SPDR Nuveen Bloomberg High Yield Municipal… (HYMB) Performance
HYMB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −0.9% since Dec 31, 2025
- 1 year
- −1.0% total return
- 5 years
- −0.2% a year
- 10 years
- +1.9% a year
- Since first price
- +4.1% a year since 2011
HYMB trailing returns vs AGG, TLT, SPY
| Period | HYMB total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.3% | −0.1% | +0.9% | +1.5% | −1.0% |
| 3 months | −2.7% | −3.8% | −0.4% | −1.0% | +3.2% |
| 6 months | −3.0% | −5.2% | −1.5% | −3.8% | +7.8% |
| YTD | −0.9% | −4.3% | −1.0% | −3.4% | +12.3% |
| 1 year | −1.0% | −5.4% | −1.1% | −6.9% | +14.4% |
| 3 years | +17.8%+5.6%/yr | +3.1% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | −1.0%−0.2%/yr | −19.6% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| 10 years | +21.2%+1.9%/yr | −18.4% | +14.0%+1.3%/yr | −18.7%−2.0%/yr | +315.9%+15.3%/yr |
| 15 years | +73.9%+3.8%/yr | −7.8% | +32.2%+1.9%/yr | +9.9%+0.6%/yr | +696.0%+14.8%/yr |
| Since inceptionApr 14, 2011 | +85.2%+4.1%/yr | −4.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: HYMB vs AGG
From Apr 14, 2011: HYMB grew to $18,523, AGG to $13,984.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
HYMB returns by calendar year
12 of 14 full years positive. Best 2014 (+18.3%), worst 2022 (−15.5%). 2026 is year to date.
HYMB annual returns table
| Year | HYMB | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −0.9% | −7.6% | −1.0% | −3.4% | +12.3% |
| 2025 | +2.0% | −6.7% | +7.2% | +4.3% | +17.7% |
| 2024 | +5.5% | −3.1% | +1.3% | −8.1% | +24.9% |
| 2023 | +7.7% | −7.7% | +5.7% | +2.8% | +26.2% |
| 2022 | −15.5% | −20.0% | −13.0% | −31.2% | −18.2% |
| 2021 | +5.2% | −2.5% | −1.8% | −4.6% | +28.7% |
| 2020 | +3.7% | −29.6% | +7.5% | +18.2% | +18.3% |
| 2019 | +9.5% | −1.3% | +8.5% | +14.1% | +31.2% |
| 2018 | +4.9% | −1.9% | +0.1% | −1.6% | −4.6% |
| 2017 | +3.2% | −3.7% | +3.6% | +9.2% | +21.7% |
| 2016 | +2.1% | −8.0% | +2.4% | +1.2% | +12.0% |
| 2015 | +3.5% | −4.2% | +0.5% | −1.8% | +1.2% |
| 2014 | +18.3% | −1.9% | +6.0% | +27.3% | +13.5% |
| 2013 | −7.5% | −16.6% | −2.0% | −13.4% | +32.3% |
| 2012 | +15.7% | −4.3% | +3.8% | +2.6% | +16.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
HYMB largest drawdowns
Now 4.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 5, 2020 | −29.6% | Mar 23, 2020 | Jan 6, 2021 | 18 days | 10 months |
| Jul 27, 2021 | −20.2% | Oct 25, 2022 | Feb 26, 2026 | 1.2 years | 4.6 years |
| May 20, 2013 | −16.6% | Sep 11, 2013 | May 20, 2014 | 4 months | 1.0 years |
| Aug 29, 2016 | −8.0% | Nov 30, 2016 | Aug 29, 2017 | 3 months | 1.0 years |
| Jul 2, 2026 | −7.6% | Oct 2, 2026 | not yet | 3 months | 4 months so far |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
HYMB risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2011 |
|---|---|---|---|---|
| Annualized return | +4.0% | −0.8% | +1.6% | +3.9% |
| Volatility (annualized) | 7.3% | 8.8% | 8.0% | 7.5% |
| Sharpe ratio | -0.02 | -0.46 | -0.04 | 0.36 |
| Sortino ratio | -0.03 | -0.60 | -0.05 | 0.49 |
| Best month | +7.2% | +7.2% | +7.2% | +7.2% |
| Worst month | −4.8% | −6.4% | −9.6% | −9.6% |
| Best 12 months | +16.8% | +16.8% | +17.2% | +21.2% |
| Worst 12 months | −2.4% | −18.6% | −18.6% | −18.6% |
| Positive months | 61% | 53% | 60% | 65% |
| Beta vs S&P 500 | 0.37 | 0.39 | 0.25 | — |
| Correlation with S&P 500 | 0.64 | 0.69 | 0.49 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
HYMB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 175 | −18.6% | +3.6% | +21.2% | 75% |
| 3-year (a year) | 151 | −4.2% | +4.0% | +11.0% | 82% |
| 5-year (a year) | 127 | −0.8% | +3.4% | +8.9% | 97% |
| 10-year (a year) | 67 | +1.6% | +2.9% | +6.6% | 100% |
Every holding period starting at a month-end since 2011. Returns for 3 years and longer are annualized.
HYMB performance overview
SPDR Nuveen Bloomberg High Yield Municipal… (HYMB) returned −1.0% over the past year and +1.9% a year over ten years, with distributions reinvested. Since its first recorded price in 2011 it has returned +4.1% a year, turning $10,000 into about $18,523. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −29.6%, from Mar 5, 2020 to Mar 23, 2020, and it took 9 months to get back to the old high. HYMB finished 12 of its 14 full calendar years with a gain; the best year was 2014 (+18.3%) and the worst 2022 (−15.5%). Volatility has been 7.5% a year.
Related: HYMB chart, HYMB dividends, HYMB bond profile. See the HYMB overview for the latest quote and fund facts.
HYMB performance FAQ
What is the HYMB return over the past year?
HYMB returned −1.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 5.4%.
What is the average annual return of HYMB?
HYMB has returned −0.2% a year over 5 years, +1.9% a year over 10 years, +4.1% a year since April 14, 2011 (total return, distributions reinvested).
How much would $10,000 invested in HYMB be worth?
$10,000 invested in HYMB at its first recorded close on April 14, 2011 would be worth about $18,523 on October 23, 2026 with distributions reinvested.
What was the worst year for HYMB?
The worst calendar year was 2022, with a total return of −15.5%. The best was 2014 at +18.3%.
What is the biggest drawdown of HYMB?
The largest peak-to-trough decline was −29.6% between March 5, 2020 and March 23, 2020. It recovered to the old high on January 6, 2021, 9 months after the bottom.
How volatile is HYMB?
Over the past 3 years HYMB had an annualized volatility of 7.3% and a Sharpe ratio of -0.02 (excess return over 1–3 month T-bills per unit of risk).