TFI vs. HYMU
Compare and contrast key facts about SPDR Nuveen Bloomberg Barclays Municipal Bond ETF (TFI) and BlackRock High Yield Muni Income Bond ETF (HYMU).
TFI and HYMU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TFI is a passively managed fund by State Street that tracks the performance of the Bloomberg US Municipal Managed Money (1-25 Y). It was launched on Sep 11, 2007. HYMU is an actively managed fund by BlackRock. It was launched on Mar 16, 2021.
Performance
TFI vs. HYMU - Performance Comparison
Loading graphics...
TFI vs. HYMU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF | -0.03% | 3.62% | -0.01% | 5.62% | -10.17% | 2.02% |
HYMU BlackRock High Yield Muni Income Bond ETF | 0.29% | 2.58% | 6.99% | 9.67% | -15.96% | 6.71% |
Returns By Period
In the year-to-date period, TFI achieves a -0.03% return, which is significantly lower than HYMU's 0.29% return.
TFI
- 1D
- 0.21%
- 1M
- -1.62%
- YTD
- -0.03%
- 6M
- 1.37%
- 1Y
- 3.90%
- 3Y*
- 2.02%
- 5Y*
- -0.07%
- 10Y*
- 1.53%
HYMU
- 1D
- 0.50%
- 1M
- -1.14%
- YTD
- 0.29%
- 6M
- 1.40%
- 1Y
- 1.57%
- 3Y*
- 5.45%
- 5Y*
- 1.45%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TFI vs. HYMU - Expense Ratio Comparison
TFI has a 0.23% expense ratio, which is lower than HYMU's 0.35% expense ratio.
Return for Risk
TFI vs. HYMU — Risk / Return Rank
TFI
HYMU
TFI vs. HYMU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Nuveen Bloomberg Barclays Municipal Bond ETF (TFI) 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.
| TFI | HYMU | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.96 | 0.20 | +0.76 |
Sortino ratioReturn per unit of downside risk | 1.19 | 0.30 | +0.89 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.07 | +0.15 |
Calmar ratioReturn relative to maximum drawdown | 1.11 | 0.31 | +0.80 |
Martin ratioReturn relative to average drawdown | 3.52 | 1.53 | +1.98 |
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
| TFI | HYMU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.96 | 0.20 | +0.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.02 | 0.21 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.23 | +0.28 |
Correlation
The correlation between TFI and HYMU is 0.67, 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.
Dividends
TFI vs. HYMU - Dividend Comparison
TFI's dividend yield for the trailing twelve months is around 3.45%, less than HYMU's 4.51% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TFI SPDR Nuveen Bloomberg Barclays Municipal Bond ETF | 3.45% | 3.32% | 3.01% | 2.41% | 1.87% | 1.71% | 1.91% | 2.14% | 2.26% | 2.16% | 2.39% | 2.40% |
HYMU BlackRock High Yield Muni Income Bond ETF | 4.51% | 4.55% | 4.35% | 4.35% | 4.01% | 2.97% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TFI vs. HYMU - Drawdown Comparison
The maximum TFI drawdown since its inception was -15.49%, smaller than the maximum HYMU drawdown of -22.55%. Use the drawdown chart below to compare losses from any high point for TFI and HYMU.
Loading graphics...
Drawdown Indicators
| TFI | HYMU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.49% | -22.55% | +7.06% |
Max Drawdown (1Y)Largest decline over 1 year | -3.90% | -6.54% | +2.64% |
Max Drawdown (5Y)Largest decline over 5 years | -15.41% | -22.55% | +7.14% |
Max Drawdown (10Y)Largest decline over 10 years | -15.49% | — | — |
Current DrawdownCurrent decline from peak | -2.40% | -1.39% | -1.01% |
Average DrawdownAverage peak-to-trough decline | -2.98% | -6.97% | +3.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.23% | 1.37% | -0.14% |
Volatility
TFI vs. HYMU - Volatility Comparison
SPDR Nuveen Bloomberg Barclays Municipal Bond ETF (TFI) has a higher volatility of 1.45% compared to BlackRock High Yield Muni Income Bond ETF (HYMU) at 1.29%. This indicates that TFI'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.
Loading graphics...
Volatility by Period
| TFI | HYMU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.45% | 1.29% | +0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 2.00% | 1.81% | +0.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.12% | 7.95% | -3.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.29% | 7.08% | -2.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.99% | 7.05% | -2.06% |