HYMU vs. THYM

Last updated Jun 5, 2026

HYMU (BlackRock High Yield Muni Income Bond ETF) and THYM (T. Rowe Price High Income Municipal ETF) are both High Yield Muni funds. Both are actively managed. HYMU charges 0.35%/yr vs 0.32%/yr for THYM.

Performance

HYMU vs. THYM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock High Yield Muni Income Bond ETF (HYMU) and T. Rowe Price High Income Municipal ETF (THYM). 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*: —

THYM

• 1D: 0.36%
• 1M: 1.53%
• YTD: 3.70%
• 6M: 4.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HYMU vs. THYM - Yearly Performance Comparison

	2026 (YTD)
HYMU BlackRock High Yield Muni Income Bond ETF	0.00%
THYM T. Rowe Price High Income Municipal ETF	0.87%

Return for Risk

HYMU vs. THYM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock High Yield Muni Income Bond ETF (HYMU) and T. Rowe Price High Income Municipal ETF (THYM). 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	THYM	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.77	—

Drawdowns

HYMU vs. THYM - Drawdown Comparison

The maximum HYMU drawdown since its inception was 0.00%, smaller than the maximum THYM drawdown of -2.93%. Use the drawdown chart below to compare losses from any high point for HYMU and THYM.

Drawdown Indicators

	HYMU	THYM	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-2.93%	+2.93%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	-0.49%	+0.49%

Volatility

Volatility by Period

	HYMU	THYM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	4.35%	-4.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	4.35%	-4.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	4.35%	-4.35%

HYMU vs. THYM - Expense Ratio Comparison

HYMU has a 0.35% expense ratio, which is higher than THYM's 0.32% expense ratio.

Dividends

HYMU vs. THYM - Dividend Comparison

HYMU has not paid dividends to shareholders, while THYM's dividend yield for the trailing twelve months is around 2.18%.

Position	TTM	2025
HYMU BlackRock High Yield Muni Income Bond ETF	0.00%	0.00%
THYM T. Rowe Price High Income Municipal ETF	2.18%	0.37%

Frequently Asked Questions

Which ETF is better, HYMU or THYM?

On fees, THYM is cheaper at 0.32% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYMU or THYM?

THYM is cheaper with a 0.32% expense ratio, compared with 0.35% for HYMU.

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

THYM has the higher dividend yield at 2.18%, compared with 0.00% for HYMU.

What is the main difference between HYMU and THYM?

They also come from different issuers: BlackRock and T. Rowe Price. Their fees differ too: 0.35% for HYMU and 0.32% for THYM.