Schwab Municipal Bond ETF
$24.80+0.03 (+0.10%)
- 0.03%
- $4.07B
- −0.6%
- 3.70%
- 3.28M sh
- low $23.81high $26.20
The ETF.net SCMB Grade
A
Score 86 out of 100
- 2 of 63
Score 86 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A99 out of 100Rank 1 of 63Mission
Whether the fund did what it promised, tested against its stated mandate.A96 out of 100Rank 17 of 59Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B57 out of 100Rank 20 of 63Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A82 out of 100Rank 5 of 63Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A81 out of 100Rank 10 of 63Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A72 out of 100Rank 17 of 63
Our read on SCMB
In short
ASchwab's take on the core muni sleeve: three basis points, thousands of AMT-free bonds from across the country, and a monthly distribution. Bottom-of-the-table pricing, no frills attached.
Stated mandate
The fund seeks to track, before fees and expenses, the total return of an index representing the U.S. AMT-free municipal bond market.
Why people hold it
Worth knowing
SCMB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
SCMB$9,939
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SCMB |
|---|---|
| Year to date | −0.9% |
| 1 month | +3.2% |
| 3 months | −1.0% |
| 1 year | −0.6% |
| 3 years | +4.1% |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SCMB |
|---|---|---|
| 2026 YTD | −0.9% | |
| 2025 | +3.8% | |
| 2024 | +0.9% | |
| 2023 | +5.9% | |
| 2022 | +3.0% |
SCMB in the news
SCMB Dividends
- 3.70%
- $0.92
- $0.09 per share
- Monthly
SCMB Risk
- 5.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.04
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −6.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.96
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
SCMB Cost
Tied cheapest in Other Municipal Bond
$638
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
SCMB 0.03%
$638
Cost over time
Year by year
| Year | SCMB |
|---|---|
| 10 | $55 |
| 20 | $216 |
| 30 | $638 |
Other funds in Other Municipal Bond
- AVTEBVanguard Tax-Exempt Bond ETFExpense ratio 0.03%1 year return +0.1%
- AMUBiShares National Muni Bond ETFExpense ratio 0.05%1 year return +0.1%
- AVCRMVanguard Core Tax-Exempt Bond EExpense ratio 0.12%1 year return +1.1%
- ATFIState Street SPDR Nuveen ICE Municipal Bond ETFExpense ratio 0.23%1 year return −0.4%
- ANYFiShares New York Muni Bond ETFExpense ratio 0.09%1 year return +0.1%
