VAW vs HYD
Comparison between VANGUARD MATERIALS INDEX FUND ETF SHARES (VAW, ETF) and VANECK HIGH YIELD MUNI ETF (HYD, ETF).
5-Year PerformanceVAW has outperformed HYD, delivering a return of +6.8% compared to -0.4%
VAW vs HYD - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
VAW vs HYD - Historical Returns
Returns include dividend reinvestment.
VAW vs HYD - Annual Returns (2004 - 2026)
Returns include dividend reinvestment.
| Year | VAW | HYD |
|---|---|---|
| 2026 | +7.82% | +2.00% |
| 2025 | +13.45% | +3.03% |
| 2024 | +0.72% | +5.54% |
| 2023 | +13.72% | +6.06% |
| 2022 | -10.82% | -15.78% |
| 2021 | +28.37% | +5.36% |
| 2020 | +20.65% | +0.24% |
| 2019 | +22.95% | +9.24% |
| 2018 | -18.75% | +1.99% |
| 2017 | +22.77% | +9.96% |
| 2016 | +23.44% | +0.04% |
| 2015 | -10.48% | +4.86% |
| 2014 | +6.67% | +14.42% |
| 2013 | +21.70% | -8.80% |
| 2012 | +14.15% | +15.72% |
| 2011 | -10.25% | +10.69% |
| 2010 | +20.83% | +0.26% |
| 2009 | +45.94% | +23.80% |
| 2008 | -46.00% | N/A |
| 2007 | +26.82% | N/A |
| 2006 | +17.74% | N/A |
| 2005 | +4.50% | N/A |
| 2004 | +21.63% | N/A |
VAW vs HYD Drawdown Comparison
The maximum drawdown for VAW was -62.12%, occurring on Mar 9, 2009. Recovery took 1170 trading sessions.
The maximum drawdown for HYD was -35.61%, occurring on Mar 18, 2020. Recovery took 313 trading sessions.
The current VAW drawdown is -6.84%. The current HYD drawdown is -2.08%.
| Rank | VAW | HYD |
|---|---|---|
| #1 | -62.12% May 16, 2008 - Jan 9, 2013 | -35.61% Feb 26, 2020 - May 24, 2021 |
| #2 | -41.14% Jan 26, 2018 - Sep 1, 2020 | -20.72% Aug 3, 2021 - Oct 24, 2022 |
| #3 | -27.23% Feb 24, 2015 - Nov 15, 2016 | -15.48% May 24, 2013 - Oct 8, 2014 |
| #4 | -25.49% Apr 20, 2022 - Feb 29, 2024 | -11.12% Oct 25, 2010 - Aug 2, 2011 |
| #5 | -23.20% Oct 18, 2024 - Dec 26, 2025 | -10.52% Sep 6, 2016 - Aug 3, 2017 |
| #6 | -16.60% May 9, 2006 - Nov 22, 2006 | -7.05% Aug 3, 2011 - Sep 16, 2011 |
| #7 | -16.36% Mar 4, 2005 - Jan 26, 2006 | -5.41% Oct 5, 2009 - May 12, 2010 |
| #8 | -15.95% Jul 19, 2007 - Oct 9, 2007 | -4.66% Dec 6, 2012 - Jan 22, 2013 |
| #9 | -15.12% Dec 10, 2007 - Apr 4, 2008 | -4.02% Apr 17, 2015 - Oct 2, 2015 |
| #10 | -13.42% Feb 27, 2026 - Mar 20, 2026 | -3.60% Jun 5, 2009 - Aug 21, 2009 |
| #11 | -12.15% Sep 5, 2014 - Feb 13, 2015 | -3.34% Aug 24, 2018 - Feb 26, 2019 |
| #12 | -12.02% Mar 1, 2004 - Sep 2, 2004 | -2.50% Feb 2, 2015 - Mar 24, 2015 |
| #13 | -11.29% Oct 31, 2007 - Dec 10, 2007 | -2.35% Sep 22, 2011 - Dec 21, 2011 |
| #14 | -10.81% Jan 4, 2022 - Mar 25, 2022 | -1.86% Mar 9, 2012 - Mar 27, 2012 |
| #15 | -10.71% May 17, 2021 - Nov 8, 2021 | -1.86% Mar 26, 2009 - Apr 22, 2009 |
Correlation
Correlation between VAW and HYD is 0.85 which considered as a strong positive correlation - the stocks tend to move together.
Dividend Comparison (2004 - 2026)
VAW vs HYD dividend yield comparison.
| Year | VAW | HYD |
|---|---|---|
| 2026 | 0.71% | 2.18% |
| 2025 | 1.55% | 4.29% |
| 2024 | 1.70% | 4.29% |
| 2023 | 1.72% | 4.13% |
| 2022 | 1.98% | 3.96% |
| 2021 | 1.44% | 3.50% |
| 2020 | 1.67% | 4.01% |
| 2019 | 1.94% | 4.08% |
| 2018 | 2.03% | 4.43% |
| 2017 | 1.63% | 4.29% |
| 2016 | 1.67% | 4.58% |
| 2015 | 2.30% | 4.82% |
| 2014 | 1.76% | 4.98% |
| 2013 | 1.84% | 6.34% |
| 2012 | 1.87% | 5.00% |
| 2011 | 2.16% | 5.86% |
| 2010 | 2.18% | 6.93% |
| 2009 | 1.36% | 5.72% |
| 2008 | 3.52% | 0.00% |
| 2007 | 1.45% | 0.00% |
| 2006 | 1.61% | 0.00% |
| 2005 | 1.61% | 0.00% |
| 2004 | 1.66% | 0.00% |
Select Stocks to Compare
More Comparisons
Compare with similar stocks