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ETF comparison

HYD vs MUB

Both US Municipal Bond.

VanEck High Yield Muni ETF · iShares National Muni Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
1.1 %

69 positions appear in both funds. Buying equal dollars of HYD and MUB would leave roughly 1.1% of each dollar exposed to the same underlying securities.

HYD unmatched 95.7% Shared 1.1% MUB unmatched 98.4%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In HYD only
2,034 positions
Shared
69 positions
In MUB only
6,983 positions

Side by side

HYD

VanEck High Yield Muni ETF

VanEck · US Municipal Bond

82 composite / 100
Expense ratio
0.32%
Net assets
$4.60B
TTM yield
4.10%
Top-10 conc.
6.3%
MUB

iShares National Muni Bond ETF

iShares · US Municipal Bond

97 composite / 100
Expense ratio
0.050%
Net assets
$54.41B
TTM yield
3.00%
Top-10 conc.
1.4%

Sub-score comparison

68
Cost
95
93
Tax efficiency
93
85
Liquidity
100
100
Concentration
100
—
Tracking quality
—
HYD sub-score MUB

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

MUB is 27 bps cheaper than HYD. On a $100,000 position that's about $270/yr more in fees for HYD.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with HYD vs MUB.

Top shared holdings

69 shared in total
# Holding In HYD In MUB Overlap
1 County of Jefferson AL Sewer Revenue 0.39% 0.07% 0.07%
2 Connecticut State Health & Educational Facilities Authority 0.06% 0.07% 0.06%
3 New Jersey Educational Facilities Authority 0.05% 0.11% 0.05%
4 Chesapeake Bay Bridge & Tunnel District 0.11% 0.05% 0.05%
5 State of Illinois 0.09% 0.04% 0.04%
6 City of Chicago IL 0.04% 0.10% 0.04%
7 Hudson Yards Infrastructure Corp 0.04% 0.05% 0.04%
8 County of Miami-Dade FL Water & Sewer System Revenue 0.05% 0.04% 0.04%
9 Kentucky Bond Development Corp 0.05% 0.04% 0.04%
10 State of Illinois 0.11% 0.04% 0.04%
11 Long Island Power Authority 0.03% 0.04% 0.03%
12 Commonwealth of Massachusetts 0.05% 0.03% 0.03%

Only in HYD

2,034 total
  • Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.98%
  • Chicago Board of Education 0.79%
  • Tobacco Settlement Financing Corp 0.71%
  • Buckeye Tobacco Settlement Financing Authority 0.69%
  • New York Transportation Development Corp 0.61%
  • Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.58%
  • Chicago Board of Education 0.53%
  • Florida Development Finance Corp 0.52%
  • New York Transportation Development Corp 0.48%
  • Arkansas Development Finance Authority 0.45%

Only in MUB

6,983 total
  • Board of Regents of the University of Texas System 0.18%
  • San Antonio Water System 0.15%
  • New York State Thruway Authority 0.15%
  • New York State Dormitory Authority 0.13%
  • Northwest Independent School District 0.12%
  • Houston Higher Education Finance Corp. 0.12%
  • State of New Jersey 0.12%
  • Ohio State University (The) 0.12%
  • State of Washington 0.12%
  • State of California 0.12%

Percentages are holdings overlap with the named fund.

Open HYD or MUB at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.