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NMB vs LMUB

Simplify National Muni Bond ETF vs iShares Long-Term National Muni Bd ETF

NMB

Simplify National Muni Bond ETF

Simplify Asset Management

Annual cost

0.52%

Fund size

$46M

LMUB

iShares Long-Term National Muni Bd ETF

iShares

Annual cost

0.09%

Fund size

$1.5B

Key differences

  • LMUB costs 0.43% less per year.
  • LMUB is significantly larger than NMB — larger funds tend to be more liquid and less likely to close.
  • NMB follows a active selection strategy; LMUB uses index tracking.

Side-by-side comparison

NMBLMUB
Annual cost (TER)0.52%0.09%
Fund size (AUM)$46M$1.5B
Since20242025
Dividend yield5.60%3.96%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+3.0%+6.8%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y8.41%4.20%
Max drawdown-13.69%-5.51%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to NMB and LMUB