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SHYD
VanEck Vectors Short High-Yield Municipal Index ETF

Fund Description

The VanEck Vectors® Short High-Yield Municipal Index ETF (SHYD®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Bloomberg Barclays Municipal High Yield Short Duration Index (BMHYTR), which is intended to track the overall performance of the U.S. dollar denominated high yield short-term tax-exempt bond.

 
 

  • Fund Ticker

    SHYD
  • Exchange

    Cboe
  • Commencement

    01/13/2014
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    Bank of New York Mellon
  • Index Ticker

    BMHYTR
  • Index Rebalancing

    Monthly

 
as of 08/19/19

  • 30-Day SEC Yield1

    2.73%
  • Total Net Assets

    $232.9M
  • Number of Holdings

    560
  • Options

    Expected
  • Gross Expense Ratio2

    0.35%
  • Net Expense Ratio/TER2

    0.35%
  • Distribution Frequency

    Monthly
  • Next Distribution Date

    08/30/2019

1, 2 See Important Disclosure

Performance History: Average Annual Total Returns* (%)

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
01/13/14
SHYD (NAV) 0.54 2.38 5.70 5.48 2.78 3.07 -- 3.18
SHYD (Share Price) 0.51 2.43 5.67 5.50 2.66 3.10 -- 3.19
BMHYTR (Index) 0.60 2.33 5.50 7.15 3.75 4.44 -- 4.85
Performance Differential (NAV - Index) -0.06 0.05 0.20 -1.67 -0.97 -1.37 -- -1.67
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
01/13/14
SHYD (NAV) 0.47 2.07 5.13 5.57 2.62 2.94 -- 3.13
SHYD (Share Price) 0.43 2.19 5.13 5.43 2.53 2.84 -- 3.15
BMHYTR (Index) 0.54 2.09 4.87 7.20 3.65 4.36 -- 4.82
Performance Differential (NAV - Index) -0.07 -0.02 0.26 -1.63 -1.03 -1.42 -- -1.69

Performance History:Cumulative Total Return (%) Annual End as of 12/31/18

1 YR 3 YR 5 YR 10 YR LIFE
01/13/14
SHYD (NAV) 2.43 6.07 -- -- 12.54
SHYD (Share Price) 3.24 8.03 -- -- 12.65
BMHYTR (Index) 5.14 10.43 23.93 -- 23.28
Performance Differential (NAV - Index) -2.71 -4.36 -- -- -10.74

Distribution History

Anticipated Frequency: Monthly Dividend Income & Annual Capital Gains
Ex-Date Record
Date
Payable Date Dividend
Income*
Short-Term
Capital Gains
Long-Term
Capital Gains
Return of Capital Total Distributions
08/01/2019 08/02/2019 08/07/2019 $0.0708 -- -- -- $0.0708
07/01/2019 07/02/2019 07/08/2019 $0.0675 -- -- -- $0.0675
06/03/2019 06/04/2019 06/07/2019 $0.0662 -- -- -- $0.0662
05/01/2019 05/02/2019 05/07/2019 $0.0647 -- -- -- $0.0647
04/01/2019 04/02/2019 04/05/2019 $0.0683 -- -- -- $0.0683
03/01/2019 03/04/2019 03/07/2019 $0.0599 -- -- -- $0.0599
02/01/2019 02/04/2019 02/07/2019 $0.0635 -- -- -- $0.0635
12/27/2018 12/28/2018 01/03/2019 $0.0685 -- -- -- $0.0685
12/03/2018 12/04/2018 12/07/2018 $0.0667 -- -- -- $0.0667
11/01/2018 11/02/2018 11/07/2018 $0.0679 -- -- -- $0.0679
10/01/2018 10/02/2018 10/05/2018 $0.0655 -- -- -- $0.0655
09/04/2018 09/05/2018 09/10/2018 $0.0671 -- -- -- $0.0671
08/01/2018 08/02/2018 08/07/2018 $0.0622 -- -- -- $0.0622
07/02/2018 07/03/2018 07/09/2018 $0.0607 -- -- -- $0.0607
06/01/2018 06/04/2018 06/07/2018 $0.0556 -- -- -- $0.0556
05/01/2018 05/02/2018 05/07/2018 $0.0630 -- -- -- $0.0630
04/02/2018 04/03/2018 04/06/2018 $0.0656 -- -- -- $0.0656
03/01/2018 03/02/2018 03/07/2018 $0.0595 -- -- -- $0.0595
02/01/2018 02/02/2018 02/07/2018 $0.0656 -- -- -- $0.0656
12/27/2017 12/28/2017 01/03/2018 $0.0652 -- -- -- $0.0652
12/01/2017 12/04/2017 12/07/2017 $0.0623 -- -- -- $0.0623
11/01/2017 11/02/2017 11/07/2017 $0.0653 -- -- -- $0.0653
10/02/2017 10/03/2017 10/06/2017 $0.0626 -- -- -- $0.0626
09/01/2017 09/06/2017 09/08/2017 $0.0577 -- -- -- $0.0577
08/01/2017 08/03/2017 08/07/2017 $0.0590 -- -- -- $0.0590
07/03/2017 07/06/2017 07/10/2017 $0.0670 -- -- -- $0.0670
06/01/2017 06/05/2017 06/07/2017 $0.0647 -- -- -- $0.0647
05/01/2017 05/03/2017 05/05/2017 $0.0622 -- -- -- $0.0622
04/03/2017 04/05/2017 04/07/2017 $0.0639 -- -- -- $0.0639
03/01/2017 03/03/2017 03/07/2017 $0.0618 -- -- -- $0.0618
02/01/2017 02/03/2017 02/07/2017 $0.0612 -- -- -- $0.0612
12/28/2016 12/30/2016 01/04/2017 $0.0591 -- -- -- $0.0591
12/01/2016 12/05/2016 12/07/2016 $0.0562 -- -- -- $0.0562
11/01/2016 11/03/2016 11/07/2016 $0.0586 -- -- -- $0.0586
10/03/2016 10/05/2016 10/07/2016 $0.0559 -- -- -- $0.0559
09/01/2016 09/06/2016 09/08/2016 $0.0552 -- -- -- $0.0552
08/01/2016 08/03/2016 08/05/2016 $0.0524 -- -- -- $0.0524
07/01/2016 07/06/2016 07/08/2016 $0.0470 -- -- -- $0.0470
06/01/2016 06/03/2016 06/07/2016 $0.0666 -- -- -- $0.0666
05/02/2016 05/04/2016 05/06/2016 $0.0480 -- -- -- $0.0480
04/01/2016 04/05/2016 04/07/2016 $0.0679 -- -- -- $0.0679
03/01/2016 03/03/2016 03/07/2016 $0.0713 -- -- -- $0.0713
02/01/2016 02/03/2016 02/05/2016 $0.0684 -- -- -- $0.0684
12/29/2015 12/31/2015 01/05/2016 $0.0640 -- -- -- $0.0640
12/01/2015 12/03/2015 12/07/2015 $0.0678 -- -- -- $0.0678
11/02/2015 11/04/2015 11/06/2015 $0.0700 -- -- -- $0.0700
10/01/2015 10/05/2015 10/07/2015 $0.0680 -- -- -- $0.0680
09/01/2015 09/03/2015 09/08/2015 $0.0699 -- -- -- $0.0699
08/03/2015 08/05/2015 08/07/2015 $0.0695 -- -- -- $0.0695
07/01/2015 07/06/2015 07/08/2015 $0.0647 -- -- -- $0.0647
06/01/2015 06/03/2015 06/05/2015 $0.0650 -- -- -- $0.0650
05/01/2015 05/05/2015 05/07/2015 $0.0630 -- -- -- $0.0630
04/01/2015 04/06/2015 04/08/2015 $0.0669 -- -- -- $0.0669
03/02/2015 03/04/2015 03/06/2015 $0.0601 -- -- -- $0.0601
02/02/2015 02/04/2015 02/06/2015 $0.0700 -- -- -- $0.0700
12/29/2014 12/31/2014 01/05/2015 $0.0670 -- -- -- $0.0670
12/01/2014 12/03/2014 12/05/2014 $0.0622 -- -- -- $0.0622
11/03/2014 11/05/2014 11/07/2014 $0.0686 -- -- -- $0.0686
10/01/2014 10/03/2014 10/07/2014 $0.0680 -- -- -- $0.0680
09/02/2014 09/04/2014 09/08/2014 $0.0660 -- -- -- $0.0660
08/01/2014 08/05/2014 08/07/2014 $0.0720 -- -- -- $0.0720
07/01/2014 07/03/2014 07/08/2014 $0.0580 -- -- -- $0.0580
06/02/2014 06/04/2014 06/06/2014 $0.0600 -- -- -- $0.0600
05/01/2014 05/05/2014 05/07/2014 $0.0650 -- -- -- $0.0650
04/01/2014 04/03/2014 04/07/2014 $0.0650 -- -- -- $0.0650
03/03/2014 03/05/2014 03/07/2014 $0.0900 -- -- -- $0.0900

*All registered investment companies are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck Vectors ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant VanEck Vectors ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions.

Certain distributions may constitute a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The final determination of the tax characteristics cannot be determined until after each Fund’s yearend and are reported to shareholders on Form 1099-DIV. The form is mailed to shareholders shortly after calendar yearend specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distribution on a shareholder’s tax return.

The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time depending on whether the Fund has gains or losses on the securities in its portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of dividends may change. There can be no assurance that the Fund will be able to declare a dividend distribution in each period. Past performance is no guarantee of future results.

Click here to access more detailed yearend tax information.

Growth of hypothetical $10,000 investment as of 07/31/2019

3 Months | 6 Months | 1 Year | 3 Years | 5 Years |
  TO  

Calendar Year Returns (%) as of 12/31/2018

NAV History
as of 07/31/19

Best & Worst
Quarter Returns (%)
as of 06/30/19

  • Best quarter

    1Q'19 +3.00%
  • Worst quarter

    4Q'16 -4.93%
Best & Worst Quarter Returns are based on NAV, reflect the period since the Fund's inception, and are updated quarterly.