Expense Ratio
The annual fee the ETF charges, deducted daily from NAV. A 0.05% ratio costs you $5/year per $10,000 invested, over 30 years that's the difference between a great fund and a mediocre one.
Learn more →Under normal circumstances, SSGA Funds Management, Inc. (the “Adviser” or “SSGA FM”) invests at least 80% of the fund’s net assets (plus borrowings for investment purposes) in investments the income of which is exempt from regular federal income tax. The fund primarily invests in municipal bonds maturing in the year 2027, which may include bonds with embedded issuer call options falling within that year. The fund is non-diversified.
Historically, Nov has averaged the highest return (+0.4%); Mar the lowest (-0.7%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.4%Neutral MonthJan 2026: +0.45% | +0.2%Neutral MonthFeb 2026: +0.20% | -0.5%Neutral MonthMar 2026: -0.52% | +0.1%Neutral MonthApr 2026: +0.08% | -0.2%Neutral MonthMay 2026: -0.22% | -0.3%Neutral MonthJun 2026: -0.26% | -0.2%Neutral MonthJul 2026: -0.23% | +0.1%*Neutral MonthAug 2026: +0.14% | — | — | — | — |
| 2025 | +0.3%Neutral MonthJan 2025: +0.28% | +0.3%Neutral MonthFeb 2025: +0.32% | -0.9%Neutral MonthMar 2025: -0.90% | -1.0%Neutral MonthApr 2025: -0.99% | +0.3%Neutral MonthMay 2025: +0.27% | +0.3%Neutral MonthJun 2025: +0.26% | -0.1%Neutral MonthJul 2025: -0.10% | +0.5%Neutral MonthAug 2025: +0.49% | +0.1%Neutral MonthSep 2025: +0.14% | -0.1%Neutral MonthOct 2025: -0.08% | +0.1%Neutral MonthNov 2025: +0.10% | -0.2%Neutral MonthDec 2025: -0.20% |
| 2024 | — | — | — | — | — | — | — | — | — | -0.6%Neutral MonthOct 2024: -0.64% | +0.7%Neutral MonthNov 2024: +0.70% | -1.0%Neutral MonthDec 2024: -0.98% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 3 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
| YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|
| -0.36% | -0.26% | - | - |
Net expense ratio reflects fee waivers and reimbursements actually paid by investors. Gross is the full management cost.
Rule-based from financial data. Not advice.
The Weight column shows how much of the ETF's assets sit in each constituent. The Allocation bar scales each weight to the largest position so you can see relative concentration at a glance, and the Cumul. column tracks the running total, a fast read on how top-heavy this ETF is. The top 10 holdings account for 29.8% of assets. Click any constituent name to open its US stock detail page.
📖 Learn: Diversification & Asset Allocation →| # | Holding | Sector | Allocation | Weight | Cumul. |
|---|---|---|---|---|---|
| 1 | FRANKLIN CNTY WA SCH DIST 1 P FRASCD 12/29 FIXED 5FRANKLIN CNTY WA SCH DIST 1 P FRASCD 12/29 FIXED 5 | Fixed Income / Cash | 4.20% | 4.2% | |
| 2 | TRIBOROUGH NY BRIDGE TUNNEL TRBTRN 11/33 FIXED 5TRIBOROUGH NY BRIDGE TUNNEL TRBTRN 11/33 FIXED 5 | Fixed Income / Cash | 4.14% | 8.3% | |
| 3 | HANCOCK MI PUBLIC SCHS HANSCD 05/27 FIXED 5HANCOCK MI PUBLIC SCHS HANSCD 05/27 FIXED 5 | Fixed Income / Cash | 3.93% | 12.3% | |
| 4 | TRINITY RIVER TX AUTH REGL WST TRIUTL 08/26 FIXED 5TRINITY RIVER TX AUTH REGL WST TRIUTL 08/26 FIXED 5 | Fixed Income / Cash | 2.80% | 15.1% | |
| 5 | CONNECTICUT ST SPL TAX OBLIG R CTSGEN 09/27 FIXED 5CONNECTICUT ST SPL TAX OBLIG R CTSGEN 09/27 FIXED 5 | Fixed Income / Cash | 2.70% | 17.8% | |
| 6 | GREEN BAY WI AREA PUBLIC SCH D GRESCD 04/27 FIXED 5GREEN BAY WI AREA PUBLIC SCH D GRESCD 04/27 FIXED 5 | Fixed Income / Cash | 2.59% | 20.4% | |
| 7 | ELK GROVE VLG IL ELK 01/36 FIXED 5ELK GROVE VLG IL ELK 01/36 FIXED 5 | Fixed Income / Cash | 2.46% | 22.8% | |
| 8 | VIRGINIA ST PUBLIC BLDG AUTH P VASFAC 08/27 FIXED 5VIRGINIA ST PUBLIC BLDG AUTH P VASFAC 08/27 FIXED 5 | Fixed Income / Cash | 2.35% | 25.2% | |
| 9 | NORTH CAROLINA ST TURNPIKE AUT NCSTRN 01/32 FIXED 5NORTH CAROLINA ST TURNPIKE AUT NCSTRN 01/32 FIXED 5 | Fixed Income / Cash | 2.31% | 27.5% | |
| 10 | MET GOVT NASHVILLE DAVIDSON MET 01/27 FIXED 5MET GOVT NASHVILLE DAVIDSON MET 01/27 FIXED 5 | Fixed Income / Cash | 2.29% | 29.8% | |
| 11 | VLY PARK MO FIRE PROT DIST VALFAC 03/37 FIXED 4VLY PARK MO FIRE PROT DIST VALFAC 03/37 FIXED 4 | Fixed Income / Cash | 2.29% | 32.0% | |
| 12 | W VIRGINIA ST COMMISSIONER OF WVSTRN 09/28 FIXED 5W VIRGINIA ST COMMISSIONER OF WVSTRN 09/28 FIXED 5 | Fixed Income / Cash | 2.09% | 34.1% | |
| 13 | IOWA ST BRD REGENTS HOSP REVEN IASMED 09/27 FIXED 5IOWA ST BRD REGENTS HOSP REVEN IASMED 09/27 FIXED 5 | Fixed Income / Cash | 2.09% | 36.2% | |
| 14 | ROSEMONT IL ROS 12/46 FIXED 5ROSEMONT IL ROS 12/46 FIXED 5 | Fixed Income / Cash | 2.08% | 38.3% | |
| 15 | BUILD NYC RESOURCE CORP NY REV BUIGEN 08/30 FIXED 5BUILD NYC RESOURCE CORP NY REV BUIGEN 08/30 FIXED 5 | Fixed Income / Cash | 2.04% | 40.3% | |
| 16 | MARYLAND ST DEPT OF TRANSPRTN MDSTRN 11/27 FIXED 5MARYLAND ST DEPT OF TRANSPRTN MDSTRN 11/27 FIXED 5 | Fixed Income / Cash | 1.94% | 42.3% | |
| 17 | MAINE ST MES 06/27 FIXED 5MAINE ST MES 06/27 FIXED 5 | Fixed Income / Cash | 1.87% | 44.1% | |
| 18 | PENNSYLVANIA ST TURNPIKE COMMI PASTRN 12/42 FIXED 5PENNSYLVANIA ST TURNPIKE COMMI PASTRN 12/42 FIXED 5 | Fixed Income / Cash | 1.81% | 45.9% | |
| 19 | COLORADO ST BRD OF GOVERNORS U COSHGR 03/27 FIXED 5COLORADO ST BRD OF GOVERNORS U COSHGR 03/27 FIXED 5 | Fixed Income / Cash | 1.81% | 47.8% | |
| 20 | OHIO ST HGR EDUCTNL FAC COMMIS OHSEDU 07/34 FIXED 5OHIO ST HGR EDUCTNL FAC COMMIS OHSEDU 07/34 FIXED 5 | Fixed Income / Cash | 1.80% | 49.6% | |
| Total (top 20) | 49.6% | ||||
The annual fee the ETF charges, deducted daily from NAV. A 0.05% ratio costs you $5/year per $10,000 invested, over 30 years that's the difference between a great fund and a mediocre one.
Learn more →Total money the ETF manages. Larger AUM usually means tighter bid-ask spreads and lower closure risk. ETFs under $50M are sometimes liquidated by the issuer.
Learn more →Net Asset Value, the per-share value of everything the ETF owns minus what it owes, calculated end-of-day. The trading price can drift slightly above (premium) or below (discount) NAV during the day.
Learn more →How closely the ETF's returns match its benchmark. Index ETFs aim for near-zero tracking error; high tracking error in an index fund usually signals fees, sampling, or poor management.
Learn more →Capital gain + reinvested dividends. The headline price chart only shows the price part, total return is what you actually pocket, and is the only fair way to compare ETFs across asset classes.
Learn more →Under normal circumstances, SSGA Funds Management, Inc. (the “Adviser” or “SSGA FM”) invests at least 80% of the fund’s net assets (plus borrowings for investment purposes) in investments the income of which is exempt from regular federal income tax. The fund primarily invests in municipal bonds maturing in the year 2027, which may include bonds with embedded issuer call options falling within that year. The fund is non-diversified.
US ETF data is for educational purposes only. Past performance does not guarantee future returns. Exchange-traded funds carry market risk and may lose value. Read the prospectus and consult a registered investment advisor before investing. Equiscale does not provide investment advice.