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ETFs

VanEck CEF Muni Income ETF

XMPT
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Jul 12 2011
Expense Ratio
1.81%
Type
US Closed End Funds
Fund Owner
Van Eck Associates Corporation
Volume (1m avg. daily)
$1,603,891
AUM
$190,102,500
Associated Index
S-Network Municipal Bond Closed-End Fund Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

NAD
NUVEEN QUAL MUNI INCOME FD
7.93%
NEA
NUVEEN AMT-FR QLTY MUNI INC
7.87%
NVG
Nuveen AMT-Free Municipal Credit Income Fund
7.76%
NZF
NUVEEN MUNI CREDIT INC FD
6.45%
NUV
NUVEEN MUNI VALUE FD
4.63%
BTT
Blackrock Municipal 2030 Target Term Tr
3.95%
MUI
BLACKROCK MUNICIPAL INCOME
3.09%
MQY
BLACKROCK MUNIYIELD QUALITY
2.80%
MYI
BLACKROCK MUNIYIELD QLTY III
2.49%
EIM
EATON VANCE MUNICIPAL BOND
2.41%
Invest with XMPT

What is XMPT?

The VanEck CEF Municipal Income ETF (XMPT) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the S-Network Municipal Bond Closed-End Fund Index (CEFMX). CEFMX is composed of shares of municipal closed-end funds listed in the United States that are principally engaged in asset management processes designed to produce federally tax exempt annual yield.

ETFs related toXMPT

ETFs correlated to XMPT include MUB, VTEB, SCMB

XMPT
VanEck ETF Trust - VanEck CEF Muni Income ETF
MUB
BlackRock Institutional Trust Company N.A. - iShares National Muni Bond ETF
VTEB
Vanguard Group, Inc. - Vanguard Tax-Exempt Bond ETF
SCMB
Schwab Strategic Trust - Schwab Municipal Bond ETF
ITM
VanEck ETF Trust - VanEck Intermediate Muni ETF
TFI
SPDR Series Trust - SPDR Nuveen Bloomberg Municipal Bond ETF
NYF
BlackRock Institutional Trust Company N.A. - iShares New York Muni Bond ETF
MMIN
IndexIQ Active ETF Trust - IQ MacKay Municipal Insured ETF
CMF
BlackRock Institutional Trust Company N.A. - iShares California Muni Bond ETF
FMB
First Trust Exchange-Traded Fund III - First Trust Managed Municipal ETF
TAXF
American Century ETF Trust - American Century Diversified Municipal Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

XMPT is a US Closed End Funds ETF. The VanEck CEF Municipal Income ETF (XMPT) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the S-Network Municipal Bond Closed-End Fund Index (CEFMX). CEFMX is composed of shares of municipal closed-end funds listed in the United States that are principally engaged in asset management processes designed to produce federally tax exempt annual yield.

XMPT tracks the S-Network Municipal Bond Closed-End Fund Index.

No, XMPT is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, XMPT is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on XMPT is -0.0297%. This is the percent change in the value of XMPT over the most recent 1-month period. The 3-month return on XMPT is -0.004%. This is the percent change in the value of XMPT over the most recent 3-month period.

The standard deviation of XMPT for the past year is 0.125%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to XMPT include HYD, PZA, and MUNI.

ETFs correlated to XMPT include MUB, VTEB, and SCMB.

ETFs that are inversely correlated to XMPT include SJB, TYO, and PST.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.