SHYD vs HPI
Comparison between VANECK SHORT HIGH YIELD MUNI ETF (SHYD, ETF) and John Hancock Preferred Income Fund (HPI, ETF).
5-Year PerformanceHPI has outperformed SHYD, delivering a return of +3.1% compared to +1.0%
SHYD vs HPI - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
SHYD vs HPI - Historical Returns
Returns include dividend reinvestment.
SHYD vs HPI - Annual Returns (2003 - 2026)
Returns include dividend reinvestment.
| Year | SHYD | HPI |
|---|---|---|
| 2026 | +1.10% | +1.35% |
| 2025 | +5.44% | +5.59% |
| 2024 | +4.61% | +15.53% |
| 2023 | +2.21% | +7.09% |
| 2022 | -9.01% | -15.28% |
| 2021 | +4.25% | +14.58% |
| 2020 | +1.41% | -7.32% |
| 2019 | +7.35% | +28.96% |
| 2018 | +3.34% | -4.69% |
| 2017 | +5.07% | +12.55% |
| 2016 | -0.59% | +10.11% |
| 2015 | -0.32% | +5.09% |
| 2014 | +4.55% | +22.89% |
| 2013 | N/A | -13.79% |
| 2012 | N/A | +8.81% |
| 2011 | N/A | +24.71% |
| 2010 | N/A | +17.89% |
| 2009 | N/A | +28.42% |
| 2008 | N/A | -19.22% |
| 2007 | N/A | -18.86% |
| 2006 | N/A | +29.77% |
| 2005 | N/A | -6.62% |
| 2004 | N/A | +3.89% |
| 2003 | N/A | +7.98% |
SHYD vs HPI Drawdown Comparison
The maximum drawdown for SHYD was -31.22%, occurring on Mar 19, 2020. Recovery took 225 trading sessions.
The maximum drawdown for HPI was -67.57%, occurring on Mar 9, 2009. Recovery took 752 trading sessions.
The current SHYD drawdown is -0.17%. The current HPI drawdown is -3.54%.
| Rank | SHYD | HPI |
|---|---|---|
| #1 | -31.22% Feb 27, 2020 - Jan 19, 2021 | -67.57% Apr 13, 2007 - Apr 8, 2010 |
| #2 | -13.32% Aug 4, 2021 - Aug 15, 2025 | -57.98% Feb 11, 2020 - Jun 28, 2021 |
| #3 | -7.97% Aug 24, 2016 - Sep 5, 2017 | -30.07% Nov 9, 2021 - Jul 16, 2024 |
| #4 | -4.24% Feb 4, 2015 - Mar 7, 2016 | -25.26% May 8, 2013 - Feb 9, 2015 |
| #5 | -2.17% Feb 26, 2026 - Mar 24, 2026 | -21.51% Mar 16, 2004 - Oct 18, 2004 |
| #6 | -2.00% Jun 25, 2014 - Sep 23, 2014 | -21.38% Sep 5, 2018 - Mar 6, 2019 |
| #7 | -1.96% Aug 22, 2018 - Jan 2, 2019 | -18.90% Oct 10, 2024 - Apr 7, 2025 |
| #8 | -1.74% Feb 8, 2021 - May 6, 2021 | -16.96% Aug 9, 2016 - May 1, 2017 |
| #9 | -1.18% Sep 5, 2017 - Apr 6, 2018 | -15.82% Feb 10, 2005 - Mar 2, 2006 |
| #10 | -1.03% Mar 12, 2014 - May 14, 2014 | -14.70% Jul 22, 2011 - Aug 29, 2011 |
| #11 | -0.99% Sep 4, 2019 - Nov 26, 2019 | -13.13% Apr 8, 2010 - Jul 21, 2010 |
| #12 | -0.90% Sep 17, 2025 - Nov 24, 2025 | -12.39% Aug 8, 2012 - Jan 17, 2013 |
| #13 | -0.74% Oct 15, 2014 - Oct 30, 2014 | -10.19% Apr 10, 2015 - Jan 5, 2016 |
| #14 | -0.69% Aug 15, 2025 - Sep 5, 2025 | -9.74% Sep 9, 2010 - May 4, 2011 |
| #15 | -0.59% Dec 10, 2014 - Dec 30, 2014 | -9.07% Oct 1, 2019 - Feb 10, 2020 |
Correlation
Correlation between SHYD and HPI is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.
Dividend Comparison (2003 - 2026)
SHYD vs HPI dividend yield comparison.
| Year | SHYD | HPI |
|---|---|---|
| 2026 | 1.44% | 3.08% |
| 2025 | 3.50% | 9.15% |
| 2024 | 3.16% | 8.91% |
| 2023 | 2.99% | 9.39% |
| 2022 | 2.66% | 9.23% |
| 2021 | 2.56% | 7.14% |
| 2020 | 3.05% | 7.53% |
| 2019 | 3.19% | 7.69% |
| 2018 | 3.17% | 8.92% |
| 2017 | 3.11% | 7.84% |
| 2016 | 2.97% | 8.26% |
| 2015 | 3.26% | 7.69% |
| 2014 | 2.90% | 8.23% |
| 2013 | 0.00% | 9.41% |
| 2012 | 0.00% | 7.67% |
| 2011 | 0.00% | 8.18% |
| 2010 | 0.00% | 7.97% |
| 2009 | 0.00% | 9.06% |
| 2008 | 0.00% | 13.42% |
| 2007 | 0.00% | 10.61% |
| 2006 | 0.00% | 8.12% |
| 2005 | 0.00% | 9.79% |
| 2004 | 0.00% | 8.69% |
| 2003 | 0.00% | 5.39% |
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