HYD Performance — VanEck High Yield Muni ETF
Data updated: 2026-09-25
HYD returned +1.84% year to date and +6.85% over one year to Jul 2026. Annualised returns are +3.81% over 3 years and −0.62% over 5 years. Against its High Yield Bond category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $112, against $123 for the category, and to $107 over one year, against $105. Volatility over the past three years was 6.02% a year. In the 12 months to Jul 2026 the fund took in a net $1.1B, and assets reached $4.43B.
HYD Growth of $100
What $100 invested in VanEck High Yield Muni ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the High Yield Bond category average over the same months.
| Period | HYD | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $107 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $112 | $123 |
| 5 years (Aug 2021 – Jul 2026) | $97 | $118 |
| Since data start (Aug 2019 – Jul 2026) | $105 | $132 |
HYD Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.84% |
| 1 year | +6.85% |
| 3 years (annualised) | +3.81% |
| 5 years (annualised) | −0.62% |
HYD Annual Returns
Calendar-year total returns of VanEck High Yield Muni ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.84% |
| 2025 | +2.62% |
| 2024 | +4.51% |
| 2023 | +5.48% |
| 2022 | −15.25% |
| 2021 | +5.34% |
| 2020 | −0.06% |
| 2019 (Aug–Dec) | +2.20% |
HYD Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.0% | +1.4% | −2.0% | +1.3% | +0.7% | +1.1% | −1.5% | — | — | — | — | — |
| 2025 | +0.7% | +1.1% | −1.7% | −1.6% | −0.3% | +0.6% | −1.0% | +0.5% | +2.9% | +0.9% | 0.0% | +0.4% |
| 2024 | +0.4% | +0.6% | +0.7% | −1.1% | +0.5% | +1.7% | +0.8% | +0.8% | +1.2% | −1.1% | +1.3% | −1.3% |
| 2023 | +3.4% | −2.7% | +1.1% | +0.3% | −0.7% | +1.4% | +0.2% | −1.0% | −3.2% | −2.2% | +6.5% | +2.7% |
| 2022 | −2.9% | −0.9% | −3.6% | −3.7% | +1.1% | −3.7% | +3.3% | −2.4% | −6.0% | −2.0% | +5.4% | −0.5% |
| 2021 | +2.2% | −1.4% | +0.7% | +1.3% | +1.1% | +1.0% | +0.9% | −0.4% | −1.1% | −0.6% | +1.2% | +0.2% |
| 2020 | +2.2% | +2.1% | −11.4% | −4.0% | +3.0% | +2.9% | +2.4% | +0.2% | −0.3% | +0.1% | +2.1% | +1.6% |
| 2019 | — | — | — | — | — | — | — | +2.0% | −0.3% | +0.1% | +0.3% | 0.0% |
HYD Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 6.02%
- 3-year Sharpe ratio: -0.12 (vs 4.5% risk-free rate)
- Best month: +6.46% (Nov 2023)
- Worst month: −3.24% (Sep 2023)
HYD Fund Flows
Monthly money in and out of VanEck High Yield Muni ETF, from SEC Form N-PORT.
- 12-month net flow: $1.1B
- 12-month gross sales (incl. reinvestments): $1.3B
- Sales ÷ redemptions: 7.23×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $23.0M | $22.8M | $213K |
| Jun 2026 | $191.5M | $0 | $191.5M |
| May 2026 | $124.6M | $0 | $124.6M |
| Apr 2026 | $91.7M | $0 | $91.7M |
| Mar 2026 | $0 | $151.8M | −$151.8M |
| Feb 2026 | $0 | $0 | $0 |
| Jan 2026 | $194.1M | $0 | $194.1M |
| Dec 2025 | $339.5M | $0 | $339.5M |
| Nov 2025 | $99.2M | $0 | $99.2M |
| Oct 2025 | $83.6M | $0 | $83.6M |
| Sep 2025 | $115.0M | $0 | $115.0M |
| Aug 2025 | $0 | $0 | $0 |
HYD Assets Under Management
Net assets of VanEck High Yield Muni ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $4.43B |
| 2026-04-30 | $4.16B |
| 2026-01-31 | $4.24B |
| 2025-10-31 | $3.59B |
| 2025-07-31 | $3.28B |
| 2025-04-30 | $3.37B |
| 2025-01-31 | $3.26B |
| 2024-10-31 | $3.14B |
| 2024-07-31 | $3.11B |
| 2024-04-30 | $2.92B |
| 2024-01-31 | $2.87B |
| 2023-10-31 | $2.50B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.