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Upturn AI SWOT - About
iShares Short-Term National Muni Bond ETF (SUB)
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Upturn Advisory Summary
09/12/2025: SUB (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 2.64% | Avg. Invested days 42 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/12/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.32 | 52 Weeks Range 102.24 - 106.31 | Updated Date 06/29/2025 |
52 Weeks Range 102.24 - 106.31 | Updated Date 06/29/2025 |
Upturn AI SWOT
iShares Short-Term National Muni Bond ETF
ETF Overview
Overview
The iShares Short-Term National Muni Bond ETF (NEAR) seeks to track the investment results of an index composed of investment-grade U.S. municipal bonds with remaining maturities between one month and five years. It focuses on short-term municipal debt, offering potential tax advantages.
Reputation and Reliability
BlackRock is a leading global asset manager with a strong reputation for ETF innovation and reliability.
Management Expertise
BlackRock's fixed income team possesses extensive experience in managing municipal bond portfolios.
Investment Objective
Goal
To track the investment results of an index composed of investment-grade U.S. municipal bonds with remaining maturities between one month and five years.
Investment Approach and Strategy
Strategy: Tracks the ICE Short Maturity AMT-Free US National Municipal Index.
Composition Primarily holds investment-grade U.S. municipal bonds.
Market Position
Market Share: Data on exact market share is limited and constantly fluctuating. It's a significant player in the short-term municipal bond ETF space.
Total Net Assets (AUM): 675376716
Competitors
Key Competitors
- Invesco VRDO Tax-Free ETF (VRDO)
- SPDR Nuveen Bloomberg Short Term Municipal Bond ETF (SHM)
- VanEck Short Muni ETF (SMB)
Competitive Landscape
The short-term municipal bond ETF market is competitive. NEAR benefits from BlackRock's brand and scale, offering high liquidity. Competitors differentiate through slightly different index tracking or expense ratios. NEAR's large AUM can be an advantage for liquidity.
Financial Performance
Historical Performance: Historical performance varies with interest rate changes. Investors should refer to the fund's official website for up-to-date returns.
Benchmark Comparison: Performance should closely track the ICE Short Maturity AMT-Free US National Municipal Index.
Expense Ratio: 0.07
Liquidity
Average Trading Volume
NEAR exhibits good liquidity, making it easy to buy and sell shares.
Bid-Ask Spread
The bid-ask spread is typically tight, reflecting the fund's high liquidity.
Market Dynamics
Market Environment Factors
Interest rate movements, tax policy changes, and overall economic conditions can influence NEAR's performance.
Growth Trajectory
Growth is driven by demand for tax-advantaged, low-duration fixed income investments. Strategy and holdings remain consistent with its stated objective.
Moat and Competitive Advantages
Competitive Edge
NEAR leverages BlackRock's brand recognition and economies of scale to offer a low-cost, highly liquid short-term municipal bond ETF. Its large AUM provides stability. This fund's narrow focus on tax-exempt income for short-term investors makes it highly sought after. Its adherence to investment-grade bonds minimizes risk and delivers consistent performance.
Risk Analysis
Volatility
NEAR generally exhibits low volatility due to the short-term nature of its holdings.
Market Risk
Interest rate risk is the primary concern, as rising rates can negatively impact bond prices. Credit risk is mitigated by focusing on investment-grade bonds.
Investor Profile
Ideal Investor Profile
Conservative investors seeking tax-advantaged income and capital preservation are suitable investors for NEAR. Investors looking for a low-risk haven with potential tax benefits will also benefit.
Market Risk
NEAR is suited for long-term investors seeking stability, and also for active traders wanting tactical short-term exposure.
Summary
The iShares Short-Term National Muni Bond ETF (NEAR) provides exposure to a basket of investment-grade short-term municipal bonds. As a result, it's a low-volatility tax-efficient income generating fund. This fund can be used in investors' portfolios to add stability. BlackRock's management and large AUM provide liquidity and competitive advantages, though interest rate risk must be considered.
Peer Comparison
Sources and Disclaimers
Data Sources:
- iShares official website
- ETF.com
- Morningstar
- SEC Filings
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Market conditions can change rapidly, and past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About iShares Short-Term National Muni Bond ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund will invest at least 80% of its assets in the component securities of the underlying index, and the fund will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that the advisor believes will help the fund track the underlying index. The underlying index includes municipal bonds, the interest of which is exempt from Federal income taxes and not subject to alternative minimum tax.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.