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SHYD vs MUST

Comparison between VANECK SHORT HIGH YIELD MUNI ETF (SHYD, ETF) and COLUMBIA MULTI-SECTOR MUNICIPAL INCOME ETF (MUST, ETF).

5-Year PerformanceSHYD has outperformed MUST, delivering a return of +1.0% compared to +0.8%

SHYD vs MUST - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
SHYD
$423M
Winner
MUST
$594M
Expense Ratio
SHYD
0.32%
Winner
MUST
0.23%
Max Drawdown
SHYD
31.57%
Winner
MUST
15.75%
Sharpe Ratio
SHYD
0.49
Winner
MUST
0.56
5Y Beta
Winner
SHYD
0.03
MUST
0.06
5Y Dividends CAGR
SHYD
1.51%
Winner
MUST
7.39%

SHYD vs MUST - Historical Returns

Returns include dividend reinvestment.

1M
SHYD
+0.70%
Winner
MUST
+0.78%
3M
Winner
SHYD
+0.39%
MUST
+0.02%
6M
SHYD
+1.69%
Winner
MUST
+1.99%
1Y
SHYD
+5.19%
Winner
MUST
+6.34%
5Y(CAGR)
Winner
SHYD
+0.97%
MUST
+0.83%
10Y(CAGR)
SHYD
+2.07%
MUST
N/A
Max(CAGR)
SHYD
+2.29%
Winner
MUST
+2.97%

SHYD vs MUST - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

YearSHYDMUST
2026+1.10%+1.21%
2025+5.44%+4.61%
2024+4.61%+0.64%
2023+2.21%+6.28%
2022-9.01%-8.79%
2021+4.25%+2.24%
2020+1.41%+6.72%
2019+7.35%+8.51%
2018+3.34%+2.72%
2017+5.07%N/A
2016-0.59%N/A
2015-0.32%N/A
2014+4.55%N/A

SHYD vs MUST Drawdown Comparison

The maximum drawdown for SHYD was -31.22%, occurring on Mar 19, 2020. Recovery took 225 trading sessions.

The maximum drawdown for MUST was -13.83%, occurring on Oct 31, 2022. Recovery took 1035 trading sessions.

The current SHYD drawdown is -0.17%. The current MUST drawdown is -1.14%.

RankSHYDMUST
#1-31.22%
Feb 27, 2020 - Jan 19, 2021
-13.83%
Aug 3, 2021 - Sep 17, 2025
#2-13.32%
Aug 4, 2021 - Aug 15, 2025
-12.86%
Mar 9, 2020 - Jul 31, 2020
#3-7.97%
Aug 24, 2016 - Sep 5, 2017
-3.01%
Feb 23, 2026 - Mar 27, 2026
#4-4.24%
Feb 4, 2015 - Mar 7, 2016
-2.29%
Feb 12, 2021 - Jun 1, 2021
#5-2.17%
Feb 26, 2026 - Mar 24, 2026
-1.64%
Sep 4, 2019 - Jan 6, 2020
#6-2.00%
Jun 25, 2014 - Sep 23, 2014
-1.31%
Aug 10, 2020 - Nov 19, 2020
#7-1.96%
Aug 22, 2018 - Jan 2, 2019
-0.92%
Oct 13, 2025 - Oct 20, 2025
#8-1.74%
Feb 8, 2021 - May 6, 2021
-0.84%
Dec 24, 2018 - Jan 4, 2019
#9-1.18%
Sep 5, 2017 - Apr 6, 2018
-0.82%
Sep 17, 2025 - Oct 13, 2025
#10-1.03%
Mar 12, 2014 - May 14, 2014
-0.79%
Oct 26, 2018 - Dec 3, 2018
#11-0.99%
Sep 4, 2019 - Nov 26, 2019
-0.77%
Jan 12, 2026 - Jan 30, 2026
#12-0.90%
Sep 17, 2025 - Nov 24, 2025
-0.70%
Nov 28, 2025 - Dec 26, 2025
#13-0.74%
Oct 15, 2014 - Oct 30, 2014
-0.67%
Feb 26, 2019 - Mar 18, 2019
#14-0.69%
Aug 15, 2025 - Sep 5, 2025
-0.66%
Jun 9, 2021 - Jul 8, 2021
#15-0.59%
Dec 10, 2014 - Dec 30, 2014
-0.64%
Mar 27, 2019 - Apr 10, 2019

Correlation

Correlation between SHYD and MUST is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91
-101

Dividend Comparison (2014 - 2026)

SHYD vs MUST dividend yield comparison.

YearSHYDMUST
20261.44%1.40%
20253.50%3.28%
20243.16%3.13%
20232.99%2.51%
20222.66%1.76%
20212.56%1.62%
20203.05%2.33%
20193.19%2.70%
20183.17%0.55%
20173.11%0.00%
20162.97%0.00%
20153.26%0.00%
20142.90%0.00%

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