CPHY vs. ZTEN
CPHY (F/m Compoundr High Yield Bond ETF) and ZTEN (F/M 10-Year Investment Grade Corporate Bond ETF) are both exchange-traded funds - CPHY is a High Yield Bonds fund tracking the Nasdaq Compoundr U.S. High Yield Bond Index, while ZTEN is a Long-Term Bond fund tracking the ICE 10-Year US Target Maturity Corporate Index - Benchmark TR Gross. Both are passively managed. Their 0.67 correlation means they have sometimes moved together and sometimes differently. CPHY charges 0.35%/yr vs 0.15%/yr for ZTEN.
Performance
CPHY vs. ZTEN - Performance Comparison
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Returns By Period
In the year-to-date period, CPHY achieves a 0.43% return, which is significantly higher than ZTEN's -0.89% return.
CPHY
- 1D
- -0.01%
- 1M
- -0.38%
- 6M
- -0.17%
- YTD
- 0.43%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
ZTEN
- 1D
- -0.27%
- 1M
- -1.69%
- 6M
- -1.01%
- YTD
- -0.89%
- 1Y
- 2.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 5.19%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $47.80K | $33.82K | $41.16K | |
| $44.87K | $43.88K | $108.71K |
CPHY vs. ZTEN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CPHY F/m Compoundr High Yield Bond ETF | 0.43% | 2.43% |
ZTEN F/M 10-Year Investment Grade Corporate Bond ETF | -0.89% | 3.43% |
Correlation
The correlation between CPHY and ZTEN is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 12, 2025 | 0.67 |
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Return for Risk
CPHY vs. ZTEN — Risk / Return Rank
CPHY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ZTEN
CPHY vs. ZTEN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for F/m Compoundr High Yield Bond ETF (CPHY) and F/M 10-Year Investment Grade Corporate Bond ETF (ZTEN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CPHY | ZTEN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.11 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.98 | — |
| Martin ratioReturn relative to average drawdown | — | 2.72 | — |
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Drawdowns
CPHY vs. ZTEN - Drawdown Comparison
The maximum CPHY drawdown since its inception was -2.51%, smaller than the maximum ZTEN drawdown of -3.43%. Use the drawdown chart below to compare losses from any high point for CPHY and ZTEN.
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Drawdown Indicators
| CPHY | ZTEN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.51% | -3.43% | +0.92% |
Max Drawdown (1Y)Largest decline over 1 year | — | -3.32% | — |
Current DrawdownCurrent decline from peak | -0.56% | -2.50% | +1.94% |
Average DrawdownAverage peak-to-trough decline | -0.54% | -0.86% | +0.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.19% | — |
Volatility
CPHY vs. ZTEN - Volatility Comparison
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Volatility by Period
| CPHY | ZTEN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.35% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 4.01% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.45% | 4.96% | -1.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.45% | 5.72% | -2.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.45% | 5.72% | -2.27% |
CPHY vs. ZTEN - Expense Ratio Comparison
CPHY has a 0.35% expense ratio, which is higher than ZTEN's 0.15% expense ratio.
Dividends
CPHY vs. ZTEN - Dividend Comparison
CPHY has not paid dividends to shareholders, while ZTEN's dividend yield for the trailing twelve months is around 5.58%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
CPHY F/m Compoundr High Yield Bond ETF | 0.00% | 0.00% | 0.00% |
ZTEN F/M 10-Year Investment Grade Corporate Bond ETF | 5.13% | 5.16% | 0.44% |
Frequently Asked Questions
CPHY and ZTEN have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ZTEN is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZTEN is cheaper with a 0.15% expense ratio, compared with 0.35% for CPHY.
ZTEN has the higher dividend yield at 5.13%, compared with 0.00% for CPHY.
CPHY is categorized as High Yield Bonds, while ZTEN is Long-Term Bond. CPHY tracks Nasdaq Compoundr U.S. High Yield Bond Index, while ZTEN tracks ICE 10-Year US Target Maturity Corporate Index - Benchmark TR Gross. Their fees differ too: 0.35% for CPHY and 0.15% for ZTEN.
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