VanEckHigh Yield MuniSHYD · Cboe BZX

VanEck Short High Yield Muni ETF (SHYD)

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Price: $22.62; —30 Oct 2026
Assets: $477.3M; Total net assets
Expense ratio: 0.32%; Category 0.93%
Yield: 3.76%; Trailing distributions

1Y return: 2.6%+2.0%; Category 0.6%
3Y CAGR: 5.3%-1.2%; Category 6.5%
5Y CAGR: 1.2%+1.0%; Category 0.1%

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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	+3.5%	+0.6%	+1.2%	+1.5%	+2.6%	+5.3%	+1.2%	+2.1%	+2.2%
High Yield Muni average	3.6%	-1.8%	-1.7%	0.1%	0.6%	6.5%	0.1%	2.2%	2.1%
Difference	-0.1%	+2.5%	+2.9%	+1.4%	+2.0%	-1.2%	+1.0%	-0.1%	+0.1%

Holdings

Allocation as last published by the fund.

Credit quality

Share of the bonds by rating.

AA7.0%
A20.2%
BBB18.0%
BB22.0%
B3.5%
Below B0.1%
Other29.3%

Asset mix

Bonds95.1%
Cash4.8%
Stocks0.1%

ETF details

Issuer: VanEck
Category: Fixed Income · High Yield Muni
Ticker: SHYD
Exchange: Cboe BZX
Inception: 13 Jan 2014 (12.8 years)
Structure: Exchange Traded Fund
Expense ratio: 0.32% (category 0.93%)
Holdings turnover: 29% (category 56%)
Distribution yield: 3.76%
Beta, 3 years: 0.56
Total net assets: $477.3M
Average duration: 4.89 years
Average maturity: 9.78 years

Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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