FTSDvsHYDETF Comparison
VS
Franklin Short Duration U.S. Government ETF (FTSD) belongs to the US Government Bonds segment. VanEck High Yield Muni ETF (HYD) is part of the Municipal Bonds segment. FTSD's top 3 sector exposures are Sovereign, Industrials and Non-Corporate. In contrast, HYD's top sector exposures are Municipal. FTSD is less expensive with a Total Expense Ratio (TER) of 0.25%, versus 0.32% for HYD. FTSD is up 1.58% year-to-date (YTD) with +$59M in YTD flows. HYD performs worse with 0.91% YTD performance, and +$367M in YTD flows. Run a side-by-side ETF comparison of FTSD and HYD below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
FTSD vs HYD performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/03/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FTSD HYD | +0.25%-0.61% | +0.60%-1.22% | +1.58%+0.91% | +3.29%+5.25% | +15.52%+12.05% | +13.79%-3.18% |
| Flows | FTSD HYD | +$27M-$83M | +$43M+$86M | +$59M+$367M | +$86M+$1.00B | +$147M+$1.62B | -$121M+$1.10B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FTSD HYD | +1.24%+2.83% | +0.99%+2.77% | +1.12%+4.39% | +1.38%+4.52% |
| Max drawdown | FTSD HYD | -0.28%-2.22% | -0.55%-2.84% | -0.55%-6.23% | -4.98%-19.66% |
| Max drawdown duration | FTSD HYD | 19d59d | 40d106d | 40d225d | 812d1823d |
Trading data
FTSD | HYD | |
Last sale 9/4/2026 at 1:30 PM | $89.72 | $49.47 |
| Previous close 09/03/2026 | $89.71 | $49.44 |
| Consolidated volume 09/03/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 5, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
FTSD
is actively managed and doesn’t replicate an indexFTSD | HYD | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/4/2026 at 1:30 PM
Live
Closed
FTSD | HYD | |
|---|---|---|
| Last price | $89.72 | $49.47 |
| 1D performance | +0.01% | +0.06% |
| AuM | $327.71 M | $4.29 B |
| E/R | 0.25% | 0.32% |
Characteristics
FTSD | HYD | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Franklin Templeton | VanEck |
| Benchmark | - | ICE Broad High Yield Crossover Municipal Index |
| N° of holdings | 26 | 716 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 11, 2013 | February 4, 2009 |
| ESG | No | No |
Exposure
Countries
FTSD
USA
61.22%
Other
38.78%
HYD
USA
60.29%
Other
39.71%
Sectors
FTSD
Sovereign
44.52%
Industrials
9%
Other
46.48%
HYD
Municipal
60.29%
Other
39.71%
Diversification
FTSD
Total weight of top 15 holdings out of 15
56.08%
HYD
Total weight of top 15 holdings out of 15
8.67%
Top 15 holdings
Data as of July 31, 2026
FTSD
Franklin Institutional US Government Money Market Fund
6.85%
USA, Notes 4.25% 31dec2026, USD (BM-2026)
6.37%
USA, Notes 4.125% 31oct2026, USD (BJ-2026)
4.77%
US01F0526800
4.41%
USA, Notes 4.5% 15apr2027, USD (AM-2027)
4.15%
USA, Notes 4.375% 15jul2027, USD (AQ-2027)
3.19%
USA, Notes 4.125% 31jan2027, USD (AW-2027)
3.18%
USA, Notes 4.125% 28feb2027, USD (AY-2027)
3.18%
USA, Notes 4.25% 15jan2028, USD (AJ-2028)
3.18%
USA, Notes 4.125% 30sep2027, USD (AD-2027)
3.18%
USA, Notes 3.875% 31may2027, USD (BC-2027)
3.17%
USA, Notes 4.125% 31jul2028, USD (AB-2028)
3.17%
USA, Notes 4% 15dec2027, USD (AV-2027)
3.17%
USA, Notes 3.875% 31dec2027, USD (AH-2027)
2.22%
G2 MB0025, 5% 20nov2054, USD (ABS)
1.89%
HYD
Puerto Rico Sales Tax Financing Corp., 0% 1jul2046, USD (10001D)
1.00%
Chicago Board of Education, 5% 1dec2042, USD (2012A)
0.81%
Tobacco Settlement Financing Corp. (NJ), 5% 1jun2046, USD (2018B)
0.74%
Buckeye Tobacco Settlement Financing Authority, 5% 1jun2055, USD (2020B-2)
0.70%
New York Transportation Development Corp., 5% 1jul2046, USD (2016A)
0.63%
Puerto Rico Sales Tax Financing Corp., 4.75% 1jul2053, USD
0.57%
Chicago Board of Education, 5.25% 1dec2039, USD (2015C)
0.55%
Florida Development Finance Corp., 5% 1jul2044, USD (2024)
0.50%
New York Transportation Development Corp., 5.25% 1jan2050, USD (2016A)
0.48%
Puerto Rico Sales Tax Financing Corp., 5% 1jul2058, USD
0.47%
Arkansas Development Finance Authority, 5.45% 1sep2052, USD (2022)
0.45%
California Municipal Finance Authority, 4% 15jul2029, USD (2019)
0.44%
Iowa Finance Authority, 4.75% 1aug2042, USD (2012)
0.44%
California Statewide Communities Development Authority, 5.25% 1dec2056, USD (2016A)
0.44%
US442349GA89
0.44%
Frequently asked questions about FTSD and HYD
How have the FTSD and HYD ETFs performed in 2026?
As of September 3, 2026, FTSD is up 1.58% year-to-date (YTD), while HYD has returned 0.91%. That puts FTSD better performer ahead so far this year.
Which ETF is attracting more investor money: FTSD or HYD?
Year-to-date, the FTSD ETF saw +$59M in flows, compared to +$367M for HYD.
Which ETF is more volatile: FTSD or HYD?
Over the past year, FTSD had a volatility of 0.99%, while HYD experienced 2.77%.
Which ETF is bigger: FTSD or HYD?
As of September 3, 2026, FTSD holds $327.71 M in assets under management (AUM), while HYD manages $4.29 B.
What sectors do the FTSD and HYD ETFs invest in?
FTSD leans toward sectors like Sovereign and Industrials. Meanwhile, HYD focuses on Municipal.
What are the top holdings of the FTSD ETF and HYD ETF?
FTSD top holdings include Franklin Institutional US Government Money Market Fund, USA, Notes 4.25% 31dec2026, USD (BM-2026) and USA, Notes 4.125% 31oct2026, USD (BJ-2026). HYD holds in its top three: Puerto Rico Sales Tax Financing Corp., 0% 1jul2046, USD (10001D), Chicago Board of Education, 5% 1dec2042, USD (2012A) and Tobacco Settlement Financing Corp. (NJ), 5% 1jun2046, USD (2018B).
Which ETF is more diversified: FTSD or HYD?
FTSD holds 334 securities with 56.08% of its assets in the top 15. HYD has 1439 securities and a top 15 weight of 8.67%.
Advertisement
Latest news about FTSD & HYD
How Investors can Maximize Tax Efficiency with Income ETFs
July 22, 2026
HYD
Which Types of Bond ETFs Are the Most Tax Efficient?
September 2, 2025
HYD
Advertisement
Advertisement
