See what your fund actually adds
State Street SPDR Nuveen ICE Municipal Bond ETF TFI
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | TFI | Replication |
|---|---|---|
| Annualized growth | -1.0% | -0.1% |
| Annualized volatility | 5.7% | 4.9% |
| Sharpe ratio | -0.14 | 0.00 |
| Maximum drawdown | 14.7% | 12.1% |
| Replication fit (R²) | 0.97 · Tracking error 0.9% | |
Replication portfolio
The published portfolio below is the investable basket used to model TFI’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| MUB | FI · Municipal | 96.7% |
| VCLT | FI · Long Corp | 3.4% |