HYMB vs NDMO
Comparison between STATE STREET(R) SPDR NUVEEN ICE HIGH YIELD MUNICIPAL BOND ETF (HYMB, ETF) and Nuveen Dynamic Municipal Opportunities Fund (NDMO, Company).
5-Year PerformanceHYMB has outperformed NDMO, delivering a return of +0.4% compared to -2.8%
HYMB vs NDMO - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
HYMB vs NDMO - Historical Returns
Returns include dividend reinvestment.
HYMB vs NDMO - Annual Returns (2011 - 2026)
Returns include dividend reinvestment.
| Year | HYMB | NDMO |
|---|---|---|
| 2026 | +2.78% | +4.78% |
| 2025 | +1.88% | +7.35% |
| 2024 | +6.23% | +7.45% |
| 2023 | +7.95% | +4.42% |
| 2022 | -15.54% | -34.38% |
| 2021 | +5.37% | +13.06% |
| 2020 | +3.67% | +5.28% |
| 2019 | +9.49% | N/A |
| 2018 | +4.78% | N/A |
| 2017 | +3.02% | N/A |
| 2016 | +1.92% | N/A |
| 2015 | +3.59% | N/A |
| 2014 | +17.12% | N/A |
| 2013 | -8.31% | N/A |
| 2012 | +15.62% | N/A |
| 2011 | +10.19% | N/A |
HYMB vs NDMO Drawdown Comparison
The maximum drawdown for HYMB was -29.57%, occurring on Mar 23, 2020. Recovery took 212 trading sessions.
The maximum drawdown for NDMO was -42.50%, occurring on Oct 27, 2022. This drawdown has not yet recovered.
The current HYMB drawdown is -0.20%. The current NDMO drawdown is -18.36%.
| Rank | HYMB | NDMO |
|---|---|---|
| #1 | -29.57% Mar 5, 2020 - Jan 6, 2021 | -42.50% Jul 13, 2021 - Oct 27, 2022 |
| #2 | -20.16% Jul 27, 2021 - Feb 26, 2026 | -4.93% Feb 3, 2021 - Apr 23, 2021 |
| #3 | -16.59% May 20, 2013 - May 20, 2014 | -3.18% May 10, 2021 - Jun 1, 2021 |
| #4 | -7.98% Aug 29, 2016 - Aug 29, 2017 | -2.32% Jun 24, 2021 - Jul 7, 2021 |
| #5 | -4.28% Dec 6, 2012 - Jan 22, 2013 | -2.09% Dec 29, 2020 - Jan 28, 2021 |
| #6 | -4.19% Jan 30, 2015 - Oct 22, 2015 | -1.99% Aug 28, 2020 - Dec 2, 2020 |
| #7 | -3.65% Sep 5, 2017 - May 25, 2018 | -1.77% Jun 3, 2021 - Jun 14, 2021 |
| #8 | -3.11% Feb 27, 2026 - May 28, 2026 | -1.39% Apr 30, 2021 - May 7, 2021 |
| #9 | -2.49% Feb 11, 2021 - Apr 22, 2021 | -1.36% Dec 22, 2020 - Dec 24, 2020 |
| #10 | -1.93% May 30, 2014 - Aug 11, 2014 | -1.29% Jun 14, 2021 - Jun 21, 2021 |
| #11 | -1.89% Sep 6, 2018 - Dec 28, 2018 | -1.04% Dec 10, 2020 - Dec 14, 2020 |
| #12 | -1.51% Oct 4, 2011 - Nov 2, 2011 | -0.97% Dec 17, 2020 - Dec 22, 2020 |
| #13 | -1.41% Mar 13, 2012 - Apr 12, 2012 | -0.76% Jun 21, 2021 - Jun 24, 2021 |
| #14 | -1.33% Nov 2, 2015 - Dec 23, 2015 | -0.64% Dec 24, 2020 - Dec 29, 2020 |
| #15 | -1.32% Jul 6, 2011 - Jul 12, 2011 | -0.64% Jul 8, 2021 - Jul 13, 2021 |
Correlation
Correlation between HYMB and NDMO is 0.84 which considered as a strong positive correlation - the stocks tend to move together.
Dividend Comparison (2011 - 2026)
HYMB vs NDMO dividend yield comparison.
| Year | HYMB | NDMO |
|---|---|---|
| 2026 | 1.90% | 3.02% |
| 2025 | 4.55% | 7.38% |
| 2024 | 4.29% | 7.43% |
| 2023 | 4.07% | 7.80% |
| 2022 | 3.77% | 9.24% |
| 2021 | 3.19% | 5.52% |
| 2020 | 3.55% | 1.46% |
| 2019 | 3.95% | 0.00% |
| 2018 | 4.03% | 0.00% |
| 2017 | 3.78% | 0.00% |
| 2016 | 4.08% | 0.00% |
| 2015 | 4.54% | 0.00% |
| 2014 | 4.49% | 0.00% |
| 2013 | 5.17% | 0.00% |
| 2012 | 4.99% | 0.00% |
| 2011 | 4.30% | 0.00% |
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