HYD vs QLTY

Comparison between VANECK HIGH YIELD MUNI ETF (HYD, ETF) and GMO U.S. QUALITY ETF (QLTY, ETF).

HYD vs QLTY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HYD(ETF)	QLTY(ETF)
Net Assets	$4.20B	$4.20B
Expense Ratio	0.32%	0.50%
Max Drawdown	36.74%	17.13%
Sharpe Ratio	0.69	1.77
5Y Beta	0.05	0.89
P/E Ratio	N/A	26.42
Forward P/E	N/A	21.77
PEG Ratio	N/A	0.91
5Y Dividends CAGR	-0.04%	N/A
5Y EPS CAGR	N/A	20.02%
Debt to Equity	N/A	48.91%
P/S Ratio	N/A	2.98
P/B Ratio	N/A	5.53

Net Assets

HYD

$4.20B

QLTY

$4.20B

Expense Ratio

Winner

HYD

0.32%

QLTY

0.50%

Max Drawdown

HYD

36.74%

Winner

QLTY

17.13%

Sharpe Ratio

HYD

0.69

Winner

QLTY

1.77

5Y Beta

Winner

HYD

0.05

QLTY

0.89

P/E Ratio

HYD

N/A

QLTY

26.42

Forward P/E

HYD

N/A

QLTY

21.77

PEG Ratio

HYD

N/A

QLTY

0.91

5Y Dividends CAGR

HYD

-0.04%

QLTY

N/A

5Y EPS CAGR

HYD

N/A

QLTY

20.02%

Debt to Equity

HYD

N/A

QLTY

48.91%

P/S Ratio

HYD

N/A

QLTY

2.98

P/B Ratio

HYD

N/A

QLTY

5.53

HYD vs QLTY - Historical Returns

Returns include dividend reinvestment.

Period	HYD	QLTY
1 month	+0.32%	+4.04%
3 months	+0.74%	+4.59%
6 months	+2.34%	+6.99%
1 year	+6.59%	+24.72%
5 years(CAGR)	-0.04%	N/A
10 years(CAGR)	+2.01%	N/A
Max(CAGR)	+4.76%	+21.45%

HYD

+0.32%

Winner

QLTY

+4.04%

HYD

+0.74%

Winner

QLTY

+4.59%

HYD

+2.34%

Winner

QLTY

+6.99%

HYD

+6.59%

Winner

QLTY

+24.72%

5Y(CAGR)

HYD

-0.04%

QLTY

N/A

10Y(CAGR)

HYD

+2.01%

QLTY

N/A

Max(CAGR)

HYD

+4.76%

Winner

QLTY

+21.45%

HYD vs QLTY - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	HYD	QLTY
2026	+1.19%	+4.11%
2025	+3.03%	+21.37%
2024	+5.54%	+21.61%
2023	+6.06%	+5.68%
2022	-15.78%	N/A
2021	+5.36%	N/A
2020	+0.24%	N/A
2019	+9.24%	N/A
2018	+1.99%	N/A
2017	+9.96%	N/A
2016	+0.04%	N/A
2015	+4.86%	N/A
2014	+14.42%	N/A
2013	-8.80%	N/A
2012	+15.72%	N/A
2011	+10.69%	N/A
2010	+0.26%	N/A
2009	+23.80%	N/A

HYD vs QLTY Drawdown Comparison

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

The maximum drawdown for QLTY was -17.00%, occurring on Apr 8, 2025. Recovery took 89 trading sessions.

The current HYD drawdown is -2.87%. The current QLTY drawdown is -0.74%.

Rank	HYD	QLTY
#1	-35.61% Feb 26, 2020 - May 24, 2021	-17.00% Feb 19, 2025 - Jun 27, 2025
#2	-20.72% Aug 3, 2021 - Oct 24, 2022	-11.71% Jan 12, 2026 - May 5, 2026
#3	-15.48% May 24, 2013 - Oct 8, 2014	-7.03% Jul 16, 2024 - Aug 30, 2024
#4	-11.12% Oct 25, 2010 - Aug 2, 2011	-4.36% Oct 14, 2024 - Dec 2, 2024
#5	-10.52% Sep 6, 2016 - Aug 3, 2017	-4.35% Oct 27, 2025 - Nov 25, 2025
#6	-7.05% Aug 3, 2011 - Sep 16, 2011	-4.24% Mar 27, 2024 - May 10, 2024
#7	-5.41% Oct 5, 2009 - May 12, 2010	-4.17% Dec 4, 2024 - Jan 23, 2025
#8	-4.66% Dec 6, 2012 - Jan 22, 2013	-3.31% Aug 30, 2024 - Sep 13, 2024
#9	-4.02% Apr 17, 2015 - Oct 2, 2015	-3.29% May 22, 2024 - Jun 11, 2024
#10	-3.60% Jun 5, 2009 - Aug 21, 2009	-3.05% Oct 6, 2025 - Oct 20, 2025
#11	-3.34% Aug 24, 2018 - Feb 26, 2019	-2.97% Jul 25, 2025 - Aug 13, 2025
#12	-2.50% Feb 2, 2015 - Mar 24, 2015	-2.49% Dec 11, 2025 - Dec 24, 2025
#13	-2.35% Sep 22, 2011 - Dec 21, 2011	-1.94% Sep 22, 2025 - Oct 1, 2025
#14	-1.86% Mar 9, 2012 - Mar 27, 2012	-1.84% Sep 30, 2024 - Oct 11, 2024
#15	-1.86% Mar 26, 2009 - Apr 22, 2009	-1.58% Jan 29, 2024 - Feb 2, 2024

Correlation

Correlation between HYD and QLTY is 0.90 which considered as a strong positive correlation - the stocks tend to move together.

0.90

-101

Dividend Comparison (2009 - 2026)

HYD vs QLTY dividend yield comparison.

Year	HYD	QLTY
2026	1.47%	0.15%
2025	4.29%	0.73%
2024	4.29%	0.79%
2023	4.13%	0.15%
2022	3.96%	0.00%
2021	3.50%	0.00%
2020	4.01%	0.00%
2019	4.08%	0.00%
2018	4.43%	0.00%
2017	4.29%	0.00%
2016	4.58%	0.00%
2015	4.82%	0.00%
2014	4.98%	0.00%
2013	6.34%	0.00%
2012	5.00%	0.00%
2011	5.86%	0.00%
2010	6.93%	0.00%
2009	5.72%	0.00%