State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM)
About this ETF
This exchange-traded fund aims to replicate the investment performance, encompassing both price movements and yield generation, of the ICE 1-5 Year AMT-Free Broad Municipal Index, before accounting for any fees or expenses. The underlying index is comprised of a diverse array of municipal debt instruments, including general obligation bonds issued by state and local authorities, revenue bonds, pre-refunded bonds, insured bonds, and municipal lease obligations. Its constituents are weighted based on their market capitalization, and the index is subject to monthly adjustments through rebalancing and reconstitution.
Price
Top 10 holdings
| SEEPWR 5.000 10/01/30 | 0.94% |
| CAS 5.000 10/01/27 | 0.70% |
| NYSGEN 5.000 03/15/29 | 0.62% |
| CAS 5.000 03/01/29 | 0.53% |
| CAS 5.000 09/01/28 | 0.49% |
| CAS 5.000 09/01/28 | 0.46% |
| NYC 5.000 08/01/27 | 0.45% |
| UNVHGR 5.000 05/15/27 | 0.41% |
| TRBTRN 5.000 11/15/28 | 0.41% |
| NYC 5.000 09/01/27 | 0.40% |
Sector mix
Price chart
Returns
| 1 month | +0.04% |
| 3 months | -0.15% |
| 6 months | -0.58% |
| Year to date | -0.27% |
| 1 year | -0.06% |
| 3 years (ann.) | +0.65% |
| 5 years (ann.) | -0.68% |
| 10 years (ann.) | -0.25% |
Risk profile
| Volatility (1y, ann.) | 1.47% |
| Sharpe (1y) | -0.04 |
| Sharpe (3y) | 0.33 |
| Sortino (1y) | -0.04 |
| Max drawdown (1y) | -1.67% |
| Max drawdown (5y) | -7.49% |
| Max drawdown (full) | -11.61% |
| Beta vs S&P 500 (1y) | 0.03 |
| Correlation vs S&P 500 (1y) | 0.23 |
Technical outlook as of 2026-07-13
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Cost vs. peers
Comparison universe: 1,710 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-07-01 | 2026-07-07 | USD 0.1079 |
| 2026-06-01 | 2026-06-04 | USD 0.1046 |
| 2026-05-01 | 2026-05-06 | USD 0.1068 |
| 2026-04-01 | 2026-04-06 | USD 0.1043 |
| 2026-03-02 | 2026-03-05 | USD 0.1121 |
| 2026-02-02 | 2026-02-05 | USD 0.1044 |
| 2025-12-18 | 2025-12-23 | USD 0.1060 |
| 2025-12-01 | 2025-12-04 | USD 0.1083 |
| 2025-11-03 | 2025-11-06 | USD 0.1059 |
| 2025-10-01 | 2025-10-06 | USD 0.1077 |
| 2025-09-02 | 2025-09-05 | USD 0.1060 |
| 2025-08-01 | 2025-08-06 | USD 0.1036 |
| 2025-07-01 | 2025-07-07 | USD 0.1062 |
| 2025-06-02 | 2025-06-05 | USD 0.1013 |
| 2025-05-01 | 2025-05-06 | USD 0.1024 |
| 2025-04-01 | 2025-04-04 | USD 0.0995 |
| 2025-03-03 | 2025-03-06 | USD 0.1060 |
| 2025-02-03 | 2025-02-06 | USD 0.0978 |
| 2024-12-19 | 2024-12-24 | USD 0.0959 |
| 2024-12-02 | 2024-12-05 | USD 0.0976 |
| 2024-11-01 | 2024-11-06 | USD 0.0942 |
| 2024-10-01 | 2024-10-04 | USD 0.0925 |
| 2024-09-03 | 2024-09-06 | USD 0.0879 |
| 2024-08-01 | 2024-08-06 | USD 0.0836 |
| 2024-07-01 | 2024-07-05 | USD 0.0843 |
| 2024-06-03 | 2024-06-06 | USD 0.0753 |
| 2024-05-01 | 2024-05-07 | USD 0.0733 |
| 2024-04-01 | 2024-04-05 | USD 0.0644 |
| 2024-03-01 | 2024-03-07 | USD 0.0689 |
| 2024-02-01 | 2024-02-07 | USD 0.0579 |
| 2023-12-18 | 2023-12-22 | USD 0.0583 |
| 2023-12-01 | 2023-12-07 | USD 0.0602 |
| 2023-11-01 | 2023-11-07 | USD 0.0515 |
| 2023-10-02 | 2023-10-06 | USD 0.0527 |
| 2023-09-01 | 2023-09-08 | USD 0.0461 |
| 2023-08-01 | 2023-08-07 | USD 0.0422 |
| 2023-07-03 | 2023-07-10 | USD 0.0444 |
| 2023-06-01 | 2023-06-07 | USD 0.0383 |
| 2023-05-01 | 2023-05-05 | USD 0.0409 |
| 2023-04-03 | 2023-04-10 | USD 0.0351 |
Splits
| 2016-03-15 | 1:2 |
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Scored coverage: 0.0% of the portfolio by weight.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 4.01% | -0.82% | -0.19 |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 4.03% | -0.76% | -0.17 |
| Vanguard Total International Bond ETF BNDX | 0.07% | 122.00B | 4.52% | -2.72% | -0.64 |
| iShares 0-3 Month Treasury Bond ETF SGOV | 0.09% | 97.69B | 3.80% | +0.05% | 0.05 |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 4.16% | -0.54% | -0.18 |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 4.02% | -1.02% | -0.48 |
| Vanguard Intermediate-Term Corporate Bond ETF VCIT | 0.03% | 68.70B | 4.86% | -1.04% | -0.22 |
| Vanguard Intermediate-Term Bond ETF BIV | 0.03% | 52.20B | 4.27% | -1.28% | -0.28 |
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 4.47% | -0.85% | -0.36 |
| Vanguard Intermediate-Term Treasury ETF VGIT | 0.03% | 49.50B | 3.89% | -1.50% | -0.41 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 0.0% |
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 0.0% |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 0.0% |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 0.0% |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 0.0% |

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