SMI Performance — VanEck HIP Sustainable Muni ETF
Data updated: 2025-07-10
SMI returned +1.20% over one year to Apr 2025. The annualised 3-year return is +1.69%. The fund trailed its Long-Term Municipal Bond category average: $100 invested three years ago grew to $105, against $105 for the category, and to $101 over one year, against $102. Volatility over the past three years was 6.67% a year. In the 12 months to Apr 2025 the fund lost a net $6.9M, and assets reached $11.26M.
SMI Growth of $100
What $100 invested in VanEck HIP Sustainable Muni ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Municipal Bond category average over the same months.
| Period | SMI | Category average |
|---|---|---|
| 1 year (May 2024 – Apr 2025) | $101 | $102 |
| 3 years (May 2022 – Apr 2025) | $105 | $105 |
| Since data start (Sep 2021 – Apr 2025) | $96 | $96 |
SMI Trailing Returns
Total returns to Apr 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +1.20% |
| 3 years (annualised) | +1.69% |
SMI Annual Returns
Calendar-year total returns of VanEck HIP Sustainable Muni ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Apr) | −1.50% |
| 2024 | +1.49% |
| 2023 | +5.26% |
| 2022 | −8.53% |
| 2021 (Sep–Dec) | +0.24% |
SMI 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +0.1% | +0.9% | −1.8% | −0.7% | — | — | — | — | — | — | — | — |
| 2024 | −0.1% | 0.0% | −0.2% | −0.9% | 0.0% | +1.5% | +0.8% | +0.5% | +0.9% | −1.1% | +1.4% | −1.2% |
| 2023 | +2.5% | −2.4% | +2.1% | −0.4% | −0.6% | +1.0% | +0.2% | −1.1% | −2.7% | −1.3% | +6.1% | +2.1% |
| 2022 | −2.4% | −0.4% | −3.1% | −2.8% | +1.4% | −1.8% | +2.4% | −2.5% | −3.2% | −0.8% | +4.3% | +0.3% |
| 2021 | — | — | — | — | — | — | — | — | −0.6% | −0.1% | +0.8% | +0.2% |
SMI Risk
Risk measures from monthly returns over May 2022 – Apr 2025.
- 3-year volatility (annualised): 6.67%
- 3-year Sharpe ratio: -0.42 (vs 4.5% risk-free rate)
- Best month: +6.10% (Nov 2023)
- Worst month: −3.20% (Sep 2022)
SMI Fund Flows
Monthly money in and out of VanEck HIP Sustainable Muni ETF, from SEC Form N-PORT.
- 12-month net flow: −$6.9M
- 12-month gross sales (incl. reinvestments): $0
- Sales ÷ redemptions: 0.00×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Apr 2025 | $0 | $0 | $0 |
| Mar 2025 | $0 | $0 | $0 |
| Feb 2025 | $0 | $0 | $0 |
| Jan 2025 | $0 | $0 | $0 |
| Dec 2024 | $0 | $0 | $0 |
| Nov 2024 | $0 | $0 | $0 |
| Oct 2024 | $0 | $0 | $0 |
| Sep 2024 | $0 | $0 | $0 |
| Aug 2024 | $0 | $0 | $0 |
| Jul 2024 | $0 | $0 | $0 |
| Jun 2024 | $0 | $0 | $0 |
| May 2024 | $0 | $6.9M | −$6.9M |
SMI Assets Under Management
Net assets of VanEck HIP Sustainable Muni ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-04-30 | $11.26M |
| 2025-01-31 | $11.53M |
| 2024-10-31 | $11.57M |
| 2024-07-31 | $11.62M |
| 2024-04-30 | $18.29M |
| 2024-01-31 | $18.62M |
| 2023-10-31 | $17.28M |
| 2023-07-31 | $18.32M |
| 2023-04-30 | $18.32M |
| 2023-01-31 | $18.53M |
| 2022-10-31 | $17.35M |
| 2022-07-31 | $16.26M |
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.