HYD: VanEck High Yield Muni ETF
About
HYD was created on 2009-02-04 by VanEck. The fund's investment portfolio concentrates primarily on high yield fixed income. The ETF currently has 3123.44m in AUM and 1460 holdings. HYD tracks a market value-weighted index of high-yield", tax-exempt US municipal bonds.
Current Value
$52.231 Year Return
Current Value
$52.231 Year Return
Key Details
Assets Under Management
$3.18B
Div Yield %
4.24%
P/E Ratio
-
Net Asset Value
$52.25
Expense Ratio
0.32%
1Y ETF Return
0.09%
Strategies that include HYD
Stock's related to HYD
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| TFSL | 26.55% | $3.98B | +4.34% | 7.99% |
| GMS | 26.52% | $3.90B | +50.71% | 0.00% |
| TILE | 26.51% | $1.45B | +150.00% | 0.16% |
| RY | 26.51% | $173.56B | +40.55% | 3.32% |
| ENV | 26.45% | $3.49B | +69.46% | 0.00% |
| VRE | 26.44% | $1.70B | +35.93% | 1.29% |
| VSTO | 26.43% | $2.58B | +71.61% | 0.00% |
| TROW | 26.43% | $26.20B | +21.60% | 4.19% |
| NHI | 26.43% | $3.54B | +45.26% | 4.65% |
| NXDT | 26.42% | $218.01M | -37.42% | 11.58% |
| TECH | 26.41% | $10.55B | +4.49% | 0.48% |
| AVB | 26.38% | $32.63B | +34.34% | 2.94% |
| UMH | 26.35% | $1.54B | +39.30% | 4.39% |
| NDSN | 26.35% | $14.29B | +7.03% | 1.12% |
| HOV | 26.33% | $1.04B | +91.97% | 0.00% |
| MBC | 26.32% | $2.11B | +28.58% | 0.00% |
| JHX | 26.31% | $15.44B | +11.44% | 0.00% |
| UPBD | 26.30% | $1.77B | +9.09% | 4.57% |
| TY | 26.29% | - | - | 3.32% |
| DAN | 26.29% | $1.14B | -38.75% | 5.12% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| FWONK | -<0.01% | $20.20B | +25.99% | 0.00% |
| LICY | <0.01% | $53.41M | -60.56% | 0.00% |
| NR | 0.02% | $620.19M | +0.14% | 0.00% |
| NVGS | -0.02% | $1.12B | +8.76% | 1.24% |
| MUR | 0.03% | $4.74B | -23.99% | 3.70% |
| LITB | 0.03% | $35.48M | -75.45% | 0.00% |
| TEVA | 0.05% | $19.05B | +81.34% | 0.00% |
| NATR | 0.06% | $295.06M | -7.42% | 0.00% |
| VIRT | -0.06% | $3.17B | +110.38% | 2.60% |
| RRC | -0.07% | $8.29B | +4.16% | 0.92% |
| CAPR | 0.09% | $839.37M | +532.19% | 0.00% |
| PRDO | -0.13% | $1.73B | +56.77% | 1.74% |
| DVA | 0.14% | $12.87B | +60.92% | 0.00% |
| SFM | 0.15% | $14.34B | +254.87% | 0.00% |
| HES | 0.17% | $45.06B | +1.32% | 1.24% |
| THG | -0.18% | $5.88B | +36.24% | 2.08% |
| EXEL | 0.20% | $9.83B | +62.16% | 0.00% |
| CANG | 0.21% | $253.50M | +212.50% | 0.00% |
| ZIMV | 0.22% | $363.48M | +47.32% | 0.00% |
| XPO | -0.22% | $16.97B | +63.79% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| IBKR | -29.20% | $20.20B | +131.83% | 0.37% |
| FCNCA | -26.01% | $31.02B | +54.47% | 0.30% |
| HQY | -25.94% | $8.97B | +52.15% | 0.00% |
| UNM | -25.83% | $13.16B | +69.20% | 2.16% |
| AFL | -22.89% | $61.74B | +35.69% | 1.35% |
| WTTR | -22.36% | $1.45B | +92.87% | 1.78% |
| LPLA | -21.65% | $23.55B | +38.13% | 0.38% |
| ACGL | -18.72% | $36.00B | +16.84% | 0.00% |
| NGS | -16.92% | $320.33M | +71.20% | 0.00% |
| CNA | -16.88% | $13.16B | +23.03% | 3.61% |
| TRMD | -14.99% | $2.31B | -24.74% | 25.24% |
| CHRW | -14.80% | $12.89B | +32.52% | 2.24% |
| ALL | -14.54% | $52.06B | +45.67% | 1.85% |
| X | -13.72% | $8.76B | +13.32% | 0.51% |
| ORI | -13.57% | $9.50B | +30.74% | 2.77% |
| TPST | -13.57% | $37.75M | -77.59% | 0.00% |
| LPTH | -13.50% | $62.27M | +33.05% | 0.00% |
| CYD | -13.46% | $364.46M | -2.94% | 4.26% |
| PGR | -13.41% | $149.10B | +57.29% | 0.45% |
| LRN | -13.01% | $4.43B | +74.97% | 0.00% |
ETF's related to HYD
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| MUNI | 81.92% | $1.73B | 0.35% |
| FMB | 81.64% | $2.03B | 0.65% |
| HTAB | 80.99% | $437.10M | 0.4% |
| CGMU | 80.09% | $2.53B | 0.27% |
| HYMB | 79.14% | $2.81B | 0.35% |
| FMHI | 77.85% | $747.15M | 0.7% |
| AGGY | 76.24% | $926.64M | 0.12% |
| IBTJ | 76.24% | $379.57M | 0.07% |
| BGRN | 76.10% | $389.17M | 0.2% |
| BAB | 75.92% | $1.06B | 0.28% |
| IBDU | 75.56% | $1.95B | 0.1% |
| HTRB | 75.51% | $1.92B | 0.29% |
| UTEN | 75.46% | $149.75M | 0.15% |
| IBDV | 75.46% | $1.39B | 0.1% |
| BSCU | 75.41% | $1.03B | 0.1% |
| IBDW | 75.39% | $1.18B | 0.1% |
| IBTK | 75.38% | $282.33M | 0.07% |
| BBAG | 75.34% | $1.66B | 0.03% |
| UITB | 75.05% | $2.36B | 0.38% |
| FLGV | 74.89% | $850.15M | 0.09% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| IXC | -0.08% | $2.20B | 0.41% |
| UNG | 0.22% | $908.80M | 1.06% |
| CLOI | 0.24% | $715.40M | 0.4% |
| PXE | -0.42% | $117.58M | 0.63% |
| DBA | -0.46% | $755.88M | 0.93% |
| IEZ | -0.49% | $153.88M | 0.4% |
| XOP | 0.59% | $2.58B | 0.35% |
| ICLO | 0.67% | $209.30M | 0.2% |
| IYE | -0.79% | $1.35B | 0.39% |
| FXN | 0.87% | $416.11M | 0.62% |
| FLOT | -1.15% | $7.31B | 0.15% |
| RSPG | -1.30% | $544.63M | 0.4% |
| WEAT | -1.39% | $120.27M | 0.28% |
| OIH | 1.43% | $1.69B | 0.35% |
| DEFI | -1.60% | $13.58M | 0.94% |
| FTGC | -1.87% | $2.17B | 1.02% |
| GCC | 1.87% | $133.23M | 0.55% |
| VDE | -1.89% | $8.33B | 0.1% |
| KIE | 1.92% | $956.77M | 0.35% |
| BCI | 1.94% | $1.20B | 0.26% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| UUP | -46.59% | $309.25M | 0.77% |
| USDU | -45.46% | $201.97M | 0.5% |
| CTA | -39.66% | $350.27M | 0.78% |
| BTAL | -27.01% | $388.04M | 1.43% |
| DBMF | -22.40% | $1.02B | 0.85% |
| EQLS | -15.83% | $76.08M | 1% |
| JBBB | -14.33% | $1.26B | 0.49% |
| PBDC | -13.95% | $114.81M | 13.94% |
| DBE | -13.59% | $50.13M | 0.77% |
| DBJP | -13.25% | $399.93M | 0.45% |
| AGZD | -12.99% | $142.76M | 0.23% |
| FLJH | -12.94% | $74.69M | 0.09% |
| DBO | -12.79% | $217.57M | 0.77% |
| IAK | -12.01% | $760.79M | 0.39% |
| HEWJ | -11.95% | $347.32M | 0.5% |
| PXJ | -11.15% | $42.76M | 0.66% |
| CSHI | -10.93% | $482.85M | 0.38% |
| KMLM | -10.74% | $353.87M | 0.9% |
| TBLL | -10.68% | $1.92B | 0.08% |
| KRBN | -10.59% | $242.47M | 0.85% |
News
SeekingAlpha
Results varied at the sector level on a total-return basis, but all spread products enjoyed positive excess returns versus Treasurys. Click to read.
SeekingAlpha
In recent years, valuations across both equity and high yield credit markets have increased markedly and have become a key focal point. Click to read.
SeekingAlpha
Central banks across the US, UK and Europe have shifted to an easing phase, signaling a change in the credit cycle. Read more here.
SeekingAlpha
Stay cautious in high valuation markets, focus on dividend growth for stability.
SeekingAlpha
With inflation cooling and the Federal Reserve transitioning from rate hikes to a cycle of rate cuts, bonds are poised to perform well in 2025.
SeekingAlpha
Positive economic news, including a strong payrolls report, pushed Treasury yields back above 4%. Click to read.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.