iShares Short Duration High Yield Muni Active ETF (SHYM) Alternatives

iShares Short Duration High Yield Muni Active ETF (SHYM) 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 SHYM. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to SHYM

SHYM charges 0.35% annually. Among ETFs in the High Yield Muni category, these options have the lowest expense ratios among SHYM alternatives.

Symbol	Name	Expense Ratio	Inception
CGHM	Capital Group Municipal High-Income ETF	0.34%	Jun 25, 2024	SHYM vs CGHM
HYMU	BlackRock High Yield Muni Income Bond ETF	0.35%	Mar 16, 2021	SHYM vs HYMU
NHYM	Nuveen High Yield Municipal Income ETF	0.35%	Jan 22, 2025	SHYM vs NHYM
FTMH	Franklin Municipal High Yield ETF	0.35%	May 22, 2018	SHYM vs FTMH
JMHI	JPMorgan High Yield Municipal ETF	0.35%	Jul 14, 2023	SHYM vs JMHI

Best Risk-Adjusted Alternatives to SHYM

Among ETFs in the High Yield Muni category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
CGHM	Capital Group Municipal High-Income ETF	46	Jun 25, 2024	SHYM vs CGHM
JMHI	JPMorgan High Yield Municipal ETF	34	Jul 14, 2023	SHYM vs JMHI
XMPT	VanEck CEF Municipal Income ETF	34	Jul 12, 2011	SHYM vs XMPT
NHYM	Nuveen High Yield Municipal Income ETF	25	Jan 22, 2025	SHYM vs NHYM
HIMU	iShares High Yield Muni Active ETF	19	Feb 7, 2025	SHYM vs HIMU

Top Performing SHYM Alternatives (YTD)

SHYM alternatives from the High Yield Muni category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
FTMH	Franklin Municipal High Yield ETF	0.39%	May 22, 2018	SHYM vs FTMH
CGHM	Capital Group Municipal High-Income ETF	0.35%	Jun 25, 2024	SHYM vs CGHM
NHYM	Nuveen High Yield Municipal Income ETF	0.27%	Jan 22, 2025	SHYM vs NHYM
JMHI	JPMorgan High Yield Municipal ETF	-0.13%	Jul 14, 2023	SHYM vs JMHI
HYMU	BlackRock High Yield Muni Income Bond ETF	-0.21%	Mar 16, 2021	SHYM vs HYMU

Lowest Volatility Alternatives to SHYM

SHYM alternatives from the High Yield Muni category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
FTMH	Franklin Municipal High Yield ETF	3.88%	May 22, 2018	SHYM vs FTMH
JMHI	JPMorgan High Yield Municipal ETF	4.50%	Jul 14, 2023	SHYM vs JMHI
CGHM	Capital Group Municipal High-Income ETF	4.97%	Jun 25, 2024	SHYM vs CGHM
NHYM	Nuveen High Yield Municipal Income ETF	6.38%	Jan 22, 2025	SHYM vs NHYM
HYMU	BlackRock High Yield Muni Income Bond ETF	7.93%	Mar 16, 2021	SHYM vs HYMU

Lowest Drawdown Alternatives to SHYM

SHYM alternatives from the High Yield Muni category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
JMHI	JPMorgan High Yield Municipal ETF	-3.97%	Jul 14, 2023	SHYM vs JMHI
CGHM	Capital Group Municipal High-Income ETF	-4.98%	Jun 25, 2024	SHYM vs CGHM
NHYM	Nuveen High Yield Municipal Income ETF	-5.52%	Jan 22, 2025	SHYM vs NHYM
XMPT	VanEck CEF Municipal Income ETF	-6.64%	Jul 12, 2011	SHYM vs XMPT
HYMU	BlackRock High Yield Muni Income Bond ETF	-6.78%	Mar 16, 2021	SHYM vs HYMU

Other ETFs from iShares

Most popular iShares ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	0.86%	May 26, 2020	SHYM vs SGOV
IBIT	iShares Bitcoin Trust ETF	Cryptocurrency	6	-22.62%	Jan 5, 2024	SHYM vs IBIT
IVV	iShares Core S&P 500 ETF	S&P 500	65	-4.38%	May 15, 2000	SHYM vs IVV
TLT	iShares 20+ Year Treasury Bond ETF	Government Bonds, Long-Term Bond	12	0.17%	Jul 22, 2002	SHYM vs TLT
DGRO	iShares Core Dividend Growth ETF	Large Cap Growth Equities, Dividend	69	1.57%	Jun 10, 2014	SHYM vs DGRO
SLV	iShares Silver Trust	Precious Metals	89	5.77%	Apr 21, 2006	SHYM vs SLV
SOXX	iShares Semiconductor ETF	Semiconductors, Technology Equities	92	9.20%	Jul 10, 2001	SHYM vs SOXX
IAU	iShares Gold Trust	Gold, Precious Metals	87	8.61%	Jan 21, 2005	SHYM vs IAU
IWM	iShares Russell 2000 ETF	Small Cap Blend Equities	69	0.93%	May 22, 2000	SHYM vs IWM
ACWI	iShares MSCI ACWI ETF	Large Cap Growth Equities	75	-2.21%	Mar 26, 2008	SHYM vs ACWI

Often Compared With SHYM

What investors most often compare with SHYM, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
INMU	BlackRock Intermediate Muni Income Bond ETF	Municipal Bonds	60	-0.03%	Mar 16, 2021	SHYM vs INMU
MUB	iShares National AMT-Free Muni Bond ETF	Municipal Bonds	54	-0.37%	Sep 7, 2007	SHYM vs MUB
USFR	WisdomTree Bloomberg Floating Rate Treasury Fund	Government Bonds	100	0.93%	Feb 4, 2014	SHYM vs USFR
HYD	VanEck Vectors High-Yield Municipal Index ETF	Municipal Bonds	24	-1.23%	Feb 4, 2009	SHYM vs HYD
SLQD	iShares 0-5 Year Investment Grade Corporate Bond E...	Corporate Bonds	97	0.29%	Oct 15, 2013	SHYM vs SLQD
HYMB	SPDR Nuveen Bloomberg Barclays High Yield Municipa...	Municipal Bonds	27	0.18%	Apr 13, 2011	SHYM vs HYMB
SCMB	Schwab Municipal Bond ETF	Municipal Bonds	49	-0.51%	Oct 11, 2022	SHYM vs SCMB
JMUB	JPMorgan Municipal ETF	Municipal Bonds	56	-0.44%	Oct 29, 2018	SHYM vs JMUB
VSDM	Vanguard Short Duration Tax-Exempt Bond ETF	Municipal Bonds	90	0.30%	Nov 21, 2024	SHYM vs VSDM
NVHIX	Nuveen Short Duration High Yield Municipal Bond Fu...	High Yield Muni	28	-0.04%	Jan 31, 2013	SHYM vs NVHIX

Compare SHYM with Any Fund or Stock

Compare SHYM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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iShares Short Duration High Yield Muni Active ETF

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