SCMB
US Municipal BondSchwab Municipal Bond ETF
Schwab · Tracks ICE AMT-Free Core U.S. National Municipal Index · Inception Oct 11, 2022
Composite score
Based on a 0.030% expense ratio.
Based on $3.98B in net assets.
Top-10 holdings represent 2.3% of net assets.
US Municipal Bond base · ETF wrapper · 3.54% TTM yield.
The composite is a weighted average of the four core sub-scores above (cost, tax efficiency, liquidity, concentration). Missing sub-scores fall back to the per-category median when the category has at least 50% data coverage, so funds without (e.g.) parsed N-PORT holdings aren't accidentally boosted by renormalization. Tracking quality is shown where computable but isn't currently part of the composite weighting. See methodology for formulas, the tracking-quality partial-coverage rationale, and the dimensions we deliberately don't score (methodology v0.5.1).
Use SCMB in our tools
Tool · Cost
Compare SCMB's fee against another fund
Compounds the 0.030% expense ratio against a peer over decades.
Tool · Overlap
Compare SCMB's holdings with peers
Pairwise holdings heatmap, pre-loaded with similar US Municipal Bond funds.
Tool · TLH
Find a tax-loss harvesting partner for SCMB
Ranks every catalog fund by holdings overlap, flags wash-sale risk.
Tool · Placement
Where should this fund live across your accounts?
Asset-location optimizer — places each fund in taxable / tax-deferred / Roth.
Top holdings
| # | Holding | Weight |
|---|---|---|
| 1 | City of New York NY | 0.27% |
| 2 | Commonwealth of Massachusetts | 0.25% |
| 3 | Gwinnett County School District | 0.25% |
| 4 | City of New York NY | 0.24% |
| 5 | Commonwealth of Pennsylvania | 0.23% |
| 6 | Metropolitan Government of Nashville & Davidson County TN | 0.23% |
| 7 | City of New York NY | 0.22% |
| 8 | New York City Transitional Finance Authority Future Tax Secured Revenue | 0.22% |
| 9 | State of California Department of Water Resources | 0.22% |
| 10 | State of Oregon Department of Transportation | 0.21% |
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