VanEck HIP Sustainable Muni ETFVanEck HIP Sustainable Muni ETFVanEck HIP Sustainable Muni ETF

VanEck HIP Sustainable Muni ETF

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Key stats


Assets under management (AUM)
‪11.14 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
2.80%
Discount/Premium to NAV
−0.7%
Shares outstanding
‪250.00 K‬
Expense ratio
0.24%

About VanEck HIP Sustainable Muni ETF


Issuer
Van Eck Associates Corp.
Brand
VanEck
Home page
Inception date
Sep 8, 2021
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
The security is being delisted. The last day of trading on an exchange is June 18, 2025. SMI actively invests in investment-grade municipal bonds of any maturity that are exempt from federal income tax and are perceived to support sustainable development. The fund aims to support progress towards sustainable development in alignment with the United Nations Sustainable Development Goals, as well as promote positive social and environmental outcomes, by using HIP (Human Impact + Profit) Ratings. Municipal bonds issued and associated to US states, municipal governments, and its territories are assigned HIP Ratings based on data-driven, quantitative performance measures to determine an estimate of their impact. As an actively managed ETF, SMI applies its own investment techniques and risk analyses to identify buy-sell-or-hold opportunities.

Classification


Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
Investment grade
Niche
Broad maturities
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Municipal
Bonds, Cash & Other100.00%
Municipal94.25%
Cash5.75%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to SMI via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SMI trades at 44.19 USD today, its price has fallen −0.33% in the past 24 hours. Track more dynamics on SMI price chart.
SMI net asset value is 44.50 today — it's fallen 0.46% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SMI assets under management is ‪11.14 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SMI price has fallen by −1.32% over the last month, and its yearly performance shows a −4.04% decrease. See more dynamics on SMI price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.46% over the last month, showed a −2.41% decrease in three-month performance and has decreased by −0.39% in a year.
SMI fund flows account for 0.00 USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SMI invests in bonds. See more details in our Analysis section.
SMI expense ratio is 0.24%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SMI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SMI technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SMI shows the strong sell signal. See more of SMI technicals for a more comprehensive analysis.
Yes, SMI pays dividends to its holders with the dividend yield of 2.80%.
SMI trades at a premium (0.70%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SMI shares are issued by Van Eck Associates Corp.
SMI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 8, 2021.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.