SCMB Performance — Schwab Municipal Bond ETF
Data updated: 2026-08-25
SCMB returned +1.94% year to date and +6.50% over one year to Jun 2026. The annualised 3-year return is +3.38%. Against its Intermediate Municipal Bond category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $111, against $111 for the category, and to $106 over one year, against $106. Volatility over the past three years was 5.35% a year. In the 12 months to Jun 2026 the fund took in a net $1.9B, and assets reached $3.98B.
SCMB Growth of $100
What $100 invested in Schwab Municipal Bond ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | SCMB | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $106 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $111 | $111 |
| Since data start (Oct 2022 – Jun 2026) | $117 | $117 |
SCMB Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.94% |
| 1 year | +6.50% |
| 3 years (annualised) | +3.38% |
SCMB Annual Returns
Calendar-year total returns of Schwab Municipal Bond ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.94% |
| 2025 | +3.70% |
| 2024 | +1.14% |
| 2023 | +5.89% |
| 2022 (Oct–Dec) | +2.93% |
SCMB Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.7% | +1.2% | −2.3% | +1.1% | +0.4% | +0.8% | — | — | — | — | — | — |
| 2025 | +0.2% | +1.0% | −1.8% | −0.6% | −0.2% | +0.7% | −0.3% | +0.9% | +2.3% | +1.1% | +0.2% | +0.2% |
| 2024 | −0.2% | 0.0% | −0.2% | −1.1% | −0.3% | +1.5% | +0.8% | +0.8% | +1.0% | −1.4% | +1.6% | −1.2% |
| 2023 | +2.7% | −2.4% | +2.3% | −0.3% | −0.7% | +0.9% | +0.2% | −1.1% | −2.7% | −1.1% | +6.1% | +2.2% |
| 2022 | — | — | — | — | — | — | — | — | — | −1.7% | +4.8% | 0.0% |
SCMB Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 5.35%
- 3-year Sharpe ratio: -0.21 (vs 4.5% risk-free rate)
- Best month: +6.09% (Nov 2023)
- Worst month: −2.73% (Sep 2023)
SCMB Fund Flows
Monthly money in and out of Schwab Municipal Bond ETF, from SEC Form N-PORT.
- 12-month net flow: $1.9B
- 12-month gross sales (incl. reinvestments): $2.1B
- Sales ÷ redemptions: 10.92×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $110.7M | $20.5M | $90.1M |
| May 2026 | $199.7M | $0 | $199.7M |
| Apr 2026 | $113.1M | $12.8M | $100.2M |
| Mar 2026 | $77.5M | $112.7M | −$35.2M |
| Feb 2026 | $145.7M | $0 | $145.7M |
| Jan 2026 | $716.5M | $0 | $716.5M |
| Dec 2025 | $177.4M | $0 | $177.4M |
| Nov 2025 | $85.1M | $0 | $85.1M |
| Oct 2025 | $87.6M | $0 | $87.6M |
| Sep 2025 | $88.9M | $0 | $88.9M |
| Aug 2025 | $120.4M | $0 | $120.4M |
| Jul 2025 | $137.8M | $42.5M | $95.3M |
SCMB Assets Under Management
Net assets of Schwab Municipal Bond ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $3.98B |
| 2026-03-31 | $3.54B |
| 2025-12-31 | $2.75B |
| 2025-09-30 | $2.39B |
| 2025-06-30 | $2.04B |
| 2025-03-31 | $605.93M |
| 2024-12-31 | $487.79M |
| 2024-09-30 | $398.47M |
| 2024-06-30 | $347.84M |
| 2024-03-31 | $306.48M |
| 2023-12-31 | $246.62M |
| 2023-09-30 | $155.81M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.