Data as of Oct 28, 2026.

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HIMU vs HYMB: Differences, Returns & Fees

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HIMU's duration was 10.1 years on Jul 31, 2026 and HYMB's 7.3 on Jun 30, 2026; HYMB charges 0.35% to HIMU's 0.39%.

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Net assets on Oct 27, 2026: $2.7bn for iShares High Yield Muni Active ETF and $3.8bn for State Street SPDR Nuveen ICE High Yield Municipal Bond ETF.

At a glance
+0.1%
HIMU total return, 1 year
−1.0%
HYMB total return, 1 year
0.39%
HIMU expense ratio
0.35%
HYMB expense ratio

Pair scorecard

HYMB costs 0.04 points a year less; their one-year returns differ by 1.1 points; HYMB is 1.4 times larger.

HIMU vs HYMB: Differences, Returns & Fees
MeasureHIMUHYMB
Return
Total return, 1 year+0.1%−1.0%
Drawdown
Below its high4.2%, high on Jul 6, 20264.7%, high on Jul 2, 2026
Benchmark
What it tracksNo index, actively managedICE US Select High Yield Crossover Municipal Index
Cost and size
Expense ratio0.39%0.35%
Net assets, as of Oct 27, 2026$2.7bn$3.8bn
Holdings
Holdings in common8%

Holdings in common uses holdings dated Jun 30, 2026 and Jul 31, 2026. Method

Risk and return

Feb 21, 2025 to Oct 23, 2026 · 87 weekly returns
HIMU HYMB
Return
Total return edge HIMU +1.2% −0.4%
Annualized edge HIMU +0.7% −0.3%
Price return edge HIMU −7.0% −7.8%
Risk
Volatility edge HYMB 7.8% 6.5%
Max drawdown edge HYMB (slight) −8.0% −7.6%
Risk-adjusted
Sharpe edge HIMU −0.38 −0.62
Sortino edge HIMU −0.47 −0.73
Calmar edge HIMU 0.09 −0.04
Reading

HIMU returned more: +1.2% to −0.4%. HYMB swung less: 6.5% to 7.8%. HYMB fell slightly less at its worst: −7.6% to −8.0%.

Full scorecard

9 measures, with how each is measured
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Risk and return: HIMU vs HYMB: Differences, Returns & Fees
MeasureHIMUHYMBEdgeHow it is measured
Return
Total return+1.2%−0.4%HIMUPrice change plus distributions, reinvested.
Annualized+0.7%−0.3%HIMUTotal return as a yearly rate.
Price return−7.0%−7.8%HIMUPrice change alone, distributions left out.
Risk
Volatility7.8%6.5%HYMBSpread of weekly returns, annualized. Lower is steadier.
Downside deviation6.3%5.5%HYMBLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−8.0%−7.6%HYMB (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe−0.38−0.62HIMUReturn above Treasury bills per unit of volatility.
Sortino−0.47−0.73HIMUReturn above Treasury bills per unit of downside deviation.
Calmar0.09−0.04HIMUAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 87 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

8%

By the books each fund has filed, HIMU and HYMB hold 8% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

0 half 100%

half

8% in common

Positions both hold · largest shared weight first HIMU HYMB
PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE, due Jul 1, 2058 0.85% 2.49%
BUCKEYE OH TOBACCO SETTLEMENT FING AUTH, due Jun 1, 2055 0.49% 1.25%
GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT, due Jun 1, 2066 1.40% 0.30%
CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE, due Jan 1, 2065 1.53% 0.25%
ARKANSAS ST DEV FIN AUTH INDL DEV REVENUE, due Jul 1, 2048 0.23% 0.20%
CHICAGO IL BRD OF EDU, due Dec 1, 2050 0.27% 0.19%
COLORADO EDUCTNL & CULTURAL AUTH REVENUE, due Feb 1, 2059 0.58% 0.18%
DIST OF COLUMBIA TOBACCO SETTLEMENT FING CORP, due Jun 15, 2046 0.56% 0.18%
CHICAGO IL BRD OF EDU, due Dec 1, 2047 0.20% 0.18%
BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE, due May 1, 2056 0.20% 0.17%
PUERTO RICO CMWLTH, due Jul 1, 2031 0.15% 0.28%
THE CHILDRENS TRUST FUND PR TOBACCO SETTLEMENT REVENUE, due May 15, 2057 0.13% 0.26%
Only in one fund ↓
Only in HIMU
PUERTO RICO CMWLTH, due Nov 1, 2051 2.74%
PUERTO RICO CMWLTH, due Nov 1, 2051 1.41%
NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE, due Mar 15, 2059 0.86%
PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE, due Oct 1, 2050 0.84%
NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE, due Sep 15, 2050 0.83%
ARKANSAS ST DEV FIN AUTH INDL DEV REVENUE, due Jul 1, 2056 0.77%
COLORADO ST HLTH FACS AUTH REVENUE, due Nov 15, 2051 0.76%
PUBLIC FIN AUTH WI REVENUE, due Dec 1, 2054 0.70%
Only in HYMB
PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE, due Jul 1, 2053 0.61%
PUERTO RICO CMWLTH, due Jul 1, 2046 0.54%
NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE, due Nov 15, 2044 0.46%
MET PIER & EXPOSITION AUTH IL REVENUE, due Dec 15, 2042 0.43%
PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE, due Jul 1, 2040 0.36%
CHICAGO IL BRD OF EDU, due Dec 1, 2047 0.34%
MATCHING FUND SPL PURPOSE SECURITIZTN CORP, due Oct 1, 2039 0.33%
NORTH CAROLINA ST TURNPIKE AUTH, due Jan 1, 2058 0.32%
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Side by side

HIMU iShares High Yield Muni Active ETF HYMB State Street SPDR Nuveen ICE High Yield Municipal Bond ETF
Where it sits Bond ETF Bond ETF
What it is Actively managed Tracks an index of Nuveen ICE High Yield Municipal Bond
Total return, 1 year +0.1% −1.0%
Its benchmark over the same days not measured −1.4% (AGG)
Gap to its benchmark not measured +0.4 pts vs AGG
Expense ratio 0.39% 0.35%
Holdings 1009 2105
Net assets, as of Oct 27, 2026 $2.7bn $3.8bn

HIMU and HYMB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-F1A609E27E

HIMU and HYMB are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. HIMU follows No index, actively managed and HYMB follows ICE US Select High Yield Crossover Municipal Index.
  2. Holdings in common. 8% of the weight is in the same securities (holdings dated Jul 31, 2026 and Jun 30, 2026).
  3. One-year total return (similar). Over 1 year to Oct 28, 2026 HIMU returned +0.1% and HYMB −1.0% with distributions reinvested, a gap of 1.1 points.

Data as of Oct 28, 2026.

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About each fund
HIMU

HIMU is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +0.1% with distributions reinvested. The prospectus expense ratio is 0.39% a year. It sat 4.2% below its high of Jul 6, 2026 on Oct 28, 2026.

HYMB

HYMB tracks an index of Nuveen ICE High Yield Municipal Bond. Over the year to Oct 28, 2026 it returned −1.0% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.35% a year. It sat 4.7% below its high of Jul 2, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, HIMU or HYMB?
In the year to Oct 28, 2026, with distributions reinvested, HIMU returned +0.1% and HYMB −1.0%.
Which is cheaper, HIMU or HYMB?
HYMB is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, HIMU against HYMB, data as of Oct 28, 2026. https://etfiq.com/compare/any/himu-vs-hymb

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.