Data as of Oct 28, 2026.

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HYMB vs SGOV: Differences, Returns & Fees

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HYMB's duration was 7.3 years on Jun 30, 2026 and SGOV's 0.1 on Aug 31, 2026; SGOV charges 0.09% to HYMB's 0.35%.

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Net assets on Oct 27, 2026: $3.8bn for State Street SPDR Nuveen ICE High Yield Municipal Bond ETF and $117.0bn for iShares 0-3 Month Treasury Bond ETF.

At a glance
−1.0%
HYMB total return, 1 year
+3.7%
SGOV total return, 1 year
0.35%
HYMB expense ratio
0.09%
SGOV expense ratio

Pair scorecard

SGOV costs 0.26 points a year less; their one-year returns differ by 4.7 points; SGOV is far larger, $117.0bn against $3.8bn.

HYMB vs SGOV: Differences, Returns & Fees
MeasureHYMBSGOV
Return
Total return, 1 year−1.0%+3.7%
Drawdown
Below its high4.7%, high on Jul 2, 2026
Benchmark
What it tracksICE US Select High Yield Crossover Municipal IndexICE 0-3 Month US Treasury Securities Index
Cost and size
Expense ratio0.35%0.09%
Net assets, as of Oct 27, 2026$3.8bn$117.0bn
Holdings
Holdings in common0%

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

Risk and return

Jun 5, 2020 to Oct 23, 2026 · 333 weekly returns
HYMB SGOV
Return
Total return edge SGOV +10.6% +20.8%
Annualized edge SGOV +1.6% +3.0%
Price return edge SGOV −14.1% +0.6%
Risk
Volatility edge SGOV 6.6% 0.3%
Max drawdown edge SGOV −19.4% 0.0%
Risk-adjusted
Sharpe edge HYMB −0.19 −0.46
Sortino edge HYMB −0.25 −0.57
Calmar 0.08 Not measured
Reading

SGOV returned more: +20.8% to +10.6%. SGOV swung less: 0.3% to 6.6%. SGOV fell less at its worst: 0.0% to −19.4%.

Full scorecard

9 measures, with how each is measured
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Risk and return: HYMB vs SGOV: Differences, Returns & Fees
MeasureHYMBSGOVEdgeHow it is measured
Return
Total return+10.6%+20.8%SGOVPrice change plus distributions, reinvested.
Annualized+1.6%+3.0%SGOVTotal return as a yearly rate.
Price return−14.1%+0.6%SGOVPrice change alone, distributions left out.
Risk
Volatility6.6%0.3%SGOVSpread of weekly returns, annualized. Lower is steadier.
Downside deviation5.1%0.2%SGOVLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−19.4%0.0%SGOVDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe−0.19−0.46HYMBReturn above Treasury bills per unit of volatility.
Sortino−0.25−0.57HYMBReturn above Treasury bills per unit of downside deviation.
Calmar0.08Not measuredAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 333 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, HYMB and SGOV hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first HYMB SGOV
Only in one fund ↓
Only in HYMB
PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE, due Jul 1, 2058 2.49%
PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE, due Jul 1, 2058 1.52%
BUCKEYE OH TOBACCO SETTLEMENT FING AUTH, due Jun 1, 2055 1.25%
PUERTO RICO CMWLTH, due Jul 1, 2041 0.63%
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%
Only in SGOV
U.S. Treasury Bills, due Oct 20, 2026 10.18%
U.S. Treasury Bills, due Sep 22, 2026 8.59%
U.S. Treasury Bills, due Oct 13, 2026 8.51%
U.S. Treasury Bills, due Sep 29, 2026 6.82%
U.S. Treasury Bills, due Oct 27, 2026 6.76%
U.S. Treasury Bills, due Sep 1, 2026 6.63%
U.S. Treasury Bills, due Sep 15, 2026 6.04%
U.S. Treasury Bills, due Oct 29, 2026 5.18%
Check overlap with more funds →

Side by side

HYMB State Street SPDR Nuveen ICE High Yield Municipal Bond ETF SGOV iShares 0-3 Month Treasury Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index of Nuveen ICE High Yield Municipal Bond Tracks an index of 0-3 month T-bills
Total return, 1 year −1.0% +3.7%
Its benchmark over the same days −1.4% (AGG) not measured
Gap to its benchmark +0.4 pts vs AGG not measured
Expense ratio 0.35% 0.09%
Holdings 2105 22
Net assets, as of Oct 27, 2026 $3.8bn $117.0bn

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

Client brief · page 1 of 2 Report BR-54B7DF4D10

HYMB and SGOV do different jobs. What does each one do in a portfolio?

  1. What each follows. HYMB follows ICE US Select High Yield Crossover Municipal Index and SGOV follows ICE 0-3 Month US Treasury Securities Index.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Jun 30, 2026 and Aug 31, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 HYMB returned −1.0% and SGOV +3.7% with distributions reinvested, a gap of 4.7 points.

Data as of Oct 28, 2026.

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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.

SGOV

SGOV tracks an index of 0-3 month T-bills. Over the year to Oct 28, 2026 it returned +3.7% with distributions reinvested. The prospectus expense ratio is 0.09% a year.

Questions people ask

Which returned more over the last year, HYMB or SGOV?
In the year to Oct 28, 2026, with distributions reinvested, HYMB returned −1.0% and SGOV +3.7%.
Which is cheaper, HYMB or SGOV?
SGOV is cheaper, by 0.26 percentage points a year. That is about $26 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, HYMB against SGOV, data as of Oct 28, 2026. https://etfiq.com/compare/any/hymb-vs-sgov

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