SHYD Performance — VanEck Short High Yield Muni ETF
Data updated: 2026-09-25
SHYD returned +1.16% year to date and +3.96% over one year to Jul 2026. Annualised returns are +3.87% over 3 years and +0.66% over 5 years. The fund trailed its High Yield Bond category average: $100 invested three years ago grew to $112, against $123 for the category, and to $104 over one year, against $105. Volatility over the past three years was 3.31% a year. In the 12 months to Jul 2026 the fund took in a net $118.3M, and assets reached $450.41M.
SHYD Growth of $100
What $100 invested in VanEck Short 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 | SHYD | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $104 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $112 | $123 |
| 5 years (Aug 2021 – Jul 2026) | $103 | $118 |
| Since data start (Aug 2019 – Jul 2026) | $112 | $132 |
SHYD Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.16% |
| 1 year | +3.96% |
| 3 years (annualised) | +3.87% |
| 5 years (annualised) | +0.66% |
SHYD Annual Returns
Calendar-year total returns of VanEck Short High Yield Muni ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.16% |
| 2025 | +4.69% |
| 2024 | +4.01% |
| 2023 | +3.68% |
| 2022 | −9.05% |
| 2021 | +3.91% |
| 2020 | +1.79% |
| 2019 (Aug–Dec) | +1.51% |
SHYD 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% | +0.7% | −1.7% | +0.8% | +0.4% | +0.7% | −0.7% | — | — | — | — | — |
| 2025 | +0.7% | +0.8% | −0.7% | −0.7% | +0.7% | +0.9% | +0.1% | +0.9% | +1.1% | +0.1% | 0.0% | +0.5% |
| 2024 | −0.1% | +0.5% | +0.5% | −0.4% | +0.1% | +1.0% | +0.7% | +0.8% | +1.2% | −0.5% | +0.9% | −0.6% |
| 2023 | +2.0% | −1.5% | +1.1% | −0.1% | −0.5% | +1.0% | 0.0% | −0.5% | −1.6% | −1.3% | +3.1% | +2.0% |
| 2022 | −2.4% | −0.8% | −2.9% | −2.3% | +0.8% | −1.4% | +2.2% | −1.5% | −3.3% | −0.8% | +2.8% | +0.3% |
| 2021 | +1.9% | −1.2% | +0.5% | +0.9% | +0.7% | +0.8% | +0.8% | −0.2% | −0.9% | −0.4% | +0.8% | +0.1% |
| 2020 | +1.9% | +1.4% | −8.1% | −2.2% | +1.9% | +2.8% | +1.5% | +0.3% | 0.0% | +0.1% | +1.5% | +1.1% |
| 2019 | — | — | — | — | — | — | — | +1.3% | −0.5% | +0.3% | +0.3% | +0.1% |
SHYD Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 3.31%
- 3-year Sharpe ratio: -0.19 (vs 4.5% risk-free rate)
- Best month: +3.13% (Nov 2023)
- Worst month: −1.69% (Mar 2026)
SHYD Fund Flows
Monthly money in and out of VanEck Short High Yield Muni ETF, from SEC Form N-PORT.
- 12-month net flow: $118.3M
- 12-month gross sales (incl. reinvestments): $118.3M
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $4.5M | $0 | $4.5M |
| Jun 2026 | $23.9M | $0 | $23.9M |
| May 2026 | $1.1M | $0 | $1.1M |
| Apr 2026 | $7.9M | $0 | $7.9M |
| Mar 2026 | $3.4M | $0 | $3.4M |
| Feb 2026 | $11.5M | $0 | $11.5M |
| Jan 2026 | $10.3M | $0 | $10.3M |
| Dec 2025 | $15.9M | $0 | $15.9M |
| Nov 2025 | $4.6M | $0 | $4.6M |
| Oct 2025 | $11.4M | $0 | $11.4M |
| Sep 2025 | $11.4M | $0 | $11.4M |
| Aug 2025 | $12.4M | $0 | $12.4M |
SHYD Assets Under Management
Net assets of VanEck Short High Yield Muni ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $450.41M |
| 2026-04-30 | $423.16M |
| 2026-01-31 | $405.13M |
| 2025-10-31 | $371.94M |
| 2025-07-31 | $332.09M |
| 2025-04-30 | $318.26M |
| 2025-01-31 | $320.60M |
| 2024-10-31 | $308.93M |
| 2024-07-31 | $317.19M |
| 2024-04-30 | $326.29M |
| 2024-01-31 | $340.06M |
| 2023-10-31 | $353.01M |
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.