Both HYD and HYMB are ETFs. HYD has a lower 5-year return than HYMB (4.09% vs 4.45%). HYD and HYMB have the same expense ratio (0.35%). Below is the comparison between HYD and HYMB.
| HYD | HYMB | |
|---|---|---|
| Security Type | ETF | ETF |
| Finny Score | 75 | 75 |
| Category | N/A | N/A |
| Family | VanEck | State Street Global Advisors |
| Net Assets | N/A | N/A |
| Expense Ratio | 0.35% | 0.35% |
| Management Style | passive (index-based) | passive (index-based) |
| Dividend Yield | N/A | N/A |
| Underlying Index | Bloomberg Barclays Municipal Custom High Yield Composite Index | S&P Municipal Yield Index |
| YTD Return | 2.74% | 2.41% |
| 1-Year Return | 18.40% | 17.86% |
| 3-Year Return | 4.35% | 6.27% |
| 5-Year Return | 4.09% | 4.45% |
| 10-Year Return | 5.79% | 6.38% |
HYD
HYD description
VanEck ETF Trust - VanEck High Yield Muni ETF is an exchange traded fund launched and managed by Van Eck Associates Corporation. The fund invests in the fixed income markets of the United States. It invests in tax-exempt U.S. dollar denominated high yield municipal bonds. It seeks to track the performance of the ICE Broad High Yield Crossover Municipal Index, by using representative sampling technique. VanEck ETF Trust - VanEck High Yield Muni ETF was formed on February 4, 2009 and is domiciled in the United States.
HYD performance & returns
| YTD Return | 2.74% |
| 1-Month Return | 1.04% |
| 3-Month Return | 0.52% |
| 1-Year Return | 18.40% |
| 3-Year Return | 4.35% |
| 5-Year Return | 4.09% |
| 10-Year Return | 5.79% |
HYD holdings
Top 10 Holdings (8.45% of Total Assets)
| Name | Symbol | % Assets |
|---|---|---|
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | N/A | 2.53% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | N/A | 0.88% |
| FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 6.5% | N/A | 0.79% |
| FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 7.375% | N/A | 0.73% |
| FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 7.38% | N/A | 0.68% |
| NEW YORK LIBERTY DEV CORP LIBERTY REV 5% | N/A | 0.65% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75% | N/A | 0.60% |
| CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REV 5% | N/A | 0.60% |
| METROPOLITAN PIER & EXPOSITION AUTH ILL REV 4% | N/A | 0.50% |
| FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 6.38% | N/A | 0.49% |
HYD pros
The following are HYD strengths from our perspective:
- HYD 3-year return is 4.35%, which is higher than the 3-year return of the benchmark index (Bloomberg Municipal TR USD), -0.49%.
- HYD 5-year return is 4.09%, which is higher than the 5-year return of the benchmark index (Bloomberg Municipal TR USD), 1.17%.
- HYD 10-year return is 5.79%, which is higher than the 10-year return of the benchmark index (Bloomberg Municipal TR USD), 2.27%.
HYD cons
The following are HYD weaknesses from our perspective:
- HYD net assets are $0.00 million. This fund is not a popular choice with retail investors.
Other relevant HYD comparisons
You may also want to check out the following HYD comparisons that investors often look for on Finny
HYMB
HYMB description
SPDR Series Trust - SPDR Nuveen Bloomberg High Yield Municipal Bond ETF is an exchange traded fund launched by State Street Global Advisors, Inc. The fund is co-managed by SSGA Funds Management, Inc. and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund invests in tax-exempt municipal securities issued by U.S. states, the District of Columbia, U.S. territories and local governments or agencies. It invests in U.S. dollar denominated, fixed rate, high yield bonds that are rated as higher than Ba1 by Moody's or BB+ by S&P or Fitch Inc. with a maturity of at least one year. It seeks to track the performance of the Bloomberg Municipal Yield Index, by using representative sampling technique. SPDR Series Trust - SPDR Nuveen Bloomberg High Yield Municipal Bond ETF was formed on April 13, 2011 and is domiciled in the United States.
HYMB performance & returns
| YTD Return | 2.41% |
| 1-Month Return | 1.04% |
| 3-Month Return | 0.48% |
| 1-Year Return | 17.86% |
| 3-Year Return | 6.27% |
| 5-Year Return | 4.45% |
| 10-Year Return | 6.38% |
HYMB holdings
Top 10 Holdings (10.81% of Total Assets)
| Name | Symbol | % Assets |
|---|---|---|
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | N/A | 1.99% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | N/A | 1.37% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75% | N/A | 1.30% |
| FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 7.38% | N/A | 1.01% |
| FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 7.375% | N/A | 0.97% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 0.01% | N/A | 0.95% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.784% | N/A | 0.92% |
| PUERTO RICO COMWLTH 0% | N/A | 0.85% |
| PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5% | N/A | 0.78% |
| CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REV 5% | N/A | 0.67% |
HYMB pros
The following are HYMB strengths from our perspective:
- HYMB 3-year return is 6.27%, which is higher than the 3-year return of the benchmark index (Bloomberg Municipal TR USD), -0.49%.
- HYMB 5-year return is 4.45%, which is higher than the 5-year return of the benchmark index (Bloomberg Municipal TR USD), 1.17%.
- HYMB 10-year return is 6.38%, which is higher than the 10-year return of the benchmark index (Bloomberg Municipal TR USD), 2.27%.
HYMB cons
The following are HYMB weaknesses from our perspective:
- HYMB net assets are $0.00 million. This fund is not a popular choice with retail investors.
Other relevant HYMB comparisons
You may also want to check out the following HYMB comparisons that investors often look for on Finny