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SCMB vs WTMU

Schwab Municipal Bond ETF

SCMBANYSE Arca

WisdomTree Core Laddered Municipal Fund

WTMUBNasdaq

Overlap

No data

Expense ratio

SCMB −0.22pt a year

SCMB0.03%WTMU0.25%

Avg volume · 30D

SCMB 3691.9×the volume

SCMB3.28MWTMU888

SCMB vs WTMU Performance

Oct 31, 2025 – Oct 30, 2026

−0.6%SCMB−0.2%WTMU

Oct 31, 2025 to Oct 30, 2026. SCMB −0.6%. WTMU −0.2%. Use the arrow keys to read each point.−4%−2%2%Oct 2025Apr 2026Oct 2026
Expense ratio
SCMB 0.03%, better
WTMU 0.25%
Fund size
SCMB $4.07B
WTMU $9M
1Y total return
SCMB −0.6%
WTMU −0.2%, better
Yield (12M)
SCMB 3.70%, better
WTMU 3.25%
Holdings
SCMB 8203
WTMU 90
Avg volume (30D)
SCMB 3.28M sh, better
WTMU 888 sh
NAV per share
SCMB $24.87
WTMU $25.03
52W range

ETF.net Grade

SCMB: Cost 99, Risk 57, Mission 96, Tradability 82, Holdings 81, Durability 72. WTMU: Cost 70, Risk 49, Mission 71, Tradability 41, Holdings 43, Durability 18.
Pillar letters and Scores for SCMB, WTMU, with each pillar’s weight
PillarSCMBWTMU
Cost30% weightA99HigherA70
Mission25% weightA96HigherA71
Risk15% weightB57HigherC49
Tradability15% weightA82HigherC41
Holdings10% weightA81HigherC43
Durability5% weightA72HigherF18

Rank among Other Municipal Bond funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. SCMB and WTMU are both graded against the same 63 Other Municipal Bond funds, so their Grades compare head to head.

Other Municipal Bond⁠

Category · 63 funds
See all 63 ›

SCMB ranks 2nd and WTMU 33rd of 63 funds in the Other Municipal Bond Category.

  1. Rank 1AVTEBVanguard Tax-Exempt Bond ETFScore 88
  2. Rank 2AMUBiShares National Muni Bond ETFScore 86
  3. Rank 2ASCMBSchwab Municipal Bond ETFScore 86
  4. Rank 4AVCRMVanguard Core Tax-Exempt Bond EScore 85
  5. Rank 33BRVNUXtrackers Municipal Infrastructure Revenue Bond Active ETFScore 57
  6. Rank 33BWTMUWisdomTree Core Laddered Municipal FundScore 57
  7. Rank 37BFLMBFranklin Municipal Green Bond ETFScore 55

Our read on each fund

ETF.net Research

SCMBASchwab Municipal Bond ETF

WTMUBWisdomTree Core Laddered Municipal Fund

In short

SCMB Schwab'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.

WTMU No data

Stated mandate

SCMB The fund seeks to track, before fees and expenses, the total return of an index representing the U.S. AMT-free municipal bond market.

WTMU No data

Why people hold it

  • SCMB Three basis points a year, against a 0.30% median for muni bond funds. Among the top-graded names in the category, only Vanguard's VTEB matches that fee.
  • Follows the ICE AMT-Free Core U.S. National Municipal Index across thousands of bonds and issuers, so no single borrower or state drives the portfolio.
  • Plain passive plumbing done well: it stays close to its index, trades actively, and pays monthly. One of the stronger implementations in the muni aisle.

WTMU No data

Worth knowing

  • SCMB Launched in 2022, so its live record is shorter than muni staples like MUB and VTEB, even though the strategy is the same broad-market idea.
  • Bond math still applies. This is a portfolio of municipal bonds, so share prices move opposite to interest rates.
  • National in scope, not single-state like NYF, so it is not built around any one state's tax rules.

WTMU No data

Full SCMB profile⁠

Full WTMU profile⁠

SCMB vs WTMU Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

SCMB vs WTMU Cost

Overpaying WTMU vs SCMB

$4,521

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SCMB 0.03%

    $638

  • WTMU 0.25%

    $5,159

$10,000
30 years

Cost over time

  • SCMB 0.03%
  • WTMU 0.25%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K051015202530WTMU $5,159SCMB $638

Year by year

YearSCMBWTMUOverpaying
10$55$455$400
20$216$1,769$1,553
30$638$5,159$4,521

Expense ratio

  • 0.03%SCMB, cheaper
  • 0.25%WTMU
  • Middle half of Other Municipal Bond funds
  • Median 0.30%

SCMB cheapest of 63 funds

WTMU 17th cheapest of 63 funds

SCMB vs WTMU Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
SCMB 3.70%, better
WTMU 3.25%
Payout (12M)
SCMB $0.92
WTMU $0.81
Last payment
SCMB $0.09
WTMU $0.08
Ex-dividend
SCMB Oct 1, 2026
WTMU Oct 27, 2026
Paid on
SCMB Oct 7, 2026
WTMU Oct 29, 2026
Frequency
SCMB Monthly
WTMU Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

SCMBMonthly · 45 paymentsAll SCMB payments⁠
One bar per payment. 45 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.06; Mar 1, 2023 $0.07; Apr 3, 2023 $0.07; May 1, 2023 $0.06; Jun 1, 2023 $0.06; Jul 3, 2023 $0.08; Aug 1, 2023 $0.06; Sep 1, 2023 $0.07; Oct 2, 2023 $0.07; Nov 1, 2023 $0.06; Dec 1, 2023 $0.08; Dec 15, 2023 $0.07; Feb 1, 2024 $0.07; Mar 1, 2024 $0.07; Apr 1, 2024 $0.07; May 1, 2024 $0.07; Jun 3, 2024 $0.08; Jul 1, 2024 $0.07; Aug 1, 2024 $0.07; Sep 3, 2024 $0.08; Oct 1, 2024 $0.07; Nov 1, 2024 $0.08; Dec 2, 2024 $0.07; Dec 20, 2024 $0.06; Feb 3, 2025 $0.08; Mar 3, 2025 $0.07; Apr 1, 2025 $0.06; May 1, 2025 $0.04; Jun 2, 2025 $0.08; Jul 1, 2025 $0.07; Aug 1, 2025 $0.08; Sep 2, 2025 $0.07; Oct 1, 2025 $0.08; Nov 3, 2025 $0.08; Dec 1, 2025 $0.07; Dec 19, 2025 $0.07; Feb 2, 2026 $0.07; Mar 2, 2026 $0.08; Apr 1, 2026 $0.08; May 1, 2026 $0.07; Jun 1, 2026 $0.07; Jul 1, 2026 $0.08; Aug 3, 2026 $0.08; Sep 1, 2026 $0.07; Oct 1, 2026 $0.09. Use the arrow keys to read each point.$0$0.1020232026YTD
WTMUMonthly · 19 paymentsAll WTMU payments⁠
One bar per payment. 19 payments from 2023 to 2026 YTD. Apr 25, 2025 $0.02; May 27, 2025 $0.07; Jun 25, 2025 $0.07; Jul 28, 2025 $0.06; Aug 26, 2025 $0.08; Sep 25, 2025 $0.07; Oct 28, 2025 $0.07; Nov 24, 2025 $0.07; Dec 26, 2025 $0.07; Jan 27, 2026 $0.06; Feb 24, 2026 $0.06; Mar 26, 2026 $0.05; Apr 27, 2026 $0.06; May 26, 2026 $0.07; Jun 25, 2026 $0.09; Jul 28, 2026 $0.09; Aug 26, 2026 $0.07; Sep 25, 2026 $0.07; Oct 27, 2026 $0.08. Use the arrow keys to read each point.$0$0.1020232026YTD

SCMB vs WTMU Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
SCMB 5.9%WTMU 5.1%since May 2025
Return per unit of riskSharpe ratio, 3 years
SCMB −0.04WTMU −0.13since May 2025
Worst fallMax drawdown, 5 years
SCMB −6.7%since Oct 2022WTMU −6.5%since Apr 2025
Market sensitivityBeta, 5 years
SCMB 0.96WTMU 0.13

SCMB and WTMU in the news

All news⁠

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