Summary
SUB
Prices · period metrics · 12M
NAV as of 02/06/2026
02/04/2025 → 02/04/2026
Return 3.00% Volatility 1.56% Sharpe -0.50
Official loaded data — not a live quote.

ISHARES SHORT-TERM NATIONAL MUNI BOND ETF

Symbol: SUB

Exchange: NYSE

Sector: N/A

Category: Muni National Short

Inception date: 05/11/2008

Latest date: 02/06/2026

Current price: $106.40

Expense ratio: 0.07%

Assets under management
$11.1B
0.03% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
--
--

Performance metrics

Period total return

0.10%

Ann. -6.36% (Sharpe / Sortino numerator)

Volatility

2.08%

Sharpe ratio

-4.798

VaR 95%

-0.30%

CVaR 95%: -0.33%
Max drawdown: -0.62%
Sortino ratio: -5.394
Calmar ratio: -10.31

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

-0.20%

Ann. -0.33% (Sharpe / Sortino numerator)

Volatility

1.57%

Sharpe ratio

-2.527

VaR 95%

-0.24%

CVaR 95%: -0.29%
Max drawdown: -1.23%
Sortino ratio: -2.506
Calmar ratio: -0.27

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

0.97%

Ann. 1.29% (Sharpe / Sortino numerator)

Volatility

1.29%

Sharpe ratio

-1.815

VaR 95%

-0.10%

CVaR 95%: -0.23%
Max drawdown: -1.23%
Sortino ratio: -1.877
Calmar ratio: 1.05

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

3.00%

Ann. 2.85% (Sharpe / Sortino numerator)

Volatility

1.56%

Sharpe ratio

-0.501

VaR 95%

-0.10%

CVaR 95%: -0.26%
Max drawdown: -1.23%
Sortino ratio: -0.392
Calmar ratio: 2.30

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

6.32%

Ann. 3.15% (Sharpe / Sortino numerator)

Volatility

1.52%

Sharpe ratio

-0.313

VaR 95%

-0.12%

CVaR 95%: -0.23%
Max drawdown: -1.23%
Sortino ratio: -0.307
Calmar ratio: 2.55

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

8.94%

Ann. 2.67% (Sharpe / Sortino numerator)

Volatility

1.56%

Sharpe ratio

-0.617

VaR 95%

-0.13%

CVaR 95%: -0.23%
Max drawdown: -1.54%
Sortino ratio: -0.707
Calmar ratio: 1.73

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 02/06/2025 - 02/06/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.012%

Best day

0.196%

13/01/2026
Worst day

-0.299%

20/03/2026
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
02/06/2026 $106.37 $106.42 $106.35 $106.40 440,400
01/06/2026 $106.23 $106.35 $106.21 $106.33 513,500
29/05/2026 $106.45 $106.55 $106.45 $106.50 565,100
28/05/2026 $106.39 $106.48 $106.39 $106.48 323,600
27/05/2026 $106.35 $106.44 $106.35 $106.42 452,400
26/05/2026 $106.35 $106.40 $106.35 $106.38 392,000
22/05/2026 $106.21 $106.27 $106.20 $106.23 367,800
21/05/2026 $106.09 $106.24 $106.09 $106.22 400,600
20/05/2026 $106.14 $106.23 $106.10 $106.19 342,500
19/05/2026 $106.08 $106.11 $106.04 $106.10 388,200