State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
$23.91−0.14 (−0.58%)
- 0.35%
- $3.83B
- −0.3%
- 5.21%
- 3.54M sh
- low $23.05high $25.49
The ETF.net HYMB Grade
A
Score 71 out of 100
- 4 of 19
Score 71 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B67 out of 100Rank 6 of 19Mission
Whether the fund did what it promised, tested against its stated mandate.A90 out of 100Rank 8 of 18Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D39 out of 100Rank 12 of 19Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B69 out of 100Rank 3 of 19Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A87 out of 100Rank 3 of 19Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A91 out of 100Rank 1 of 19
Our read on HYMB
In short
AMost muni index funds stop at investment grade. HYMB keeps going: its benchmark reaches from A-rated paper down through unrated deals, spreading roughly 1,900 tax-exempt bonds across that credit line. Income lands monthly.
Stated mandate
The fund seeks to track, before fees and expenses, the price and yield performance of the ICE US Select High Yield Crossover Municipal Index, which covers lower-rated and unrated tax-exempt municipal debt issued in the United States.
Why people hold it
Worth knowing
HYMB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
HYMB$9,972
Returns run to the Nov 2, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | HYMB |
|---|---|
| Year to date | −0.3% |
| 1 month | +3.6% |
| 3 months | −2.4% |
| 1 year | −0.3% |
| 3 years | +5.3% |
| 5 years | −0.2% |
| 10 years | +2.0% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | HYMB |
|---|---|---|
| 2026 YTD | −0.3% | |
| 2025 | +2.0% | |
| 2024 | +5.5% | |
| 2023 | +7.7% | |
| 2022 | −15.5% | |
| 2021 | +5.1% | |
| 2020 | +3.8% |
HYMB in the news
HYMB Dividends
- 5.21%
- $1.24
- $0.10 per share
- Monthly
HYMB Risk
- 7.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.22
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −19.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.11
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
HYMB Cost
Overpaying vs FMUB, cheapest in High-Yield Municipal Bonds
$977
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
HYMB 0.35%
$7,126
FMUB 0.30% Cheapest
$6,149
Cost over time
Year by year
| Year | HYMB | FMUB | Overpaying |
|---|---|---|---|
| 10 | $634 | $545 | $89 |
| 20 | $2,454 | $2,113 | $341 |
| 30 | $7,126 | $6,149 | $977 |
Other funds in High-Yield Municipal Bonds
- AHYDVanEck High Yield Muni ETFExpense ratio 0.32%1 year return +1.2%
- AFMUBFidelity Municipal Bond Opportunities ETFExpense ratio 0.30%1 year return +1.1%
- ASHYDVanEck Short High Yield Muni ETFExpense ratio 0.32%1 year return +2.4%
- BFTMHFranklin Municipal High Yield ETFExpense ratio 0.35%1 year return +0.6%
- BTHYMT. Rowe Price High Income Municipal ETFExpense ratio 0.32%1 year return
