SHYD ETF Analysis: Short High Yield Muni | BATS

High Yield Muni | BATS, USA | Market Cap: 463m USD | 12M Return: -0.5% | US92189F3872 | Charts, Fundamentals & Technical Analysis

Municipal Bonds, High Yield, Short Term, Tax Exempt
Total Rating 36
Safety 71
Buy Signal -0.42
High Yield Muni
Category Rotation: +4.0
TER: 0.35%
AUM: 463M
Avg Turnover: 3.06M
Risk 3d forecast
Volatility4.88%
VaR 5th Pctl0.87%
VaR vs Median-0.49%
Reward TTM
Sharpe Ratio-1.78
Rel. Str. IBD30.8
Rel. Str. Peer Group83.3
Character TTM
Beta0.069
Beta Downside0.059
Hurst Exponent0.505
Drawdowns 3y
Max DD4.17%
CAGR/Max DD0.98
CAGR/Mean DD6.97

Warnings

Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality

Not enough history
Description: SHYD Short High Yield Muni

The VanEck Short High Yield Muni ETF (SHYD) is passively managed to track a benchmark index composed of publicly traded U.S. dollar denominated municipal bonds, with at least 80% of its total assets invested in securities that comprise that index. The fund focuses specifically on the short-term, high yield segment of the tax-exempt municipal bond market, meaning it targets debt issued by state and local governments that carries below-investment-grade credit ratings and shorter maturities, while offering interest income that is generally exempt from federal income tax. Listed on BATS since its 2014 launch, SHYD falls within the high yield muni ETF category and operates with a small-cap market profile.

Headlines to Watch Out For
  • Fed rate cuts lift short-term muni NAV modestly
  • Tax exemption repeal fears pressure muni demand
  • High yield muni defaults rise on state budget stress
What is the price of SHYD shares?

As of September 27, 2026, the stock is trading at USD 21.99 with a total of 266,933 shares traded. Over the past week, the price has changed by -1.39%, over one month by -2.88%, over three months by -2.91% and over the past year by -0.49%.

Current recommended Stop Loss: 21.80 (which is 0.9% or 1.9 ATR below the current price).

Is SHYD a buy, sell or hold?

Short High Yield Muni has no consensus analysts rating.