SMMU PIMCO Short Term Municipal Bond Active Exchange-Traded Fund

together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture

Near-identical to TAFI (|ρ| ≥ 0.93). Same-day relationships for this exposure are listed on the TAFI page.

SMMU vs SUB, shifted 1d

Both indexed to 100 at 2026-05-11. SUB is drawn 1 trading day later than it happened, so if it leads, the lines move together.

SMMU SUB (+1d) · range 99–101 · 2026-05-11 → 2026-11-06

SMMU tends to repeat these symbols' moves some days later. The highlighted bar is the lag.

SUB iShares Short-Term National Muni Bond ETF

lag 1dρ +0.24holdout +0.25stable 62%$/day $47.5Mmoderate

MUB iShares National Muni Bond ETF

lag 1dρ +0.22holdout +0.20stable 62%$/day $438.8Mmoderate

BKT BlackRock Income Trust Inc.

lag 1dρ +0.22holdout +0.12stable 62%$/day $923kmoderate