HYD ETF Analysis: High Yield Muni | BATS

High Yield Muni | BATS, USA | Market Cap: 4.389m USD | 12M Return: 6.5% | US92189H4092 | Charts, Fundamentals & Technical Analysis

Municipal Bonds, High-Yield Bonds, Tax-Exempt Bonds, USD Bonds
Total Rating 50
Safety 69
Buy Signal 0.03
High Yield Muni
Category Rotation: +0.4
TER: 0.32%
AUM: 4.39B
Avg Turnover: 43.6M
Risk 3d forecast
Volatility4.94%
VaR 5th Pctl0.86%
VaR vs Median-3.25%
Reward TTM
Sharpe Ratio0.53
Rel. Str. IBD28.3
Rel. Str. Peer Group21.4
Character TTM
Beta0.095
Beta Downside0.092
Hurst Exponent0.622
Drawdowns 3y
Max DD5.94%
CAGR/Max DD0.72
CAGR/Mean DD3.17

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Seasonality 11.6 years of data

Jan +0.3% 16
Feb +0.1% 8
Mar +0.0% 5
Apr -0.0% 7
May +0.6% 33
Jun +0.1% 7
Jul -0.2% 5
Aug -0.4% 18
Sep -1.0% 40
Oct -1.1% 41
Nov +0.1% 5
Dec -0.1% 2

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: HYD High Yield Muni

VanEck High Yield Muni ETF (HYD) is a passively managed fund that tracks a benchmark index of U.S. dollar-denominated, long-term, high yield tax-exempt municipal bonds. The fund commits at least 80% of its total assets to the securities included in that index, with the remainder potentially held in cash or other instruments.

Municipal bonds are debt securities issued by U.S. state and local governments, along with their agencies and authorities, typically to finance public infrastructure projects such as schools, hospitals, highways, and water systems. The high yield segment of this market consists of lower-rated municipal bonds that offer higher coupon rates in exchange for greater credit risk, while the tax-exempt classification means that interest income is generally exempt from federal income tax, and sometimes from state and local taxes as well for investors residing in the issuing state.

Headlines to Watch Out For
  • Fed rate cuts lift high-yield muni bond prices
  • State budget shortfalls raise default risk in munis
  • Federal tax reform threatens municipal bond exemption status
What is the price of HYD shares?

As of August 21, 2026, the stock is trading at USD 50.23 with a total of 1,209,071 shares traded. Over the past week, the price has changed by -0.83%, over one month by -1.00%, over three months by +0.48% and over the past year by +6.46%.

Current recommended Stop Loss: 49.80 (which is 0.9% or 2 ATR below the current price).

Is HYD a buy, sell or hold?

High Yield Muni has no consensus analysts rating.