VanEck Vectors High-Yield Municipal Index ETF (HYD)
HYD is a passive ETF by VanEck tracking the investment results of the Bloomberg Barclays Municipal Custom High Yield Composite Index. HYD launched on Feb 4, 2009 and has a 0.35% expense ratio.
ETF Info
ISIN | US92189H4092 |
---|---|
CUSIP | 92189H409 |
Issuer | VanEck |
Inception Date | Feb 4, 2009 |
Region | North America (U.S.) |
Category | Municipal Bonds |
Index Tracked | Bloomberg Barclays Municipal Custom High Yield Composite Index |
Home Page | www.vaneck.com |
Asset Class | Bond |
Expense Ratio
The VanEck Vectors High-Yield Municipal Index ETF has a high expense ratio of 0.35%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in VanEck Vectors High-Yield Municipal Index ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
VanEck Vectors High-Yield Municipal Index ETF had a return of 0.59% year-to-date (YTD) and 4.28% in the last 12 months. Over the past 10 years, VanEck Vectors High-Yield Municipal Index ETF had an annualized return of 2.75%, while the S&P 500 had an annualized return of 10.55%, indicating that VanEck Vectors High-Yield Municipal Index ETF did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 0.59% | 6.33% |
1 month | -1.07% | -2.81% |
6 months | 9.72% | 21.13% |
1 year | 4.28% | 24.56% |
5 years (annualized) | -0.09% | 11.55% |
10 years (annualized) | 2.75% | 10.55% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.37% | 0.64% | 0.91% | |||||||||
2023 | -3.05% | -2.17% | 6.04% | 2.93% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
VanEck Vectors High-Yield Municipal Index ETF(HYD)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for VanEck Vectors High-Yield Municipal Index ETF (HYD) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
VanEck Vectors High-Yield Municipal Index ETF granted a 4.20% dividend yield in the last twelve months. The annual payout for that period amounted to $2.16 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $2.16 | $2.13 | $2.00 | $2.19 | $2.47 | $2.61 | $2.71 | $2.68 | $2.72 | $2.98 | $3.07 | $3.58 |
Dividend yield | 4.20% | 4.13% | 3.96% | 3.50% | 4.01% | 4.08% | 4.43% | 4.29% | 4.58% | 4.82% | 4.98% | 6.34% |
Monthly Dividends
The table displays the monthly dividend distributions for VanEck Vectors High-Yield Municipal Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.19 | $0.17 | |||||||||
2023 | $0.00 | $0.18 | $0.16 | $0.19 | $0.16 | $0.17 | $0.17 | $0.18 | $0.18 | $0.20 | $0.19 | $0.34 |
2022 | $0.00 | $0.18 | $0.16 | $0.17 | $0.17 | $0.15 | $0.19 | $0.17 | $0.16 | $0.16 | $0.18 | $0.32 |
2021 | $0.00 | $0.20 | $0.18 | $0.19 | $0.18 | $0.19 | $0.17 | $0.18 | $0.19 | $0.18 | $0.18 | $0.34 |
2020 | $0.00 | $0.21 | $0.20 | $0.24 | $0.21 | $0.22 | $0.19 | $0.19 | $0.21 | $0.21 | $0.20 | $0.39 |
2019 | $0.00 | $0.22 | $0.20 | $0.22 | $0.22 | $0.23 | $0.22 | $0.22 | $0.23 | $0.22 | $0.21 | $0.42 |
2018 | $0.00 | $0.22 | $0.21 | $0.23 | $0.23 | $0.22 | $0.21 | $0.23 | $0.22 | $0.22 | $0.24 | $0.46 |
2017 | $0.00 | $0.23 | $0.21 | $0.23 | $0.22 | $0.23 | $0.22 | $0.20 | $0.22 | $0.24 | $0.23 | $0.45 |
2016 | $0.00 | $0.23 | $0.22 | $0.23 | $0.23 | $0.23 | $0.21 | $0.21 | $0.22 | $0.22 | $0.22 | $0.50 |
2015 | $0.00 | $0.26 | $0.25 | $0.27 | $0.24 | $0.25 | $0.25 | $0.26 | $0.25 | $0.25 | $0.24 | $0.47 |
2014 | $0.00 | $0.28 | $0.30 | $0.27 | $0.24 | $0.24 | $0.25 | $0.26 | $0.25 | $0.24 | $0.24 | $0.49 |
2013 | $0.28 | $0.25 | $0.30 | $0.26 | $0.28 | $0.31 | $0.30 | $0.30 | $0.27 | $0.29 | $0.75 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the VanEck Vectors High-Yield Municipal Index ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the VanEck Vectors High-Yield Municipal Index ETF was 35.60%, occurring on Mar 18, 2020. Recovery took 298 trading sessions.
The current VanEck Vectors High-Yield Municipal Index ETF drawdown is 10.58%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-35.6% | Feb 27, 2020 | 15 | Mar 18, 2020 | 298 | May 24, 2021 | 313 |
-20.72% | Aug 4, 2021 | 309 | Oct 24, 2022 | — | — | — |
-15.48% | May 28, 2013 | 74 | Sep 10, 2013 | 272 | Oct 8, 2014 | 346 |
-11.12% | Oct 26, 2010 | 58 | Jan 18, 2011 | 136 | Aug 2, 2011 | 194 |
-10.52% | Sep 8, 2016 | 60 | Dec 1, 2016 | 168 | Aug 3, 2017 | 228 |
Volatility
Volatility Chart
The current VanEck Vectors High-Yield Municipal Index ETF volatility is 1.39%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.