iShares Short-Term National Muni Bond (SUB): Rolling Returns

Data Source: from January 1978 to April 2024 (~46 years)
Consolidated Returns as of 30 April 2024

Holding the iShares Short-Term National Muni Bond (SUB) ETF, how long should you stay invested to have high probability to obtain a positive return?

Considering all the available data source (~46 years), the longest period with a negative return lasted 45 months (from January 2020 to September 2023).

This means that every rolling period of 46 months or above has always granted a positive return.

To obtain comprehensive information, please consult the iShares Short-Term National Muni Bond (SUB) ETF: Historical Returns page.

Previous vs subsequent Returns

Considering all 10-year rolling periods, is there a relationship between past and future returns, at a given date?

In the following chart, we show how past returns (x-axis) and subsequent returns (y-axis) are related.

Neighboring data is aggregated and occurrences are indicated. It is possible to zoom by clicking or drawing the desired area

ISHARES SHORT-TERM NATIONAL MUNI BOND (SUB) ETF
Previous vs Next Returns - 10 Years annualized
Updated to April 2024

The annualized return of the last 10 years has been 0.90% (updated at Apr 30, 2024).

Rolling Returns

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

ISHARES SHORT-TERM NATIONAL MUNI BOND (SUB) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 May 1994 - 30 April 2024 (30 Years)
Data Source: 1 January 1978 - 30 April 2024 (~46 years)
Inflation Adjusted:

Annualized Rolling Returns - 1 Year (12 months)

Swipe left to see all data
Median Best Worst Negative Periods
Annualized Rolling Return +3.68% +10.88%
Oct 1981 - Sep 1982
-3.95%
Oct 2021 - Sep 2022
5.32%
29 out of 545
US Inflation Adjusted +0.52% +9.01%
Jul 2008 - Jun 2009
-11.22%
Oct 2021 - Sep 2022
39.82%
217 out of 545
1 Year Annualized Rolling Returns
Timeframes ending in every month
1 Year Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 2 Years (24 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +3.73% +9.22%
Jan 1981 - Dec 1982
-1.80%
Oct 2020 - Sep 2022
3.75%
20 out of 533
US Inflation Adjusted +0.69% +4.97%
Jun 1984 - May 1986
-8.05%
Nov 2020 - Oct 2022
39.21%
209 out of 533
2 Years Annualized Rolling Returns
Timeframes ending in every month
2 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 3 Years (36 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +3.80% +8.11%
Mar 1980 - Feb 1983
-0.77%
Oct 2020 - Sep 2023
1.92%
10 out of 521
US Inflation Adjusted +0.96% +4.04%
Mar 1984 - Feb 1987
-6.63%
Jan 1978 - Dec 1980
38.77%
202 out of 521
3 Years Annualized Rolling Returns
Timeframes ending in every month
3 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 4 Years (48 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +3.80% +7.66%
Jun 1981 - May 1985
+0.13%
Nov 2019 - Oct 2023
0.00%
0 out of 509
US Inflation Adjusted +1.05% +3.95%
Jul 1982 - Jun 1986
-5.15%
Jan 1978 - Dec 1981
39.10%
199 out of 509
4 Years Annualized Rolling Returns
Timeframes ending in every month
4 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 5 Years (60 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +3.74% +7.54%
Oct 1981 - Sep 1986
+0.46%
Mar 2013 - Feb 2018
0.00%
0 out of 497
US Inflation Adjusted +1.01% +4.01%
Oct 1981 - Sep 1986
-3.18%
Nov 2017 - Oct 2022
37.02%
184 out of 497
5 Years Annualized Rolling Returns
Timeframes ending in every month
5 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 6 Years (72 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +3.55% +7.47%
Dec 1980 - Nov 1986
+0.47%
May 2012 - Apr 2018
0.00%
0 out of 485
US Inflation Adjusted +0.78% +3.34%
Sep 1981 - Aug 1987
-2.99%
Oct 2017 - Sep 2023
31.34%
152 out of 485
6 Years Annualized Rolling Returns
Timeframes ending in every month
6 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 7 Years (84 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +3.39% +7.22%
Apr 1980 - Mar 1987
+0.56%
Nov 2015 - Oct 2022
0.00%
0 out of 473
US Inflation Adjusted +0.63% +3.08%
Oct 1981 - Sep 1988
-2.76%
Oct 2016 - Sep 2023
25.58%
121 out of 473
7 Years Annualized Rolling Returns
Timeframes ending in every month
7 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 8 Years (96 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +3.32% +6.89%
Apr 1980 - Mar 1988
+0.59%
Oct 2014 - Sep 2022
0.00%
0 out of 461
US Inflation Adjusted +0.59% +2.90%
Oct 1981 - Sep 1989
-2.50%
Oct 2015 - Sep 2023
21.26%
98 out of 461
8 Years Annualized Rolling Returns
Timeframes ending in every month
8 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 9 Years (108 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +3.33% +6.81%
Jan 1981 - Dec 1989
+0.59%
Nov 2013 - Oct 2022
0.00%
0 out of 449
US Inflation Adjusted +0.64% +2.61%
Oct 1981 - Sep 1990
-2.17%
Oct 2014 - Sep 2023
18.93%
85 out of 449
9 Years Annualized Rolling Returns
Timeframes ending in every month
9 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 10 Years (120 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +3.32% +6.79%
Jan 1981 - Dec 1990
+0.57%
Oct 2012 - Sep 2022
0.00%
0 out of 437
US Inflation Adjusted +0.70% +2.70%
Oct 1981 - Sep 1991
-2.05%
Oct 2013 - Sep 2023
21.05%
92 out of 437
10 Years Annualized Rolling Returns
Timeframes ending in every month
10 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 11 Years (132 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +3.37% +6.83%
Jan 1981 - Dec 1991
+0.63%
Oct 2012 - Sep 2023
0.00%
0 out of 425
US Inflation Adjusted +0.69% +2.71%
Oct 1981 - Sep 1992
-1.94%
Oct 2012 - Sep 2023
22.59%
96 out of 425
11 Years Annualized Rolling Returns
Timeframes ending in every month
11 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 12 Years (144 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +3.37% +6.70%
Jan 1980 - Dec 1991
+0.70%
Oct 2011 - Sep 2023
0.00%
0 out of 413
US Inflation Adjusted +0.74% +2.58%
Oct 1981 - Sep 1993
-1.83%
Oct 2011 - Sep 2023
19.85%
82 out of 413
12 Years Annualized Rolling Returns
Timeframes ending in every month
12 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 13 Years (156 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +3.38% +6.56%
Mar 1980 - Feb 1993
+0.78%
Oct 2009 - Sep 2022
0.00%
0 out of 401
US Inflation Adjusted +0.76% +2.33%
Oct 1981 - Sep 1994
-1.83%
Oct 2010 - Sep 2023
20.70%
83 out of 401
13 Years Annualized Rolling Returns
Timeframes ending in every month
13 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 14 Years (168 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +3.42% +6.42%
Mar 1979 - Feb 1993
+0.81%
Jul 2009 - Jun 2023
0.00%
0 out of 389
US Inflation Adjusted +0.75% +2.33%
Oct 1981 - Sep 1995
-1.69%
Oct 2009 - Sep 2023
19.28%
75 out of 389
14 Years Annualized Rolling Returns
Timeframes ending in every month
14 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 15 Years (180 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +3.43% +6.24%
Jan 1979 - Dec 1993
+0.98%
May 2009 - Apr 2024
0.00%
0 out of 377
US Inflation Adjusted +0.80% +2.22%
Oct 1981 - Sep 1996
-1.59%
May 2009 - Apr 2024
20.69%
78 out of 377
15 Years Annualized Rolling Returns
Timeframes ending in every month
15 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 16 Years (192 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +3.49% +6.05%
Nov 1979 - Oct 1995
+1.32%
May 2008 - Apr 2024
0.00%
0 out of 365
US Inflation Adjusted +0.83% +2.21%
Oct 1981 - Sep 1997
-1.10%
Oct 2007 - Sep 2023
20.82%
76 out of 365
16 Years Annualized Rolling Returns
Timeframes ending in every month
16 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 17 Years (204 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +3.54% +5.95%
Jan 1979 - Dec 1995
+1.46%
Oct 2006 - Sep 2023
0.00%
0 out of 353
US Inflation Adjusted +0.88% +2.25%
Oct 1981 - Sep 1998
-1.02%
Nov 2006 - Oct 2023
21.81%
77 out of 353
17 Years Annualized Rolling Returns
Timeframes ending in every month
17 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 18 Years (216 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +3.53% +5.82%
Jan 1979 - Dec 1996
+1.54%
Nov 2004 - Oct 2022
0.00%
0 out of 341
US Inflation Adjusted +0.84% +2.14%
Oct 1981 - Sep 1999
-0.94%
Nov 2004 - Oct 2022
19.94%
68 out of 341
18 Years Annualized Rolling Returns
Timeframes ending in every month
18 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 19 Years (228 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +3.60% +5.74%
Nov 1979 - Oct 1998
+1.52%
Oct 2003 - Sep 2022
0.00%
0 out of 329
US Inflation Adjusted +0.83% +2.05%
Oct 1981 - Sep 2000
-1.01%
Oct 2004 - Sep 2023
14.29%
47 out of 329
19 Years Annualized Rolling Returns
Timeframes ending in every month
19 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

Annualized Rolling Returns - 20 Years (240 months)

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Median Best Worst Negative Periods
Annualized Rolling Return +3.52% +5.66%
Jan 1979 - Dec 1998
+1.51%
Oct 2003 - Sep 2023
0.00%
0 out of 317
US Inflation Adjusted +0.88% +2.11%
Oct 1981 - Sep 2001
-1.03%
Oct 2003 - Sep 2023
11.99%
38 out of 317
20 Years Annualized Rolling Returns
Timeframes ending in every month
20 Years Annualized Rolling Returns
Annualized Rolling Return Distribution

To obtain comprehensive information, please consult the iShares Short-Term National Muni Bond (SUB) ETF: Historical Returns page.