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ETF comparison

HYD vs ITM

Both US Municipal Bond.

VanEck High Yield Muni ETF · VanEck Intermediate Muni ETF

Holdings overlap

Weighted by ISIN/CUSIP
4.6 %

71 positions appear in both funds. Buying equal dollars of HYD and ITM would leave roughly 4.6% of each dollar exposed to the same underlying securities.

HYD only 90.6% Shared 4.6% ITM only 93.4%
In HYD only
1,840 positions
Shared
71 positions
In ITM only
1,293 positions

Side by side

HYD

VanEck High Yield Muni ETF

VanEck · US Municipal Bond

82 composite / 100
Expense ratio
0.32%
Net assets
$4.52B
TTM yield
4.32%
Top-10 conc.
6.6%
ITM

VanEck Intermediate Muni ETF

VanEck · US Municipal Bond

84 composite / 100
Expense ratio
0.18%
Net assets
$2.19B
TTM yield
2.97%
Top-10 conc.
3.8%

Sub-score comparison

68
Cost
82
93
Tax efficiency
93
85
Liquidity
71
100
Concentration
100
—
Tracking quality
—
HYD sub-score ITM

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

Cost difference

ITM is 14 bps cheaper than HYD. On a $100,000 position that's about $140/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 ITM.

Top shared holdings

71 shared in total
# Holding In HYD In ITM Overlap
1 California Community Choice Financing Authority 0.23% 0.25% 0.23%
2 Black Belt Energy Gas District 0.22% 0.23% 0.22%
3 California Community Choice Financing Authority 0.22% 0.25% 0.22%
4 Salt Verde Financial Corp 0.16% 0.22% 0.16%
5 Michigan State Hospital Finance Authority 0.13% 0.18% 0.13%
6 California Community Choice Financing Authority 0.13% 0.44% 0.13%
7 Kentucky Public Energy Authority 0.14% 0.12% 0.12%
8 New York Energy Finance Development Corp 0.12% 0.24% 0.12%
9 M-S-R Energy Authority 0.14% 0.09% 0.09%
10 Southeast Energy Authority A Cooperative District 0.15% 0.09% 0.09%
11 California Community Choice Financing Authority 0.15% 0.09% 0.09%
12 Southeast Energy Authority A Cooperative District 0.09% 0.27% 0.09%

Only in HYD

1,840 total
  • Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.99%
  • Buckeye Tobacco Settlement Financing Authority 0.87%
  • Tobacco Settlement Financing Corp 0.71%
  • Chicago Board of Education 0.67%
  • New York Transportation Development Corp 0.66%
  • Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.63%
  • Chicago Board of Education 0.57%
  • Florida Development Finance Corp 0.54%
  • New York Transportation Development Corp 0.51%
  • City of Houston TX Airport System Revenue 0.49%

Only in ITM

1,293 total
  • New Jersey Educational Facilities Authority 0.53%
  • California Community Choice Financing Authority 0.50%
  • State of California 0.44%
  • State of California 0.30%
  • New York City Municipal Water Finance Authority 0.29%
  • California Housing Finance Agency 0.28%
  • New Hampshire Business Finance Authority 0.27%
  • Salem-Keizer School District No 24J 0.26%
  • Commonwealth Financing Authority 0.26%
  • State of Maryland 0.26%

Open HYD or ITM at a brokerage

Both funds trade commission-free at major US brokerages.

Open at Fidelity

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.