The Rise of Tax-Free Municipal Bond ETFs

It’s been a record year of growth for ETFs across the board, and while popular investment approaches such as thematics have often taken the stage, there are many ETFs that are quietly scooping up more than their share of the market space. Municipal bonds have shown potential for growth, particularly with the impending infrastructure bill that could see growth in the space, and tax-free municipal bond ETFs have been quietly outperforming and are poised to potentially continue that growth.