GBNDvsHYDETF Comparison

ETF 1

GBND

Goldman Sachs Core Bond ETF

This fund is part of

Intl IG Bonds

-0.13%

Full GBND fund page

ETF 2

HYD

VanEck High Yield Muni ETF

This fund is part of

Municipal Bonds

+0.2%

Full HYD fund page

Goldman Sachs Core Bond ETF (GBND) belongs to the Intl IG Bonds segment. VanEck High Yield Muni ETF (HYD) is part of the Municipal Bonds segment. GBND's top 3 sector exposures are Sovereign, Industrials and Finance. In contrast, HYD's top sector exposures are Municipal. GBND is less expensive with a Total Expense Ratio (TER) of 0.26%, versus 0.32% for HYD. GBND is down -1.35% year-to-date (YTD) with +$576M in YTD flows. HYD performs better with -0.53% YTD performance, and +$605M in YTD flows. Run a side-by-side ETF comparison of GBND 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.

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GBND vs HYD performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/23/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	GBND HYD	+0.69%+0.88%	-0.71%-1.85%	-1.35%-0.53%	-1.38%-0.16%	n/a+16.23%	n/a-2.77%
Flows	GBND HYD	+$36M+$438M	+$107M+$132M	+$576M+$605M	+$621M+$1.05B	-+$1.97B	-+$1.73B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	GBND HYD	+4.69%+5.92%	+4.00%+3.73%	n/a+4.49%	n/a+4.68%
Max drawdown	GBND HYD	-3.51%-6.09%	-4.97%-6.77%	n/a-6.77%	n/a-19.44%
Max drawdown duration	GBND HYD	59d71d	236d109d	n/a109d	n/a1754d

Trading data

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	GBND	HYD
Last sale 10/23/2026 at 1:30 PM	$48.78	$49.23
Previous close 10/22/2026	$48.81	$49.25
Consolidated volume 10/22/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of October 25, 2026

1-year trailing difference

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GBND

is actively managed and doesn’t replicate an index

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	GBND	HYD
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/23/2026 at 1:30 PM

Live

Closed

	GBND	HYD
Last price	$48.78	$49.23
1D performance	-0.06%	-0.04%
AuM	$618.74 M	$4.46 B
E/R	0.26%	0.32%

Characteristics

	GBND	HYD
Management strategy	Active	Passive
Provider	Goldman Sachs	VanEck
Benchmark	-	ICE Broad High Yield Crossover Municipal Index
N° of holdings	581	714
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	June 25, 2025	February 4, 2009
ESG	No	No

More GBND data on Trackinsight

More HYD data on Trackinsight

Exposure

Countries

GBND

USA

58.43%

Other

41.57%

HYD

USA

60.08%

Other

39.92%

Sectors

GBND

Sovereign

25.74%

Industrials

14.65%

Finance

10.26%

Other

49.35%

HYD

Municipal

60.08%

Other

39.92%

Diversification

GBND

Total weight of top 15 holdings out of 15

35.54%

HYD

Total weight of top 15 holdings out of 15

8.65%

Top 15 holdings

Data as of August 31, 2026

GBND

USA, Notes 3.875% 30nov2029, USD (S-2029)

6.67%

Fannie Mae or Freddie Mac TBA, 2.5% 1apr2046, USD (ABS)

4.15%

USA, Notes 3.5% 15oct2028, USD (AT-2028)

3.04%

USA, Notes 3.375% 29feb2028, USD (AY-2028)

2.84%

USA, Bonds 4.5% 15nov2054, USD

2.39%

USA, Bonds 5% 15may2056, USD

2.38%

USA, Bonds 4.25% 15aug2054, USD

2.30%

US3133QBD264

1.75%

USA, Bonds 4.875% 15aug2045, USD

1.60%

USA, Bonds 4.625% 15feb2046, USD

1.59%

FR SD8200, 2.5% 1mar2052, USD (ABS)

1.48%

US31427SSM16

1.45%

US21H0606978

1.33%

US3142GYH657

1.30%

US01F0424915

1.28%

HYD

Puerto Rico Sales Tax Financing Corp., 0% 1jul2046, USD (10001D)

1.01%

Chicago Board of Education, 5% 1dec2042, USD (2012A)

0.79%

Tobacco Settlement Financing Corp. (NJ), 5% 1jun2046, USD (2018B)

0.74%

New York Transportation Development Corp., 5% 1jul2046, USD (2016A)

0.63%

Buckeye Tobacco Settlement Financing Authority, 5% 1jun2055, USD (2020B-2)

0.62%

Puerto Rico Sales Tax Financing Corp., 4.75% 1jul2053, USD

0.61%

Chicago Board of Education, 5.25% 1dec2039, USD (2015C)

0.55%

Florida Development Finance Corp., 5% 1jul2044, USD (2024)

0.52%

New York Transportation Development Corp., 5.25% 1jan2050, USD (2016A)

0.48%

Puerto Rico Sales Tax Financing Corp., 5% 1jul2058, USD

0.47%

US442349GA89

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%

Frequently asked questions about GBND and HYD

How have the GBND and HYD ETFs performed in 2026?

As of October 23, 2026, GBND is down -1.35% year-to-date (YTD), while HYD has lost -0.53%. That puts HYD better performer ahead so far this year.

Which ETF is attracting more investor money: GBND or HYD?

Year-to-date, the GBND ETF saw +$576M in flows, compared to +$605M for HYD.

Which ETF is more volatile: GBND or HYD?

Over the past year, GBND had a volatility of 4%, while HYD experienced 3.73%.

Which ETF is bigger: GBND or HYD?

As of October 23, 2026, GBND holds $618.74 M in assets under management (AUM), while HYD manages $4.46 B.

What sectors do the GBND and HYD ETFs invest in?

GBND leans toward sectors like Sovereign, Industrials and Finance. Meanwhile, HYD focuses on Municipal.

What are the top holdings of the GBND ETF and HYD ETF?

GBND top holdings include USA, Notes 3.875% 30nov2029, USD (S-2029), Fannie Mae or Freddie Mac TBA, 2.5% 1apr2046, USD (ABS) and USA, Notes 3.5% 15oct2028, USD (AT-2028). 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).

GBNDvsHYDETF Comparison

Goldman Sachs Core Bond ETF

VanEck High Yield Muni ETF

GBND vs HYD performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the GBND and HYD ETFs performed in 2026?

As of October 23, 2026, GBND is down -1.35% year-to-date (YTD), while HYD has lost -0.53%. That puts HYD better performer ahead so far this year.

Which ETF is attracting more investor money: GBND or HYD?

Year-to-date, the GBND ETF saw +$576M in flows, compared to +$605M for HYD.

Which ETF is more volatile: GBND or HYD?

Over the past year, GBND had a volatility of 4%, while HYD experienced 3.73%.

Which ETF is bigger: GBND or HYD?

As of October 23, 2026, GBND holds $618.74 M in assets under management (AUM), while HYD manages $4.46 B.

What sectors do the GBND and HYD ETFs invest in?

GBND leans toward sectors like Sovereign, Industrials and Finance. Meanwhile, HYD focuses on Municipal.

What are the top holdings of the GBND ETF and HYD ETF?

Which ETF is more diversified: GBND or HYD?

GBND holds 733 securities with 35.54% of its assets in the top 15. HYD has 1443 securities and a top 15 weight of 8.65%.

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