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VMSB vs HYD

Voya Multi-Sector Income ETF vs VanEck High Yield Muni ETF

VMSB

Voya Multi-Sector Income ETF

Annual cost

0.45%

Fund size

$309M

HYD

VanEck High Yield Muni ETF

Annual cost

0.32%

Fund size

$4.2B

Key differences

  • HYD costs 0.13% less per year.
  • HYD is significantly larger than VMSB — larger funds tend to be more liquid and less likely to close.
  • VMSB is classified as alternative, while HYD is fixed income — different risk/return profiles.
  • VMSB follows a multi strategy strategy; HYD uses index tracking.
  • HYD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

VMSBHYD
Annual cost (TER)0.45%0.32%
Fund size (AUM)$309M$4.2B
Since20252009
Dividend yield4.33%
Asset classalternativefixed income
Regionnorth america
Strategymulti strategyindex tracking
CAGR 1YN/A+7.7%
CAGR 3YN/A+4.9%
CAGR 5YN/A-0.0%
Sharpe 3YN/A0.25
Volatility 1Y4.07%
Max drawdown-2.57%-35.60%

Similar to VMSB and HYD