VanEckHigh Yield MuniSHYD · Cboe BZX

VanEck Short High Yield Muni ETF (SHYD)

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Price: $22.30; —11 Sept 2026
Assets: $457.3M; Total net assets
Expense ratio: 0.32%; Category 0.93%
Yield: 3.63%; Trailing distributions

1Y return: 0.7%-0.7%; Category 1.4%
3Y CAGR: 4.1%-0.6%; Category 4.6%
5Y CAGR: 0.5%+0.9%; Category -0.4%

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VanEck Short High Yield Muni ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-1.6%	-1.2%	-0.5%	-0.3%	+0.7%	+4.1%	+0.5%	+1.9%	+2.1%
High Yield Muni average	-2.8%	-3.0%	-1.4%	-0.4%	1.4%	4.6%	-0.4%	1.9%	2.3%
Difference	+1.3%	+1.8%	+0.8%	+0.1%	-0.7%	-0.6%	+0.9%	-0.1%	-0.2%

Holdings

Allocation as last published by the fund.

Credit quality

Share of the bonds by rating.

AAA0.1%
AA7.7%
A20.6%
BBB18.1%
BB23.0%
B3.3%
Below B0.1%
Other27.2%

Asset mix

Bonds99.1%
Cash0.9%
Stocks0.0%

ETF details

Issuer: VanEck
Category: Fixed Income · High Yield Muni
Ticker: SHYD
Exchange: Cboe BZX
Inception: 13 Jan 2014 (12.7 years)
Structure: Exchange Traded Fund
Expense ratio: 0.32% (category 0.93%)
Holdings turnover: 29% (category 56%)
Distribution yield: 3.63%
Beta, 3 years: 0.54
Total net assets: $457.3M
Average duration: 4.84 years
Average maturity: 10.11 years

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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