Premium Access    ETF Search:   

SPDR Barclays Short Term Municipal Bond ETF (SHM) - ETF





©ETFScreen.com
Volume(000's)


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
Price48.46
Volume272k
Avg Vol911k
RSf12.3
$Vol(21d)24m
52 wk High48.99
52 wk Low47.57
Inception:Oct 2007
(as of 2017-02-24)
Total Returns:
1 day0.2%
5 day0.3%
1 month0.7%
3 month1.0%
6 month-1.0%
9 month-0.1%
1 year-0.2%
 
Compare Funds:
Correlated Group: Fixed Income (View cGroup) (All Groups)




 

Correlated Funds

Most Directly Correlated
iShares S&P National Municipal Bond FundMUB0.62  
SPDR Barclays Municipal Bond ETFTFI0.60  
VanEck Vectors - Intermediate Muni IndexITM0.56  
PowerShares Insured National Municipal Bond PPZA0.56  
Vanguard Tax-Exempt Bond ETFVTEB0.55  
iShares Core U.S. Treasury Bond ETFGOVT0.54  
iShares Barclays 7-10 Year Treasury Bond FundIEF0.53  
ProShares Ultra 7-10 Year TreasuryUST0.52  
VanEck Vectors Long MuniMLN0.52  
iShares Core Total US Bond Mkt ETFAGG0.52  
Least Correlated
PowerShares Glbl S/T Hi Yld Bd ETFPGHY0.00  
Vanguard Mid-Cap ValueVOE0.00  
First Trust NASDAQ CyberSecurity ETFCIBR0.00  
First Trust Enh Short Maturity ETFFTSM0.00  
SPDR Metals & MiningXME0.00  
iShares MSCI USA Index FundEUSA-0.00  
Compass EMP US 500 Enhanced Vlty Wghtd ETFCFO-0.00  
ProShares Russell 2000 Div Growers ETFSMDV-0.00  
SPDR S&P Telecom XTL-0.00  
United States GasolineUGA-0.00  
Most Inversely Correlated
ProShares UltraShort YenYCS-0.38  
WisdomTree Bloomberg US Dllr Bullish ETFUSDU-0.39  
Direxion Daily Regional Banks Bull 3XDPST-0.40  
VelocityShares 3x Inverse Gold ETNDGLD-0.41  
ProShares UltraShort GoldGLL-0.42  
ProShares UltraPro Short 20+ Year Treasury ETFTTT-0.49  
ProShares UltraShort Lehman 20+ TrsyTBT-0.50  
Direxion Daily 20+ Yr Trs Bear 3X SharesTMV-0.50  
ProShares Short 20+ Year TreasuryTBF-0.50  
ProShares UltraShort Lehman 7-10 Yr TrsyPST-0.53  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2017-02-24.
 


Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.








Important Disclaimer: The information provided by ETFScreen.com is strictly for informational purposes and is not to be construed as advice or solicitation to buy or sell any security. The owner of ETFScreen.com assumes no liability resulting from the use of the material contained herein for any purposes, including investment purposes. Privacy Policy Disclaimer/Terms of Use

If you have a comment please contact us. Advertise with us Market Data by:On-Demand Financial Market Data by Xignite