, 2026 | $0.0458 |
| Mar 02, 2026 | Mar 02, 2026 | Mar 05, 2026 | $0.0356 |
| Feb 02, 2026 | Feb 02, 2026 | Feb 05, 2026 | $0.0398 |
| Dec 29, 2025 | Dec 29, 2025 | Dec 31, 2025 | $0.0405 |
| Nov 28, 2025 | Nov 28, 2025 | Dec 03, 2025 | $0.0372 |
| Nov 03, 2025 | Nov 03, 2025 | Nov 06, 2025 | $0.0405 |
| Oct 01, 2025 | Oct 01, 2025 | Oct 06, 2025 | $0.0371 |
| Sep 02, 2025 | Sep 02, 2025 | Sep 05, 2025 | $0.0389 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 1.65% / 2.21% | Sharpe 1Y / 3Y | -0.799 / -0.037 |
| Max drawdown 1Y / 3Y | -1.16% / -1.81% | Sortino 1Y | -1.12 |
| Beta vs S&P 500 (3Y) | 0.009 | Correlation vs S&P 500 (1Y) | 0.164 |
| Downside deviation 1Y | 1.17% | Risk-free rate used | 3.72% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 26, 2026. Formulas →
Liquidity
| Volume today | 19.84K | Average volume | 67.06K |
| AUM | $318.1M | Premium/Discount | +0.06% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $160.1K | +0.05% | $318.0M → $318.1M |
| 1 Week | $991.7K | +0.31% | $317.1M → $318.1M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for SMB
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.