SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF (HYMB) belongs to the Municipal Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HYMB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HYMB
HYMB charges 0.35% annually. There are 100 ETFs in the Municipal Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab Municipal Bond ETF | 0.03% | 3.92B | Oct 2022 | HYMB vs SCMB | |
| Vanguard Tax-Exempt Bond ETF | 0.03% | 47.60B | Aug 2015 | HYMB vs VTEB | |
| Fidelity Systematic Municipal Bond Index ETF | 0.05% | 180.62M | Jul 2019 | HYMB vs FMUN | |
| Northern Trust Intermediate Tax-Exempt Bond ETF | 0.05% | 153.73M | Aug 2025 | HYMB vs TAXI | |
| Northern Trust Short-Term Tax-Exempt Bond ETF | 0.05% | 116.60M | Aug 2025 | HYMB vs TAXS |
Best Risk-Adjusted Alternatives to HYMB
HYMB has a PortfoliosLab risk / return rank of 61. There are 95 ETFs in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street My2027 Municipal Bond ETF | 98 | 9.88M | Sep 2024 | HYMB vs MYMG | |
| First Trust Ultra Short Duration Municipal ETF | 97 | 246.08M | Nov 2018 | HYMB vs FUMB | |
| State Street My2026 Municipal Bond ETF | 97 | 8.74M | Sep 2024 | HYMB vs MYMF | |
| iShares Short Maturity Municipal Bond ETF | 96 | 1.39B | Mar 2015 | HYMB vs MEAR | |
| Goldman Sachs Ultra Short Municipal Income ETF | 95 | 38.99M | Jul 2024 | HYMB vs GUMI |
Top Performing HYMB Alternatives (YTD)
HYMB is at 3.60% YTD. There are 6 ETFs in the Municipal Bonds category with higher YTD returns, going as high as 4.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers Municipal Infrastructure Revenue Bond ET... | 4.59% | 142.76M | Jun 2013 | HYMB vs RVNU | |
| First Trust Flexible Municipal High Income ETF | 4.35% | 19.03M | Sep 2016 | HYMB vs MFLX | |
| T. Rowe Price High Income Municipal ETF | 4.16% | 25.43M | Nov 2025 | HYMB vs THYM | |
| Rareview Tax Advantaged Income ETF | 3.87% | 18.13M | Oct 2020 | HYMB vs RTAI | |
| Overlay Shares Municipal Bond ETF | 3.68% | 30.60M | Sep 2019 | HYMB vs OVM |
Lowest Volatility Alternatives to HYMB
HYMB has 4.04% 1-year volatility. There are 121 ETFs in the Municipal Bonds category with lower 1-year volatility, going as low as 0.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| F/m Ultrashort Tax-Free Municipal ETF | 0.54% | 30.59M | Sep 2025 | HYMB vs ZMUN | |
| State Street My2026 Municipal Bond ETF | 0.73% | 8.74M | Sep 2024 | HYMB vs MYMF | |
| iShares Short-Term California Muni Active ETF | 0.75% | 398.45M | Oct 2007 | HYMB vs CALI | |
| First Trust Ultra Short Duration Municipal ETF | 0.78% | 246.08M | Nov 2018 | HYMB vs FUMB | |
| Allspring Ultra Short Municipal ETF | 0.78% | 30.06M | Jul 2025 | HYMB vs AUSM |
Lowest Drawdown Alternatives to HYMB
HYMB has a 1-year max drawdown of -3.11%. There are 89 ETFs in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as -0.22%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Ultra Short Duration Municipal ETF | -0.22% | 246.08M | Nov 2018 | HYMB vs FUMB | |
| Invesco BulletShares 2026 Municipal Bond ETF | -0.33% | 290.51M | Sep 2019 | HYMB vs BSMQ | |
| Goldman Sachs Ultra Short Municipal Income ETF | -0.36% | 38.99M | Jul 2024 | HYMB vs GUMI | |
| State Street My2027 Municipal Bond ETF | -0.36% | 9.88M | Sep 2024 | HYMB vs MYMG | |
| iShares iBonds Dec 2026 Term Muni Bond ETF | -0.38% | 587.10M | Apr 2019 | HYMB vs IBMO |
Other ETFs from State Street
The 10 most viewed State Street ETFs shown here include SPY, GLD, XLK and span 10 categories. AUM among these funds goes as high as $765B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | S&P 500 | 60 | 8.10% | 765.27B | Jan 1993 | HYMB vs SPY | |
| SPDR Gold Shares | Gold, Precious Metals | 21 | -7.67% | 138.96B | Nov 2004 | HYMB vs GLD | |
| State Street Technology Select Sector SPDR ETF | Technology Equities | 66 | 27.45% | 130.33B | Dec 1998 | HYMB vs XLK | |
| State Street SPDR Portfolio S&P 500 Growth ETF | S&P 500, Large Cap Growth Equities | 44 | 8.49% | 52.13B | Sep 2000 | HYMB vs SPYG | |
| State Street SPDR Portfolio S&P 500 High Dividend ... | S&P 500, Dividend | 50 | 12.86% | 7.30B | Oct 2015 | HYMB vs SPYD | |
| State Street Energy Select Sector SPDR ETF | Energy Equities | 44 | 21.47% | 36.84B | Dec 1998 | HYMB vs XLE | |
| SPDR Gold MiniShares Trust | Gold, Precious Metals | 21 | -7.59% | 28.75B | Jun 2018 | HYMB vs GLDM | |
| State Street SPDR Portfolio S&P 500 ETF | S&P 500 | 60 | 8.09% | 148.87B | Nov 2005 | HYMB vs SPYM | |
| State Street Utilities Select Sector SPDR ETF | Utilities Equities | 29 | 8.11% | 22.62B | Dec 1998 | HYMB vs XLU | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | Government Bonds, Ultrashort Bond | 100 | 1.69% | 46.54B | May 2007 | HYMB vs BIL |
Often Compared With HYMB
Investors most often compare HYMB with HYD, HIMU, MUB. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare HYMB with Any Fund or Stock
Compare HYMB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HYMB with funds that move differently
SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HYMB.
Explore HYMB Diversifiers