How many high yield muni ETFs are there?

MetaCap tracks 8 US-listed high yield muni ETFs with about $10.5B in combined assets.

What is the largest high yield muni ETF?

State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) is the largest, with about $3.7B in assets under management.

Which High Yield Muni ETF has the lowest expense ratio?

Among the funds shown, Franklin Dynamic Municipal Bond ETF (FLMI) has the lowest expense ratio at 0.30% per year, or $30 a year on a $10,000 investment.

What does AUM mean for an ETF?

Assets under management (AUM) is the total market value of everything the fund holds. Larger ETFs tend to have tighter bid-ask spreads and more trading volume, but size alone does not make a fund a better investment.

High Yield Muni ETFs

8 high yield muni ETFs ranked by assets under management. Updated October 10, 2026.

Total assets

$10.5B

MetaCap lists 8 US-listed ETFs in the High Yield Muni category, holding a combined $10.5B in assets. The largest by assets are HYMB ($3.7B), CGHM ($3.2B) and FLMI ($2.3B). Expense ratios range from 0.30% to 3.40% (median 0.35%); FLMI is the lowest-cost fund shown at 0.30% a year. On the latest trading day, 11 of 11 funds were higher, with an average move of +0.55%.

Summary generated from market data by MetaCap's automated system. Methodology

Largest high yield muni ETFs by assets

High Yield Muni ETFs by assets under management
#	Symbol	Fund Name	Price	% Change	AUM	Expense Ratio
1	HYMB	State Street SPDR Nuveen ICE High Yield Municipal Bond ETF	23.37	+0.39%	$3.68B	0.35%
2	CGHM	Capital Group Municipal High-Income ETF	24.07	+0.38%	$3.25B	0.34%
3	FLMI	Franklin Dynamic Municipal Bond ETF	23.27	+0.52%	$2.30B	0.30%
4	FMHI	First Trust Municipal High Income ETF	44.77	+0.43%	$994.80M	0.49%
5	FTMH	Franklin Municipal High Yield ETF	10.79	+0.37%	$584.75M	0.35%
6	XMPT	VanEck CEF Muni Income ETF	19.24	+1.10%	$199.12M	3.40%
7	NHYM	Nuveen High Yield Municipal Income ETF	22.93	+0.31%	$130.25M	0.35%
8	EVYM	Eaton Vance High Income Municipal ETF	46.71	+0.48%	$54.28M	0.40%
9	THYM	T. Rowe Price High Income Municipal ETF	47.39	+0.36%	$28.36M	0.32%
10	MMHI	NYLIM MacKay Muni High Income ETF	25.05	+0.34%	$25.00M	0.34%
11	YYYM	Amplify Municipal CEF High Income ETF	17.35	+1.35%	$1.55M	2.78%

Frequently asked questions

How many high yield muni ETFs are there?: MetaCap tracks 8 US-listed high yield muni ETFs with about $10.5B in combined assets.
What is the largest high yield muni ETF?: State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB) is the largest, with about $3.7B in assets under management.
Which High Yield Muni ETF has the lowest expense ratio?: Among the funds shown, Franklin Dynamic Municipal Bond ETF (FLMI) has the lowest expense ratio at 0.30% per year, or $30 a year on a $10,000 investment.
What does AUM mean for an ETF?: Assets under management (AUM) is the total market value of everything the fund holds. Larger ETFs tend to have tighter bid-ask spreads and more trading volume, but size alone does not make a fund a better investment.

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Prices as of Oct 10, 1:30 AM EDT. Market data is delayed at least 15 minutes and provided for informational purposes only. Not investment advice. Full disclaimer