VanEck High Yield Muni ETF·Financial Services

HYD is a muni bond ETF, investing in both high-yield and investment-grade muni bonds. It has a tax-advantaged 4.4% yield, which should provide above-average income to some investors in higher tax brackets. It seems broadly inferior to FLMI, another muni bond ETF, with higher-quality holdings and stronger performance.

As we navigate the first quarter of 2026, advisor interest is increasingly shifting toward traditional hedges and quality-oriented products. VanEck, a pioneer in thematic and hard-asset investing, has seen its lineup take center stage as market participants grapple with a shifting macro environment.
The VanEck High Yield Muni ETF (HYD) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE Broad High Yield Crossover Municipal Index (MHYX), which is intended to track the overall performance of the U.S. dollar denominated high yield long-term tax-exempt bond market.
Financial Services
Asset Management
2009-02-05
1.02
Market Peers





