- CUSIP
- 97717X172
- Issuer
- WisdomTree
- Inception Date
- Apr 27, 2016
- Category
- High Yield Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- WisdomTree U.S. High Yield Corporate Bond Index
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $238M
Share Price Chart
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Performance
QHY Performance Chart
WisdomTree U.S. Short-Term Corporate Bond Fund (QHY) is up 1.5% since the beginning of the year. QHY is currently trading at $46 per share. Investors who bought $1,000 worth of QHY shares 5 years ago would now be looking at an investment worth $1,171.
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Returns By Period
WisdomTree U.S. Short-Term Corporate Bond Fund (QHY) has returned 1.46% so far this year and 7.29% over the past 12 months. Over the last ten years, QHY has returned 4.96% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.
WisdomTree U.S. Short-Term Corporate Bond Fund
- 1D
- -0.09%
- 1M
- 0.55%
- YTD
- 1.46%
- 6M
- 1.70%
- 1Y
- 7.29%
- 3Y*
- 8.10%
- 5Y*
- 3.21%
- 10Y*
- 4.96%
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
QHY Monthly Returns History
Based on dividend-adjusted daily data since Apr 27, 2016, QHY's average daily return is +0.02%, while the average monthly return is +0.43%. At this rate, an investment would double in approximately 13.5 years.
Historically, 65% of months were positive and 35% were negative. The best month was Jul 2022 with a return of +6.7%, while the worst month was Mar 2020 at -11.5%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.
On a daily basis, QHY closed higher 48% of trading days. The best single day was Mar 26, 2020 with a return of +4.3%, while the worst single day was Mar 16, 2020 at -7.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.62% | 0.14% | -1.18% | 1.50% | 0.26% | 0.12% | 1.46% | ||||||
| 2025 | 1.45% | 1.11% | -1.04% | -0.04% | 1.97% | 1.91% | 0.11% | 1.37% | 1.05% | 0.08% | 0.94% | 0.35% | 9.61% |
| 2024 | -0.09% | -0.13% | 1.53% | -1.76% | 1.23% | 0.56% | 2.18% | 1.70% | 1.24% | -1.15% | 1.66% | -1.12% | 5.92% |
| 2023 | 3.94% | -2.47% | 1.88% | -0.11% | -1.64% | 2.03% | 1.37% | -0.01% | -1.90% | -1.55% | 4.97% | 3.51% | 10.12% |
| 2022 | -2.74% | -1.22% | -1.07% | -4.57% | 1.85% | -7.10% | 6.70% | -4.07% | -3.94% | 3.95% | 2.75% | -2.13% | -11.81% |
| 2021 | -0.51% | -0.06% | 0.69% | 0.94% | 0.11% | 1.47% | 0.25% | 0.73% | -0.27% | -0.25% | -1.44% | 2.45% | 4.12% |
Benchmark Metrics
WisdomTree U.S. Short-Term Corporate Bond Fund has an annualized alpha of 0.62%, beta of 0.32, and R2 of 0.50 versus S&P 500 Index. Calculated based on daily prices since April 28, 2016.
- This ETF participated in 43.04% of S&P 500 Index downside but only 33.29% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.32 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 0.62%
- Beta
- 0.32
- R²
- 0.50
- Upside Capture
- 33.29%
- Downside Capture
- 43.04%
Expense Ratio
QHY has an expense ratio of 0.38%, placing it in the medium range.
Return for Risk
Risk / Return Rank
QHY ranks 63 for risk / return — better than 63% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for WisdomTree U.S. Short-Term Corporate Bond Fund (QHY) and compare them to S&P 500 Index.
| QHY | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.41 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.65 | 2.93 | -0.28 |
| Martin ratioReturn relative to average drawdown | 12.02 | 13.52 | -1.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
WisdomTree U.S. Short-Term Corporate Bond Fund provided a 6.26% dividend yield over the last twelve months, with an annual payout of $2.87 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.87 | $2.91 | $2.89 | $2.77 | $2.39 | $2.15 | $2.52 | $2.71 | $2.82 | $3.26 | $2.23 |
Dividend yield | 6.26% | 6.26% | 6.40% | 6.11% | 5.44% | 4.09% | 4.80% | 5.21% | 5.93% | 6.47% | 4.39% |
Monthly Dividends
The table displays the monthly dividend distributions for WisdomTree U.S. Short-Term Corporate Bond 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.23 | $0.21 | $0.27 | $0.23 | $0.25 | $0.00 | $1.18 | ||||||
| 2025 | $0.24 | $0.22 | $0.27 | $0.25 | $0.25 | $0.24 | $0.25 | $0.24 | $0.23 | $0.24 | $0.25 | $0.26 | $2.91 |
| 2024 | $0.23 | $0.23 | $0.24 | $0.24 | $0.24 | $0.24 | $0.24 | $0.24 | $0.24 | $0.24 | $0.24 | $0.28 | $2.89 |
| 2023 | $0.21 | $0.21 | $0.21 | $0.23 | $0.23 | $0.23 | $0.24 | $0.24 | $0.24 | $0.24 | $0.24 | $0.27 | $2.77 |
| 2022 | $0.18 | $0.18 | $0.18 | $0.19 | $0.19 | $0.20 | $0.21 | $0.21 | $0.22 | $0.22 | $0.22 | $0.22 | $2.39 |
| 2021 | $0.19 | $0.19 | $0.18 | $0.19 | $0.18 | $0.18 | $0.16 | $0.17 | $0.18 | $0.18 | $0.18 | $0.18 | $2.15 |
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 U.S. Short-Term Corporate Bond 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 U.S. Short-Term Corporate Bond Fund was 22.74%, occurring on Mar 23, 2020. Recovery took 95 trading sessions.
The current WisdomTree U.S. Short-Term Corporate Bond Fund drawdown is 0.09%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -22.74%Mar 2020 | 1mo 9d | 4mo 16d | 5mo 25dFeb 2020 - Aug 2020 |
Bear market2022 | -16.21%Sep 2022 | 9mo 3d | 1y 9mo | 2y 6moDec 2021 - Jul 2024 |
Rate-hike selloffLate 2018 | -6.33%Dec 2018 | 2mo 23d | 1mo 8d | 4mo 1dOct 2018 - Jan 2019 |
2025 selloff2025 | -4.58%Apr 2025 | 1mo 6d | 1mo 4d | 2mo 10dMar 2025 - May 2025 |
2018 pullback2018 | -3.56%Feb 2018 | 4mo 14d | 5mo 29d | 10mo 13dSep 2017 - Aug 2018 |
Drawdown Indicators
| QHY | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.74% | -56.78% | +34.04% |
Max Drawdown (1Y)Largest decline over 1 year | -2.77% | -9.10% | +6.33% |
Max Drawdown (3Y)Largest decline over 3 years | -4.58% | -18.90% | +14.32% |
Max Drawdown (5Y)Largest decline over 5 years | -16.21% | -25.43% | +9.22% |
Max Drawdown (10Y)Largest decline over 10 years | -22.74% | -33.92% | +11.18% |
Current DrawdownCurrent decline from peak | -0.09% | -0.74% | +0.65% |
Average DrawdownAverage peak-to-trough decline | -2.75% | -10.72% | +7.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.61% | 1.97% | -1.36% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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