VanEck Short Muni ETF (SMB)
- Expense ratio0.07%
- Net assets$387.0M
- Dividend yield2.86%
- 1-year return+2.06%
- Holdings10
SMB ETF price chart
SMB quote & trading statistics
SMB performance
Annual returns & drawdowns →- YTD+0.87%
- 1 year+2.06%
- 3 years+3.59%/yr
- 5 years+1.33%/yr
- 10 years+1.55%/yr
- 1Y volatility
- 2.47%
- 3Y volatility
- 2.34%
- 3Y Sharpe ratio
- -0.68
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
SMB top 10 holdings
| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | 1.10% | |
| 2 | MARYLAND ST 5% | 1.04% | |
| 3 | CENTRAL PLAINS ENERGY PROJ NEB GAS SUPPLY REV 4% | 0.75% | |
| 4 | NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV 5% | 0.70% | |
| 5 | CONROE TEX INDPT SCH DIST 5% | 0.68% | |
| 6 | TENNESSEE ENERGY ACQUISITION CORP GAS REV 4% | 0.64% | |
| 7 | PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 4% | 0.64% | |
| 8 | GEORGIA ST 5% | 0.59% | |
| 9 | PEFA INC IOWA GAS PROJ REV 5% | 0.59% | |
| 10 | CALIFORNIA ST 5% | 0.58% |
The top 10 holdings make up 7.3% of the fund (10 holdings in total). As of October 25, 2026.
SMB bond portfolio
Rate scenarios & peers →- Yield to maturity
- 4.18%
- Effective duration
- 2.77 yrs
- Average maturity
- 3.6 yrs
- Average coupon
- 4.53%
A one-percentage-point rise in interest rates would lower the price by about 2.8%.
About VanEck Short Muni ETF
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.S. dollar denominated short-term tax-exempt bond market.
SMB ETF FAQ
What is the SMB expense ratio?
VanEck Short Muni ETF has a net expense ratio of 0.07%, or $7.00 a year for every $10,000 invested.
How much money is in SMB?
VanEck Short Muni ETF has about $387.0M in net assets.
What are the top holdings of SMB?
The largest positions in SMB are MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% (1.10%), MARYLAND ST 5% (1.04%), CENTRAL PLAINS ENERGY PROJ NEB GAS SUPPLY REV 4% (0.75%). The fund holds 10 securities in total.
How has SMB performed?
SMB returned +2.06% over the past year and +1.33% a year over the past five years, including reinvested distributions.
Does SMB pay dividends?
SMB has a dividend yield of 2.86% and pays distributions monthly.
When was SMB launched?
VanEck Short Muni ETF began trading on February 22, 2008.