YYYM vs. XMPT

Last updated Jul 17, 2026

YYYM (Amplify Municipal CEF High Income ETF) and XMPT (VanEck CEF Municipal Income ETF) are both High Yield Muni funds - YYYM tracks the Nasdaq Municipal Bond CEF High Income Index while XMPT tracks the S-Network Municipal Bond Closed-End Fund Index. Both are passively managed. Their correlation of 0.87 suggests significant overlap in exposure. YYYM charges 2.78%/yr vs 1.97%/yr for XMPT.

Performance

YYYM vs. XMPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Municipal CEF High Income ETF (YYYM) and VanEck CEF Municipal Income ETF (XMPT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

YYYM

• 1D: -0.21%
• 1M: 1.38%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XMPT

• 1D: -0.39%
• 1M: 0.94%
• 6M: 3.03%
• YTD: 4.58%
• 1Y: 13.44%
• 3Y*: 7.23%
• 5Y*: -1.11%
• 10Y*: 2.04%

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

YYYM vs. XMPT - Yearly Performance Comparison

	2026 (YTD)
YYYM Amplify Municipal CEF High Income ETF	2.70%
XMPT VanEck CEF Municipal Income ETF	2.33%

Correlation

The correlation between YYYM and XMPT is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 10, 2026	0.87

Return for Risk

YYYM vs. XMPT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

YYYM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

XMPT

XMPT Risk / Return Rank: 68
XMPT Sharpe Ratio Rank: 72
XMPT Sortino Ratio Rank: 77
XMPT Omega Ratio Rank: 79
XMPT Calmar Ratio Rank: 50
XMPT Martin Ratio Rank: 62

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

YYYM vs. XMPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Municipal CEF High Income ETF (YYYM) and VanEck CEF Municipal Income ETF (XMPT). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	YYYM	XMPT	Difference
Sharpe ratio: Return per unit of total volatility	—	1.85	—
Sortino ratio: Return per unit of downside risk	—	2.75	—
Omega ratio: Gain probability vs. loss probability	—	1.37	—
Calmar ratio: Return relative to maximum drawdown	—	2.05	—
Martin ratio: Return relative to average drawdown	—	8.70	—

Drawdowns

YYYM vs. XMPT - Drawdown Comparison

The maximum YYYM drawdown since its inception was -5.28%, smaller than the maximum XMPT drawdown of -35.24%. Use the drawdown chart below to compare losses from any high point for YYYM and XMPT.

Drawdown Indicators

	YYYM	XMPT	Difference
Max Drawdown Largest peak-to-trough decline	-5.28%	-35.24%	+29.96%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.57%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.04%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.24%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.24%	—
Current Drawdown Current decline from peak	-1.34%	-6.94%	+5.60%
Average Drawdown Average peak-to-trough decline	-1.07%	-8.80%	+7.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.56%	—

Volatility

Volatility by Period

	YYYM	XMPT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.74%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.13%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.61%	7.34%	+2.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.61%	9.38%	+0.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.61%	10.32%	-0.71%

YYYM vs. XMPT - Expense Ratio Comparison

YYYM has a 2.78% expense ratio, which is higher than XMPT's 1.97% expense ratio.

Dividends

YYYM vs. XMPT - Dividend Comparison

YYYM's dividend yield for the trailing twelve months is around 1.77%, less than XMPT's 6.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
XMPT VanEck CEF Municipal Income ETF	6.24%	5.87%	5.35%	3.81%	5.12%	3.74%	3.79%	4.08%	5.05%	4.84%	5.35%	5.24%
YYYM Amplify Municipal CEF High Income ETF	1.77%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both YYYM and XMPT in my portfolio?

YYYM and XMPT have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, YYYM or XMPT?

On fees, XMPT is cheaper at 1.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, YYYM or XMPT?

XMPT is cheaper with a 1.97% expense ratio, compared with 2.78% for YYYM.

Which ETF pays a higher dividend yield, YYYM or XMPT?

XMPT has the higher dividend yield at 6.24%, compared with 1.77% for YYYM.

What is the main difference between YYYM and XMPT?

YYYM tracks Nasdaq Municipal Bond CEF High Income Index, while XMPT tracks S-Network Municipal Bond Closed-End Fund Index. They also come from different issuers: Amplify and VanEck. Their fees differ too: 2.78% for YYYM and 1.97% for XMPT.