F/M CALLABLE TAX-FREE MUNICIPAL ETF
Symbol: ZMUN
Exchange: NASDAQ
Sector: N/A
Category: Muni National Short
Inception date: 29/09/2025
Latest date: 15/10/2026
Current price: $49.85
Expense ratio: 0.30%
Period performance
Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.
Performance metrics
Period total return
0.35%
Ann. 2.24% (Sharpe / Sortino numerator)
Volatility
0.51%
Sharpe ratio
-2.742
VaR 95%
-0.05%
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
0.47%
Ann. 3.85% (Sharpe / Sortino numerator)
Volatility
0.62%
Sharpe ratio
0.354
VaR 95%
-0.04%
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
1.31%
Ann. 3.77% (Sharpe / Sortino numerator)
Volatility
0.53%
Sharpe ratio
0.261
VaR 95%
-0.04%
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
3.08%
Ann. 3.51% (Sharpe / Sortino numerator)
Volatility
0.54%
Sharpe ratio
-0.245
VaR 95%
-0.04%
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: 15/10/2025 - 15/10/2026.
Average daily return
0.012%
Best day
0.383%
Worst day
-0.221%
Days with data
251
Recent price history (last 90 days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 15/10/2026 | $49.78 | $49.86 | $49.77 | $49.85 | 4,700 |
| 14/10/2026 | $49.66 | $49.66 | $49.65 | $49.66 | 5,100 |
| 13/10/2026 | $49.60 | $49.70 | $49.60 | $49.67 | 4,100 |
| 12/10/2026 | $49.59 | $49.59 | $49.58 | $49.58 | 200 |
| 09/10/2026 | $49.57 | $49.60 | $49.56 | $49.59 | 5,000 |
| 08/10/2026 | $49.48 | $49.49 | $49.48 | $49.49 | 7,500 |
| 07/10/2026 | $49.51 | $49.52 | $49.48 | $49.49 | 5,200 |
| 06/10/2026 | $49.52 | $49.56 | $49.52 | $49.55 | 2,100 |
| 05/10/2026 | $49.58 | $49.59 | $49.56 | $49.56 | 2,400 |
| 02/10/2026 | $49.55 | $49.61 | $49.48 | $49.48 | 5,700 |