RVNU vs. HYMU
Compare and contrast key facts about Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) and BlackRock High Yield Muni Income Bond ETF (HYMU).
RVNU and HYMU 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. HYMU is an actively managed fund by BlackRock. It was launched on Mar 16, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RVNU or HYMU.
Key characteristics
| RVNU | HYMU | |
|---|---|---|
| YTD Return | 2.16% | 6.99% |
| 1Y Return | 10.99% | 14.09% |
| 3Y Return (Ann) | -1.60% | -0.26% |
| Sharpe Ratio | 1.74 | 2.68 |
| Sortino Ratio | 2.66 | 4.00 |
| Omega Ratio | 1.33 | 1.54 |
| Calmar Ratio | 0.69 | 1.00 |
| Martin Ratio | 8.79 | 19.02 |
| Ulcer Index | 1.21% | 0.77% |
| Daily Std Dev | 6.11% | 5.46% |
| Max Drawdown | -23.51% | -22.55% |
| Current Drawdown | -6.19% | -2.55% |
Correlation
The correlation between RVNU and HYMU is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
RVNU vs. HYMU - Performance Comparison
In the year-to-date period, RVNU achieves a 2.16% return, which is significantly lower than HYMU's 6.99% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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RVNU vs. HYMU - Expense Ratio Comparison
RVNU has a 0.15% expense ratio, which is lower than HYMU's 0.35% expense ratio.
Risk-Adjusted Performance
RVNU vs. HYMU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) and BlackRock High Yield Muni Income Bond ETF (HYMU). 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. HYMU - Dividend Comparison
RVNU's dividend yield for the trailing twelve months is around 2.95%, less than HYMU's 4.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RVNU Xtrackers Municipal Infrastructure Revenue Bond ETF | 2.95% | 2.79% | 2.81% | 2.18% | 2.43% | 2.75% | 2.76% | 2.49% | 2.72% | 3.00% | 3.15% | 1.95% |
HYMU BlackRock High Yield Muni Income Bond ETF | 4.21% | 4.36% | 4.02% | 2.96% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RVNU vs. HYMU - Drawdown Comparison
The maximum RVNU drawdown since its inception was -23.51%, roughly equal to the maximum HYMU drawdown of -22.55%. Use the drawdown chart below to compare losses from any high point for RVNU and HYMU. For additional features, visit the drawdowns tool.
Volatility
RVNU vs. HYMU - Volatility Comparison
Xtrackers Municipal Infrastructure Revenue Bond ETF (RVNU) has a higher volatility of 2.87% compared to BlackRock High Yield Muni Income Bond ETF (HYMU) at 2.04%. This indicates that RVNU's price experiences larger fluctuations and is considered to be riskier than HYMU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.