BTC iShares California Muni Bond ETF

Historically, investment-grade and high-yield municipal bonds (MUB) have a very low correlation with most other asset classes.

Generally, municipal bonds (SUB) are immune to market volatility, thus providing considerable support to a portfolio.

Over the years, average returns from municipal bonds (CMF) are in line with the broader index. They outperformed in some years and underperformed in others.

Municipal bonds (MUB) have provided an excellent return in the past year. The returns are even better if we account for their tax benefits.