RVNU vs. HYMB
Compare and contrast key facts about Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) and SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF (HYMB).
RVNU and HYMB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. 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. Both RVNU and HYMB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RVNU or HYMB.
Correlation
The correlation between RVNU and HYMB is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
RVNU vs. HYMB - Performance Comparison
Key characteristics
RVNU:
0.23
HYMB:
0.89
RVNU:
0.36
HYMB:
1.22
RVNU:
1.04
HYMB:
1.17
RVNU:
0.14
HYMB:
0.46
RVNU:
1.01
HYMB:
5.08
RVNU:
1.35%
HYMB:
0.95%
RVNU:
5.91%
HYMB:
5.43%
RVNU:
-23.51%
HYMB:
-29.57%
RVNU:
-7.03%
HYMB:
-4.98%
Returns By Period
In the year-to-date period, RVNU achieves a 1.24% return, which is significantly lower than HYMB's 4.69% return. Over the past 10 years, RVNU has underperformed HYMB with an annualized return of 2.54%, while HYMB has yielded a comparatively higher 2.74% annualized return.
RVNU
1.24%
-1.48%
-0.18%
1.48%
0.47%
2.54%
HYMB
4.69%
-1.65%
1.76%
4.78%
0.78%
2.74%
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RVNU vs. HYMB - Expense Ratio Comparison
RVNU has a 0.15% expense ratio, which is lower than HYMB's 0.35% expense ratio.
Risk-Adjusted Performance
RVNU vs. HYMB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) 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.
Dividends
RVNU vs. HYMB - Dividend Comparison
RVNU's dividend yield for the trailing twelve months is around 3.07%, less than HYMB's 4.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RVNU Xtrackers Municipal Infrastructure Revenue Bond ETF | 3.07% | 2.79% | 2.81% | 2.18% | 2.43% | 2.75% | 2.76% | 2.49% | 2.72% | 3.00% | 3.15% | 1.95% |
HYMB SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF | 4.32% | 4.06% | 3.77% | 3.19% | 3.55% | 3.95% | 4.03% | 3.78% | 4.08% | 4.54% | 4.49% | 5.17% |
Drawdowns
RVNU vs. HYMB - Drawdown Comparison
The maximum RVNU drawdown since its inception was -23.51%, smaller than the maximum HYMB drawdown of -29.57%. Use the drawdown chart below to compare losses from any high point for RVNU and HYMB. For additional features, visit the drawdowns tool.
Volatility
RVNU vs. HYMB - Volatility Comparison
Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) has a higher volatility of 2.28% compared to SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF (HYMB) at 1.74%. This indicates that RVNU's price experiences larger fluctuations and is considered to be riskier than HYMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.