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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
1.0 %

64 positions appear in both funds. Buying equal dollars of HYD and MUB would leave roughly 1.0% of each dollar exposed to the same underlying securities.

HYD unmatched 95.8% Shared 1.0% MUB unmatched 97.2%

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
2,039 positions
Shared
64 positions
In MUB only
6,589 positions

Side by side

HYD

VanEck High Yield Muni ETF

VanEck · US Municipal Bond

81 composite / 100
Expense ratio
0.32%
Net assets
$3.89B
TTM yield
4.51%
Top-10 conc.
6.3%
MUB

iShares National Muni Bond ETF

iShares · US Municipal Bond

97 composite / 100
Expense ratio
0.050%
Net assets
$46.62B
TTM yield
3.30%
Top-10 conc.
1.4%

Sub-score comparison

68
Cost
95
93
Tax efficiency
93
82
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

64 shared in total
# Holding In HYD In MUB Overlap
1 County of Jefferson AL Sewer Revenue 0.39% 0.08% 0.08%
2 New Jersey Educational Facilities Authority 0.05% 0.11% 0.05%
3 Chesapeake Bay Bridge & Tunnel District 0.11% 0.05% 0.05%
4 State of Illinois 0.09% 0.04% 0.04%
5 City of Chicago IL 0.04% 0.10% 0.04%
6 Hudson Yards Infrastructure Corp 0.04% 0.05% 0.04%
7 Connecticut State Health & Educational Facilities Authority 0.06% 0.04% 0.04%
8 State of Illinois 0.11% 0.04% 0.04%
9 New Jersey Transportation Trust Fund Authority 0.04% 0.04% 0.04%
10 Commonwealth of Massachusetts 0.05% 0.03% 0.03%
11 Connecticut State Health & Educational Facilities Authority 0.08% 0.03% 0.03%
12 Metropolitan Transportation Authority 0.05% 0.03% 0.03%

Only in HYD

2,039 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

6,589 total
  • Board of Regents of the University of Texas System 0.19%
  • New York State Thruway Authority 0.15%
  • San Antonio Water System 0.14%
  • Triborough Bridge & Tunnel Authority 0.14%
  • New York City Transitional Finance Authority Future Tax Secured 0.13%
  • New York State Dormitory Authority 0.13%
  • Ohio State University (The) 0.13%
  • Houston Higher Education Finance Corp. 0.13%
  • Northwest Independent School District 0.13%
  • State of New Jersey 0.13%

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.