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:
Price48.17
Volume166k
Avg Vol809k
RSf84.9
$Vol(21d)44m
52 wk High48.25
52 wk Low47.07
Avg.Spread0.023%
Inception:Oct 2007
(as of 2019-01-23)
Total Returns:
1 day-0.0%
5 day0.1%
1 month0.3%
3 month1.7%
6 month0.9%
9 month2.1%
1 year1.4%
 
Compare Funds:
Correlated Group: Fixed Income (View cGroup) (All Groups)




Correlated Funds

Most Directly Correlated
VanEck Vectors - Intermediate Muni IndexITM0.61  
Invesco Insured National Municipal Bond PPZA0.59  
PIMCO 25+ Yr Zero Cpn U.S. Trsy Idx ETFZROZ0.58  
Vanguard Extended Dur Treas IdxEDV0.57  
Vanguard Tax-Exempt Bond ETFVTEB0.57  
ProShares Ultra 20+ Year TreasuryUBT0.56  
SPDR Portfolio Long Term TreasurySPTL0.55  
iShares Barclays 20 Year Treasury Bond FundTLT0.55  
Direxion Daily 20+ Yr Trs Bull 3X SharesTMF0.55  
Vanguard Long-Term Govt Bd Idx ETFVGLT0.55  
Least Correlated
First Trust Enh Short Maturity ETFFTSM0.00  
ProShares UltraShort GoldGLL0.00  
iShares FTSE NAREIT Mortgage REITs Index FundREM0.00  
iShares Short Maturity Bond ETFNEAR-0.00  
First Trust Multi-Asset Diversified Income FundMDIV-0.00  
iShares MSCI Saudi Arabia Capped ETFKSA-0.00  
First Trust North American Energy InfrasEMLP-0.00  
ALPS Alerian Energy Infrastructure ETFENFR-0.00  
ETRACS Monthly Pay 2x Mort REIT ETN Series BMRRL-0.01  
First Trust Pref Securities and IncomeFPE-0.01  
Most Inversely Correlated
Barclays FI Enhanced Glb Hi Yld BFIYY-0.38  
ProShares UltraShort Lehman 7-10 Yr TrsyPST-0.48  
JPMorgan BetaBuilders Europe ETFBBEU-0.49  
Barclays FI Enhanced Europe 50 ETNFFEU-0.50  
Direxion Daily 20+ Yr Trs Bear 3X SharesTMV-0.55  
ProShares UltraShort Lehman 20+ TrsyTBT-0.55  
ProShares Short 20+ Year TreasuryTBF-0.55  
ProShares UltraPro Short 20+ Year Treasury ETFTTT-0.56  
JPMorgan BetaBuilders Japan ETFBBJP-0.58  
First Trust TCW Unconstrained Pls Bd ETFUCON-0.59  
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: 2019-01-18.


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