VSDM ETF Analysis: VSDM | BATS
Muni National Short | BATS, USA | Market Cap: 1.024m USD | 12M Return: 0.1% | US9229076966 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 18.7M
Warnings
Tailwinds
No distinct edge detected
Seasonality 1.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
VSDM is an exchange-traded fund that invests at least 80% of its net assets in debt securities primarily issued by U.S. states, local governments, or their agencies. The funds holdings are structured to generate interest income that is exempt from federal income taxes and the federal alternative minimum tax (AMT). The fund is classified as non-diversified, meaning it may concentrate a larger portion of its assets in a smaller number of issuers compared to diversified funds.
As a municipal bond ETF in the Muni National Short category, VSDM participates in the market for state and local government debt, which is typically issued to finance public infrastructure such as schools, highways, hospitals, and water systems. The short-duration designation indicates a focus on bonds with shorter maturities, which generally carry lower interest rate risk than longer-dated municipal securities. The tax-exempt feature of the underlying bonds is a primary appeal of this asset class for taxable investors seeking to reduce after-tax income from fixed-income holdings.
- Fed rate cuts pressure short-term muni yields lower
- Muni supply surges as state governments refinance debt
- Tax-exempt income demand drives ETF inflows and AUM growth
As of September 27, 2026, the stock is trading at USD 74.37 with a total of 539,595 shares traded. Over the past week, the price has changed by -1.13%, over one month by -2.23%, over three months by -2.12% and over the past year by +0.13%.
Current recommended Stop Loss: 74.10 (which is 0.4% or 1.7 ATR below the current price).
VSDM has no consensus analysts rating.