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HYMU vs. HTAX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

HYMU vs. HTAX - Performance Comparison

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

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Returns By Period


HYMU

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

HTAX

1D
0.19%
1M
1.53%
YTD
3.80%
6M
4.06%
1Y
8.99%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

HYMU vs. HTAX - Yearly Performance Comparison


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Return for Risk

HYMU vs. HTAX — Risk / Return Rank

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

HYMU

HTAX
HTAX Risk / Return Rank: 5959
Overall Rank
HTAX Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
HTAX Sortino Ratio Rank: 6262
Sortino Ratio Rank
HTAX Omega Ratio Rank: 6464
Omega Ratio Rank
HTAX Calmar Ratio Rank: 5959
Calmar Ratio Rank
HTAX Martin Ratio Rank: 5252
Martin Ratio Rank
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. HTAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock High Yield Muni Income Bond ETF (HYMU) and Nomura National High-Yield Municipal Bond ETF (HTAX). 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.

HYMU vs. HTAX - Sharpe Ratio Comparison


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Sharpe Ratios by Period


HYMUHTAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.93

Sharpe Ratio (All Time)

Calculated using the full available price history

0.66

Drawdowns

HYMU vs. HTAX - Drawdown Comparison

The maximum HYMU drawdown since its inception was 0.00%, smaller than the maximum HTAX drawdown of -6.10%. Use the drawdown chart below to compare losses from any high point for HYMU and HTAX.


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Drawdown Indicators


HYMUHTAXDifference

Max Drawdown

Largest peak-to-trough decline

0.00%

-6.10%

+6.10%

Max Drawdown (1Y)

Largest decline over 1 year

-3.14%

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

0.00%

-1.77%

+1.77%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.03%

Volatility

HYMU vs. HTAX - Volatility Comparison


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Volatility by Period


HYMUHTAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.42%

Volatility (6M)

Calculated over the trailing 6-month period

3.35%

Volatility (1Y)

Calculated over the trailing 1-year period

0.00%

4.71%

-4.71%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

0.00%

6.47%

-6.47%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

0.00%

6.47%

-6.47%

HYMU vs. HTAX - Expense Ratio Comparison

HYMU has a 0.35% expense ratio, which is lower than HTAX's 0.49% expense ratio.


Dividends

HYMU vs. HTAX - Dividend Comparison

HYMU has not paid dividends to shareholders, while HTAX's dividend yield for the trailing twelve months is around 4.46%.


Frequently Asked Questions


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.

HYMU is cheaper with a 0.35% expense ratio, compared with 0.49% for HTAX.

HTAX has the higher dividend yield at 4.46%, compared with 0.00% for HYMU.

They also come from different issuers: BlackRock and Nomura. Their fees differ too: 0.35% for HYMU and 0.49% for HTAX.

Portfolio Optimizer

Find the right allocation for HYMU and HTAX

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