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GNR vs HYD

Comparison between STATE STREET(R) SPDR(R) S&P(R) GLOBAL NATURAL RESOURCES ETF (GNR, ETF) and VANECK HIGH YIELD MUNI ETF (HYD, ETF).

5-Year PerformanceGNR has outperformed HYD, delivering a return of +9.9% compared to -0.3%

GNR vs HYD - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
GNR
$4.50B
HYD
$4.50B
Expense Ratio
GNR
0.40%
Winner
HYD
0.32%
Max Drawdown
GNR
60.61%
Winner
HYD
36.74%
Sharpe Ratio
Winner
GNR
1.30
HYD
0.98
5Y Beta
GNR
0.68
Winner
HYD
0.05
P/E Ratio
GNR
19.59
HYD
N/A
Forward P/E
GNR
12.65
HYD
N/A
5Y Dividends CAGR
Winner
GNR
5.89%
HYD
-0.89%
P/S Ratio
GNR
0.02
HYD
N/A
P/B Ratio
GNR
2.08
HYD
N/A

GNR vs HYD - Historical Returns

Returns include dividend reinvestment.

1M
GNR
-3.32%
Winner
HYD
-0.02%
3M
GNR
-5.59%
Winner
HYD
+1.57%
6M
Winner
GNR
+5.23%
HYD
+1.55%
1Y
Winner
GNR
+29.81%
HYD
+8.18%
5Y(CAGR)
Winner
GNR
+9.87%
HYD
-0.34%
10Y(CAGR)
Winner
GNR
+9.55%
HYD
+1.83%
Max(CAGR)
Winner
GNR
+5.19%
HYD
+4.77%

GNR vs HYD - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

YearGNRHYD
2026+11.36%+2.16%
2025+27.73%+3.03%
2024-8.14%+5.54%
2023+4.58%+6.06%
2022+9.62%-15.78%
2021+22.45%+5.36%
2020-0.55%+0.24%
2019+16.23%+9.24%
2018-14.76%+1.99%
2017+20.86%+9.96%
2016+32.40%+0.04%
2015-23.94%+4.86%
2014-9.59%+14.42%
2013-2.13%-8.80%
2012+3.00%+15.72%
2011-16.37%+10.69%
2010+17.90%+0.26%
2009N/A+23.80%

GNR vs HYD Drawdown Comparison

The maximum drawdown for GNR was -51.38%, occurring on Jan 20, 2016. Recovery took 2456 trading sessions.

The maximum drawdown for HYD was -35.61%, occurring on Mar 18, 2020. Recovery took 313 trading sessions.

The current GNR drawdown is -7.17%. The current HYD drawdown is -1.93%.

RankGNRHYD
#1-51.38%
Apr 5, 2011 - Jan 7, 2021
-35.61%
Feb 26, 2020 - May 24, 2021
#2-25.66%
Apr 20, 2022 - May 20, 2024
-20.72%
Aug 3, 2021 - Oct 24, 2022
#3-21.06%
May 20, 2024 - Jul 23, 2025
-15.48%
May 24, 2013 - Oct 8, 2014
#4-11.88%
Jun 2, 2021 - Jan 4, 2022
-11.12%
Oct 25, 2010 - Aug 2, 2011
#5-11.00%
Mar 2, 2026 - Jul 1, 2026
-10.52%
Sep 6, 2016 - Aug 3, 2017
#6-8.69%
Jan 14, 2021 - Feb 16, 2021
-7.05%
Aug 3, 2011 - Sep 16, 2011
#7-8.17%
Mar 3, 2011 - Apr 1, 2011
-5.41%
Oct 5, 2009 - May 12, 2010
#8-6.68%
Nov 5, 2010 - Dec 13, 2010
-4.66%
Dec 6, 2012 - Jan 22, 2013
#9-6.42%
Mar 12, 2021 - Apr 26, 2021
-4.02%
Apr 17, 2015 - Oct 2, 2015
#10-5.06%
Jan 19, 2022 - Feb 7, 2022
-3.60%
Jun 5, 2009 - Aug 21, 2009
#11-4.93%
Jul 23, 2025 - Aug 22, 2025
-3.34%
Aug 24, 2018 - Feb 26, 2019
#12-4.50%
Nov 12, 2025 - Nov 28, 2025
-2.50%
Feb 2, 2015 - Mar 24, 2015
#13-4.45%
Feb 16, 2022 - Mar 10, 2022
-2.35%
Sep 22, 2011 - Dec 21, 2011
#14-4.34%
Feb 24, 2021 - Mar 10, 2021
-1.86%
Mar 9, 2012 - Mar 27, 2012
#15-4.07%
Mar 10, 2022 - Mar 18, 2022
-1.86%
Mar 26, 2009 - Apr 22, 2009

Correlation

Correlation between GNR and HYD is 0.54 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.54
-101

Dividend Comparison (2009 - 2026)

GNR vs HYD dividend yield comparison.

YearGNRHYD
20261.24%2.18%
20252.76%4.29%
20244.73%4.29%
20233.37%4.13%
20224.37%3.96%
20213.44%3.50%
20202.78%4.01%
20193.84%4.08%
20183.51%4.43%
20172.40%4.29%
20162.06%4.58%
20154.59%4.82%
20142.59%4.98%
20132.46%6.34%
20121.89%5.00%
20111.90%5.86%
20100.21%6.93%
20090.00%5.72%

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