AMUN 주가 전망 및 ETF 분석 - 배당·운용보수·보유종목·NAV·RSI·MACD

AMUN

abrdn Ultra Short Municipal Income Active ETF

7월 28일 4:00 PM ET (한국 7/29 05:00)

$26.07

+0.02 ▲ +0.06%

🌙 7월 28일 4:10 PM ET (한국 7/29 05:10)

$26.06

+0.00 +0.00%

AMUN ETF is analyzed across 10 metrics including expense ratio, holdings, sector allocation, dividends, RSI, and MACD.

Total Expense Ratio

0.25%

Annual operating cost

Net Assets (AUM)

$53M

약 729억원

Holdings

53 items

Dividend Yield

2.13%

Management Style

Active

Category ⓘ	Bonds - Municipal	Asset Type ⓘ	Bonds	Return% 1Y ⓘ	-	Total Holdings ⓘ	53	Perf Week ⓘ	0.08%
ETF Type ⓘ	US Bonds	Active/Passive ⓘ	Active	Return% 3Y ⓘ	-	AUM ⓘ	$53M	Perf Month ⓘ	-0.06%
Expense ⓘ	0.25%	NAV ⓘ	$26.07	Return% 5Y ⓘ	-	52W High ⓘ	-0.89%	Perf Quarter ⓘ	-0.02%
Dividend TTM ⓘ	$0.56 (2.13%)	Div Gr. 3/5Y ⓘ	-	Return% 10Y ⓘ	-	52W Low ⓘ	0.68%	Perf Half Y ⓘ	-0.21%
Flows% 1M ⓘ	-	Flows% YTD ⓘ	78.77%	Return% SI ⓘ	2.07%	Volatility(W/M) ⓘ	0.03% 0.09%	Perf YTD ⓘ	0.02%
SMA20 ⓘ	0.1%	SMA50 ⓘ	0.08%	SMA200 ⓘ	-0.02%	RSI (14) ⓘ	56.96	Beta ⓘ	-
IPO ⓘ	2025/10/20	Prev Close ⓘ	$26.05	Perf Year ⓘ	-	Avg Volume ⓘ	0.00M	Price ⓘ	$26.07

📊 abrdn Ultra Short Municipal Income Active ETF (AMUN) Investment Analysis

ETF Overview

abrdn Ultra Short Municipal Income Active ETF · Bonds - Municipal

인버스형 — 지수 하락에 베팅 (단기 헤지용 · 고위험)

2025년 상장, 1년 운영 중.

The abrdn Ultra Short Municipal Income Active ETF seeks a high level of current income that is exempt from federal income tax. It invests at least 80% of its net assets (including borrowings for investment purposes) in investment-grade bonds that meet the requirements for tax-exempt municipal securities. Tax-exempt municipal securities include bonds issued by states, U.S. territories, and local governments such as counties, cities, and towns that pay interest exempt from U.S. federal income tax.

U.S.fixed-incomemunicipal-bondsbonds

규모: $53M 약 729억원
운용사: abrdn
운용 방식: 액티브 (운용사 재량)
상장일: 2025년

Cost Efficiency

Annual Expense Ratio · Category Rank · Long-Term Cost Impact

Average expense ratio — 0.25% annually

Mid-range within the Bonds - Municipal category.

Effective Annual Expense Ratio (Net Expense Ratio)

평균권

0.25%

My positionMid-range

Low range Average High range

Actual Cost Simulation by Investment Amount

$100.0M

Annual Expense Ratio

$250K

Save $20K per year vs. category average

Category Median Annual Cost

$270K

Based on expense ratio of 0.27%

10-Year Cumulative Expense Ratio (Long-term simulation assuming 7% annual market growth)

$4.5M

4.7% of returns you could have earned goes to the fund manager due to fees

💡 Because the expense ratio takes a slice of your assets every year, costs compound over 10 years and result in far greater losses than a simple sum (annual fee × 10). The 7% annual return assumption is based on the S&P 500's long-term average.

Defaults shown against $100K baseline portfolio. Adjust the slider to update the amount in real time.

Cheaper alternatives in the same category

VTEB

Vanguard Tax-Exempt Bond ETF

0.03%

-0.22%p annually

SCMB

Schwab Municipal Bond ETF

0.03%

-0.22%p annually

MUB

iShares National Muni Bond ETF

0.05%

-0.20%p annually

* A lower fee does not necessarily mean a better ETF. Consider the tracked index, liquidity, and tax treatment as well.

Long-Term Performance

1-year · 3-year · 5-year · 10-year returns · vs. benchmark · drawdown defense

Insufficient return data

↩️ Inverse ETF — for short-term hedging only

These products bet on declines in the underlying index. By construction, "if the index rises, the ETF falls," so it is not unusual to see a negative annualized return (−). The daily reset mechanism causes significant compounding decay over longer holding periods. Long-term holding is not recommended outside of hedging or short-term trading purposes.

Insufficient return data

This ETF is either too recently listed or does not yet have enough disclosed return data. Please refer to ETFs that have been operating for more than one year.

Risk Profile

Volatility · Beta · Max Drawdown · Sharpe · Drawdown Recovery History

Overall Risk Grade

High Risk

These products move opposite to the market. The longer you hold them, the more losses accumulate over time, making them suitable only for short-term hedging.

↩️ Inverse ETFs — Negative Beta is normal

Because they move opposite to the index, a negative Beta or one near −1 is expected. Volatility is similar to the underlying index. These are intended for short-term hedging and are unsuitable for long-term holding.

Average daily range (last 1 month)

상위 25%

±0.09%

S&P 500 typically ±1.0~1.3% · Bond funds ±0.3% · Leveraged ETFs ±3% or more

Annual volatility trend (past 10 years)

ℹ️ This ETF's average daily price swing. 1% means "on average, moves about ±1% per day." The rolling curve below shows the annualized volatility (long-term standard measure) over time.

Max Drawdown · Past 10 years

-0.6%

Drawdown duration: 0 months

2025-10-21 → 2025-10-22

Recovered in about 62 days

2025-10-21 Worst -5% 2026-07-01

ℹ️ Maximum drawdown is the largest peak-to-trough decline in the past. It represents the worst-case loss a long-term investor must psychologically endure.

Sharpe Ratio (Risk-Adjusted Return)

-1.25

Poor — Underperforms the risk-free rate

ℹ️ Annualized return minus the risk-free rate (3% annualized), divided by annualized volatility. A value above 1.0 is generally considered good risk-adjusted performance.

Dividend Analysis

Yield · Dividend history · After-tax income calculator

Inverse ETF distribution — 2.13% annually

This product is designed for directional hedging and has little to do with dividend income.

ℹ️ Inverse ETFs are not designed for dividend income, and even when they pay distributions, structural decay can offset them.

배당수익률

2.13%

주당 배당

$0.56

연간 기준

5년 성장률

지급 주기

분기배당

2월 · 3월 · 4월 · 11월 · 12월

📊 총 이력 2025~2026 (6건)

연도별 배당 총액 추이

주당 배당금을 연 단위로 합산한 금액입니다. 막대가 우상향이면 매년 배당이 늘어나고 있다는 뜻입니다.

—

2021

—

2022

—

2023

—

2024

$0.17

2025

$X.XX 그 해 총 배당금 +X% 전년 대비 증가 -X% 감소

최근 배당 이력 총 6건

아래로 스크롤하면 과거 배당 이력을 볼 수 있습니다.

배당락일

주당 금액

지급일

당시 수익률

2026-04-01

$0.067

—

1.39%

2026-03-02

$0.069

—

1.13%

2026-02-02

$0.055

—

0.87%

2025-12-24

$0.067

—

0.66%

2025-12-01

$0.067

—

0.40%

2025-11-03

$0.037

—

0.14%

* "배당락일"은 배당받으려면 이 날 이전에 주식을 보유해야 하는 기준일입니다. 지급일·당시 수익률은 일부 종목에서 데이터가 없을 수 있습니다.

💰 내가 $100K 투자한다면

연간 배당금 (세후) $2K

5년 누적 (세후) $9K

* 환율 1 가정, 배당소득세 15% 반영. 5년 누적은 배당 성장률 연 0% 가정.

* Qualified dividend middle-bracket approximation. Actual rate varies by total income.

Overall investment appeal

What this ETF fits best — strengths, weaknesses, and target investor profile

Designed for short-term trading Not recommended for long-term investing, but suitable for short-term trading and hedging.

⚠️ Short-term hedge that moves opposite to the market. Time decay causes losses to accumulate on long holds.

🎯 목적별 적합도

내가 이 ETF를 어떤 목적으로 활용할 수 있는지 확인하세요.

🌳

장기 보유

수년 이상 꾸준히 모아갈 때

부적합

💵

배당 인컴

매월·분기 현금흐름이 목적일 때

부적합

⚡

단기 트레이딩

며칠~몇 주 단기 방향성 매매

매우 적합

🧩

포트폴리오 보조

자산 배분·헤지 용도

매우 낮음

👤

이런 분에게 어울려요

For short-term hedging and downside bets

✅ 강점

🛡️Below-average volatility

⚠️ 약점·주의사항

🔄Inverse — time decay losses accumulate the longer you hold

Category Peers

Category: Bonds - Municipal

같은 카테고리 6종 중 AUM 6/6위 · 보수율 4/6위

카테고리: Bonds - Municipal

ℹ️ 왜 비교해야 하나요?

같은 카테고리 ETF끼리는 보수율·규모(AUM)·배당률을 비교해 볼 가치가 있어요. 보수율은 낮을수록 장기 수익에 유리하고, AUM이 크면 운용 안정성이 높아요. ▲ 표시는 AMUN보다 유리, ▼ 표시는 AMUN보다 불리를 뜻해요.

티커	ETF명	보수율	AUM	보유종목	배당률	YTD	1년
AMUN	abrdn Ultra Short Municipal Income Active ETF	0.25%	$53M	53	2.13%	+0.02%	-
JMST	JPMorgan Ultra-Short Municipal Income ETF	0.18% ▲	$7.1B ▲	1626	2.62% ▲	-	-0.13%
MEAR	iShares Short Maturity Municipal Bond Active ETF	0.26% ▼	$1.4B ▲	348	2.83% ▲	-	-0.18%
SHYD	VanEck Short High Yield Muni ETF	0.32% ▼	$451M ▲	580	3.61% ▲	-	+0.98%
SMB	VanEck Short Muni ETF	0.07% ▲	$312M ▲	326	2.76% ▲	-	-0.14%
PUSH	PGIM Ultra Short Municipal Bond ETF	0.15% ▲	$107M ▲	285	3.22% ▲	-	+0.04%

AUM 내림차순 정렬 · ▲ AMUN보다 유리 · ▼ AMUN보다 불리

Leveraged & Covered Call ETFs on the Same Theme

ETFs that approach the same theme with a different strategy

9 ETFs tracking the same theme as AMUN using leveraged or covered call strategies (Leverage 2 · Inverse 3 · Covered Call 4)

Not direct derivatives of AMUN, but ETFs that cover the same theme via a different strategy.

ℹ️ Which ETFs are included?

Among ETFs whose theme (category or sector) overlaps with AMUN, some use special strategies. Leveraged ETFs aim for 2–3× the daily move, Inverse ETFs seek opposite-direction returns, and Covered Call ETFs generate monthly income from option premiums.

⚠️ Caution: Long-Term Holding

Leveraged and inverse ETFs track only the daily return. With high volatility, holding them for longer periods causes cumulative volatility decay—returns diverge further from the underlying index. They are meant for short-term trading.

📈 Leverage 2 ETFs that amplify the same theme by 2-3x (high volatility)