HYD vs USMV: Holdings Overlap
VanEck · 1911 holdings · $4.4B · as of 2026-04-30
USMViShares MSCI USA Min Vol Factor ETF
iShares · 170 holdings · $24.1B · as of 2026-04-30
How similar are HYD and USMV?
VanEck High Yield Muni ETF (HYD, by VanEck) holds 1911 positions; iShares MSCI USA Min Vol Factor ETF (USMV, by iShares) holds 170. They have 0 holdings in common, and by portfolio weight the two funds are 0.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 0HYD holds 1911 · USMV holds 170
- Weight in Shared Holdings
- HYD 0%·USMV 0%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in HYD
1911 of 1911 positions (95.2% of the fund) are not held by USMV. Showing the top 30 by weight.
- Puerto Rico Sales Tax Financing Corp. Sales Tax, Series A-10.99%
- Buckeye Tobacco Settlement Financing Authority, Series 2020B-2, Class 20.87%
- Tobacco Settlement Financing Corp., Series 2018B0.71%
- CHICAGO IL BRD OF EDU0.67%
- NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE0.66%
- PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE0.63%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| HYD | -1.5% | +1.3% | +7.1% | +4.5% | -0.5% | +2.8% | 4.38% |
| USMV | +2.3% | +7.6% | +10.3% | +12.2% | +7.4% | +9.9% | 1.44% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in HYD vs USMV →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do HYD and USMV overlap?
HYD and USMV overlap by 0.0% of portfolio weight. They share 0 holdings (HYD holds 1911 positions and USMV holds 170), based on each fund's latest SEC-reported holdings.
Is it redundant to own both HYD and USMV?
The two portfolios are 0.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What does HYD own that USMV doesn't?
1911 positions (95.2% of HYD) are unique to HYD, led by Puerto Rico Sales Tax Financing Corp. Sales Tax, Series A-1, Buckeye Tobacco Settlement Financing Authority, Series 2020B-2, Class 2 and Tobacco Settlement Financing Corp., Series 2018B. In the other direction, 170 positions (99.7% of USMV) are unique to USMV.