Data as of Oct 28, 2026.

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HYMB vs IAU: Differences, Returns & Fees

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HYMB is a bond index fund and IAU a commodity fund, and over the year to Oct 28, 2026, IAU returned +2.7% against −1.0%.

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Net assets: $3.8bn on Oct 27, 2026 for State Street SPDR Nuveen ICE High Yield Municipal Bond ETF, and $60.1bn on Oct 28, 2026 for iShares Gold Trust.

At a glance
−1.0%
HYMB total return, 1 year
+2.7%
IAU total return, 1 year
0.35%
HYMB expense ratio
0.25%
IAU expense ratio

Pair scorecard

IAU costs 0.10 points a year less; their one-year returns differ by 3.7 points; IAU is 15.9 times larger.

HYMB vs IAU: Differences, Returns & Fees
MeasureHYMBIAU
Return
Total return, 1 year−1.0%+2.7%
Drawdown
Below its high4.7%, high on Jul 2, 202624.6%, high on Jan 29, 2026
Benchmark
What it tracksICE US Select High Yield Crossover Municipal IndexGold
Cost and size
Expense ratio0.35%0.25%
Net assets, as of Oct 27, 2026$3.8bn$60.3bn
Holdings
Holdings in commonnot published

Method

Side by side

HYMB State Street SPDR Nuveen ICE High Yield Municipal Bond ETF IAU iShares Gold Trust
Where it sits Bond ETF Commodity ETF
What it is Tracks an index of Nuveen ICE High Yield Municipal Bond Holds gold
Total return, 1 year −1.0% +2.7%
Its benchmark over the same days −1.4% (AGG) +2.5% (GLD)
Gap to its benchmark +0.4 pts vs AGG +0.2 pts vs GLD
Expense ratio 0.35% 0.25%
Holdings 2105 not counted
Net assets, HYMB as of Oct 27, 2026 and IAU as of Oct 28, 2026 $3.8bn $60.1bn

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

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About each fund
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.

IAU

Its expense ratio is 0.25% a year, for the three months to Jun 30, 2026, as its 10-Q states.

IAU holds gold. Over the year to Oct 28, 2026 it returned +2.7% with distributions reinvested, against +2.5% for its benchmark, the price of gold. It sat 24.6% below its high of Jan 29, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, HYMB or IAU?
In the year to Oct 28, 2026, with distributions reinvested, HYMB returned −1.0% and IAU +2.7%.
Which is cheaper, HYMB or IAU?
IAU is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's own filings.
Other comparisons
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ETFIQ, HYMB against IAU, data as of Oct 28, 2026. https://etfiq.com/compare/any/hymb-vs-iau

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