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BlackRock High Yield Muni Income Bond ETF (HYMU)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

Issuer

BlackRock

Inception Date

Mar 16, 2021

Region

North America (U.S.)

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.


Expense ratio chart for HYMU: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

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. TFI HYMU vs. FMHI HYMU vs. RVNU HYMU vs. QVML HYMU vs. MFLX HYMU vs. VKQ HYMU vs. MLN HYMU vs. FEQIX HYMU vs. CCRV
Popular comparisons:
HYMU vs. PZA HYMU vs. TFI HYMU vs. FMHI HYMU vs. RVNU 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.


-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
1.79%
9.66%
HYMU (BlackRock High Yield Muni Income Bond ETF)
Benchmark (^GSPC)

Returns By Period

BlackRock High Yield Muni Income Bond ETF had a return of 6.76% year-to-date (YTD) and 7.25% in the last 12 months.


HYMU

YTD

6.76%

1M

-0.99%

6M

1.79%

1Y

7.25%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

25.25%

1M

0.08%

6M

9.66%

1Y

25.65%

5Y*

13.17%

10Y*

11.11%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.04%0.60%1.63%-0.92%1.44%1.45%1.91%0.51%1.02%-1.22%2.04%6.76%
20234.52%-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%
20210.60%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 60, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of HYMU is 6060
Overall Rank
The Sharpe Ratio Rank of HYMU is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of HYMU is 6464
Sortino Ratio Rank
The Omega Ratio Rank of HYMU is 6464
Omega Ratio Rank
The Calmar Ratio Rank of HYMU is 4040
Calmar Ratio Rank
The Martin Ratio Rank of HYMU is 6969
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


Sharpe ratio
The chart of Sharpe ratio for HYMU, currently valued at 1.34, compared to the broader market0.002.004.001.342.07
The chart of Sortino ratio for HYMU, currently valued at 1.92, compared to the broader market-2.000.002.004.006.008.0010.001.922.76
The chart of Omega ratio for HYMU, currently valued at 1.25, compared to the broader market0.501.001.502.002.503.001.251.39
The chart of Calmar ratio for HYMU, currently valued at 0.65, compared to the broader market0.005.0010.0015.000.653.05
The chart of Martin ratio for HYMU, currently valued at 8.46, compared to the broader market0.0020.0040.0060.0080.00100.008.4613.27
HYMU
^GSPC

The current BlackRock High Yield Muni Income Bond ETF Sharpe ratio is 1.34. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of BlackRock High Yield Muni Income Bond ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.34
2.07
HYMU (BlackRock High Yield Muni Income Bond ETF)
Benchmark (^GSPC)

Dividends

Dividend History

BlackRock High Yield Muni Income Bond ETF provided a 4.36% dividend yield over the last twelve months, with an annual payout of $0.99 per share. The fund has been increasing its distributions for 2 consecutive years.


3.00%3.50%4.00%$0.00$0.20$0.40$0.60$0.80$1.00202120222023
Dividends
Dividend Yield
PeriodTTM202320222021
Dividend$0.99$0.96$0.85$0.77

Dividend yield

4.36%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.09$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.17$0.99
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.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.75%
-1.91%
HYMU (BlackRock High Yield Muni Income Bond ETF)
Benchmark (^GSPC)

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 2.75%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-22.55%Jul 20, 2021320Oct 24, 2022
-0.71%Jun 11, 202111Jun 25, 20215Jul 2, 202116
-0.27%Apr 16, 20212Apr 19, 20213Apr 22, 20215
-0.13%Apr 29, 20213May 3, 20212May 5, 20215
-0.12%May 11, 20212May 12, 20211May 13, 20213

Volatility

Volatility Chart

The current BlackRock High Yield Muni Income Bond ETF volatility is 1.57%, 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.


1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
1.57%
3.82%
HYMU (BlackRock High Yield Muni Income Bond ETF)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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