HYD
VanEck Vectors High-Yield Municipal Index ETFHYD Fund Description
HYD tracks a market-weighted index of high-yield long-term tax-exempt municipal bonds.
HYD Factset Analytics Insight
HYD leads the high-yield municipal ETF space with an issuer-capped index which produces a different geographic exposure and credit risk profile than the broad market. Compared to our uncapped benchmark, it holds higher-rated bonds with slightly longer average maturity. Ultimately, HYD takes on less credit risk relative to our benchmark, resulting in a lower yield to maturity. The fund earns Analyst Pick for decent if not sterling exposure in a package that's relatively painless to own and easy to trade. While its primary liquidity suffers given nature of the the high yield muni space, its secondary liquidity is strong. It has a low expense ratio but its true holding costs are hard to predict due to uncertain tracking.
HYD CHARTS AND PERFORMANCE
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
HYD Top 10 Countries
HYD Top 10 Sectors
HYD Top 10 Holdings [View All]
HYD Portfolio Data
HYD Index Data
HYD Portfolio Management
HYD Tax Exposures
HYD Fund Structure
HYD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of HYD. HYD is rated a N/A out of 5.
HYD Tradability
HYD Sector/Industry Breakdown
HYD
HYD Top 10 Holdings[View All]
HYD Top 5 Countries
HYD
HYD Top 5 Currencies
HYD
HYD Performance Statistics
HYD HOLDINGS STATISTICS
HYD AVG LIFE MATURITY DISTRIBUTION
HYD OAS BREAKDOWN
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use