ETF comparison
HYD vs SUB
Both US Municipal Bond.
VanEck High Yield Muni ETF · iShares Short-Term National Muni Bond ETF
Holdings overlap
16 positions appear in both funds. Buying equal dollars of HYD and SUB would leave roughly 0.5% of each dollar exposed to the same underlying securities.
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.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
SUB is 25 bps cheaper than HYD. On a $100,000 position that's about $250/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 SUB.
Top shared holdings
16 shared in total| # | Holding | In HYD | In SUB | Overlap |
|---|---|---|---|---|
| 1 | State of Illinois | 0.09% | 0.14% | 0.09% |
| 2 | State of Illinois | 0.19% | 0.09% | 0.09% |
| 3 | Connecticut State Health & Educational Facilities Authority | 0.08% | 0.19% | 0.08% |
| 4 | New Jersey Educational Facilities Authority | 0.05% | 0.16% | 0.05% |
| 5 | Long Island Power Authority | 0.03% | 0.15% | 0.03% |
| 6 | Energy Northwest | 0.02% | 0.03% | 0.02% |
| 7 | Southern California Public Power Authority | 0.02% | 0.02% | 0.02% |
| 8 | City of Chicago IL Waterworks Revenue | 0.05% | 0.01% | 0.01% |
| 9 | Energy Northwest | 0.01% | 0.03% | 0.01% |
| 10 | State of Illinois | 0.01% | 0.04% | 0.01% |
| 11 | Aquarion Water Authority | 0.02% | 0.01% | 0.01% |
| 12 | State of Illinois | 0.01% | 0.03% | 0.01% |
Only in HYD
2,087 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 SUB
2,960 total- New Jersey Economic Development Authority 0.35%
- New York City Transitional Finance Authority Future Tax Secured 0.33%
- State of California 0.28%
- New York City Municipal Water Finance Authority 0.27%
- State of California 0.26%
- Triborough Bridge & Tunnel Authority 0.25%
- Empire State Development Corp. 0.24%
- University of California 0.24%
- New Jersey Turnpike Authority 0.24%
- State of California 0.23%
Related comparisons
More comparisons with HYD
- HYD vs JMST · JPMorgan Ultra-Short Municipal Income ETF 0.4%
- HYD vs CMF · iShares California Muni Bond ETF 0.2%
- HYD vs NYF · iShares New York Muni Bond ETF 0.2%
- HYD vs AGG · iShares Core U.S. Aggregate Bond ETF 0.0%
- HYD vs BAB · Invesco Taxable Municipal Bond ETF 0.0%
- HYD vs BND · Vanguard Total Bond Market Index Fund ETF Shares 0.0%
More comparisons with SUB
- SUB vs MUNI · PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund 0.5%
- SUB vs PZA · Invesco National AMT-Free Municipal Bond ETF 0.0%
- SUB vs ITM · VanEck Intermediate Muni ETF 0.0%
- SUB vs AGG · iShares Core U.S. Aggregate Bond ETF 0.0%
- SUB vs BAB · Invesco Taxable Municipal Bond ETF 0.0%
- SUB vs BND · Vanguard Total Bond Market Index Fund ETF Shares 0.0%
Percentages are holdings overlap with the named fund.
Open HYD or SUB 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.