Dividend-adjusted total return · S&P 500 uses VOO · Dec 31, 2025 – Nov 3, 2026NMBS&P 500 · VOO
| Returns | 1D | 1M | 3M | YTD | 1Y | 3Y | 5Y | MAX |
|---|---|---|---|---|---|---|---|---|
| Total return | 0.0% | +4.2% | −1.8% | −0.4% | −2.2% | — | — | +5.5% |
| Peer average | 0.0% | +2.9% | −0.9% | +0.3% | +0.6% | +14.6% | +2.5% | — |
| S&P 500 · VOO | +0.3% | −2.6% | −1.7% | +11.5% | +11.9% | +90.9% | +77.5% | — |
Key Statistics
Open all fund facts →- AUM
- $47M
- Expense ratio
- 0.53%
- Distribution yield
- 5.4%
- NAV
- $23.91
- Volume
- 2K
- Avg. volume 30D
- 3K
- High today
- $23.92
- Low today
- $23.90
- Previous close
- $23.93
- 52-week high
- $26.10
- 52-week low
- $22.66
- Our risk indicator
- 2/5
NMB in One Breath
NMB Among Municipal ETFs
YTDEnd-of-day Nov 4, 2026 · 141 Municipal ETFs by YTD
$10,000 in NMB
5Y$10,000 in NMB became
$10,547
In the S&P 500 (VOO)
$14,131
Total return, dividends in · Sep 10, 2024 – Nov 3, 2026 · S&P 500 uses VOO
NMB’s Top Holdings
TodayCashCash8.7%HILLSBOROUGH4.3%ATLANTA GA A4.3%MARYLAND ST 4.3%JACKSONVILLE4.2%ALDINE TEX I3.9%LEE CNTY FLA3.2%MIAMI-DADE C3.2%AUSTIN TEX S3.2%JEA FLA ELEC3.2%NEW JERSEY S3.2%PENNSYLVANIA2.8%FLORIDA ST T2.8%ALDINE TEX I2.8%NEW YORK ST 2.7%NEW YORK ST 2.7%METROPOLITAN2.6%NEW YORK ST 2.2%ALABAMA TOLL2.2%HAWAII ST AR2.2%METROPOLITAN2.1%MICHI46 more
CashCash8.7%HILLSBOROUGH4.3%ATLANTA GA A4.3%MARYLAND ST 4.3%JACKSONVILLE4.2%ALDINE TEX I3.9%LEE CNTY FLA3.2%MIAMI-DADE C3.2%AUSTIN TEX S3.2%JEA FLA ELEC3.2%NEW JERSEY S3.2%PENNSYLVANIA2.8%56 more
Simplify NMB · 68 holdings · tile size = share of the fund · as of Nov 3, 2026
What NMB Holds
TodayAll holdings100.0%
Cash 8.7 · HILLSBOROU 4.3 · ATLANTA GA 4.3 · MARYLAND S 4.3 · JACKSONVIL 4.2 · ALDINE TEX 3.9 · LEE CNTY F 3.2
Simplify NMB · share of the fund · as of Nov 3, 2026
Cash’s Share of NMB
Today8.7%
$87 of every $1,000 in NMB is Cash
Cash held by NMB
$4.1M
Simplify NMB · each square = $10 of $1,000 · as of Nov 3, 2026
NMB’s Share of Municipal ETFs
Today0.0%
of the $244B in 166 Municipal ETFs
$47.2M0.0%
$54.5B22.3%
$49.6B20.3%
$140B57.3%
Municipal ETF AUM · Nov 4, 2026
NMB Fee per $100 vs Peers
TodayExpense ratio · Municipal peers · Nov 4, 2026
Inside NMB
68 holdings · as of Nov 3, 2026NMB
Simplify National Muni Bond ETF
TodayAll holdings100.0%Cash8.7%Hillsborou4.3%Atlanta GA4.3%Maryland S4.3%Jacksonvil4.2%Aldine TEX3.9%LEE Cnty F3.2%Miami-dade3.2%Austin TEX3.2%JEA FLA El3.2%NEW Jersey3.2%Pennsylvan2.8%Florida ST2.8%Aldine TEX2.8%54 more holdings45.9% of the fund
All holdings100.0%Cash8.7%Hillsborou4.3%Atlanta GA4.3%Maryland S4.3%62 more holdings70.4% of the fund
| # | Ticker | Company | Weight ▼ |
|---|---|---|---|
| 1 | — | CASH | 8.67% |
| 2 | — | Hillsborough Cnty FLA I 5.5 15nov54 | 4.33% |
| 3 | — | Atlanta GA Arpt REV 5.25 01jul56 | 4.32% |
| 4 | — | Maryland ST Transn Auth 5.0 01jul53 | 4.26% |
| 5 | — | Jacksonville FLA Aviat 5.25 01oct55 | 4.21% |
| 6 | — | Aldine TEX Indpt SCH 4.375 15feb51 | 3.87% |
| 7 | — | LEE Cnty FLA Arpt REV 5.5 01oct51 | 3.23% |
| 8 | — | Miami-dade Cnty FLA SEA 5.5 01oct56 | 3.23% |
| 9 | — | Austin TEX SPL TAX REV 5.25 15nov56 | 3.21% |
| 10 | — | JEA FLA Elec SYS REV 5.25 01oct56 | 3.19% |
Simplify NMB · current holdings by weight · as of Nov 3, 2026 · each tile is one holding · top 20 = 68.7%
How It Compares
NMB
Simplify National Muni Bond ETF’s Peers
YTDMunicipal peers · YTD and past-year returns · as of Nov 4, 2026 · sorted by AUM
Head to Head
Put NMB head to head with MUB →MUB vs NMB
YTDYear to date
Level
Past year
MUB wins+2.3 pts
Fee
MUB winslower fee
Yield
NMB wins+2.1 pts
AUM
MUB1153.9× more
2–1MUB wins
iShares MUB and Simplify NMB · year-to-date · as of Nov 4, 2026 · AUM not scored
NMB vs VOO
YTDNMB · Simplify National Muni Bond
−0.4%
VOO · S&P 500
+11.5%
Gap
12.0 pts
Simplify NMB and Vanguard VOO · YTD total return · as of Nov 4, 2026
NMB vs Its Peer Average
YTDNMBAvsBPeer average
1D0.0%0.0%
1M+4.2%+2.9%
3M−1.8%−0.9%
YTD−0.4%+0.3%
1Y−2.2%+0.6%
3Y[…]+14.6%
5Y[…]+2.5%
1–4Peer average wins
165 Municipal peers · each row scaled to its leader
The Details
NMB
Risk
1Y2/5our risk indicator
CalmerBumpier
Volatility · 1Y6.65%
Deepest drop · 1Y−8.1%
Lowest point · 5Y−7.6%
52-week range
$23.92
$22.66−8.4% from the high$26.10
Simplify NMB · past-year price moves · as of Nov 4, 2026
NMB
Fund Facts
Today2024launched Sep 9
Tracks[…]
Exchange · CUSIPAMEX · 82889N442
StructureETF
Leverage1x
Cost on $10,000$53 a year
Go deeper
Simplify NMB · fund facts · as of Nov 4, 2026
NMB
Payouts by Year
3Y$0.0800per share, Oct 2026
Distribution yield5.4%
PaidEvery month
Latest ex-date · paidOct 27 · Oct 30, 2026
12 payouts added up$1.29 a share
Simplify NMB · distributions by ex-date · 2024–2026
All Fund FactsDocuments · trading · fees · every payout
Prospectus & Documents
Official documents are being connected from SEC EDGAR: […]. Read the issuer’s prospectus before investing.
Trading & Liquidity
Net asset value$23.91
Premium / discount[…]
Median spread · 30D[…]
Volume today2K
Average volume · 30D3K
Shares outstanding[…]
Options[…]
Fees & Costs
Net expense ratio0.53%
Gross expense ratio[…]
Management fee[…]
Cost on $10,000 a year$53.00
Our risk indicator2/5
Estimated yearly cost excludes trading costs and assumes constant assets.
Distributions
| Ex-date | Paid | Per share |
|---|---|---|
| Oct 27, 2026 | Oct 30, 2026 | $0.0800 |
| Sep 25, 2026 | Sep 30, 2026 | $0.0800 |
| Aug 26, 2026 | Aug 31, 2026 | $0.0800 |
| Jul 28, 2026 | Jul 31, 2026 | $0.0800 |
| Jun 25, 2026 | Jun 30, 2026 | $0.0800 |
| May 26, 2026 | May 29, 2026 | $0.0800 |
| Apr 27, 2026 | Apr 30, 2026 | $0.12 |
| Mar 26, 2026 | Mar 31, 2026 | $0.12 |
| Feb 24, 2026 | Feb 27, 2026 | $0.13 |
| Jan 27, 2026 | Jan 30, 2026 | $0.14 |
| Dec 23, 2025 | Dec 31, 2025 | $0.15 |
| Nov 21, 2025 | Nov 28, 2025 | $0.15 |
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