SHYDvsVTEBETF Comparison

ETF 1

SHYD

VanEck Short High Yield Muni ETF

This fund is part of

Municipal Bonds

-0%

Full SHYD fund page

ETF 2

VTEB

Vanguard Tax-Exempt Bond Index ETF

This fund is part of

Municipal Bonds

-0%

Full VTEB fund page

VanEck Short High Yield Muni ETF (SHYD) and Vanguard Tax-Exempt Bond Index ETF (VTEB) 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 0.03% for VTEB. SHYD is down -0.1% year-to-date (YTD) with +$114M in YTD flows. VTEB performs worse with -2.08% YTD performance, and +$10.89B in YTD flows. Run a side-by-side ETF comparison of SHYD and VTEB 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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SHYD vs VTEB performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 10/16/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	SHYD VTEB	-0.09%-0.21%	-1.41%-3.46%	-0.10%-2.08%	+0.62%-1.57%	+12.92%+10.28%	+3.35%+1.27%
Flows	SHYD VTEB	+$37M+$5.04B	+$55M+$7.65B	+$114M+$10.89B	+$134M+$12.82B	+$135M+$24.62B	+$124M+$39.99B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	SHYD VTEB	+3.46%+5.28%	+2.17%+3.33%	+2.40%+3.84%	+2.49%+3.82%
Max drawdown	SHYD VTEB	-3.65%-5.92%	-3.75%-6.63%	-3.75%-6.63%	-12.01%-12.41%
Max drawdown duration	SHYD VTEB	64d92d	102d102d	102d102d	1310d1001d

Trading data

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	SHYD	VTEB
Last sale 10/19/2026 at 2:14 PM	$22.28	$47.92
Previous close 10/16/2026	$22.31	$48.00
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 September 30, 2026

1-year trailing difference

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	SHYD	VTEB
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/19/2026 at 2:14 PM

Live

Closed

	SHYD	VTEB
Last price	$22.28	$47.92
1D performance	-0.13%	-0.17%
AuM	$492.88 M	$51.37 B
E/R	0.32%	0.03%

Characteristics

	SHYD	VTEB
Management strategy	Passive	Passive
Provider	VanEck	Vanguard
Benchmark	ICE 1-12 Year Broad High Yield Crossover Municipal Index	S&P National AMT-Free Municipal Bond Index
N° of holdings	266	5200
Asset class	-	Bonds
Trailing 12m distribution yield	Join	Join
Inception date	January 13, 2014	August 21, 2015
ESG	No	No

More SHYD data on Trackinsight

More VTEB data on Trackinsight

Exposure

Countries

SHYD

USA

57.59%

Other

42.41%

VTEB

USA

55.18%

Other

44.82%

Sectors

SHYD

Municipal

57.59%

Other

42.41%

VTEB

Municipal

55.18%

Other

44.82%

Diversification

SHYD

Total weight of top 15 holdings out of 15

14.21%

VTEB

Total weight of top 15 holdings out of 15

1.57%

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%

VTEB

US13063EUN48

0.16%

US13063EUP95

0.15%

City of New York, 5% 1aug2034, USD (2026)

0.12%

University of California, 5% 15may2036, USD (2025)

0.11%

US68608JXF38

0.10%

Idaho, 4% 30jun2027, USD (2026)

0.10%

US87638QBF54

0.10%

California, 5.25% 1aug2032, USD

0.10%

US646140KX00

0.10%

New Jersey Health Care Facilities Financing Authority, 1.9% 1jul2061, USD (2026B-1)

0.10%

City of New York, 5% 1aug2032, USD (2026)

0.09%

US574193YA01

0.09%

Wisconsin, 5% 1may2038, USD (2026)

0.09%

Triborough Bridge and Tunnel Authority, 5% 1feb2028, USD (2026A)

0.08%

Dallas Independent School District, 5% 15feb2056, USD (2026B)

0.08%

Frequently asked questions about SHYD and VTEB

How have the SHYD and VTEB ETFs performed in 2026?

As of October 16, 2026, SHYD is down -0.1% year-to-date (YTD), while VTEB has lost -2.08%. That puts SHYD better performer ahead so far this year.

Which ETF is attracting more investor money: SHYD or VTEB?

Year-to-date, the SHYD ETF saw +$114M in flows, compared to +$10.89B for VTEB.

Which ETF is more volatile: SHYD or VTEB?

Over the past year, SHYD had a volatility of 2.17%, while VTEB experienced 3.33%.

Which ETF is bigger: SHYD or VTEB?

As of October 16, 2026, SHYD holds $492.88 M in assets under management (AUM), while VTEB manages $51.37 B.

What sectors do the SHYD and VTEB ETFs invest in?

SHYD leans toward sectors like Municipal. Meanwhile, VTEB focuses on Municipal.

What are the top holdings of the SHYD ETF and VTEB 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. VTEB holds in its top three: US13063EUN48, US13063EUP95 and City of New York, 5% 1aug2034, USD (2026).

SHYDvsVTEBETF Comparison

VanEck Short High Yield Muni ETF

Vanguard Tax-Exempt Bond Index ETF

SHYD vs VTEB 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 SHYD and VTEB ETFs performed in 2026?

As of October 16, 2026, SHYD is down -0.1% year-to-date (YTD), while VTEB has lost -2.08%. That puts SHYD better performer ahead so far this year.

Which ETF is attracting more investor money: SHYD or VTEB?

Year-to-date, the SHYD ETF saw +$114M in flows, compared to +$10.89B for VTEB.

Which ETF is more volatile: SHYD or VTEB?

Over the past year, SHYD had a volatility of 2.17%, while VTEB experienced 3.33%.

Which ETF is bigger: SHYD or VTEB?

As of October 16, 2026, SHYD holds $492.88 M in assets under management (AUM), while VTEB manages $51.37 B.

What sectors do the SHYD and VTEB ETFs invest in?

SHYD leans toward sectors like Municipal. Meanwhile, VTEB focuses on Municipal.

What are the top holdings of the SHYD ETF and VTEB ETF?

Which ETF is more diversified: SHYD or VTEB?

SHYD holds 520 securities with 14.21% of its assets in the top 15. VTEB has 10722 securities and a top 15 weight of 1.57%.

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