Vest 2 Year Interest Rate Hedge ETF (HYKE) belongs to the Nontraditional Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HYKE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HYKE
HYKE charges 0.85% annually. There are 15 ETFs in the Nontraditional Bonds category with lower expense ratios, going as low as 0.23%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | 0.23% | 131.15M | Dec 2013 | HYKE vs AGZD | |
| DoubleLine Asset-Backed Securities ETF | 0.40% | 146.87M | Feb 2025 | HYKE vs DABS | |
| JPMorgan Flexible Debt ETF | 0.45% | 1.44B | Sep 2025 | HYKE vs JFLX | |
| Simplify Interest Rate Hedge ETF | 0.50% | 182.81M | May 2021 | HYKE vs PFIX | |
| Simplify Bond Bull ETF | 0.50% | 45.63M | Dec 2024 | HYKE vs RFIX |
Best Risk-Adjusted Alternatives to HYKE
Among 20 ETFs in the Nontraditional Bonds category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Brookmont Catastrophic Bond ETF | 98 | 16.11M | Mar 2025 | HYKE vs ILS | |
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | 91 | 131.15M | Dec 2013 | HYKE vs AGZD | |
| Simplify Kayne Anderson Energy and Infrastructure ... | 88 | 150.10M | May 2025 | HYKE vs KNRG | |
| DoubleLine Asset-Backed Securities ETF | 85 | 146.87M | Feb 2025 | HYKE vs DABS | |
| NEOS Enhanced Income Credit Select ETF | 81 | 219.35M | Sep 2024 | HYKE vs HYBI |
Top Performing HYKE Alternatives (YTD)
Among 23 ETFs in the Nontraditional Bonds category with YTD return data, the top-performing alternatives shown here go as high as 10.66%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Interest Rate Hedge ETF | 10.66% | 182.81M | May 2021 | HYKE vs PFIX | |
| FolioBeyond Alternative Income and Interest Rate H... | 4.91% | 180.75M | Sep 2021 | HYKE vs RISR | |
| Simplify Bond Bull ETF | 4.85% | 45.63M | Dec 2024 | HYKE vs RFIX | |
| Return Stacked Bonds & Managed Futures ETF | 4.41% | 137.91M | Feb 2023 | HYKE vs RSBT | |
| Brookmont Catastrophic Bond ETF | 3.50% | 16.11M | Mar 2025 | HYKE vs ILS |
Lowest Volatility Alternatives to HYKE
HYKE has 0.00% 1-year volatility. No ETFs in the Nontraditional Bonds category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 2.41%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DoubleLine Asset-Backed Securities ETF | 2.41% | 146.87M | Feb 2025 | HYKE vs DABS | |
| Brookmont Catastrophic Bond ETF | 2.46% | 16.11M | Mar 2025 | HYKE vs ILS | |
| JPMorgan Flexible Debt ETF | 2.58% | 1.44B | Sep 2025 | HYKE vs JFLX | |
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | 2.69% | 131.15M | Dec 2013 | HYKE vs AGZD | |
| First Trust TCW Unconstrained Plus Bond ETF | 2.98% | 3.26B | Jun 2018 | HYKE vs UCON |
Lowest Drawdown Alternatives to HYKE
Among 20 ETFs in the Nontraditional Bonds category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.55%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Brookmont Catastrophic Bond ETF | -0.55% | 16.11M | Mar 2025 | HYKE vs ILS | |
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | -0.73% | 131.15M | Dec 2013 | HYKE vs AGZD | |
| DoubleLine Asset-Backed Securities ETF | -1.29% | 146.87M | Feb 2025 | HYKE vs DABS | |
| NEOS Enhanced Income Credit Select ETF | -1.43% | 219.35M | Sep 2024 | HYKE vs HYBI | |
| Nicholas Fixed Income Alternative ETF | -2.40% | 130.55M | Nov 2022 | HYKE vs FIAX |
Often Compared With HYKE
Investors most often compare HYKE with RYSE, SSFI, SPY. These 15 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare HYKE with Any Fund or Stock
Compare HYKE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HYKE with funds that move differently
Vest 2 Year Interest Rate Hedge ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HYKE.
Explore HYKE Diversifiers