WisdomTree Alternative Income Fund (HYIN)
HYIN is a passive ETF by WisdomTree tracking the investment results of the Gapstow Liquid Alternative Credit Index. HYIN launched on May 6, 2021 and has a 3.20% expense ratio.
ETF Info
| Issuer | WisdomTree |
|---|---|
| Inception Date | May 6, 2021 |
| Region | North America (U.S.) |
| Category | Diversified Portfolio |
| Leveraged | 1x |
| Index Tracked | Gapstow Liquid Alternative Credit Index |
| Home Page | www.wisdomtree.com |
| Asset Class | Multi-Asset |
Expense Ratio
HYIN has a high expense ratio of 3.20%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: HYIN vs. MDIV, HYIN vs. CEFS, HYIN vs. PSP, HYIN vs. O, HYIN vs. VCLT, HYIN vs. SCHH, HYIN vs. VCIT, HYIN vs. ARCC, HYIN vs. BND, HYIN vs. BIZD
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in WisdomTree Alternative Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
WisdomTree Alternative Income Fund had a return of 8.37% year-to-date (YTD) and 14.89% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.37% | 25.48% |
| 1 month | -0.16% | 2.14% |
| 6 months | 4.27% | 12.76% |
| 1 year | 14.89% | 33.14% |
| 5 years (annualized) | N/A | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of HYIN, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.74% | -0.42% | 3.70% | -2.81% | 3.01% | 1.13% | 5.06% | 0.17% | 1.04% | -3.01% | 8.37% | ||
| 2023 | 13.84% | -3.14% | -6.45% | 1.94% | -1.88% | 8.43% | 5.20% | -1.17% | -2.70% | -5.93% | 9.33% | 4.68% | 21.84% |
| 2022 | -0.22% | -4.90% | 2.24% | -7.13% | 0.53% | -8.98% | 12.50% | -5.89% | -17.47% | 10.93% | 5.86% | -6.78% | -21.14% |
| 2021 | 1.33% | 1.88% | -1.36% | 2.01% | -1.31% | 3.11% | -4.46% | 2.07% | 3.08% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HYIN is 45, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for WisdomTree Alternative Income Fund (HYIN) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
WisdomTree Alternative Income Fund provided a 12.18% dividend yield over the last twelve months, with an annual payout of $2.26 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $2.26 | $2.21 | $1.99 | $1.02 |
Dividend yield | 12.18% | 11.71% | 11.34% | 4.13% |
Monthly Dividends
The table displays the monthly dividend distributions for WisdomTree Alternative Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.19 | $0.20 | $0.19 | $0.16 | $0.18 | $0.20 | $0.17 | $0.19 | $0.20 | $0.16 | $0.00 | $1.82 | |
| 2023 | $0.18 | $0.16 | $0.20 | $0.19 | $0.19 | $0.16 | $0.17 | $0.18 | $0.21 | $0.17 | $0.25 | $0.20 | $2.21 |
| 2022 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.49 | $0.16 | $0.12 | $0.17 | $1.99 |
| 2021 | $0.53 | $0.00 | $0.00 | $0.49 | $1.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the WisdomTree Alternative Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the WisdomTree Alternative Income Fund was 31.11%, occurring on Oct 10, 2022. Recovery took 439 trading sessions.
The current WisdomTree Alternative Income Fund drawdown is 2.63%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.11% | Nov 8, 2021 | 232 | Oct 10, 2022 | 439 | Jul 11, 2024 | 671 |
| -6.67% | Jul 24, 2024 | 9 | Aug 5, 2024 | 29 | Sep 16, 2024 | 38 |
| -6.03% | Jun 10, 2021 | 27 | Jul 19, 2021 | 65 | Oct 19, 2021 | 92 |
| -5.1% | May 10, 2021 | 3 | May 12, 2021 | 10 | May 26, 2021 | 13 |
| -4.31% | Sep 20, 2024 | 32 | Nov 4, 2024 | — | — | — |
Volatility
Volatility Chart
The current WisdomTree Alternative Income Fund volatility is 3.09%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.