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NMB · Simplify National Muni Bond ETF

Bond fundActively managed0.52% fee$46mSince Sep 10, 2024
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NMB is actively managed and returned −4.9% over the past year.

−4.9%
Total return, 1 year
0.52%
Expense ratio
37
Holdings
−7.3%
Below its high
WindowTotal returnS&P 500Gap to S&P 500Gap to Nasdaq-100
3M Jul 2 – Oct 2, 2026−7.3%+3.6%−10.9 pts−12.6 pts
6M Apr 2 – Oct 2, 2026−3.4%+17.9%−21.3 pts−31.8 pts
1Y Oct 2, 2025 – Oct 2, 2026−4.9%+16.2%−21.2 pts−29.3 pts
Since listing Sep 10, 2024 – Oct 2, 2026+1.0%+43.9%−42.9 pts−64.3 pts

NMB over each window to Oct 2, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.

Head to head
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In plain words

NMB is actively managed and tracks no index. Over the year to Oct 2, 2026 it returned −4.9% with distributions reinvested, against +16.2% for the S&P 500 and +24.3% for the Nasdaq-100. The prospectus expense ratio is 0.52% a year. It sat 7.3% below its high of Oct 28, 2025 on Oct 2, 2026.
What it tracksNo index, actively managed
Fund typeBond fund
Category (ETFIQ)Bonds · Municipal, national, long
Expense ratio (485BPOS XBRL, Oct 28, 2025)0.52%
Price$22.97
Listed sinceSep 10, 2024
Net assets (issuer page, as of Oct 2, 2026)$46m
Below its high (ETFIQ)−7.3%
Holdings37
Top ten weight41.0%
Holdings as of (SEC N-PORT)Jun 30, 2026
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

Questions people ask about NMB

How has NMB performed?
Over the year to Oct 2, 2026, NMB returned −4.9% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is not published.
What does NMB cost?
The prospectus expense ratio is 0.52% a year.
How far is NMB below its high?
7.3% below its high of Oct 28, 2025, measured on the reinvested series to Oct 2, 2026.
Sources and dates
Prices, NMB and S&P 500Tiingo end-of-day · Oct 2, 2026
Fee, 0.52%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $46mIssuer page · Oct 2, 2026
SourceHoldings filing (SEC Form N-PORT) ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ETFIQ covers core, leveraged and inverse, buffer, thematic, option-income, alternatives and spot crypto ETFs. This fund is here because the other funds here are measured against it and portfolios hold it. ETFIQ is an independent publisher and makes no recommendations. Standards and sources

How these figures are computed →Standards and sources →Open data →
Cite this page

ETFIQ, NMB, core fund, data as of Oct 2, 2026. https://etfiq.com/funds/nmb

Free to use with attribution; the underlying files are at Open data.

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