Data as of Oct 28, 2026.

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HYMB vs XLB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, HYMB returned −1.0% to XLB's +18.5%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $3.8bn for State Street SPDR Nuveen ICE High Yield Municipal Bond ETF and $8.1bn for State Street Materials Select Sector SPDR ETF.

At a glance
−1.0%
HYMB total return, 1 year
+18.5%
XLB total return, 1 year
0.35%
HYMB expense ratio
0.08%
XLB expense ratio

Pair scorecard

XLB costs 0.27 points a year less; their one-year returns differ by 19.5 points; XLB is 2.1 times larger.

HYMB vs XLB: Differences, Returns & Fees
MeasureHYMBXLB
Return
Total return, 1 year−1.0%+18.5%
Drawdown
Below its high4.7%, high on Jul 2, 2026
Benchmark
What it tracksICE US Select High Yield Crossover Municipal IndexMaterials Select Sector Index
Cost and size
Expense ratio0.35%0.08%
Net assets, as of Oct 27, 2026$3.8bn$8.1bn
Holdings
Holdings in common0%
In the S&P 500, by weight100%
Top ten holdings, share of the fund58.5%

Holdings in common uses holdings dated Oct 27, 2026. Method

Risk and return

Apr 21, 2011 to Oct 23, 2026 · 809 weekly returns
HYMB XLB
Return
Total return edge XLB +84.8% +248.7%
Annualized edge XLB +4.0% +8.4%
Price return edge XLB −4.7% +153.7%
Risk
Volatility edge HYMB 8.7% 20.1%
Max drawdown edge HYMB −22.5% −33.9%
Risk-adjusted
Sharpe edge XLB 0.31 0.42
Sortino edge XLB 0.42 0.61
Calmar edge XLB 0.18 0.25
Reading

XLB returned more: +248.7% to +84.8%. HYMB swung less: 8.7% to 20.1%. HYMB fell less at its worst: −22.5% to −33.9%.

Full scorecard

9 measures, with how each is measured
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Risk and return: HYMB vs XLB: Differences, Returns & Fees
MeasureHYMBXLBEdgeHow it is measured
Return
Total return+84.8%+248.7%XLBPrice change plus distributions, reinvested.
Annualized+4.0%+8.4%XLBTotal return as a yearly rate.
Price return−4.7%+153.7%XLBPrice change alone, distributions left out.
Risk
Volatility8.7%20.1%HYMBSpread of weekly returns, annualized. Lower is steadier.
Downside deviation6.4%13.9%HYMBLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−22.5%−33.9%HYMBDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.310.42XLBReturn above Treasury bills per unit of volatility.
Sortino0.420.61XLBReturn above Treasury bills per unit of downside deviation.
Calmar0.180.25XLBAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 809 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, HYMB and XLB hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first HYMB XLB
Only in one fund ↓
Only in HYMB
PRCGEN 5.000 07/01/58 1.94%
PRCGEN 4.784 07/01/58 1.25%
BUCGEN 5.000 06/01/55 1.08%
PRC 4.000 07/01/46 0.64%
PRCGEN 4.329 07/01/40 0.61%
NYCDEV 5.000 11/15/44 0.49%
PRC 4.000 07/01/41 0.47%
CHIEDU 6.000 12/01/41 0.46%
Only in XLB
LINDE PLC 12.96%
NEWMONT CORP 6.56%
FREEPORT MCMORAN INC 5.23%
ECOLAB INC 4.98%
VULCAN MATERIALS CO 4.89%
NUCOR CORP 4.89%
AIR PRODUCTS + CHEMICALS INC 4.84%
STEEL DYNAMICS INC 4.77%
Check overlap with more funds →

Side by side

HYMB State Street SPDR Nuveen ICE High Yield Municipal Bond ETF XLB State Street Materials Select Sector SPDR ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of Nuveen ICE High Yield Municipal Bond Tracks an index of Materials
Total return, 1 year −1.0% +18.5%
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% 0.08%
Holdings 2105 25
Net assets, as of Oct 27, 2026 $3.8bn $8.1bn

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

Client brief · page 1 of 2 Report BR-F68FE4B401

HYMB and XLB 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 XLB follows Materials Select Sector Index.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 HYMB returned −1.0% and XLB +18.5% with distributions reinvested, a gap of 19.5 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.

XLB

XLB tracks an index of Materials. Over the year to Oct 28, 2026 it returned +18.5% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 25 positions, with the top ten at 58.5%.

Questions people ask

Which returned more over the last year, HYMB or XLB?
In the year to Oct 28, 2026, with distributions reinvested, HYMB returned −1.0% and XLB +18.5%.
Which is cheaper, HYMB or XLB?
XLB is cheaper, by 0.27 percentage points a year. That is about $27 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, HYMB against XLB, data as of Oct 28, 2026. https://etfiq.com/compare/any/hymb-vs-xlb

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