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HYD vs VAW

Comparison between VANECK HIGH YIELD MUNI ETF (HYD, ETF) and VANGUARD MATERIALS INDEX FUND ETF SHARES (VAW, ETF).

5-Year PerformanceVAW has outperformed HYD, delivering a return of +6.4% compared to -0.3%

HYD vs VAW - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
HYD
$4.50B
VAW
$4.50B
Expense Ratio
HYD
0.32%
Winner
VAW
0.09%
Max Drawdown
Winner
HYD
36.74%
VAW
63.47%
Sharpe Ratio
Winner
HYD
0.98
VAW
0.57
5Y Beta
Winner
HYD
0.05
VAW
0.87
P/E Ratio
HYD
N/A
VAW
32.37
Forward P/E
HYD
N/A
VAW
17.04
5Y Dividends CAGR
HYD
-0.89%
Winner
VAW
8.64%
5Y EPS CAGR
HYD
N/A
VAW
19.31%
Debt to Equity
HYD
N/A
VAW
50.62%
P/S Ratio
HYD
N/A
VAW
1.92
P/B Ratio
HYD
N/A
VAW
2.94

HYD vs VAW - Historical Returns

Returns include dividend reinvestment.

1M
Winner
HYD
-0.02%
VAW
-4.74%
3M
Winner
HYD
+1.57%
VAW
-3.18%
6M
Winner
HYD
+1.55%
VAW
+0.49%
1Y
HYD
+8.18%
Winner
VAW
+15.73%
5Y(CAGR)
HYD
-0.34%
Winner
VAW
+6.41%
10Y(CAGR)
HYD
+1.83%
Winner
VAW
+9.53%
Max(CAGR)
HYD
+4.77%
Winner
VAW
+9.04%

HYD vs VAW - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

YearHYDVAW
2026+2.16%+7.55%
2025+3.03%+13.45%
2024+5.54%+0.72%
2023+6.06%+13.72%
2022-15.78%-10.82%
2021+5.36%+28.37%
2020+0.24%+20.65%
2019+9.24%+22.95%
2018+1.99%-18.75%
2017+9.96%+22.77%
2016+0.04%+23.44%
2015+4.86%-10.48%
2014+14.42%+6.67%
2013-8.80%+21.70%
2012+15.72%+14.15%
2011+10.69%-10.25%
2010+0.26%+20.83%
2009+23.80%+45.94%
2008N/A-46.00%
2007N/A+26.82%
2006N/A+17.74%
2005N/A+4.50%
2004N/A+21.63%

HYD vs VAW Drawdown Comparison

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

The maximum drawdown for VAW was -62.12%, occurring on Mar 9, 2009. Recovery took 1170 trading sessions.

The current HYD drawdown is -1.93%. The current VAW drawdown is -7.08%.

RankHYDVAW
#1-35.61%
Feb 26, 2020 - May 24, 2021
-62.12%
May 16, 2008 - Jan 9, 2013
#2-20.72%
Aug 3, 2021 - Oct 24, 2022
-41.14%
Jan 26, 2018 - Sep 1, 2020
#3-15.48%
May 24, 2013 - Oct 8, 2014
-27.23%
Feb 24, 2015 - Nov 15, 2016
#4-11.12%
Oct 25, 2010 - Aug 2, 2011
-25.49%
Apr 20, 2022 - Feb 29, 2024
#5-10.52%
Sep 6, 2016 - Aug 3, 2017
-23.20%
Oct 18, 2024 - Dec 26, 2025
#6-7.05%
Aug 3, 2011 - Sep 16, 2011
-16.60%
May 9, 2006 - Nov 22, 2006
#7-5.41%
Oct 5, 2009 - May 12, 2010
-16.36%
Mar 4, 2005 - Jan 26, 2006
#8-4.66%
Dec 6, 2012 - Jan 22, 2013
-15.95%
Jul 19, 2007 - Oct 9, 2007
#9-4.02%
Apr 17, 2015 - Oct 2, 2015
-15.12%
Dec 10, 2007 - Apr 4, 2008
#10-3.60%
Jun 5, 2009 - Aug 21, 2009
-13.42%
Feb 27, 2026 - Mar 20, 2026
#11-3.34%
Aug 24, 2018 - Feb 26, 2019
-12.15%
Sep 5, 2014 - Feb 13, 2015
#12-2.50%
Feb 2, 2015 - Mar 24, 2015
-12.02%
Mar 1, 2004 - Sep 2, 2004
#13-2.35%
Sep 22, 2011 - Dec 21, 2011
-11.29%
Oct 31, 2007 - Dec 10, 2007
#14-1.86%
Mar 9, 2012 - Mar 27, 2012
-10.81%
Jan 4, 2022 - Mar 25, 2022
#15-1.86%
Mar 26, 2009 - Apr 22, 2009
-10.71%
May 17, 2021 - Nov 8, 2021

Correlation

Correlation between HYD and VAW is 0.85 which considered as a strong positive correlation - the stocks tend to move together.

0.85
-101

Dividend Comparison (2004 - 2026)

HYD vs VAW dividend yield comparison.

YearHYDVAW
20262.18%0.71%
20254.29%1.55%
20244.29%1.70%
20234.13%1.72%
20223.96%1.98%
20213.50%1.44%
20204.01%1.67%
20194.08%1.94%
20184.43%2.03%
20174.29%1.63%
20164.58%1.67%
20154.82%2.30%
20144.98%1.76%
20136.34%1.84%
20125.00%1.87%
20115.86%2.16%
20106.93%2.18%
20095.72%1.36%
20080.00%3.52%
20070.00%1.45%
20060.00%1.61%
20050.00%1.61%
20040.00%1.66%

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