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WisdomTree Alternative Income Fund (HYIN)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Inception Date
May 6, 2021
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
Gapstow Liquid Alternative Credit Index
Distribution Policy
Distributing
Asset Class
Multi-Asset

Share Price Chart


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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.


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S&P 500 Index

Returns By Period

WisdomTree Alternative Income Fund (HYIN) has returned -6.35% so far this year and -8.56% over the past 12 months.


WisdomTree Alternative Income Fund

1D
2.93%
1M
-0.63%
YTD
-6.35%
6M
-7.70%
1Y
-8.56%
3Y*
5.75%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since May 6, 2021, HYIN's average daily return is +0.01%, while the average monthly return is +0.12%. At this rate, your investment would double in approximately 48.2 years.

Historically, 51% of months were positive and 49% were negative. The best month was Jan 2023 with a return of +13.8%, while the worst month was Sep 2022 at -17.5%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.

On a daily basis, HYIN closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +6.0%, while the worst single day was Jun 13, 2022 at -6.9%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.29%-6.03%-0.63%-6.35%
20252.73%2.49%-3.17%-4.28%0.99%3.07%-0.34%3.53%-3.64%-2.38%1.81%-0.83%-0.46%
2024-0.75%-0.43%3.71%-2.81%3.01%1.13%5.06%0.17%1.04%-3.01%2.93%-2.52%7.39%
202313.84%-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%-17.46%10.93%5.86%-6.78%-21.14%
20211.33%1.88%-1.36%2.01%-1.31%3.11%-4.47%2.07%3.08%

Benchmark Metrics

WisdomTree Alternative Income Fund has an annualized alpha of -5.99%, beta of 0.71, and R² of 0.51 versus S&P 500 Index. Calculated based on daily prices since May 07, 2021.

  • This ETF participated in 107.57% of S&P 500 Index downside but only 67.69% of its upside — more exposed to losses than it benefited from rallies.
  • This ETF had an annualized alpha of -5.99% versus S&P 500 Index — delivering less than market exposure alone would predict.

Alpha
-5.99%
Beta
0.71
0.51
Upside Capture
67.69%
Downside Capture
107.57%

Expense Ratio

HYIN has a high expense ratio of 3.20%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

HYIN ranks 3 for risk / return — in the bottom 3% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


HYIN Risk / Return Rank: 33
Overall Rank
HYIN Sharpe Ratio Rank: 44
Sharpe Ratio Rank
HYIN Sortino Ratio Rank: 44
Sortino Ratio Rank
HYIN Omega Ratio Rank: 33
Omega Ratio Rank
HYIN Calmar Ratio Rank: 44
Calmar Ratio Rank
HYIN Martin Ratio Rank: 33
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for WisdomTree Alternative Income Fund (HYIN) and compare them to a chosen benchmark (S&P 500 Index).


HYINBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-0.50

0.90

-1.40

Sortino ratio

Return per unit of downside risk

-0.57

1.39

-1.96

Omega ratio

Gain probability vs. loss probability

0.92

1.21

-0.29

Calmar ratio

Return relative to maximum drawdown

-0.51

1.40

-1.91

Martin ratio

Return relative to average drawdown

-1.21

6.61

-7.82

Explore HYIN risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

WisdomTree Alternative Income Fund provided a 13.62% dividend yield over the last twelve months, with an annual payout of $1.96 per share.


4.00%6.00%8.00%10.00%12.00%$0.00$0.50$1.00$1.50$2.0020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021
Dividend$1.96$2.00$2.26$2.21$1.99$1.02

Dividend yield

13.62%12.58%12.59%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.16$0.16$0.16$0.48
2025$0.17$0.17$0.18$0.18$0.18$0.15$0.14$0.13$0.17$0.17$0.17$0.23$2.00
2024$0.19$0.20$0.19$0.16$0.18$0.20$0.17$0.19$0.20$0.16$0.22$0.22$2.26
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.


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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 31.10%, occurring on Oct 10, 2022. Recovery took 439 trading sessions.

The current WisdomTree Alternative Income Fund drawdown is 12.11%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-31.1%Nov 8, 2021232Oct 10, 2022439Jul 11, 2024671
-15.85%Mar 3, 202527Apr 8, 2025102Sep 4, 2025129
-15.52%Sep 9, 2025139Mar 27, 2026
-6.67%Jul 24, 20249Aug 5, 202429Sep 16, 202438
-6.03%Jun 10, 202127Jul 19, 202165Oct 19, 202192

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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