Skip to Content
ETFs

SPDR Nuveen Municipal Bond ETF

MBND
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 03 2021
Expense Ratio
0.40%
Type
US Bonds
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$107,894
AUM
$43,432,004
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
NJSDEV 5.000 06/15/31
2.49%
n/a
SOUSCD 5.000 05/01/46
2.43%
n/a
FLSTRN 5.000 07/01/25
2.38%
n/a
NYC 4.000 08/01/37
2.27%
n/a
MFDMED 5.000 08/15/32
2.22%
n/a
HIS 5.000 10/01/27
2.19%
n/a
NMSMED 4.000 08/01/39
2.17%
n/a
ILSTRN 5.000 01/01/36
2.10%
n/a
PLASCD 3.000 03/01/32
2.10%
n/a
LASFAC 5.000 07/01/39
1.97%
Invest with MBND

What is MBND?

SPDR Nuveen Municipal Bond ETF is actively managed by Nuveen, a municipal bond manager experienced in identifying opportunities and mitigating risks in municipal bond investing. It seeks to provide broad exposure to municipal bonds that pay income exempt from federal income taxes.

ETFs related toMBND

ETFs correlated to MBND include SCMB, JMUB, FMB

MBND
SPDR Series Trust - SPDR Nuveen Municipal Bond ETF
SCMB
Schwab Strategic Trust - Schwab Municipal Bond ETF
JMUB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Municipal ETF
FMB
First Trust Exchange-Traded Fund III - First Trust Managed Municipal ETF
VTEB
Vanguard Group, Inc. - Vanguard Tax-Exempt Bond ETF
MUNI
Pimco Exchange Traded Fund - PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MMIN
IndexIQ Active ETF Trust - IQ MacKay Municipal Insured ETF
TAXF
American Century ETF Trust - American Century Diversified Municipal Bond ETF
CMF
BlackRock Institutional Trust Company N.A. - iShares California Muni Bond ETF
CGMU
Capital Group Fixed Income ETF Trust - Capital Group Municipal Income ETF
MMIT
IndexIQ Active ETF Trust - IQ MacKay Municipal Intermediate ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toMBND

#PTAC

Pick the Trending Asset Class

Category

Momentum, Tactical Asset Allocation, Be Risk Aware, Ride the Momentum

Risk Rating

Moderate

#DGE

Diversify with Global Exposure

Category

Momentum, Tactical Asset Allocation, Go Global, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with MBND using Composer

FAQ

MBND is a US Bonds ETF. SPDR Nuveen Municipal Bond ETF is actively managed by Nuveen, a municipal bond manager experienced in identifying opportunities and mitigating risks in municipal bond investing. It seeks to provide broad exposure to municipal bonds that pay income exempt from federal income taxes.

Yes, MBND is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, MBND is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on MBND is -0.0114%. This is the percent change in the value of MBND over the most recent 1-month period. The 3-month return on MBND is -0.0216%. This is the percent change in the value of MBND over the most recent 3-month period.

The standard deviation of MBND for the past year is 0.0344%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to MBND include SUB, HYD, and MUB.

ETFs correlated to MBND include SCMB, JMUB, and FMB.

ETFs that are inversely correlated to MBND include TTT, TBT, and TMV.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.