HYMU vs. BPAY

Last updated Jun 5, 2026

HYMU (BlackRock High Yield Muni Income Bond ETF) and BPAY (BlackRock Future Financial and Technology ETF) are both exchange-traded funds - HYMU is a High Yield Muni fund actively managed by BlackRock, while BPAY is a Financials Equities fund actively managed by BlackRock. Both are actively managed. HYMU charges 0.35%/yr vs 0.70%/yr for BPAY.

Performance

HYMU vs. BPAY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock High Yield Muni Income Bond ETF (HYMU) and BlackRock Future Financial and Technology ETF (BPAY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HYMU

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BPAY

• 1D: 2.12%
• 1M: -1.68%
• YTD: -10.58%
• 6M: -13.16%
• 1Y: -9.61%
• 3Y*: 9.60%
• 5Y*: —
• 10Y*: —

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

HYMU vs. BPAY - Yearly Performance Comparison

	2026 (YTD)
HYMU BlackRock High Yield Muni Income Bond ETF	0.00%
BPAY BlackRock Future Financial and Technology ETF	-2.43%

Return for Risk

HYMU vs. BPAY — Risk / Return Rank

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

BPAY

BPAY Risk / Return Rank: 6
BPAY Sharpe Ratio Rank: 6
BPAY Sortino Ratio Rank: 6
BPAY Omega Ratio Rank: 6
BPAY Calmar Ratio Rank: 6
BPAY Martin Ratio Rank: 6

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.

HYMU vs. BPAY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock High Yield Muni Income Bond ETF (HYMU) and BlackRock Future Financial and Technology ETF (BPAY). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	HYMU	BPAY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.37	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.08	—

Drawdowns

HYMU vs. BPAY - Drawdown Comparison

The maximum HYMU drawdown since its inception was 0.00%, smaller than the maximum BPAY drawdown of -33.62%. Use the drawdown chart below to compare losses from any high point for HYMU and BPAY.

Drawdown Indicators

	HYMU	BPAY	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-33.62%	+33.62%
Max Drawdown (1Y) Largest decline over 1 year	—	-33.62%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-33.62%	—
Current Drawdown Current decline from peak	0.00%	-24.46%	+24.46%
Average Drawdown Average peak-to-trough decline	0.00%	-10.55%	+10.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	17.05%	—

Volatility

Volatility by Period

	HYMU	BPAY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.26%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.84%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	26.06%	-26.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	24.36%	-24.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	24.36%	-24.36%

HYMU vs. BPAY - Expense Ratio Comparison

HYMU has a 0.35% expense ratio, which is lower than BPAY's 0.70% expense ratio.

Dividends

HYMU vs. BPAY - Dividend Comparison

HYMU has not paid dividends to shareholders, while BPAY's dividend yield for the trailing twelve months is around 7.25%.

Position	TTM	2025	2024	2023	2022
BPAY BlackRock Future Financial and Technology ETF	7.25%	6.49%	0.48%	1.18%	0.18%
HYMU BlackRock High Yield Muni Income Bond ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, HYMU or BPAY?

On fees, HYMU is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYMU or BPAY?

HYMU is cheaper with a 0.35% expense ratio, compared with 0.70% for BPAY.

Which ETF pays a higher dividend yield, HYMU or BPAY?

BPAY has the higher dividend yield at 7.25%, compared with 0.00% for HYMU.

What is the main difference between HYMU and BPAY?

HYMU is categorized as High Yield Muni, while BPAY is Financials Equities. Their fees differ too: 0.35% for HYMU and 0.70% for BPAY.