WisdomTree Interest Rate Hedged High Yield Bond Fund (HYZD) belongs to the High Yield Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HYZD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HYZD
HYZD charges 0.43% annually. There are 74 ETFs in the High Yield Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab High Yield Bond ETF | 0.03% | 2.54B | Jul 2023 | HYZD vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.07B | Jun 2012 | HYZD vs SPHY | |
| Xtrackers USD High Yield Corporate Bond ETF | 0.15% | 3.48B | Dec 2016 | HYZD vs HYLB | |
| JPMorgan BetaBuilders USD High Yield Corporate Bon... | 0.15% | 608.96M | Sep 2016 | HYZD vs BBHY | |
| iShares Broad USD High Yield Corporate Bond ETF | 0.15% | 26.83B | Oct 2017 | HYZD vs USHY |
Best Risk-Adjusted Alternatives to HYZD
HYZD has a PortfoliosLab risk / return rank of 81. There are 7 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds 2025 Term High Yield & Income ETF | 97 | 364.90M | May 2019 | HYZD vs IBHE | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 95 | 1.03B | Aug 2018 | HYZD vs BSJQ | |
| BondBloxx US High Yield Energy Sector ETF | 94 | 5.96M | Feb 2022 | HYZD vs XHYE | |
| Pacific Global Senior Loan ETF | 85 | 615.17M | Feb 2015 | HYZD vs FLRT | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 85 | 8.41M | Nov 2024 | HYZD vs LDRH |
Top Performing HYZD Alternatives (YTD)
HYZD is at 2.51% YTD. There are 7 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 14.37%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 14.37% | — | Aug 2025 | HYZD vs DADS | |
| VanEck Vectors Emerging Markets High Yield Bond ET... | 3.92% | 510.68M | May 2012 | HYZD vs HYEM | |
| BondBloxx US High Yield Energy Sector ETF | 3.57% | 5.96M | Feb 2022 | HYZD vs XHYE | |
| Fidelity Sustainable High Yield ETF | 3.35% | 112.95M | Feb 2022 | HYZD vs FSYD | |
| ProShares High Yield-Interest Rate Hedged | 2.90% | 173.54M | May 2013 | HYZD vs HYHG |
Lowest Volatility Alternatives to HYZD
HYZD has 3.15% 1-year volatility. There are 26 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds 2024 Term High Yield & Income ETF | 0.00% | 310.08M | May 2019 | HYZD vs IBHD | |
| Invesco BulletShares 2024 High Yield Corporate Bon... | 0.00% | 437.22M | Sep 2016 | HYZD vs BSJO | |
| Xtrackers J.P. Morgan ESG USD High Yield Corporate... | 0.00% | 6.49M | Mar 2015 | HYZD vs ESHY | |
| iShares Euro High Yield Corporate Bond USD Hedged ... | 0.00% | 71.08M | Apr 2012 | HYZD vs HYXU | |
| iShares iBonds 2025 Term High Yield & Income ETF | 0.78% | 364.90M | May 2019 | HYZD vs IBHE |
Lowest Drawdown Alternatives to HYZD
HYZD has a 1-year max drawdown of -1.91%. There are 20 ETFs in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.22%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds 2025 Term High Yield & Income ETF | -0.22% | 364.90M | May 2019 | HYZD vs IBHE | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | -0.54% | 1.03B | Aug 2018 | HYZD vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 437.71M | Jul 2021 | HYZD vs IBHG | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 849.28M | Sep 2019 | HYZD vs BSJR | |
| BondBloxx US High Yield Energy Sector ETF | -1.21% | 5.96M | Feb 2022 | HYZD vs XHYE |
Other ETFs from WisdomTree
The 10 most viewed WisdomTree ETFs shown here include USFR, DGRW, GDE and span 10 categories. AUM among these funds goes as high as $17B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | Government Bonds, Ultrashort Bond | 100 | 1.60% | 17.01B | Feb 2014 | HYZD vs USFR | |
| WisdomTree U.S. Quality Dividend Growth Fund | Dividend, Large Cap Growth Equities | 60 | 9.10% | 16.64B | May 2013 | HYZD vs DGRW | |
| WisdomTree Efficient Gold Plus Equity Strategy Fun... | Gold | 49 | 9.79% | 576.93M | Mar 2022 | HYZD vs GDE | |
| WisdomTree Japan Hedged Equity Fund | Japan Equities | 88 | 19.64% | 6.78B | Jun 2006 | HYZD vs DXJ | |
| WisdomTree U.S. Efficient Core Fund | Diversified Portfolio | 60 | 8.62% | 1.34B | Aug 2018 | HYZD vs NTSX | |
| WisdomTree US High Dividend Fund | Large Cap Value Equities, Dividend | 62 | 9.88% | 1.48B | Jun 2006 | HYZD vs DHS | |
| WisdomTree India Earnings Fund | Asia Pacific Equities | 3 | -10.02% | 2.13B | Feb 2008 | HYZD vs EPI | |
| WisdomTree U.S. Quality Growth Fund | Large Cap Growth Equities | 54 | 15.43% | 2.47B | Dec 2022 | HYZD vs QGRW | |
| WisdomTree Efficient Gold Plus Gold Miners Strateg... | Commodities, Gold | 34 | -4.13% | 197.59M | Dec 2021 | HYZD vs GDMN | |
| WisdomTree US Value ETF | Large Cap Value Equities | 60 | 10.52% | 2.83B | Feb 2007 | HYZD vs WTV |
Often Compared With HYZD
Investors most often compare HYZD with HYSZX, BKHY, SIHY. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare HYZD with Any Fund or Stock
Compare HYZD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HYZD with funds that move differently
WisdomTree Interest Rate Hedged High Yield Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HYZD.
Explore HYZD Diversifiers