CP High Yield Trend ETF (HYTR)
HYTR is a passive ETF by Counterpoint Mutual Funds LLC tracking the investment results of the CP High Yield Trend Index. HYTR launched on Jan 21, 2020 and has a 0.97% expense ratio.
ETF Info
| Issuer | Counterpoint Mutual Funds LLC |
|---|---|
| Inception Date | Jan 21, 2020 |
| Region | North America (U.S.) |
| Category | High Yield Bonds |
| Index Tracked | CP High Yield Trend Index |
| Asset Class | Bond |
Expense Ratio
HYTR has a high expense ratio of 0.97%, 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: HYTR vs. SPHY, HYTR vs. VOO, HYTR vs. SPYD, HYTR vs. USHY, HYTR vs. BST, HYTR vs. JNK, HYTR vs. GAIN
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in CP High Yield Trend ETF, 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
CP High Yield Trend ETF had a return of 2.06% year-to-date (YTD) and 9.40% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.06% | 11.29% |
| 1 month | 2.45% | 4.87% |
| 6 months | 7.04% | 17.88% |
| 1 year | 9.40% | 29.16% |
| 5 years (annualized) | N/A | 13.20% |
| 10 years (annualized) | N/A | 10.97% |
Monthly Returns
The table below presents the monthly returns of HYTR, 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 | 0.17% | 0.14% | 1.21% | -1.28% | 2.06% | ||||||||
| 2023 | 2.55% | -2.00% | 1.93% | 0.18% | -1.20% | 1.76% | 1.10% | 0.22% | -1.64% | -1.56% | 3.58% | 3.32% | 8.31% |
| 2022 | -1.80% | -0.51% | -3.17% | -2.07% | 0.70% | -0.76% | 1.60% | -2.86% | -2.98% | -0.66% | 2.49% | -1.72% | -11.29% |
| 2021 | -0.45% | -0.02% | 0.89% | 0.67% | 0.03% | 1.21% | 0.09% | 0.51% | -0.26% | -0.52% | -0.31% | 0.89% | 2.75% |
| 2020 | -0.94% | -1.44% | -2.91% | 0.00% | 0.23% | -2.71% | 3.01% | -0.25% | -0.96% | -0.19% | 3.46% | 1.98% | -0.95% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HYTR is 61, 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.
HYTR (CP High Yield Trend ETF)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for CP High Yield Trend ETF (HYTR) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
CP High Yield Trend ETF granted a 5.31% dividend yield in the last twelve months. The annual payout for that period amounted to $1.14 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Dividend | $1.14 | $1.16 | $0.26 | $0.88 | $0.73 |
Dividend yield | 5.31% | 5.43% | 1.24% | 3.70% | 3.05% |
Monthly Dividends
The table displays the monthly dividend distributions for CP High Yield Trend ETF. 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 | $0.00 | $0.10 | $0.11 | $0.09 | $0.00 | $0.30 | |||||||
| 2023 | $0.00 | $0.10 | $0.11 | $0.10 | $0.10 | $0.09 | $0.10 | $0.10 | $0.10 | $0.11 | $0.05 | $0.20 | $1.16 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.02 | $0.01 | $0.02 | $0.02 | $0.03 | $0.14 | $0.26 |
| 2021 | $0.00 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.10 | $0.07 | $0.07 | $0.06 | $0.15 | $0.88 |
| 2020 | $0.10 | $0.08 | $0.01 | $0.01 | $0.01 | $0.02 | $0.07 | $0.08 | $0.07 | $0.10 | $0.17 | $0.73 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the CP High Yield Trend ETF. 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 CP High Yield Trend ETF was 13.25%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current CP High Yield Trend ETF drawdown is 2.59%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.25% | Sep 17, 2021 | 276 | Oct 20, 2022 | — | — | — |
| -8.16% | Feb 21, 2020 | 90 | Jun 29, 2020 | 233 | Jun 2, 2021 | 323 |
| -1.41% | Jan 23, 2020 | 3 | Jan 27, 2020 | 8 | Feb 6, 2020 | 11 |
| -1.08% | Jul 6, 2021 | 10 | Jul 19, 2021 | 29 | Aug 27, 2021 | 39 |
| -0.27% | Jun 14, 2021 | 5 | Jun 18, 2021 | 3 | Jun 23, 2021 | 8 |
Volatility
Volatility Chart
The current CP High Yield Trend ETF volatility is 1.39%, 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.