Performance analysis of NMB (Simplify National Muni Bond ETF)
Annual Return
Since Sep 10, 2024, NMB has had an average annual return of +3.88%, underperforming the benchmark SPY, which returned +19.13% annual.
| 2026 | 2025 | 2024 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +1.32% | +7.98% | -1.90% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.44% | +0.51% | -1.92% | +2.12% | +0.58% | +1.49% | -0.97% | +1.32% | |||||
| 2025 | +1.29% | -2.36% | -4.63% | +8.60% | +0.67% | +2.17% | -4.48% | +1.33% | +5.56% | +2.22% | -0.96% | -0.91% | +7.98% |
| 2024 | +0.88% | -1.88% | +3.72% | -4.44% | -1.90% |
Drawdown analysis of NMB (Simplify National Muni Bond ETF)
The maximum drawdown for the NMB was -13.67%, occurring on Apr 8, 2025. Recovery took 23 trading sessions.
The current NMB drawdown is -1.49%.
Since Sep 10, 2024 NMB has experienced the following drawdowns:
- 10% or more: 1 time
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.67% | Dec 9, 2024 | 81 | Apr 8, 2025 | 23 | May 12, 2025 | 104 |
| -7.26% | May 13, 2025 | 53 | Jul 30, 2025 | 52 | Oct 13, 2025 | 105 |
| -5.50% | Oct 28, 2025 | 100 | Mar 24, 2026 | Ongoing | Ongoing | Ongoing |
| -3.24% | Oct 1, 2024 | 16 | Oct 23, 2024 | 23 | Nov 25, 2024 | 39 |
| -0.57% | Oct 20, 2025 | 3 | Oct 23, 2025 | 1 | Oct 24, 2025 | 4 |
| -0.51% | Oct 13, 2025 | 1 | Oct 14, 2025 | 4 | Oct 20, 2025 | 5 |
| -0.18% | Sep 23, 2024 | 2 | Sep 25, 2024 | 2 | Sep 27, 2024 | 4 |
| -0.17% | Dec 4, 2024 | 1 | Dec 5, 2024 | 1 | Dec 6, 2024 | 2 |
| -0.10% | Sep 27, 2024 | 1 | Sep 30, 2024 | 1 | Oct 1, 2024 | 2 |
| -0.09% | Sep 16, 2024 | 2 | Sep 18, 2024 | 1 | Sep 19, 2024 | 3 |