ETF comparison
HYD vs TLT
US Municipal Bond vs US Treasury (Long).
VanEck High Yield Muni ETF · iShares 20+ Year Treasury Bond ETF
Holdings overlap
0 positions appear in both funds. Buying equal dollars of HYD and TLT would leave roughly 0.0% 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
TLT is 17 bps cheaper than HYD. On a $100,000 position that's about $170/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 TLT.
Top shared holdings
0 shared in totalNo shared holdings between these funds.
Only in HYD
2,103 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 TLT
46 total- United States of America 4.58%
- United States of America 4.50%
- United States of America 4.46%
- United States of America 4.40%
- United States of America 4.15%
- United States of America 4.04%
- United States of America 4.03%
- United States of America 3.95%
- United States of America 3.94%
- United States of America 3.86%
Related comparisons
More comparisons with HYD
- HYD vs VGLT · Vanguard Long-Term Treasury Index Fund ETF Shares 0.0%
- HYD vs VGSH · Vanguard Short-Term Treasury Index Fund ETF Shares 0.0%
- HYD vs VTIP · Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares 0.0%
- HYD vs CGMU · Capital Group Municipal Income ETF 8.0%
- HYD vs JMUB · JPMorgan Municipal ETF 7.7%
- HYD vs ITM · VanEck Intermediate Muni ETF 4.8%
More comparisons with TLT
- TLT vs HYG · iShares iBoxx $ High Yield Corporate Bond ETF 0.0%
- TLT vs HYLB · Xtrackers USD High Yield Corporate Bond ETF 0.0%
- TLT vs IAGG · iShares Core International Aggregate Bond ETF 0.0%
- TLT vs ICSH · iShares Ultra Short Duration Bond Active ETF 0.0%
- TLT vs ICVT · iShares Convertible Bond ETF 0.0%
- TLT vs IEF · iShares 7-10 Year Treasury Bond ETF 0.0%
Percentages are holdings overlap with the named fund.
Open HYD or TLT 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.