BlackRock High Yield Muni Income Bond ETF (HYMU)
HYMU is an actively managed ETF by BlackRock. HYMU launched on Mar 16, 2021 and has a 0.35% expense ratio.
ETF Info
| Issuer | BlackRock |
|---|---|
| Inception Date | Mar 16, 2021 |
| Region | North America (U.S.) |
| Category | High Yield Muni |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
HYMU features an expense ratio of 0.35%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: HYMU vs. PZA, HYMU vs. RVNU, HYMU vs. FMHI, HYMU vs. TFI, HYMU vs. QVML, HYMU vs. MFLX, HYMU vs. VKQ, HYMU vs. MLN, HYMU vs. FEQIX, HYMU vs. CCRV
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BlackRock High Yield Muni Income Bond 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
BlackRock High Yield Muni Income Bond ETF had a return of 6.99% year-to-date (YTD) and 14.09% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.99% | 25.45% |
| 1 month | -0.63% | 2.91% |
| 6 months | 3.89% | 14.05% |
| 1 year | 14.09% | 35.64% |
| 5 years (annualized) | N/A | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of HYMU, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.04% | 0.60% | 1.63% | -0.92% | 1.44% | 1.45% | 1.92% | 0.51% | 1.02% | -1.22% | 6.99% | ||
| 2023 | 4.53% | -3.33% | 1.89% | 1.25% | -1.07% | 1.84% | 0.07% | -1.86% | -3.30% | -2.01% | 8.43% | 3.49% | 9.68% |
| 2022 | -3.37% | -0.48% | -4.67% | -5.32% | 1.78% | -4.77% | 5.70% | -3.13% | -6.59% | -2.27% | 7.38% | -0.47% | -15.96% |
| 2021 | 0.60% | 1.97% | 1.30% | 1.78% | 1.74% | -0.54% | -0.96% | -1.04% | 1.47% | 0.24% | 6.70% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HYMU is 72, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BlackRock High Yield Muni Income Bond ETF (HYMU) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BlackRock High Yield Muni Income Bond ETF provided a 4.21% dividend yield over the last twelve months, with an annual payout of $0.96 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.96 | $0.96 | $0.85 | $0.77 |
Dividend yield | 4.21% | 4.36% | 4.02% | 2.96% |
Monthly Dividends
The table displays the monthly dividend distributions for BlackRock High Yield Muni Income Bond 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.09 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.82 | |
| 2023 | $0.00 | $0.08 | $0.08 | $0.08 | $0.07 | $0.08 | $0.08 | $0.08 | $0.08 | $0.11 | $0.09 | $0.14 | $0.96 |
| 2022 | $0.00 | $0.07 | $0.06 | $0.06 | $0.06 | $0.07 | $0.08 | $0.07 | $0.08 | $0.08 | $0.08 | $0.15 | $0.85 |
| 2021 | $0.04 | $0.05 | $0.05 | $0.06 | $0.06 | $0.07 | $0.07 | $0.38 | $0.77 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the BlackRock High Yield Muni Income Bond 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 BlackRock High Yield Muni Income Bond ETF was 22.55%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current BlackRock High Yield Muni Income Bond ETF drawdown is 2.55%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.55% | Jul 20, 2021 | 320 | Oct 24, 2022 | — | — | — |
| -0.72% | Jun 11, 2021 | 11 | Jun 25, 2021 | 5 | Jul 2, 2021 | 16 |
| -0.27% | Apr 16, 2021 | 2 | Apr 19, 2021 | 3 | Apr 22, 2021 | 5 |
| -0.13% | Apr 29, 2021 | 3 | May 3, 2021 | 2 | May 5, 2021 | 5 |
| -0.12% | May 7, 2021 | 4 | May 12, 2021 | 1 | May 13, 2021 | 5 |
Volatility
Volatility Chart
The current BlackRock High Yield Muni Income Bond ETF volatility is 2.04%, 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.