RMCA vs. HYMB
Compare and contrast key facts about Rockefeller California Municipal Bond ETF (RMCA) and SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF (HYMB).
RMCA and HYMB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RMCA is an actively managed fund by Rockefeller. It was launched on Aug 12, 2024. 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.
Performance
RMCA vs. HYMB - Performance Comparison
Loading graphics...
Returns By Period
In the year-to-date period, RMCA achieves a 0.89% return, which is significantly lower than HYMB's 1.07% return.
RMCA
- 1D
- -0.02%
- 1M
- -0.15%
- YTD
- 0.89%
- 6M
- 1.79%
- 1Y
- 2.03%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HYMB
- 1D
- 0.08%
- 1M
- -0.64%
- YTD
- 1.07%
- 6M
- 2.39%
- 1Y
- 2.61%
- 3Y*
- 3.96%
- 5Y*
- 0.56%
- 10Y*
- 2.48%
RMCA vs. HYMB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
RMCA Rockefeller California Municipal Bond ETF | 0.89% | 2.35% | -0.14% |
HYMB SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF | 1.07% | 2.04% | 0.10% |
Correlation
The correlation between RMCA and HYMB is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification — they'll tend to fall together during downturns. For meaningful risk reduction, look for holdings with correlations below 0.5.
RMCA vs. HYMB - Expense Ratio Comparison
RMCA has a 0.55% expense ratio, which is higher than HYMB's 0.35% expense ratio.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RMCA vs. HYMB — Risk / Return Rank
RMCA
HYMB
RMCA vs. HYMB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rockefeller California Municipal Bond ETF (RMCA) and SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF (HYMB). 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.
| RMCA | HYMB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.36 | 0.44 | -0.09 |
Sortino ratioReturn per unit of downside risk | 0.48 | 0.56 | -0.08 |
Omega ratioGain probability vs. loss probability | 1.08 | 1.11 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 0.56 | 0.62 | -0.06 |
Martin ratioReturn relative to average drawdown | 1.22 | 1.52 | -0.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| RMCA | HYMB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.36 | 0.44 | -0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.08 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.22 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.44 | -0.10 |
Drawdowns
RMCA vs. HYMB - Drawdown Comparison
The maximum RMCA drawdown since its inception was -5.95%, smaller than the maximum HYMB drawdown of -29.57%. Use the drawdown chart below to compare losses from any high point for RMCA and HYMB.
Loading graphics...
Drawdown Indicators
| RMCA | HYMB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.95% | -29.57% | +23.62% |
Max Drawdown (1Y)Largest decline over 1 year | -2.97% | -3.11% | +0.14% |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.15% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.57% | — |
Current DrawdownCurrent decline from peak | -1.02% | -1.34% | +0.32% |
Average DrawdownAverage peak-to-trough decline | -1.76% | -3.84% | +2.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.34% | 2.06% | +0.28% |
Volatility
RMCA vs. HYMB - Volatility Comparison
The current volatility for Rockefeller California Municipal Bond ETF (RMCA) is 1.72%, while SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF (HYMB) has a volatility of 2.21%. This indicates that RMCA experiences smaller price fluctuations and is considered to be less risky than HYMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| RMCA | HYMB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.72% | 2.21% | -0.49% |
Volatility (6M)Calculated over the trailing 6-month period | 2.37% | 2.95% | -0.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.76% | 5.92% | -0.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.55% | 6.63% | -1.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.55% | 11.35% | -5.80% |
Dividends
RMCA vs. HYMB - Dividend Comparison
RMCA's dividend yield for the trailing twelve months is around 4.47%, less than HYMB's 4.58% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RMCA Rockefeller California Municipal Bond ETF | 4.47% | 4.51% | 1.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HYMB SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF | 4.58% | 4.55% | 4.29% | 4.07% | 3.77% | 3.19% | 3.55% | 3.95% | 4.03% | 3.78% | 4.08% | 4.54% |