LMUBvsHYDETF Comparison
VS
iShares Long-Term National Muni Bond ETF (LMUB) and VanEck High Yield Muni ETF (HYD) belong to the same industry segment: Municipal Bonds. LMUB's top 2 sector exposures are Municipal and Non-Corporate. In contrast, HYD's top sector exposures are Municipal. LMUB is less expensive with a Total Expense Ratio (TER) of 0.09%, versus 0.32% for HYD. LMUB is down -3.54% year-to-date (YTD) with +$1.75B in YTD flows. HYD performs better with -1.57% YTD performance, and +$535M in YTD flows. Run a side-by-side ETF comparison of LMUB 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
LMUB vs HYD performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | LMUB HYD | -0.62%-0.86% | -5.55%-3.95% | -3.54%-1.57% | -3.10%-0.91% | n/a+13.01% | n/a-4.06% |
| Flows | LMUB HYD | -$139M+$368M | +$76M+$62M | +$1.75B+$535M | +$1.75B+$981M | -+$1.81B | -+$1.62B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | LMUB HYD | +7.05%+5.81% | +4.52%+3.64% | n/a+4.51% | n/a+4.67% |
| Max drawdown | LMUB HYD | -8.31%-6.17% | -9.29%-6.77% | n/a-6.77% | n/a-19.44% |
| Max drawdown duration | LMUB HYD | 92d92d | 102d102d | n/a102d | n/a1747d |
Trading data
LMUB | HYD | |
Last sale 10/16/2026 at 1:30 PM | $47.31 | $48.74 |
| Previous close 10/15/2026 | $47.28 | $48.82 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of October 17, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
LMUB | HYD | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
LMUB | HYD | |
|---|---|---|
| Last price | $47.31 | $48.74 |
| 1D performance | +0.06% | -0.16% |
| AuM | $1.67 B | $4.35 B |
| E/R | 0.09% | 0.32% |
Advertisement
Exposure
Countries
LMUB
USA
56.44%
Other
43.56%
HYD
USA
60.08%
Other
39.92%
Sectors
LMUB
Municipal
53.58%
Other
46.42%
HYD
Municipal
60.08%
Other
39.92%
Advertisement
Diversification
LMUB
Total weight of top 15 holdings out of 15
10.72%
HYD
Total weight of top 15 holdings out of 15
8.65%
Top 15 holdings
Data as of August 31, 2026
LMUB
BlackRock Liquidity MuniCash
2.86%
Massachusetts, 5% 1oct2052, USD (2023)
0.86%
US64972JPQ57
0.63%
Oklahoma Capitol Improvement Authority, 5.25% 1jul2050, USD (2025A)
0.63%
US646039ZM26
0.61%
US70914P5R91
0.60%
US882725DA91
0.56%
US452153HP77
0.55%
US64985TGH86
0.53%
US452153PC72
0.52%
US812643C289
0.50%
Triborough Bridge and Tunnel Authority, 5% 15nov2041, USD (2026A-1)
0.48%
City of New York, 5.25% 1feb2050, USD (2025)
0.47%
US882270XW66
0.46%
Clark School District, 5% 15jun2040, USD (2026A)
0.46%
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 LMUB and HYD
How have the LMUB and HYD ETFs performed in 2026?
As of October 16, 2026, LMUB is down -3.54% year-to-date (YTD), while HYD has lost -1.57%. That puts HYD better performer ahead so far this year.
Which ETF is attracting more investor money: LMUB or HYD?
Year-to-date, the LMUB ETF saw +$1.75B in flows, compared to +$535M for HYD.
Which ETF is more volatile: LMUB or HYD?
Over the past year, LMUB had a volatility of 4.52%, while HYD experienced 3.64%.
Which ETF is bigger: LMUB or HYD?
As of October 16, 2026, LMUB holds $1.67 B in assets under management (AUM), while HYD manages $4.35 B.
What sectors do the LMUB and HYD ETFs invest in?
LMUB leans toward sectors like Municipal. Meanwhile, HYD focuses on Municipal.
What are the top holdings of the LMUB ETF and HYD ETF?
LMUB top holdings include BlackRock Liquidity MuniCash, Massachusetts, 5% 1oct2052, USD (2023) and US64972JPQ57. 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: LMUB or HYD?
LMUB holds 804 securities with 10.72% of its assets in the top 15. HYD has 1443 securities and a top 15 weight of 8.65%.
Advertisement
Latest news about LMUB & 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
