StockComparison Logo
vs

TSPA vs HYD

Comparison between T. ROWE PRICE U.S. EQUITY RESEARCH ETF (TSPA, ETF) and VANECK HIGH YIELD MUNI ETF (HYD, ETF).

5-Year PerformanceTSPA has outperformed HYD, delivering a return of +13.9% compared to -0.5%

TSPA vs HYD - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
TSPA
$4.30B
Winner
HYD
$4.40B
Expense Ratio
TSPA
0.34%
Winner
HYD
0.32%
Max Drawdown
Winner
TSPA
24.72%
HYD
36.74%
Sharpe Ratio
Winner
TSPA
1.33
HYD
0.80
5Y Beta
TSPA
0.97
Winner
HYD
0.06
P/E Ratio
TSPA
29.02
HYD
N/A
Forward P/E
TSPA
21.10
HYD
N/A
PEG Ratio
TSPA
0.45
HYD
N/A
5Y Dividends CAGR
TSPA
N/A
HYD
-2.41%
5Y EPS CAGR
TSPA
30.92%
HYD
N/A
Debt to Equity
TSPA
52.68%
HYD
N/A
P/S Ratio
TSPA
4.42
HYD
N/A
P/B Ratio
TSPA
6.16
HYD
N/A

TSPA vs HYD - Historical Returns

Returns include dividend reinvestment.

1M
Winner
TSPA
+2.96%
HYD
-1.53%
3M
Winner
TSPA
+5.20%
HYD
-0.11%
6M
Winner
TSPA
+12.15%
HYD
+1.18%
1Y
Winner
TSPA
+23.25%
HYD
+7.14%
5Y(CAGR)
Winner
TSPA
+13.90%
HYD
-0.52%
10Y(CAGR)
TSPA
N/A
HYD
+1.72%
Max(CAGR)
Winner
TSPA
+14.53%
HYD
+4.70%

TSPA vs HYD - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

YearTSPAHYD
2026+13.59%+1.24%
2025+16.49%+3.03%
2024+27.28%+5.54%
2023+30.41%+6.06%
2022-19.11%-15.78%
2021+13.72%+5.36%
2020N/A+0.24%
2019N/A+9.24%
2018N/A+1.99%
2017N/A+9.96%
2016N/A+0.04%
2015N/A+4.86%
2014N/A+14.42%
2013N/A-8.80%
2012N/A+15.72%
2011N/A+10.69%
2010N/A+0.26%
2009N/A+23.80%

TSPA vs HYD Drawdown Comparison

The maximum drawdown for TSPA was -24.72%, occurring on Oct 12, 2022. Recovery took 478 trading sessions.

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

The current HYD drawdown is -2.82%.

RankTSPAHYD
#1-24.72%
Dec 29, 2021 - Nov 22, 2023
-35.61%
Feb 26, 2020 - May 24, 2021
#2-19.04%
Feb 19, 2025 - Jun 27, 2025
-20.72%
Aug 3, 2021 - Oct 24, 2022
#3-9.24%
Jan 29, 2026 - Apr 14, 2026
-15.48%
May 24, 2013 - Oct 8, 2014
#4-8.90%
Jul 16, 2024 - Sep 19, 2024
-11.12%
Oct 25, 2010 - Aug 2, 2011
#5-5.49%
Mar 28, 2024 - May 14, 2024
-10.52%
Sep 6, 2016 - Aug 3, 2017
#6-5.40%
Oct 29, 2025 - Dec 11, 2025
-7.05%
Aug 3, 2011 - Sep 16, 2011
#7-4.78%
Aug 30, 2021 - Oct 19, 2021
-5.41%
Oct 5, 2009 - May 12, 2010
#8-4.46%
Jun 2, 2026 - Aug 4, 2026
-4.66%
Dec 6, 2012 - Jan 22, 2013
#9-4.16%
Nov 16, 2021 - Dec 23, 2021
-4.02%
Apr 17, 2015 - Oct 2, 2015
#10-3.91%
Dec 6, 2024 - Jan 22, 2025
-3.60%
Jun 5, 2009 - Aug 21, 2009
#11-2.97%
Oct 8, 2025 - Oct 24, 2025
-3.34%
Aug 24, 2018 - Feb 26, 2019
#12-2.82%
Jul 12, 2021 - Jul 23, 2021
-2.50%
Feb 2, 2015 - Mar 24, 2015
#13-2.77%
Dec 11, 2025 - Dec 23, 2025
-2.35%
Sep 22, 2011 - Dec 21, 2011
#14-2.64%
Oct 14, 2024 - Nov 6, 2024
-1.86%
Mar 9, 2012 - Mar 27, 2012
#15-2.59%
Jan 12, 2026 - Jan 27, 2026
-1.86%
Mar 26, 2009 - Apr 22, 2009

Correlation

Correlation between TSPA and HYD is 0.55 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.55
-101

Dividend Comparison (2009 - 2026)

TSPA vs HYD dividend yield comparison.

YearTSPAHYD
20260.00%2.59%
20250.62%4.29%
20240.50%4.29%
20230.41%4.13%
20221.16%3.96%
20210.43%3.50%
20200.00%4.01%
20190.00%4.08%
20180.00%4.43%
20170.00%4.29%
20160.00%4.58%
20150.00%4.82%
20140.00%4.98%
20130.00%6.34%
20120.00%5.00%
20110.00%5.86%
20100.00%6.93%
20090.00%5.72%

Select Stocks to Compare