Summary
ZMUN
Prices · period metrics · 1M
NAV as of 02/06/2026
28/04/2026 → 28/05/2026
Return 0.23% Volatility 0.51% Sharpe -2.74
Official loaded data — not a live quote.

F/M CALLABLE TAX-FREE MUNICIPAL ETF

Symbol: ZMUN

Exchange: NASDAQ

Sector: N/A

Category: Muni National Interm

Inception date: 29/09/2025

Latest date: 02/06/2026

Current price: $50.09

Expense ratio: 0.30%

Assets under management
$17.5M
0.01% 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

0.23%

Ann. 2.24% (Sharpe / Sortino numerator)

Volatility

0.51%

Sharpe ratio

-2.742

VaR 95%

-0.05%

CVaR 95%: -0.05%
Max drawdown: -0.07%
Sortino ratio: -3.745
Calmar ratio: N/A

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

1.01%

Ann. 3.85% (Sharpe / Sortino numerator)

Volatility

0.62%

Sharpe ratio

0.354

VaR 95%

-0.04%

CVaR 95%: -0.05%
Max drawdown: -0.07%
Sortino ratio: 0.694
Calmar ratio: N/A

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

1.90%

Ann. 3.77% (Sharpe / Sortino numerator)

Volatility

0.53%

Sharpe ratio

0.261

VaR 95%

-0.04%

CVaR 95%: -0.05%
Max drawdown: -0.07%
Sortino ratio: 0.488
Calmar ratio: N/A

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 1M

Daily simple returns from the same adjusted closes used by the performance chart: 04/05/2026 - 02/06/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.012%

Best day

0.07%

02/06/2026
Worst day

-0.06%

05/05/2026
Days with data

20

Recent price history (last 90 days)

Date Open High Low Close Volume
02/06/2026 $50.08 $50.09 $50.06 $50.09 4,700
01/06/2026 $50.04 $50.07 $50.04 $50.05 1,600
29/05/2026 $50.05 $50.07 $50.05 $50.05 4,600
28/05/2026 $50.04 $50.05 $50.02 $50.05 3,000
27/05/2026 $50.21 $50.21 $50.19 $50.20 2,600
26/05/2026 $50.20 $50.21 $50.20 $50.20 2,200
22/05/2026 $50.18 $50.19 $50.18 $50.18 3,100
21/05/2026 $50.17 $50.19 $50.17 $50.18 62,200
20/05/2026 $50.17 $50.17 $50.17 $50.17 500
19/05/2026 $50.17 $50.20 $50.17 $50.17 13,400