SHYDvsSUBETF Comparison
VS
VanEck Short High Yield Muni ETF (SHYD) and iShares Short-Term National Muni Bond ETF (SUB) belong to the same industry segment: Municipal Bonds. Both ETFs have the same top 3 sector exposures: and Municipal. SHYD is more expensive with a Total Expense Ratio (TER) of 0.32%, versus 0.07% for SUB. SHYD is down -0.09% year-to-date (YTD) with +$27M in YTD flows. SUB performs better with 0.39% YTD performance, and +$571M in YTD flows. Run a side-by-side ETF comparison of SHYD and SUB 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 SUB performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/02/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SHYD SUB | -1.31%-0.54% | -0.12%+0.37% | -0.09%+0.39% | +3.51%+3.06% | +10.99%+8.22% | +5.24%+7.35% |
| Flows | SHYD SUB | +$5M+$170M | +$27M+$571M | +$27M+$571M | +$95M+$2.12B | +$8M+$383M | +$174M+$6.44B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SHYD SUB | +2.01%+0.95% | +2.76%+1.24% | +2.32%+1.13% | +2.36%+1.13% |
| Max drawdown | SHYD SUB | -2.14%-0.81% | -2.90%-1.33% | -3.65%-1.44% | -12.47%-4.20% |
| Max drawdown duration | SHYD SUB | 32d35d | 80d52d | 244d217d | 1477d853d |
Trading data
SHYD | SUB | |
Last sale 4/2/2026 at 1:30 PM | $22.64 | $106.43 |
| Previous close 04/02/2026 | $22.61 | $106.38 |
| Consolidated volume 04/02/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of April 5, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
SHYD | SUB | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 4/2/2026 at 1:30 PM
Live
Closed
SHYD | SUB | |
|---|---|---|
| Last price | $22.64 | $106.43 |
| 1D performance | +0.13% | +0.05% |
| AuM | $415.14 M | $10.93 B |
| E/R | 0.32% | 0.07% |
Characteristics
SHYD | SUB | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | VanEck | iShares |
| Benchmark | ICE 1-12 Year Broad High Yield Crossover Municipal Index | ICE Short Maturity AMT-Free US National Municipal Index |
| N° of holdings | 188 | 1197 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 13, 2014 | November 5, 2008 |
| ESG | No | No |
Advertisement
Exposure
Countries
SHYD
USA
100%
Other
-0%
SUB
USA
100.27%
Other
-0.27%
Sectors
SHYD
Municipal
43.95%
Other
56.05%
SUB
Municipal
48.05%
Other
51.95%
Advertisement
Diversification
SHYD
Total weight of top 15 holdings out of 15
14.23%
SUB
Total weight of top 15 holdings out of 15
4.75%
Top 15 holdings
Data as of February 28, 2026
SHYD
California Municipal Finance Authority, 4% 15jul2029, USD (2019)
1.65%
Patriots Energy Group Financing Agency, 5.25% 1oct2054, USD (2023A-1)
1.38%
Puerto Rico, 5.75% 1jul2031, USD
1.10%
Puerto Rico, 4% 1jul2033, USD
1.01%
Denver, 5% 1oct2032, USD (2017)
0.99%
US39227AAD46
0.98%
US05786PAA12
0.93%
Mission Economic Development Corp., 4.625% 1oct2031, USD (2018)
0.90%
New York Transportation Development Corp., 4% 1jan2036, USD (2018)
0.90%
US13034A7E44
0.79%
US74440DFN93
0.78%
Puerto Rico, 5.625% 1jul2029, USD
0.77%
New York Transportation Development Corp., 5.25% 1aug2031, USD (2020)
0.75%
US13013JCS33
0.67%
California Housing Finance Agency, 4% 20mar2033, USD (2019-2)
0.64%
SUB
US09248U8412
1.00%
New Jersey Economic Development Authority, 5% 1mar2028, USD (2023)
0.39%
US495290ET12
0.36%
US13063EDB92
0.29%
Empire State Development Corp., 5% 15sep2028, USD (2022A)
0.27%
US91412HWB58
0.27%
US646140JM63
0.26%
US709225JD92
0.26%
California, 5% 1apr2029, USD
0.26%
California, 5% 1nov2027, USD
0.26%
New York Urban Development Corp., 5% 15mar2026, USD
0.24%
US20775DL756
0.23%
US254845VW74
0.23%
US207758Y563
0.23%
US64972JYW25
0.22%
Frequently asked questions about SHYD and SUB
How have the SHYD and SUB ETFs performed in 2026?
As of April 2, 2026, SHYD is down -0.09% year-to-date (YTD), while SUB has returned 0.39%. That puts SUB better performer ahead so far this year.
Which ETF is attracting more investor money: SHYD or SUB?
Year-to-date, the SHYD ETF saw +$27M in flows, compared to +$571M for SUB.
Which ETF is more volatile: SHYD or SUB?
Over the past year, SHYD had a volatility of 2.76%, while SUB experienced 1.24%.
Which ETF is bigger: SHYD or SUB?
As of April 2, 2026, SHYD holds $415.14 M in assets under management (AUM), while SUB manages $10.93 B.
What sectors do the SHYD and SUB ETFs invest in?
SHYD leans toward sectors like Municipal. Meanwhile, SUB focuses on Municipal.
What are the top holdings of the SHYD ETF and SUB 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. SUB holds in its top three: US09248U8412, New Jersey Economic Development Authority, 5% 1mar2028, USD (2023) and US495290ET12.
Which ETF is more diversified: SHYD or SUB?
SHYD holds 467 securities with 14.23% of its assets in the top 15. SUB has 2740 securities and a top 15 weight of 4.75%.
Advertisement
Latest news about SHYD & SUB
Advertisement
