iShares High Yield Muni Active ETF (HIMU) belongs to the High Yield Muni category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HIMU. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HIMU
HIMU charges 0.42% annually. There are 9 ETFs in the High Yield Muni category with lower expense ratios, going as low as 0.32%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price High Income Municipal ETF | 0.32% | 26.19M | Nov 2025 | HIMU vs THYM | |
| Capital Group Municipal High-Income ETF | 0.34% | 3.23B | Jun 2024 | HIMU vs CGHM | |
| iShares Short Duration High Yield Muni Active ETF | 0.35% | 791.51M | Mar 2021 | HIMU vs SHYM | |
| JPMorgan High Yield Municipal ETF | 0.35% | 291.95M | Jul 2023 | HIMU vs JMHI | |
| Nuveen High Yield Municipal Income ETF | 0.35% | 136.17M | Jan 2025 | HIMU vs NHYM |
Best Risk-Adjusted Alternatives to HIMU
HIMU has a PortfoliosLab risk / return rank of 77. There are 6 ETFs in the High Yield Muni category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Rockefeller Opportunistic Municipal Bond ETF | 93 | 209.80M | Aug 2024 | HIMU vs RMOP | |
| Eaton Vance High Income Municipal ETF | 93 | 57.84M | Feb 2025 | HIMU vs EVYM | |
| Capital Group Municipal High-Income ETF | 91 | 3.23B | Jun 2024 | HIMU vs CGHM | |
| Invesco Rochester High Yield Municipal ETF | 87 | 133.54M | Dec 2022 | HIMU vs IROC | |
| Nuveen High Yield Municipal Income ETF | 86 | 136.17M | Jan 2025 | HIMU vs NHYM |
Top Performing HIMU Alternatives (YTD)
HIMU is at 2.34% YTD. There are 5 ETFs in the High Yield Muni category with higher YTD returns, going as high as 3.13%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Rockefeller Opportunistic Municipal Bond ETF | 3.13% | 209.80M | Aug 2024 | HIMU vs RMOP | |
| Eaton Vance High Income Municipal ETF | 2.72% | 57.84M | Feb 2025 | HIMU vs EVYM | |
| Nomura National High-Yield Municipal Bond ETF | 2.49% | 30.14M | Mar 2025 | HIMU vs HTAX | |
| Invesco Rochester High Yield Municipal ETF | 2.41% | 133.54M | Dec 2022 | HIMU vs IROC | |
| Franklin Municipal High Yield ETF | 2.36% | 565.53M | May 2018 | HIMU vs FTMH |
Lowest Volatility Alternatives to HIMU
HIMU has 4.25% 1-year volatility. There are 9 ETFs in the High Yield Muni category with lower 1-year volatility, going as low as 2.68%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree High Income Laddered Municipal ETF | 2.68% | 5.02M | Apr 2025 | HIMU vs WTMY | |
| iShares Short Duration High Yield Muni Active ETF | 2.80% | 791.51M | Mar 2021 | HIMU vs SHYM | |
| Invesco Rochester High Yield Municipal ETF | 3.07% | 133.54M | Dec 2022 | HIMU vs IROC | |
| Capital Group Municipal High-Income ETF | 3.13% | 3.23B | Jun 2024 | HIMU vs CGHM | |
| JPMorgan High Yield Municipal ETF | 3.24% | 291.95M | Jul 2023 | HIMU vs JMHI |
Lowest Drawdown Alternatives to HIMU
HIMU has a 1-year max drawdown of -3.29%. There are 9 ETFs in the High Yield Muni category with shallower 1-year drawdowns, going as shallow as -2.23%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Short Duration High Yield Muni Active ETF | -2.23% | 791.51M | Mar 2021 | HIMU vs SHYM | |
| Capital Group Municipal High-Income ETF | -2.55% | 3.23B | Jun 2024 | HIMU vs CGHM | |
| Invesco Rochester High Yield Municipal ETF | -2.64% | 133.54M | Dec 2022 | HIMU vs IROC | |
| Rockefeller Opportunistic Municipal Bond ETF | -2.66% | 209.80M | Aug 2024 | HIMU vs RMOP | |
| WisdomTree High Income Laddered Municipal ETF | -2.71% | 5.02M | Apr 2025 | HIMU vs WTMY |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, SOXX and span 14 categories. AUM among these funds goes as high as $869B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 2.11% | 99.95B | May 2020 | HIMU vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 1 | -28.22% | 46.52B | Jan 2024 | HIMU vs IBIT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 90 | 67.84% | 44.69B | Jul 2001 | HIMU vs SOXX | |
| iShares Core S&P 500 ETF | S&P 500 | 67 | 10.13% | 869.20B | May 2000 | HIMU vs IVV | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 91 | 13.39% | 42.77B | Jun 2014 | HIMU vs DGRO | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 9 | -3.49% | 41.54B | Jul 2002 | HIMU vs TLT | |
| iShares Silver Trust | Silver, Precious Metals | 36 | -18.72% | 28.08B | Apr 2006 | HIMU vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 30 | -6.16% | 59.74B | Jan 2005 | HIMU vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 79 | 18.79% | 80.11B | May 2000 | HIMU vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 71 | 11.28% | 32.49B | Mar 2008 | HIMU vs ACWI |
Often Compared With HIMU
Investors most often compare HIMU with HYMB, HYD, VTEB. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare HIMU with Any Fund or Stock
Compare HIMU with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HIMU with funds that move differently
iShares High Yield Muni Active ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HIMU.
Explore HIMU Diversifiers