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IYLD vs THYM

iShares Morningstar Multi-Asset Income ETF vs T. Rowe Price High Income Municipal ETF

IYLD

iShares Morningstar Multi-Asset Income ETF

Annual cost

0.50%

Fund size

$128M

THYM

T. Rowe Price High Income Municipal ETF

Annual cost

0.32%

Fund size

$25M

Key differences

IYLD is a mixed asset ETF, while THYM is a fixed income ETF. IYLD charges 0.50% a year and THYM 0.32%.

  • IYLD is a mixed asset fund, while THYM is a fixed income fund. They carry different risk/return profiles.
  • THYM costs 0.18% less per year.
  • IYLD is much larger than THYM. Larger funds are usually more liquid and less likely to close.
  • IYLD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IYLDTHYM
Annual cost (TER)0.50%0.32%
Fund size (AUM)$128M$25M
Since20122025
Dividend yield4.56%
Asset classmixed assetfixed income
Regionnorth america
Strategyactive selectionactive selection
CAGR 1Y+13.1%N/A
CAGR 3Y+11.0%N/A
CAGR 5Y+3.4%N/A
Sharpe 3Y1.11N/A
Volatility 1Y5.82%
Max drawdown-30.23%-2.93%

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