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Performance analysis of SMB (VANECK SHORT MUNI ETF)

Annual Return

Over the past 3 years, SMB has had an average annual return of +3.62%, underperforming the benchmark SPY, which returned +22.45% annual.

Over the past 5 years, SMB has had an average annual return of +1.17%, underperforming the benchmark SPY, which returned +13.88% annual.

Over the past 10 years, SMB has had an average annual return of +1.51%, underperforming the benchmark SPY, which returned +15.44% annual.

Since Feb 28, 2008, SMB has had an average annual return of +2.03%, underperforming the benchmark SPY, which returned +11.84% annual.

202620252024202320222021202020192018201720162015
+0.55%+4.61%+2.41%+3.14%-4.50%+0.12%+3.30%+4.54%+1.86%+1.16%-0.50%+1.09%
2014201320122011201020092008
+0.98%+0.81%+1.47%+5.49%+1.21%+7.86%+2.14%

Monthly Return

YearJanFebMarAprMayJunJulAugSepOctNovDecAnnually Total
2026+0.05%+0.75%-0.99%+0.24%+0.28%+0.24%+0.55%
2025+0.50%+0.62%-0.45%-0.16%+0.83%+0.75%+0.39%+0.70%+0.52%-0.19%+0.42%+0.61%+4.61%
2024+0.12%-0.05%-0.12%-0.10%-0.20%+0.77%+0.93%+0.89%+0.49%-0.49%+0.62%-0.46%+2.41%
2023+0.95%-1.51%+1.54%-0.59%-0.41%+0.48%+0.23%-0.11%-0.50%-0.05%+2.40%+0.73%+3.14%
2022-2.17%-0.09%-2.13%-1.50%+1.77%+0.04%+0.53%-1.42%-1.51%-0.62%+1.95%+0.67%-4.50%
2021+0.45%-1.00%+0.30%+0.38%+0.04%+0.07%+0.29%-0.07%-0.30%-0.26%+0.07%+0.16%+0.12%
2020+0.73%+0.08%-2.90%+1.36%+2.18%+0.47%+0.62%+0.14%-0.16%-0.03%+0.36%+0.48%+3.30%
2019+0.70%+0.54%+0.53%-0.03%+0.87%+0.36%+0.64%+0.36%-0.60%+0.58%+0.24%+0.27%+4.54%
2018+0.35%-0.23%-0.02%-0.70%+0.88%+0.43%+0.47%-0.22%-0.39%+0.13%+0.54%+0.62%+1.86%
2017+0.87%+0.36%+0.12%+0.33%+0.67%-0.58%+0.79%+0.38%-0.52%+0.10%-1.21%-0.14%+1.16%

Drawdown analysis of SMB (VANECK SHORT MUNI ETF)

The maximum drawdown for the SMB was -12.64%, occurring on Mar 19, 2020. Recovery took 57 trading sessions.

The current SMB drawdown is -0.25%.

Since Feb 28, 2008 SMB has experienced the following drawdowns:

  • 10% or more: 1 time
DepthStartTo BottomBottomTo RecoverEndTotal
-12.64%Mar 9, 20208Mar 19, 202057Jun 10, 202065
-7.49%Jul 20, 2021320Oct 25, 2022456Aug 20, 2024776
-5.58%Sep 11, 200867Dec 16, 200813Jan 6, 200980
-4.10%Aug 2, 201685Dec 1, 2016169Aug 4, 2017254
-4.10%Aug 26, 2010103Jan 24, 201179May 17, 2011182
-4.07%May 1, 201337Jun 24, 2013163Feb 14, 2014200
-3.84%Jan 29, 20093Feb 3, 200976May 22, 200979
-2.46%Aug 30, 2017167May 1, 2018164Dec 24, 2018331
-2.36%Apr 10, 200851Jun 23, 200835Aug 12, 200886
-1.96%Oct 2, 200916Oct 26, 200923Nov 27, 200939
-1.80%Feb 28, 202528Apr 9, 202531May 23, 202559
-1.79%Feb 5, 201585Jun 9, 201591Oct 16, 2015176
-1.62%May 22, 20098Jun 4, 200926Jul 13, 200934
-1.53%Jan 8, 20091Jan 9, 20091Jan 12, 20092
-1.49%Mar 12, 201018Apr 8, 201034May 26, 201052
-1.47%Sep 26, 20119Oct 7, 201157Dec 29, 201166
-1.45%Jan 16, 20097Jan 28, 20091Jan 29, 20098
-1.40%Dec 4, 201210Dec 18, 201219Jan 16, 201329
-1.21%Aug 7, 20096Aug 17, 200918Sep 11, 200924
-1.17%Jul 13, 20091Jul 14, 20099Jul 27, 200910
-1.17%Feb 27, 202617Mar 24, 2026OngoingOngoingOngoing
-1.16%Aug 15, 201921Sep 16, 201961Dec 11, 201982
-1.13%Aug 12, 20111Aug 15, 20114Aug 19, 20115
-1.13%Feb 2, 202118Mar 1, 202198Jul 20, 2021116
-0.98%Feb 22, 201222Mar 23, 201214Apr 13, 201236