All you need to get started with ETF selection and analysis. Create your account now →

Help us improve your experience. Please confirm your investor type:

ETF What's Up

Don’t Miss a Move in the ETF Market

Sign up and keep track of everything that moved the ETF industry this week. From new launches to regulatory shifts across the Atlantic.

ETF What's Up

You may unsubscribe at any time by clicking the “unsubscribe” link within the emailed newsletter. By signing up, you agree to our Privacy Policy and Terms and Conditions.

HYD ETF · VanEck High Yield Muni ETF

The HYD Exchange Traded Fund (ETF) is provided by VanEck. It is built to track an index: ICE Broad High Yield Crossover Municipal Index. The HYD ETF provides physical exposure, so by buying it you actually own parts of all the 1,314 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update Yesterday at 1:30 PM UTC
LIVE
CLOSED
This fund is part ofMunicipal Bonds1M perf.-0.58%
Last price
$50.70
1M perf.
-0.52%
1M flows
-€26M
AuM
€3.64B
E/R
0.32%
Rating
ESG Consensus®
esg grade icon
HYD
$50.70

Performance & flows

Segment for quartile rank
December 11, 2025 → March 11, 2026
00.000.501.001.502.002.50%JANFEBMAR
Create a free account to view the flows graph
HYD
$50.88
+1.13%
Municipal Bonds
+1.09%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
-0.52%
icon
+1.13%
icon
+2.16%
icon
+12.64%
icon
+0.65%
icon
-1.47%
+0.85%
+0.85%
icon
Flows

Key fund info

Segment for quartile rank
This ETF's jurisdiction country is not in your region (Europe and Middle East) · 
Main characteristics
Issuer
CUSIP
92189H409
ISIN
US92189H4092
AuM
€3.64B
icon
E/R
0.32%
icon
Replication rating
ESG Consensus®
esg grade icon
More details
NAV
3/11/2026
$50.93
1D NAV change
-0.24%
Dividend policy
Replication method
Direct (Physical)
Replication model
Optimized sampling
No. of holdings
1314
Inception date
2/4/2009
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
Create a free account to view dividend distribution
Classification
Product type
Benchmark
ICE Broad High Yield Crossover Municipal Index
Asset class
Factors
N/A
Investment strategy
The VanEck High Yield Muni ETF (HYD®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE Broad High Yield Crossover Municipal Index (MHYX), which is intended to track the overall performance of the U.S. dollar denominated high yield long-term tax-exempt bond market.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
Create a free Trackinsight Essentials account to unlock insights
Access exclusive metrics and features to support your investment decisions.
half moonhalf moon double
Built for professionals: access exclusive fund metrics and selection tools in Trackinsight Enterprise.
Enterprise Fund page features include:
Legal documents
Powerful buy-list integration
Fund data exports
Advanced risk metrics
Advanced replication analysis
Advanced exposure look-through
Upload your own internal metrics
Custom data feature
See all Trackinsight Enterprise features

Trackinsight
Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight Enterprise

Advertisement

Risk profile

Segment for quartile rank

Historical risk/return profile

3M1Y3Y5Y
Returns
+1.13%
icon
+2.16%
icon
+12.64%
icon
+0.65%
icon
Volatility
Perf./Volatility
Max drawdown
Create a free account to view risk/return table
Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
Built for professionals: access exclusive risk metrics in Trackinsight Enterprise.

Trackinsight
Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Exposure

Countries
USA
100.00%
Sectors
Municipal
44.18%
Unavailable
55.82%
Diversification
Total weight of top 15 holdings out of 1314
Top 15 holdings
Data as of January 31, 2026
Buckeye Tobacco Settlement Financing Authority, 5% 1jun2055, USD (2020B-2)
Puerto Rico Sales Tax Financing Corp., 4.75% 1jul2053, USD
Puerto Rico Sales Tax Financing Corp., 4.329% 1jul2040, USD
Puerto Rico Sales Tax Financing Corp., 0% 1jul2046, USD (10001D)
New York Transportation Development Corp., 5% 1jul2046, USD (2016A)
Chicago Board of Education, 5% 1dec2042, USD (2012A)
Tobacco Settlement Financing Corp. (NJ), 5% 1jun2046, USD (2018B)
New York Transportation Development Corp., 5.25% 1jan2050, USD (2016A)
Create a free account to view top holdings
Puerto Rico Sales Tax Financing Corp., 5% 1jul2058, USD
US340618DR59
Chicago Board of Education, 5.25% 1dec2039, USD (2015C)
US74448UAB44
Texas Private Activity Bond Surface Transportation Corp., 5% 30jun2058, USD (2019)
US74448UAA60
Arkansas Development Finance Authority, 5.45% 1sep2052, USD (2022)
Create a free account to view top holdings
Built for professionals: access exclusive exposure metrics in Trackinsight Enterprise.

Trackinsight
Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Sustainability

Integrates ESG criteria
No
SDG

ESG Consensus® by Conser

Data as of December 31, 2025
Methodology

Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about HYD ETF's sustainability, based on their methodology.

Learn more about Conser

ESG Consensus®
esg grade icon

ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.


HYD’s has a Final Sustainability Grade of either A+, A, or A-.

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight Enterprise
Holdings review
100.00% of holdings have positive scoring
100.00%
Consensus levels
Strong
Medium
Weak
Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.

Trackinsight
Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Issuer

VanEck
VanEck ID Card
Number of funds
174
Total AuM
€183.56B
Expense ratio range
0.07% - 12.86%
Average expense ratio
0.6804%

Through forward-looking, intelligently designed active and ETF solutions, VanEck offers value-added exposures to emerging industries, asset classes and markets as well as differentiated approaches to traditional strategies. Global player based in New York, founded in 1955, ranked among the 10 best providers of ETFs in the United States, VanEck also has a strong presence in Europe (Germany, Switzerland, the Netherlands) as well as a presence in Asia and Australia. VanEck is different from other asset managers by being privately held, allowing them to focus on clients’ long-term interests, constantly been at the forefront of innovation and whose ETFs are transparent with no synthetic replication and no lent out.

Via Offical website

Frequently asked questions about HYD

What does VanEck High Yield Muni ETF, HYD, invest in?

HYD is a Passive ETF. This ETF provides exposure to US High Yield Municipal Bonds.

Which benchmark or index does HYD replicate?

HYD tracks the ICE Broad High Yield Crossover Municipal Index - USD, through a optimized sampling replication method.

What is the Total Expense ratio (TER) of HYD?

HYD carries a total expense ratio (TER) of 0.32%, indicating the annual cost for holding the fund.

When was HYD launched?

HYD was introduced to the market on February 4, 2009. It trades on United States

Who is the ETF issuer of HYD?

VanEck High Yield Muni ETF, HYD, is provided by VanEck. Learn more about VanEck here.

What is the current assets under management (AUM) of HYD?

HYD oversees €3.64B in assets as of March 11, 2026.

How has HYD performed lately?

Based on data from March 11, 2026, HYD returned -0.52% over the past month, 1.13% over the last three months and 0.85% year-to-date.

What are the latest inflows or outflows for HYD?

As of March 11, 2026, HYD recorded net flows of -€26M over the last month and +€140M year-to-date.

Does HYD distribute dividends?

HYD follows a distributing dividend policy, meaning it pays out income to investors. As of March 11, 2026, its 12-month trailing yield was 3.95%.

What are the main country or region exposures of HYD?

As of January 31, 2026, HYD has significant geographic allocations in USA.

In which sector or theme does HYD invest in?

As of January 31, 2026, HYD focuses largely on Municipal.

How many securities does HYD hold and how diversified is it?

As of January 31, 2026, HYD holds 1314 positions in its portfolio, with 9.34% of assets concentrated in its top 15 holdings.

What are the main positions in HYD?

As of January 31, 2026, HYD top three holdings include Buckeye Tobacco Settlement Financing Authority, 5% 1jun2055, USD (2020B-2), Puerto Rico Sales Tax Financing Corp., 4.75% 1jul2053, USD and Puerto Rico Sales Tax Financing Corp., 4.329% 1jul2040, USD.

What is the base currency of HYD?

The base currency of HYD is USD.

Advertisement

Trackinsight

About Trackinsight

Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.

Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.

In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.

This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.

Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.

More about Trackinsight
© 2014-2026 Trackinsight SA. All rights reserved.
Privacy policy  |  Cookie policy  |    |  Terms of use  |  Imprint
Trackinsight