HYMB vs. RVNU

Last updated Apr 2, 2026

Compare and contrast key facts about SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF (HYMB) and Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU).

HYMB and RVNU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYMB is a passively managed fund by State Street that tracks the performance of the Bloomberg Municipal Yield. It was launched on Apr 13, 2011. RVNU is a passively managed fund by Deutsche Bank that tracks the performance of the Solactive Municipal Infrastructure Revenue Bond Index. It was launched on Jun 4, 2013. Both HYMB and RVNU are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

HYMB vs. RVNU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF (HYMB) and Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU). The values are adjusted to include any dividend payments, if applicable.

HYMB vs. RVNU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HYMB SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF	0.82%	2.04%	5.52%	7.73%	-15.54%	5.16%	3.74%	9.51%	4.91%	3.22%
RVNU Xtrackers Municipal Infrastructure Revenue Bond ETF	1.36%	0.58%	1.46%	11.19%	-16.60%	2.28%	6.54%	10.16%	-0.56%	8.24%

Returns By Period

In the year-to-date period, HYMB achieves a 0.82% return, which is significantly lower than RVNU's 1.36% return. Over the past 10 years, HYMB has outperformed RVNU with an annualized return of 2.52%, while RVNU has yielded a comparatively lower 1.93% annualized return.

HYMB

• 1D: 0.64%
• 1M: -1.35%
• YTD: 0.82%
• 6M: 2.23%
• 1Y: 2.88%
• 3Y*: 4.34%
• 5Y*: 0.49%
• 10Y*: 2.52%

RVNU

• 1D: 0.36%
• 1M: -0.87%
• YTD: 1.36%
• 6M: 2.16%
• 1Y: 2.94%
• 3Y*: 2.82%
• 5Y*: -0.24%
• 10Y*: 1.93%

*Multi-year figures are annualized to reflect compound growth (CAGR)

HYMB vs. RVNU - Expense Ratio Comparison

HYMB has a 0.35% expense ratio, which is higher than RVNU's 0.15% expense ratio.

HYMB

SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF

RVNU

Xtrackers Municipal Infrastructure Revenue Bond ETF

Return for Risk

HYMB vs. RVNU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HYMB

HYMB Risk / Return Rank: 25
HYMB Sharpe Ratio Rank: 26
HYMB Sortino Ratio Rank: 21
HYMB Omega Ratio Rank: 27
HYMB Calmar Ratio Rank: 28
HYMB Martin Ratio Rank: 24

RVNU

RVNU Risk / Return Rank: 22
RVNU Sharpe Ratio Rank: 22
RVNU Sortino Ratio Rank: 19
RVNU Omega Ratio Rank: 21
RVNU Calmar Ratio Rank: 26
RVNU Martin Ratio Rank: 22

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HYMB vs. RVNU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF (HYMB) and Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	HYMB	RVNU	Difference
Sharpe ratio Return per unit of total volatility	0.49	0.37	+0.12
Sortino ratio Return per unit of downside risk	0.61	0.53	+0.08
Omega ratio Gain probability vs. loss probability	1.12	1.08	+0.03
Calmar ratio Return relative to maximum drawdown	0.71	0.65	+0.06
Martin ratio Return relative to average drawdown	1.74	1.55	+0.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HYMB vs. RVNU - Sharpe Ratio Comparison

The current HYMB Sharpe Ratio is 0.49, which is higher than the RVNU Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of HYMB and RVNU, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HYMB	RVNU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.49	0.37	+0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.07	-0.03	+0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	0.26	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.37	+0.07

Correlation

The correlation between HYMB and RVNU is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

HYMB vs. RVNU - Dividend Comparison

HYMB's dividend yield for the trailing twelve months is around 4.59%, more than RVNU's 3.53% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HYMB SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF	4.59%	4.55%	4.29%	4.07%	3.77%	3.19%	3.55%	3.95%	4.03%	3.78%	4.08%	4.54%
RVNU Xtrackers Municipal Infrastructure Revenue Bond ETF	3.53%	3.46%	3.06%	2.79%	2.81%	2.18%	2.43%	2.75%	2.76%	2.49%	2.72%	3.01%

Drawdowns

HYMB vs. RVNU - Drawdown Comparison

The maximum HYMB drawdown since its inception was -29.57%, which is greater than RVNU's maximum drawdown of -23.51%. Use the drawdown chart below to compare losses from any high point for HYMB and RVNU.

Drawdown Indicators

	HYMB	RVNU	Difference
Max Drawdown Largest peak-to-trough decline	-29.57%	-23.51%	-6.06%
Max Drawdown (1Y) Largest decline over 1 year	-5.07%	-6.12%	+1.05%
Max Drawdown (5Y) Largest decline over 5 years	-20.15%	-23.51%	+3.36%
Max Drawdown (10Y) Largest decline over 10 years	-29.57%	-23.51%	-6.06%
Current Drawdown Current decline from peak	-1.57%	-5.01%	+3.44%
Average Drawdown Average peak-to-trough decline	-3.84%	-4.99%	+1.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.06%	2.57%	-0.51%

Volatility

HYMB vs. RVNU - Volatility Comparison

SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF (HYMB) has a higher volatility of 2.21% compared to Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) at 2.09%. This indicates that HYMB's price experiences larger fluctuations and is considered to be riskier than RVNU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HYMB	RVNU	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.21%	2.09%	+0.12%
Volatility (6M) Calculated over the trailing 6-month period	2.95%	3.50%	-0.55%
Volatility (1Y) Calculated over the trailing 1-year period	5.95%	7.94%	-1.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.63%	7.16%	-0.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.34%	7.30%	+4.04%