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HYIN vs. BIZD
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

HYIN vs. BIZD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Alternative Income Fund (HYIN) and VanEck Vectors BDC Income ETF (BIZD). The values are adjusted to include any dividend payments, if applicable.

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HYIN vs. BIZD - Yearly Performance Comparison


2026 (YTD)20252024202320222021
HYIN
WisdomTree Alternative Income Fund
-6.93%-0.46%7.39%21.84%-21.14%3.08%
BIZD
VanEck Vectors BDC Income ETF
-11.26%-4.96%15.63%27.02%-8.51%9.06%

Returns By Period

In the year-to-date period, HYIN achieves a -6.93% return, which is significantly higher than BIZD's -11.26% return.


HYIN

1D
-0.62%
1M
-2.52%
YTD
-6.93%
6M
-8.78%
1Y
-9.23%
3Y*
5.53%
5Y*
10Y*

BIZD

1D
-1.69%
1M
-2.45%
YTD
-11.26%
6M
-9.63%
1Y
-17.22%
3Y*
5.73%
5Y*
5.22%
10Y*
7.53%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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HYIN vs. BIZD - Expense Ratio Comparison

HYIN has a 3.20% expense ratio, which is lower than BIZD's 10.92% expense ratio.


Return for Risk

HYIN vs. BIZD — Risk / Return Rank

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

HYIN
HYIN Risk / Return Rank: 33
Overall Rank
HYIN Sharpe Ratio Rank: 33
Sharpe Ratio Rank
HYIN Sortino Ratio Rank: 33
Sortino Ratio Rank
HYIN Omega Ratio Rank: 33
Omega Ratio Rank
HYIN Calmar Ratio Rank: 33
Calmar Ratio Rank
HYIN Martin Ratio Rank: 22
Martin Ratio Rank

BIZD
BIZD Risk / Return Rank: 11
Overall Rank
BIZD Sharpe Ratio Rank: 11
Sharpe Ratio Rank
BIZD Sortino Ratio Rank: 22
Sortino Ratio Rank
BIZD Omega Ratio Rank: 22
Omega Ratio Rank
BIZD Calmar Ratio Rank: 22
Calmar Ratio Rank
BIZD Martin Ratio Rank: 11
Martin Ratio Rank
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.

HYIN vs. BIZD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Alternative Income Fund (HYIN) and VanEck Vectors BDC Income ETF (BIZD). 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.


HYINBIZDDifference

Sharpe ratio

Return per unit of total volatility

-0.54

-0.81

+0.27

Sortino ratio

Return per unit of downside risk

-0.63

-1.05

+0.42

Omega ratio

Gain probability vs. loss probability

0.91

0.87

+0.04

Calmar ratio

Return relative to maximum drawdown

-0.59

-0.73

+0.15

Martin ratio

Return relative to average drawdown

-1.39

-1.49

+0.10

HYIN vs. BIZD - Sharpe Ratio Comparison

The current HYIN Sharpe Ratio is -0.54, which is higher than the BIZD Sharpe Ratio of -0.81. The chart below compares the historical Sharpe Ratios of HYIN and BIZD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


HYINBIZDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.54

-0.81

+0.27

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.31

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.35

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.02

0.30

-0.31

Correlation

The correlation between HYIN and BIZD is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

HYIN vs. BIZD - Dividend Comparison

HYIN's dividend yield for the trailing twelve months is around 13.70%, less than BIZD's 14.23% yield.


TTM20252024202320222021202020192018201720162015
HYIN
WisdomTree Alternative Income Fund
13.70%12.58%12.59%11.71%11.34%4.13%0.00%0.00%0.00%0.00%0.00%0.00%
BIZD
VanEck Vectors BDC Income ETF
14.23%11.78%10.94%10.96%11.21%8.14%10.39%9.13%10.88%9.13%8.51%9.12%

Drawdowns

HYIN vs. BIZD - Drawdown Comparison

The maximum HYIN drawdown since its inception was -31.10%, smaller than the maximum BIZD drawdown of -55.44%. Use the drawdown chart below to compare losses from any high point for HYIN and BIZD.


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Drawdown Indicators


HYINBIZDDifference

Max Drawdown

Largest peak-to-trough decline

-31.10%

-55.44%

+24.34%

Max Drawdown (1Y)

Largest decline over 1 year

-15.52%

-22.22%

+6.70%

Max Drawdown (5Y)

Largest decline over 5 years

-22.91%

Max Drawdown (10Y)

Largest decline over 10 years

-55.44%

Current Drawdown

Current decline from peak

-12.66%

-21.29%

+8.63%

Average Drawdown

Average peak-to-trough decline

-8.99%

-6.58%

-2.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.57%

10.98%

-4.41%

Volatility

HYIN vs. BIZD - Volatility Comparison

The current volatility for WisdomTree Alternative Income Fund (HYIN) is 6.05%, while VanEck Vectors BDC Income ETF (BIZD) has a volatility of 6.68%. This indicates that HYIN experiences smaller price fluctuations and is considered to be less risky than BIZD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


HYINBIZDDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.05%

6.68%

-0.63%

Volatility (6M)

Calculated over the trailing 6-month period

10.23%

14.30%

-4.07%

Volatility (1Y)

Calculated over the trailing 1-year period

17.16%

21.28%

-4.12%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.92%

17.17%

-0.25%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.92%

21.59%

-4.67%