Data as of Oct 28, 2026.

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HYMB vs TIP: Differences, Returns & Fees

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HYMB's duration was 7.3 years on Jun 30, 2026 and TIP's 6.3 on Jul 31, 2026; TIP charges 0.18% 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 $14.6bn for iShares TIPS Bond ETF.

At a glance
−1.0%
HYMB total return, 1 year
−1.0%
TIP total return, 1 year
0.35%
HYMB expense ratio
0.18%
TIP expense ratio

Pair scorecard

TIP costs 0.17 points a year less; both returned −1.0% over a year; TIP is 3.8 times larger.

HYMB vs TIP: Differences, Returns & Fees
MeasureHYMBTIP
Return
Total return, 1 year−1.0%−1.0%
Drawdown
Below its high4.7%, high on Jul 2, 2026
Benchmark
What it tracksICE US Select High Yield Crossover Municipal IndexICE U.S. Treasury Inflation Linked Bond Index
Cost and size
Expense ratio0.35%0.18%
Net assets, as of Oct 27, 2026$3.8bn$14.6bn
Holdings
Holdings in common0%

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

What they share

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first HYMB TIP
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 TIP
U.S. Treasury Inflation Linked Notes, due Jul 15, 2035 3.99%
U.S. Treasury Inflation Linked Notes, due Jan 15, 2035 3.94%
U.S. Treasury Inflation Linked Notes, due Jan 15, 2036 3.92%
U.S. Treasury Inflation Linked Notes, due Jul 15, 2034 3.71%
U.S. Treasury Inflation Linked Notes, due Jan 15, 2034 3.55%
U.S. Treasury Inflation Linked Notes, due Oct 15, 2030 3.37%
U.S. Treasury Inflation Linked Notes, due Apr 15, 2030 3.32%
U.S. Treasury Inflation Linked Notes, due Jan 15, 2033 3.31%
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Side by side

HYMB State Street SPDR Nuveen ICE High Yield Municipal Bond ETF TIP iShares TIPS 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 TIPS Bond
Total return, 1 year −1.0% −1.0%
Its benchmark over the same days −1.4% (AGG) −0.8% (VTP)
Gap to its benchmark +0.4 pts vs AGG −0.2 pts vs VTP
Expense ratio 0.35% 0.18%
Holdings 2105 48
Net assets, as of Oct 27, 2026 $3.8bn $14.6bn

HYMB and TIP 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.

TIP

TIP tracks an index of TIPS Bond. Over the year to Oct 28, 2026 it returned −1.0% with distributions reinvested, against −0.8% for its benchmark, the ICE U.S. Treasury Inflation Linked Bond Index. The prospectus expense ratio is 0.18% a year.

Questions people ask

Which returned more over the last year, HYMB or TIP?
In the year to Oct 28, 2026, with distributions reinvested, HYMB returned −1.0% and TIP −1.0%.
Which is cheaper, HYMB or TIP?
TIP is cheaper, by 0.17 percentage points a year. That is about $17 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, HYMB against TIP, data as of Oct 28, 2026. https://etfiq.com/compare/any/hymb-vs-tip

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