HYMB vs SPY

Comparison between SPDR(R) NUVEEN BLOOMBERG HIGH YIELD MUNICIPAL BOND ETF (HYMB, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed HYMB, delivering a return of +13.3% compared to +0.6%

HYMB vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HYMB(ETF)	SPY(ETF)
Net Assets	$2.80B	$652B
Expense Ratio	0.35%	0.09%
Max Drawdown	29.76%	56.47%
Sharpe Ratio	0.73	2.07
5Y Beta	0.04	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	3.72%	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	N/A	22.35%
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Net Assets

HYMB

$2.80B

Winner

SPY

$652B

Expense Ratio

HYMB

0.35%

Winner

SPY

0.09%

Max Drawdown

Winner

HYMB

29.76%

SPY

56.47%

Sharpe Ratio

HYMB

0.73

Winner

SPY

2.07

5Y Beta

Winner

HYMB

0.04

SPY

1.00

P/E Ratio

HYMB

N/A

SPY

28.24

Forward P/E

HYMB

N/A

SPY

21.85

5Y Dividends CAGR

HYMB

3.72%

Winner

SPY

5.43%

5Y EPS CAGR

HYMB

N/A

SPY

25.79%

Debt to Equity

HYMB

N/A

SPY

22.35%

P/S Ratio

HYMB

N/A

SPY

3.55

P/B Ratio

HYMB

N/A

SPY

5.29

HYMB vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	HYMB	SPY
1 month	+0.83%	+9.11%
3 months	+1.23%	+6.59%
6 months	+2.44%	+10.56%
1 year	+7.05%	+32.04%
5 years(CAGR)	+0.56%	+13.35%
10 years(CAGR)	+2.48%	+15.49%
Max(CAGR)	+4.40%	+8.50%

HYMB

+0.83%

Winner

SPY

+9.11%

HYMB

+1.23%

Winner

SPY

+6.59%

HYMB

+2.44%

Winner

SPY

+10.56%

HYMB

+7.05%

Winner

SPY

+32.04%

5Y(CAGR)

HYMB

+0.56%

Winner

SPY

+13.35%

10Y(CAGR)

HYMB

+2.48%

Winner

SPY

+15.49%

Max(CAGR)

HYMB

+4.40%

Winner

SPY

+8.50%

HYMB vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HYMB	SPY
2026	+2.27%	+8.27%
2025	+1.88%	+18.00%
2024	+6.23%	+25.59%
2023	+7.95%	+26.72%
2022	-15.54%	-18.64%
2021	+5.37%	+30.52%
2020	+3.67%	+17.28%
2019	+9.49%	+31.09%
2018	+4.78%	-5.24%
2017	+3.02%	+20.78%
2016	+1.92%	+13.59%
2015	+3.59%	+1.31%
2014	+17.12%	+14.56%
2013	-8.31%	+29.00%
2012	+15.62%	+14.17%
2011	+10.19%	+0.85%
2010	N/A	+13.14%
2009	N/A	+22.67%
2008	N/A	-36.25%
2007	N/A	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

HYMB vs SPY Drawdown Comparison

The maximum drawdown for HYMB was -29.57%, occurring on Mar 23, 2020. Recovery took 212 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current HYMB drawdown is -0.08%.

Rank	HYMB	SPY
#1	-29.57% Mar 5, 2020 - Jan 6, 2021	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-20.16% Jul 27, 2021 - Feb 26, 2026	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-16.59% May 20, 2013 - May 20, 2014	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-7.98% Aug 29, 2016 - Aug 29, 2017	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-4.28% Dec 6, 2012 - Jan 22, 2013	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-4.19% Jan 30, 2015 - Oct 22, 2015	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-3.65% Sep 5, 2017 - May 25, 2018	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-3.11% Feb 27, 2026 - Mar 26, 2026	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-2.49% Feb 11, 2021 - Apr 22, 2021	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-1.93% May 30, 2014 - Aug 11, 2014	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-1.89% Sep 6, 2018 - Dec 28, 2018	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-1.51% Oct 4, 2011 - Nov 2, 2011	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-1.41% Mar 13, 2012 - Apr 12, 2012	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-1.33% Nov 2, 2015 - Dec 23, 2015	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-1.32% Jul 6, 2011 - Jul 12, 2011	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

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

0.85

-101

Dividend Comparison (1999 - 2026)

HYMB vs SPY dividend yield comparison.

Year	HYMB	SPY
2026	1.52%	0.24%
2025	4.55%	1.07%
2024	4.29%	1.21%
2023	4.07%	1.40%
2022	3.77%	1.65%
2021	3.19%	1.20%
2020	3.55%	1.52%
2019	3.95%	1.75%
2018	4.03%	2.04%
2017	3.78%	1.80%
2016	4.08%	2.03%
2015	4.54%	2.06%
2014	4.49%	1.87%
2013	5.17%	1.81%
2012	4.99%	2.18%
2011	4.30%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%