Summary
SUB
Prices · period metrics · 12M
NAV as of 16/07/2026
02/04/2025 → 02/04/2026
Return 2.34% 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: 16/07/2026

Current price: $106.22

Expense ratio: 0.07%

Assets under management
$11.4B
0.05% daily change

Period performance

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

Adjusted return
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Performance metrics

Period total return

-0.05%

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

0.25%

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

0.40%

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

2.34%

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

6.07%

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

9.10%

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: 16/07/2025 - 16/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.009%

Best day

0.196%

13/01/2026
Worst day

-0.3%

20/03/2026
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
16/07/2026 $106.17 $106.24 $106.12 $106.22 364,900
15/07/2026 $106.29 $106.30 $106.19 $106.22 305,000
14/07/2026 $106.27 $106.30 $106.23 $106.25 315,700
13/07/2026 $106.32 $106.34 $106.24 $106.26 327,100
10/07/2026 $106.29 $106.33 $106.28 $106.32 447,100
09/07/2026 $106.21 $106.25 $106.19 $106.23 368,000
08/07/2026 $106.30 $106.32 $106.15 $106.19 576,100
07/07/2026 $106.33 $106.37 $106.26 $106.28 344,500
06/07/2026 $106.45 $106.45 $106.36 $106.36 436,300
02/07/2026 $106.31 $106.33 $106.24 $106.31 572,500