# NMB (Simplify National Muni Bond ETF)

Simplify · Bond ETFs · Municipal, national, long · data as of Oct 2, 2026

NMB is actively managed and returned −4.9% over the past year.

## Key facts

- NMB, total return, 1 year: −4.9%, as of Oct 2, 2026.
- NMB, expense ratio: 0.52%, as of Oct 2, 2026.
- NMB, holdings: 37, as of Oct 2, 2026.
- NMB, below its high: −7.3%, as of Oct 2, 2026.
- NMB, net assets: $46m (issuer page, as of Oct 2, 2026).

## NMB over each window to Oct 2, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | −7.3% | +3.6% | −10.9 pts | −12.6 pts |
| 6 months | −3.4% | +17.9% | −21.3 pts | −31.8 pts |
| 1 year | −4.9% | +16.2% | −21.2 pts | −29.3 pts |
| Since listing | +1.0% | +43.9% | −42.9 pts | −64.3 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it tracks | No index, actively managed | ETFIQ |
| Fund type | Bond fund | ETFIQ |
| Category | Bonds · Municipal, national, long | ETFIQ |
| Expense ratio | 0.52% | 485BPOS XBRL, Oct 28, 2025 |
| Price | $22.97 | ETFIQ |
| Listed since | Sep 10, 2024 | ETFIQ |
| Net assets | $46m | issuer page, as of Oct 2, 2026 |
| Below its high | −7.3% | ETFIQ |
| Holdings | 37 | ETFIQ |
| Top ten weight | 41.0% | ETFIQ |
| Holdings as of | Jun 30, 2026 | SEC N-PORT |

## Questions

### 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.


## Cite this page

ETFIQ, NMB, data as of Oct 2, 2026. https://etfiq.com/funds/nmb
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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