SHYD
VanEck Vectors Short High-Yield Municipal Index ETFSHYD Fund Description
SHYD tracks a market-value-weighted bond index composed of high-yield municipal bonds with 1-10 years in maturity remaining.
SHYD Factset Analytics Insight
SHYD’s target of high-yield, “short-term” municipal bonds means it holds debt with 1-10 years left to maturity. In the corporate debt space, these would be considered intermediate debt, so investors should be aware that this fund defines "short-term" somewhat differently from its peers. The average weighted maturity is usually around 7 years. Volume is middling and spreads can be wide. The muni market has poor liquidity in general, which can impair both tracking and block liquidity. The fund charges an average fee, though it is pricier than more plain-vanilla funds. Of greater concern is SHYD's erratic tracking, and the fact that it generally lags its index by several times its fee, which could considerably impact holding costs.
SHYD 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
-
SHYD Top 10 Countries
SHYD Top 10 Sectors
SHYD Top 10 Holdings
SHYD Portfolio Data
SHYD Index Data
SHYD Portfolio Management
SHYD Tax Exposures
SHYD Fund Structure
SHYD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SHYD. SHYD is rated a N/A out of 5.
SHYD Tradability
SHYD Sector/Industry Breakdown
SHYD
SHYD Top 10 Holdings
SHYD Top 5 Countries
SHYD
SHYD Top 5 Currencies
SHYD
SHYD Performance Statistics
SHYD HOLDINGS STATISTICS
SHYD AVG LIFE MATURITY DISTRIBUTION
SHYD 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