Largest Broad Municipals ETFs Companies

Market CapitalizationEfficiencyMarket RiskExp Return
1SMI VanEck Vectors ETF
50.88 B
(0.03)
 0.25 
(0.01)
2MFLX First Trust Flexible
593.52 M
 0.02 
 0.38 
 0.01 
3MUB iShares National Muni
526.98 M
(0.02)
 0.23 
 0.00 
4VTEB Vanguard Tax Exempt Bond
268.26 M
(0.01)
 0.22 
 0.00 
5FCAL First Trust California
248.13 M
 0.00 
 0.29 
 0.00 
6SUB iShares Short Term National
51.75 M
 0.14 
 0.08 
 0.01 
7MBND SPDR Nuveen Municipal
35.71 M
 0.02 
 0.20 
 0.00 
8TFI SPDR Nuveen Bloomberg
34.7 M
(0.01)
 0.23 
 0.00 
9CMF iShares California Muni
26.9 M
(0.07)
 0.21 
(0.01)
10PZA Invesco National AMT Free
23.25 M
(0.05)
 0.33 
(0.02)
11SHM SPDR Nuveen Bloomberg
9.1 M
 0.16 
 0.09 
 0.01 
12MUNI PIMCO Intermediate Municipal
8.91 M
 0.04 
 0.21 
 0.01 
13MLN VanEck Long Muni
7.41 M
(0.07)
 0.36 
(0.03)
14CGMU Capital Group Municipal
6.09 M
 0.06 
 0.17 
 0.01 
15FMB First Trust Managed
5.19 M
 0.02 
 0.21 
 0.00 
16MEAR iShares Short Maturity
5.04 M
 0.22 
 0.07 
 0.02 
17VTES Vanguard Short Term Tax Exempt
4.76 M
 0.15 
 0.09 
 0.01 
18FLMI Franklin Liberty Intermediate
4.33 M
 0.06 
 0.26 
 0.02 
19PWZ Invesco California AMT Free
3.92 M
(0.08)
 0.40 
(0.03)
20NYF iShares New York
3.05 M
(0.02)
 0.25 
 0.00 
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares. In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.