DABS vs. HYKE

Last updated Jun 5, 2026

DABS (DoubleLine Asset-Backed Securities ETF) and HYKE (Vest 2 Year Interest Rate Hedge ETF) are both Nontraditional Bonds funds. Both are actively managed. DABS charges 0.40%/yr vs 0.85%/yr for HYKE.

Performance

DABS vs. HYKE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DoubleLine Asset-Backed Securities ETF (DABS) and Vest 2 Year Interest Rate Hedge ETF (HYKE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DABS

• 1D: 0.24%
• 1M: 0.44%
• YTD: 1.12%
• 6M: 1.52%
• 1Y: 5.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HYKE

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DABS vs. HYKE - Yearly Performance Comparison

	2026 (YTD)
DABS DoubleLine Asset-Backed Securities ETF	0.59%
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%

Return for Risk

DABS vs. HYKE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DABS

DABS Risk / Return Rank: 78
DABS Sharpe Ratio Rank: 70
DABS Sortino Ratio Rank: 79
DABS Omega Ratio Rank: 79
DABS Calmar Ratio Rank: 83
DABS Martin Ratio Rank: 78

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DABS vs. HYKE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DoubleLine Asset-Backed Securities ETF (DABS) and Vest 2 Year Interest Rate Hedge ETF (HYKE). 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.

	DABS	HYKE	Difference
Sharpe ratio: Return per unit of total volatility	2.26	—	—
Sortino ratio: Return per unit of downside risk	3.47	—	—
Omega ratio: Gain probability vs. loss probability	1.46	—	—
Calmar ratio: Return relative to maximum drawdown	4.34	—	—
Martin ratio: Return relative to average drawdown	14.96	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DABS	HYKE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.26	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.12	—	—

Drawdowns

DABS vs. HYKE - Drawdown Comparison

The maximum DABS drawdown since its inception was -1.47%, which is greater than HYKE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for DABS and HYKE.

Drawdown Indicators

	DABS	HYKE	Difference
Max Drawdown Largest peak-to-trough decline	-1.47%	0.00%	-1.47%
Max Drawdown (1Y) Largest decline over 1 year	-1.29%	—	—
Current Drawdown Current decline from peak	-0.25%	0.00%	-0.25%
Average Drawdown Average peak-to-trough decline	-0.31%	0.00%	-0.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.37%	—	—

Volatility

Volatility by Period

	DABS	HYKE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.61%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.50%	0.00%	+2.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.56%	0.00%	+2.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.56%	0.00%	+2.56%

DABS vs. HYKE - Expense Ratio Comparison

DABS has a 0.40% expense ratio, which is lower than HYKE's 0.85% expense ratio.

Dividends

DABS vs. HYKE - Dividend Comparison

DABS's dividend yield for the trailing twelve months is around 4.88%, while HYKE has not paid dividends to shareholders.

Position	TTM	2025
DABS DoubleLine Asset-Backed Securities ETF	4.88%	3.81%
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, DABS or HYKE?

On fees, DABS is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DABS or HYKE?

DABS is cheaper with a 0.40% expense ratio, compared with 0.85% for HYKE.

Which ETF pays a higher dividend yield, DABS or HYKE?

DABS has the higher dividend yield at 4.88%, compared with 0.00% for HYKE.

What is the main difference between DABS and HYKE?

They also come from different issuers: DoubleLine and Cboe Vest. Their fees differ too: 0.40% for DABS and 0.85% for HYKE.