SHYDvsMLNETF Comparison
VS
VanEck Short High Yield Muni ETF (SHYD) and VanEck Long Muni ETF (MLN) belong to the same industry segment: Municipal Bonds. Both ETFs have the same top 1 sector exposures: Municipal. SHYD is more expensive with a Total Expense Ratio (TER) of 0.32%, versus 0.24% for MLN. SHYD is down -0.1% year-to-date (YTD) with +$114M in YTD flows. MLN performs worse with -3.29% YTD performance, and +$95M in YTD flows. Run a side-by-side ETF comparison of SHYD and MLN 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
SHYD vs MLN performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SHYD MLN | -0.09%-0.84% | -1.41%-5.48% | -0.10%-3.29% | +0.62%-3.06% | +12.92%+10.54% | +3.35%-9.18% |
| Flows | SHYD MLN | +$37M+$46M | +$55M+$51M | +$114M+$95M | +$134M+$120M | +$135M+$313M | +$124M+$549M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SHYD MLN | +3.46%+7.33% | +2.17%+4.62% | +2.40%+5.77% | +2.49%+6.07% |
| Max drawdown | SHYD MLN | -3.65%-8.15% | -3.75%-9.02% | -3.75%-9.02% | -12.01%-23.40% |
| Max drawdown duration | SHYD MLN | 64d92d | 102d102d | 102d102d | 1310d1747d |
Trading data
SHYD | MLN | |
Last sale 10/19/2026 at 1:30 PM | $22.25 | $16.51 |
| Previous close 10/16/2026 | $22.31 | $16.55 |
| Consolidated volume 10/16/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of October 19, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
SHYD | MLN | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/19/2026 at 1:30 PM
Live
Closed
SHYD | MLN | |
|---|---|---|
| Last price | $22.25 | $16.51 |
| 1D performance | -0.27% | -0.27% |
| AuM | $492.88 M | $699.23 M |
| E/R | 0.32% | 0.24% |
Characteristics
SHYD | MLN | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | VanEck | VanEck |
| Benchmark | ICE 1-12 Year Broad High Yield Crossover Municipal Index | ICE Long AMT-Free Broad National Municipal Index |
| N° of holdings | 266 | 346 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 13, 2014 | January 2, 2008 |
| ESG | No | No |
Advertisement
Exposure
Countries
SHYD
USA
57.59%
Other
42.41%
MLN
USA
56.14%
Other
43.86%
Sectors
SHYD
Municipal
57.59%
Other
42.41%
MLN
Municipal
56.14%
Other
43.86%
Advertisement
Diversification
SHYD
Total weight of top 15 holdings out of 15
14.21%
MLN
Total weight of top 15 holdings out of 15
7.99%
Top 15 holdings
Data as of August 31, 2026
SHYD
California Municipal Finance Authority, 4% 15jul2029, USD (2019)
1.70%
Patriots Energy Group Financing Agency, 5.25% 1oct2054, USD (2023A-1)
1.19%
Puerto Rico, 5.75% 1jul2031, USD
1.01%
Puerto Rico, 4% 1jul2033, USD
0.94%
Denver, 5% 1oct2032, USD (2017)
0.94%
Chicago Board of Education, 5% 1dec2036, USD (2017H)
0.93%
Greater Orlando Aviation Authority, 5.5% 1nov2037, USD (2025)
0.90%
US13034A7E44
0.89%
US09182TGC53
0.88%
US05786PAA12
0.87%
Houston Airport System, 5% 15jul2028, USD (2018)
0.86%
Mission Economic Development Corp., 4.625% 1oct2031, USD (2018)
0.84%
New York Transportation Development Corp., 4% 1jul2035, USD (2016A)
0.83%
Baldwin Industrial Development Authority, 4.3% 1mar2056, USD (2026A)
0.74%
Puerto Rico, 5.625% 1jul2029, USD
0.69%
MLN
Houston Convention and Entertainment Facilities Department, 5.5% 1sep2058, USD (2026C)
0.76%
City of New York, 5% 1sep2048, USD (2025)
0.74%
Onondaga Civic Development Corp., 5.5% 1dec2056, USD (2025)
0.52%
Texas Transportation Finance Corp., 5.5% 1oct2055, USD (2025A)
0.52%
US677523JU73
0.51%
Los Angeles Department of Airports, 5.25% 15may2051, USD (2025)
0.51%
US64990KHZ93
0.51%
Salt River Project Agricultural Improvement and Power District, 5.25% 1jan2055, USD (2025)
0.50%
New York Municipal Water Finance Authority, 5.25% 15jun2055, USD (2026)
0.50%
Colorado Bridge and Tunnel Enterprise, 5.25% 1dec2054, USD (2025A)
0.50%
City of New York, 5% 1oct2045, USD (2026)
0.50%
Massachusetts, 5% 1aug2054, USD (2024)
0.49%
North Carolina Turnpike Authority, 5% 1jan2058, USD (2024A)
0.49%
US93978LJN73
0.49%
US677632N648
0.47%
Frequently asked questions about SHYD and MLN
How have the SHYD and MLN ETFs performed in 2026?
As of October 16, 2026, SHYD is down -0.1% year-to-date (YTD), while MLN has lost -3.29%. That puts SHYD better performer ahead so far this year.
Which ETF is attracting more investor money: SHYD or MLN?
Year-to-date, the SHYD ETF saw +$114M in flows, compared to +$95M for MLN.
Which ETF is more volatile: SHYD or MLN?
Over the past year, SHYD had a volatility of 2.17%, while MLN experienced 4.62%.
Which ETF is bigger: SHYD or MLN?
As of October 16, 2026, SHYD holds $492.88 M in assets under management (AUM), while MLN manages $699.23 M.
What sectors do the SHYD and MLN ETFs invest in?
SHYD leans toward sectors like Municipal. Meanwhile, MLN focuses on Municipal.
What are the top holdings of the SHYD ETF and MLN ETF?
SHYD top holdings include California Municipal Finance Authority, 4% 15jul2029, USD (2019), Patriots Energy Group Financing Agency, 5.25% 1oct2054, USD (2023A-1) and Puerto Rico, 5.75% 1jul2031, USD. MLN holds in its top three: Houston Convention and Entertainment Facilities Department, 5.5% 1sep2058, USD (2026C), City of New York, 5% 1sep2048, USD (2025) and Onondaga Civic Development Corp., 5.5% 1dec2056, USD (2025).
Which ETF is more diversified: SHYD or MLN?
SHYD holds 520 securities with 14.21% of its assets in the top 15. MLN has 633 securities and a top 15 weight of 7.99%.
Advertisement
Advertisement
