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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)
$858,663
AUM
$194,043,750
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

NVG
Nuveen AMT-Free Municipal Credit Income
8.03%
NAD
Nuveen Quality Municipal Income Fund
8.01%
NZF
Nuveen Municipal Credit Income Fund
7.91%
NEA
Nuveen AMT-Free Quality Municipal Incom
7.85%
NUV
Nuveen Municipal Value Fund Inc
4.42%
BTT
Blackrock Municipal 2030 Target Term Tr
3.96%
MQY
Blackrock Muniyield Quality Fund Inc
2.79%
MUI
Blackrock Municipal Income Fund Inc
2.78%
NMZ
Nuveen Municipal High Income Opportunit
2.51%
MYI
Blackrock Muniyield Quality Fund Iii In
2.43%
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, SCMB, HYD

XMPT
VanEck ETF Trust - VanEck CEF Muni Income ETF
MUB
BlackRock Institutional Trust Company N.A. - iShares National Muni Bond ETF
SCMB
Schwab Strategic Trust - Schwab Municipal Bond ETF
HYD
VanEck ETF Trust - VanEck High Yield Muni ETF
VTEB
Vanguard Group, Inc. - Vanguard Tax-Exempt Bond ETF
TFI
SPDR Series Trust - SPDR Nuveen Bloomberg Municipal Bond ETF
MMIN
IndexIQ Active ETF Trust - IQ MacKay Municipal Insured ETF
ITM
VanEck ETF Trust - VanEck Intermediate Muni ETF
NYF
BlackRock Institutional Trust Company N.A. - iShares New York Muni Bond ETF
CMF
BlackRock Institutional Trust Company N.A. - iShares California Muni Bond ETF
CGMU
Capital Group Fixed Income ETF Trust - Capital Group Municipal Income 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 -0.0403%. This is the percent change in the value of XMPT over the most recent 1-month period. The 3-month return on XMPT is -0.0763%. 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 0.102%. 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 PFF, PGF, and PGX.

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

ETFs that are inversely correlated to XMPT include TMV, TBT, and TTT.

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.