DUKZ vs. HYKE

Last updated Jun 23, 2026

DUKZ (Ocean Park Diversified Income ETF) and HYKE (Vest 2 Year Interest Rate Hedge ETF) are both Nontraditional Bonds funds. Both are actively managed. DUKZ charges 1.03%/yr vs 0.85%/yr for HYKE.

Performance

DUKZ vs. HYKE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ocean Park Diversified Income ETF (DUKZ) and Vest 2 Year Interest Rate Hedge ETF (HYKE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DUKZ

• 1D: -0.37%
• 1M: 1.27%
• YTD: 2.81%
• 6M: 2.86%
• 1Y: 7.99%
• 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)

DUKZ vs. HYKE - Yearly Performance Comparison

	2026 (YTD)
DUKZ Ocean Park Diversified Income ETF	4.39%
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%

Return for Risk

DUKZ vs. HYKE — Risk / Return Rank

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

DUKZ

DUKZ Risk / Return Rank: 52
DUKZ Sharpe Ratio Rank: 52
DUKZ Sortino Ratio Rank: 52
DUKZ Omega Ratio Rank: 55
DUKZ Calmar Ratio Rank: 49
DUKZ Martin Ratio Rank: 52

HYKE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

DUKZ vs. HYKE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ocean Park Diversified Income ETF (DUKZ) 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.

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.

	DUKZ	HYKE	Difference
Sharpe ratio: Return per unit of total volatility	1.74	—	—
Sortino ratio: Return per unit of downside risk	2.44	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	2.37	—	—
Martin ratio: Return relative to average drawdown	8.57	—	—

Drawdowns

DUKZ vs. HYKE - Drawdown Comparison

The maximum DUKZ drawdown since its inception was -4.70%, which is greater than HYKE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for DUKZ and HYKE.

Drawdown Indicators

	DUKZ	HYKE	Difference
Max Drawdown Largest peak-to-trough decline	-4.70%	0.00%	-4.70%
Max Drawdown (1Y) Largest decline over 1 year	-3.39%	—	—
Current Drawdown Current decline from peak	-0.37%	0.00%	-0.37%
Average Drawdown Average peak-to-trough decline	-1.13%	0.00%	-1.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.93%	—	—

Volatility

Volatility by Period

	DUKZ	HYKE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.06%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.00%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.62%	0.00%	+4.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.43%	0.00%	+4.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.43%	0.00%	+4.43%

DUKZ vs. HYKE - Expense Ratio Comparison

DUKZ has a 1.03% expense ratio, which is higher than HYKE's 0.85% expense ratio.

Dividends

DUKZ vs. HYKE - Dividend Comparison

DUKZ's dividend yield for the trailing twelve months is around 3.81%, while HYKE has not paid dividends to shareholders.

Position	TTM	2025	2024
DUKZ Ocean Park Diversified Income ETF	3.81%	4.05%	2.44%
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, DUKZ or HYKE?

On fees, HYKE is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DUKZ or HYKE?

HYKE is cheaper with a 0.85% expense ratio, compared with 1.03% for DUKZ.

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

DUKZ has the higher dividend yield at 3.81%, compared with 0.00% for HYKE.

What is the main difference between DUKZ and HYKE?

They also come from different issuers: Ocean Park and Cboe Vest. Their fees differ too: 1.03% for DUKZ and 0.85% for HYKE.