VanEckBonds & CashMunicipal#213 of 786 by YTD

VanEck Short High Yield Muni ETFSHYD

$22.660.0%

+$0.01 · Nov 9 close

AUM: $531M
Fee: 0.32%
Yield: 3.6%

Bumpy · 1Y: 0.2×S&P
Volume: 198K
NAV: $22.51

-USD CASH- 4.6%Chicago Board Of Education 4.6%City Of Houston Tx Airport System Reven 4.1%New York Transportation Development Cor 3.7%

52-week range6% below the high

$21.75$24.03

Returns	Today	1W	1M	3M	YTD	1Y	3Y	5Y	Max
Total return	0.0%	+0.5%	+3.0%	+0.8%	+1.9%	+3.1%	+16.8%	+6.4%	+33.8%
Peer average	+0.1%	+0.9%	+3.9%	−0.1%	+1.2%	+1.5%	+14.6%	+3.2%	—
S&P 500 · VOO	+2.3%	+0.1%	−3.3%	−2.1%	+11.3%	+13.6%	+81.6%	+75.4%	—

SHYD in One Breath

SHYD Among Municipal ETFs

YTD

#1MMMANY Life Investments+3.5%$60.0M

#2TAXTFlexShares+2.8%$198M

#3MYMGSPDR+2.6%$8.6M

#4SMMUPIMCO+2.5%$1.3B

#5OVMOverlay Shares+2.4%$45.7M

#6INMUiShares+2.4%$814M

#7SHYMiShares+2.4%$931M

#8TMNLT. Rowe Price+2.3%$24.7M

#25SHYDVanEck+1.9%$531M

End-of-day Nov 9, 2026 · 141 Municipal ETFs by YTD

$10,000 in SHYD

$10,000 in SHYD became

$10,643

In the S&P 500 (VOO)

$17,543

Total return, dividends in · Nov 1, 2021 – Nov 9, 2026 · S&P 500 uses VOO

SHYD’s Top Holdings

Today

-USD CASH-- Cash-4.6%Chicago Boar4.6%City Of Hous4.1%New York Tra3.7%Commonwealth2.7%California M1.7%Mission Econ1.6%Baldwin Coun1.4%California C1.2%New Jersey T1.1%Greater Orla1.1%Black Belt E1.1%Chandler Ind1.1%Patriots Ene1.0%Puerto Rico 1.0%Kentucky Pub0.9%California I0.9%New Hampshir0.8%City & Count0.7%Indiana Fina0.6%County Of Mi0.6%Alabama Toll

VanEck SHYD · 548 holdings · top 22 shown · tile size = share of the fund · as of Nov 9, 2026

What SHYD Holds

Today

All holdings100.0%

-USD CASH- 4.6 · Chicago Bo 4.6 · City Of Ho 4.1 · New York T 3.7 · Commonweal 2.7 · California 1.7 · Mission Ec 1.6

VanEck SHYD · share of the fund · as of Nov 9, 2026

-’s Share of SHYD

Today

4.6%

$46 of every $1,000 in SHYD is -

- held by SHYD

$24.5M

VanEck SHYD · each square = $10 of $1,000 · as of Nov 9, 2026

SHYD’s Share of Municipal ETFs

Today

0.2%

of the $247B in 166 Municipal ETFs

SHYD$531M0.2%

MUB$55.0B22.3%

VTEB$49.6B20.1%

163 others$142B57.4%

Municipal ETF AUM · Nov 9, 2026

SHYD Fee per $100 vs Peers

Today

$0.32a year
per $100

$32 a year on $10,000

VTEB$0.03

MUB$0.05

SUB$0.07

JMUB$0.18

CGMU$0.27

SHYD$0.32

Expense ratio · Municipal peers · Nov 9, 2026

Inside SHYD

548 holdings · as of Nov 9, 2026

SHYD

VanEck Short High Yield Muni ETF

Today

All holdings100.0%-USD CASH-4.6%Chicago Bo4.6%City Of Ho4.1%New York T3.7%Commonweal2.7%California1.7%534 more holdings69.1% of the fund

All holdings100.0%-USD CASH-4.6%Chicago Bo4.6%City Of Ho4.1%New York T3.7%542 more holdings78.6% of the fund

#	Ticker	Company	Weight ▼
1	—	- Cash-	4.60%
2	—	Chicago Board Of Education	4.60%
3	—	City Of Houston Tx Airport System Reven	4.05%
4	—	New York Transportation Development Cor	3.72%
5	—	Commonwealth Of Puerto Rico	2.70%
6	—	California Municipal Finance Authority	1.71%
7	—	Mission Economic Development	1.57%
8	—	Baldwin County Industrial Development A	1.40%
9	—	California Community Choice Financing A	1.19%
10	—	New Jersey Transportation Trust Fund Au	1.12%

See all 637 holdings ↓

VanEck SHYD · current holdings by weight · as of Nov 9, 2026 · each tile is one holding · top 20 = 35.8%

All SHYD Holdings

637 holdings · as of Nov 9, 2026

SHYD

SHYD’s Holdings

Today

#
1	—- Cash	4.60%	$460.39	24.5M	$24.5M
2	—California Municipal Finance Authority	1.35%	$135.44	7.1M	$7.2M
3	—Patriots Energy Group Financing Agency	1.00%	$100.09	5.0M	$5.3M
4	—Mission Economic Development	0.94%	$93.87	5.0M	$5.0M
5	—California Infrastructure & Economic De	0.88%	$87.77	7.6M	$4.7M
6	—Commonwealth Of Puerto Rico	0.82%	$82.29	4.0M	$4.4M
7	—New Jersey Transportation Trust Fund Au	0.80%	$80.38	6.0M	$4.3M
8	—Commonwealth Of Puerto Rico	0.76%	$75.77	4.0M	$4.0M
9	—Chicago Board Of Education	0.74%	$74.41	4.0M	$4.0M
10	—City & County Of Denver	0.74%	$74.31	3.9M	$3.9M
11	—Baldwin County Industrial Development	0.73%	$72.87	3.8M	$3.9M
12	—Greater Orlando Aviation Authority	0.72%	$72.19	3.7M	$3.8M
13	—New York Transportation Development Cor	0.69%	$69.41	3.7M	$3.7M
14	—Black Belt Energy Gas District	0.69%	$69.26	3.5M	$3.7M
15	—Baldwin County Industrial Development	0.67%	$67.25	3.6M	$3.6M

VanEck SHYD · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 9, 2026

How It Compares

SHYD

VanEck Short High Yield Muni ETF’s Peers

YTD


MUB	iSharesRead Desk	0.05%	+0.7%	+1.1%	$55.0B
VTEB	VanguardRead Desk	0.03%	+0.8%	+1.2%	$49.6B
SUB	iSharesRead Desk	0.07%	+1.6%	+2.4%	$13.4B
JMUB	J.P. MorganRead Desk	0.18%	+1.0%	+1.4%	$9.2B
CGMU	Capital GroupRead Desk	0.27%	+1.4%	+2.0%	$7.7B
SHYD	VanEckThis fundRead Desk	0.32%	+1.9%	+3.1%	$531M

Municipal peers · YTD and past-year returns · as of Nov 10, 2026 · sorted by AUM

Head to Head

Put SHYD head to head with MUB →

MUB vs SHYD

YTD

MUBiShares · MunicipalSHYDVanEck · Municipal

Year to date

+0.7%

+1.9%

SHYD wins+1.3 pts

Past year

+1.1%

+3.1%

SHYD wins+2.0 pts

Fee

0.05%

0.32%

MUB winslower fee

Yield

3.3%

3.6%

SHYD wins+0.4 pts

AUM

$55.0B

$531M

MUB103.6× more

3–1SHYD wins

iShares MUB and VanEck SHYD · year-to-date · as of Nov 10, 2026 · AUM not scored

SHYD vs VOO

YTD

SHYD · VanEck Short High Yield Muni

+1.9%

VOO · S&P 500

+11.3%

Gap

9.3 pts

VanEck SHYD and Vanguard VOO · YTD total return · as of Nov 10, 2026

SHYD vs Its Peer Average

YTD

SHYDAvsBPeer average

1D0.0%+0.1%

1M+3.0%+3.9%

3M+0.8%−0.1%

YTD+1.9%+1.2%

1Y+3.1%+1.5%

3Y+16.8%+14.6%

5Y+6.4%+3.2%

5–2SHYD wins

165 Municipal peers · each row scaled to its leader

How Bumpy Is SHYD?

View

SHYD

How Bumpy

0.2×the S&P 500’s swings

CalmerBumpierS&P 1×SHYD

Calm rank among 7 municipal funds#3

Other municipal funds0.1× to 0.3×

VanEck SHYD · daily swings over the past year vs the S&P 500

SHYD

Worst Drop

−4.2%from its Jun 26 high

Still below the highAt its high

$10,000 at the high is now$10,000

VanEck SHYD · fall from the highest close, past year

SHYD

On a Bad Day

0.1×the S&P 500’s fall

SHYD’s worst day: Tuesday, Mar 24

SHYD

−0.7%

S&P 500

−0.3%

Up days45 of every 100

S&P 500 up days52 of every 100

VanEck SHYD · average move on days the S&P 500 fell

SHYD

Return for the Bumps

1Y#1 of 7 municipal funds

#1SHYDVanEck

closest to cash

#2CGMUCapital Group

#3JMUBJ.P. Morgan

#4VTEBVanguard

#5MUBiShares

#6CMFiShares

#7SUBiShares

Every fund here earned less than cash (3.8%) over the past year; the bars still rank them by return for the bumps.

Ranked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.8%

SHYD

Cost

Today

$32a year per $10,000

VTEB

MUB

SUB

CMF

JMUB

$18

CGMU

$27

SHYD

$32

Expense ratio 0.32%, taken from the fund’s value

SHYD

Volatility & Beta

3.3%annual volatility

S&P 500 volatility13.7%

Downside volatility2.1%

Beta vs SPY0.05

Correlation vs SPY0.20

Beta rank, lowest first, of 7#2

Daily total returns × √252 · past 254 trading days

SHYD

Max Drawdown

−4.2%peak to trough

Peak closeJun 26, 2026

Current drawdownAt its high

Worst day−0.68% · Mar 24

Closing prices, dividends in

SHYD

Up / Down Capture

6%down capture vs SPY

Down days

Up days

S&P 500

100%

Up ÷ down capture1.47

Up days45.3% (S&P 52.4%)

Average daily move on SPY up days and down days

SHYD

Sharpe & Sortino vs Peers

Fund	Sharpe	Sortino	Volatility	Max DD	Beta	Fee / $10k
SHYD	−0.17	−0.26	3.3%	−4.2%	0.05	$32
CGMU	−0.58	−0.79	3.0%	−5.6%	0.06	$27
JMUB	−0.70	−0.96	3.4%	−5.9%	0.06	$18
VTEB	−0.71	−0.98	3.6%	−6.6%	0.07	$3
MUB	−0.72	−1.00	3.7%	−6.3%	0.08	$5
CMF	−0.79	−1.06	3.6%	−6.5%	0.08	$8
SUB	−0.98	−1.44	1.4%	−1.9%	0.02	$7

Sharpe = (return − 3.8% cash) ÷ volatility · Sortino uses downside volatility only

SHYD

Trading

Today

+0.67%above its holdings’ value

Close$22.66

NAV$22.51

Fee per $10,000$32 a year

Avg. volume 30D351K shares

Premium / discount history starts once daily NAV is saved

Close vs net asset value, Nov 9

The Details

SHYD

Fund Facts

Today

2014launched Jan 13

Tracks[…]

Exchange · CUSIPCBOE · 92189F387

StructureETF

Leverage1x

Cost on $10,000$32 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

VanEck SHYD · fund facts · as of Nov 10, 2026

SHYD

Payouts by Year

$0.0693per share, Nov 2026

Distribution yield3.6%

PaidEvery month

Latest ex-date · paidNov 2 · Nov 5, 2026

12 payouts added up$0.82 a share

VanEck SHYD · distributions by ex-date · 2021–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

SEC reported portfolio · 2026-07-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2026-04-30 ↗SEC reported portfolio · 2026-01-31 ↗SEC reported portfolio · 2025-10-31 ↗SEC reported portfolio · 2025-07-31 ↗summary prospectus · SEC 497K ↗SEC reported portfolio · 2025-04-30 ↗SEC reported portfolio · 2025-01-31 ↗SEC reported portfolio · 2024-10-31 ↗

Trading & Liquidity

Net asset value$22.51

Premium / discount[…]

Median spread · 30D[…]

Volume today198K

Average volume · 30D351K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.32%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$32.00

Our risk indicator2/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Nov 2, 2026	Nov 5, 2026	$0.0693
Oct 1, 2026	Oct 6, 2026	$0.0639
Sep 1, 2026	Sep 4, 2026	$0.0680
Aug 3, 2026	Aug 6, 2026	$0.0713
Jul 1, 2026	Jul 7, 2026	$0.0863
Jun 1, 2026	Jun 4, 2026	$0.0496
May 1, 2026	May 6, 2026	$0.0716
Apr 1, 2026	Apr 7, 2026	$0.0764
Mar 2, 2026	Mar 5, 2026	$0.0602
Feb 2, 2026	Feb 5, 2026	$0.0713
Dec 29, 2025	Dec 31, 2025	$0.0682
Nov 28, 2025	Dec 3, 2025	$0.0655

Issuer contentFrom VanEckHear the strategy from the people behind SHYD.No issuer videos have been published for this fund.Are you the issuer? Claim this fund →