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NHYM vs YLD

Nuveen High Yield Municipal Income ETF vs Principal Active High Yield ETF

NHYM

Nuveen High Yield Municipal Income ETF

Annual cost

0.35%

Fund size

$133M

YLD

Principal Active High Yield ETF

Annual cost

0.39%

Fund size

$524M

Key differences

  • YLD is significantly larger than NHYM — larger funds tend to be more liquid and less likely to close.
  • NHYM is classified as fixed income, while YLD is alternative — different risk/return profiles.
  • NHYM covers north america markets; YLD covers global.
  • NHYM follows a index tracking strategy; YLD uses multi strategy.
  • YLD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

NHYMYLD
Annual cost (TER)0.35%0.39%
Fund size (AUM)$133M$524M
Since20252015
Dividend yield4.55%7.31%
Asset classfixed incomealternative
Regionnorth americaglobal
Strategyindex trackingmulti strategy
CAGR 1Y+8.0%+8.1%
CAGR 3YN/A+9.1%
CAGR 5YN/A+5.1%
Sharpe 3YN/A0.93
Volatility 1Y4.41%4.33%
Max drawdown-6.11%-28.34%

Similar to NHYM and YLD