PRIVvsHYDETF Comparison

ETF 1

PRIV

State Street IG Public & Private Credit ETF

This fund is part of

Intl IG Bonds

-0.07%

Full PRIV fund page

ETF 2

HYD

VanEck High Yield Muni ETF

This fund is part of

Municipal Bonds

-0.01%

Full HYD fund page

State Street IG Public & Private Credit ETF (PRIV) belongs to the Intl IG Bonds segment. VanEck High Yield Muni ETF (HYD) is part of the Municipal Bonds segment. PRIV's top 3 sector exposures are Sovereign, Industrials and Finance. In contrast, HYD's top sector exposures are Municipal. PRIV is more expensive with a Total Expense Ratio (TER) of 0.55%, versus 0.32% for HYD. PRIV is down -0.22% year-to-date (YTD) with +$749M in YTD flows. HYD performs better with 0.96% YTD performance, and +$355M in YTD flows. Run a side-by-side ETF comparison of PRIV 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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PRIV vs HYD performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 09/08/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	PRIV HYD	-0.06%-1.24%	-0.19%-1.20%	-0.22%+0.96%	+0.88%+3.58%	n/a+12.37%	n/a-3.09%
Flows	PRIV HYD	-$12M-$40M	-$16M+$2M	+$749M+$355M	+$707M+$962M	-+$1.61B	-+$1.09B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	PRIV HYD	+3.64%+2.83%	+3.46%+2.60%	n/a+4.39%	n/a+4.52%
Max drawdown	PRIV HYD	-1.59%-2.22%	-2.61%-2.84%	n/a-6.23%	n/a-19.62%
Max drawdown duration	PRIV HYD	71d64d	191d106d	n/a225d	n/a1826d

Trading data

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	PRIV	HYD
Last sale 9/9/2026 at 1:30 PM	$24.63	$49.23
Previous close 09/08/2026	$24.65	$49.45
Consolidated volume 09/08/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 10, 2026

1-year trailing difference

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PRIV

is actively managed and doesn’t replicate an index

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

Main metrics

Last update 9/9/2026 at 1:30 PM

Live

Closed

	PRIV	HYD
Last price	$24.63	$49.23
1D performance	-0.10%	-0.44%
AuM	$817.19 M	$4.28 B
E/R	0.55%	0.32%

Characteristics

	PRIV	HYD
Management strategy	Active	Passive
Provider	State Street Investment Management	VanEck
Benchmark	-	ICE Broad High Yield Crossover Municipal Index
N° of holdings	268	716
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	February 26, 2025	February 4, 2009
ESG	No	No

More PRIV data on Trackinsight

More HYD data on Trackinsight

Exposure

Countries

PRIV

USA

57.9%

Other

42.1%

HYD

USA

60.29%

Other

39.71%

Sectors

PRIV

Sovereign

15.72%

Industrials

13.35%

Finance

12.41%

Other

58.52%

HYD

Municipal

60.29%

Other

39.71%

Diversification

PRIV

Total weight of top 15 holdings out of 15

38.2%

HYD

Total weight of top 15 holdings out of 15

8.67%

Top 15 holdings

Data as of July 31, 2026

PRIV

USA, Notes 4.625% 15feb2035, USD (B-2035)

5.86%

USA, Bonds 4.75% 15aug2055, USD

4.88%

USA, Bonds 4.625% 15feb2055, USD

4.27%

US31418FJR91

2.76%

US31427QF565

2.54%

FR SD8491, 5% 1dec2054, USD (ABS)

2.53%

US3140XPCP22

2.24%

FN MA5820, 4.5% 1sep2055, USD (ABS)

2.18%

FN MA5530, 5% 1nov2054, USD (ABS)

2.01%

US8574924663

1.96%

US00188TAA88

1.85%

AT&T Mobility II LLC

1.44%

US31427REK23

1.34%

Southern Copper, 5.35% 24jun2036, USD

1.17%

US002941AB88

1.17%

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 PRIV and HYD

How have the PRIV and HYD ETFs performed in 2026?

As of September 8, 2026, PRIV is down -0.22% year-to-date (YTD), while HYD has returned 0.96%. That puts HYD better performer ahead so far this year.

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

Year-to-date, the PRIV ETF saw +$749M in flows, compared to +$355M for HYD.

Which ETF is more volatile: PRIV or HYD?

Over the past year, PRIV had a volatility of 3.46%, while HYD experienced 2.6%.

Which ETF is bigger: PRIV or HYD?

As of September 8, 2026, PRIV holds $817.19 M in assets under management (AUM), while HYD manages $4.28 B.

What sectors do the PRIV and HYD ETFs invest in?

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

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

PRIV top holdings include USA, Notes 4.625% 15feb2035, USD (B-2035), USA, Bonds 4.75% 15aug2055, USD and USA, Bonds 4.625% 15feb2055, USD. 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).

PRIVvsHYDETF Comparison

State Street IG Public & Private Credit ETF

VanEck High Yield Muni ETF

PRIV 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 PRIV and HYD ETFs performed in 2026?

As of September 8, 2026, PRIV is down -0.22% year-to-date (YTD), while HYD has returned 0.96%. That puts HYD better performer ahead so far this year.

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

Year-to-date, the PRIV ETF saw +$749M in flows, compared to +$355M for HYD.

Which ETF is more volatile: PRIV or HYD?

Over the past year, PRIV had a volatility of 3.46%, while HYD experienced 2.6%.

Which ETF is bigger: PRIV or HYD?

As of September 8, 2026, PRIV holds $817.19 M in assets under management (AUM), while HYD manages $4.28 B.

What sectors do the PRIV and HYD ETFs invest in?

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

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

Which ETF is more diversified: PRIV or HYD?

PRIV holds 341 securities with 38.2% of its assets in the top 15. HYD has 1439 securities and a top 15 weight of 8.67%.

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