HYIN vs. FSCO
HYIN (WisdomTree Alternative Income Fund) is Diversified Portfolio fund tracking the Gapstow Liquid Alternative Credit Index, while FSCO (FS Credit Opportunities Corp.) is a stock. Over the past 3 years, HYIN returned 4.61%/yr vs 15.11%/yr for FSCO. At a 0.31 correlation, their price movements are largely independent.
Performance
HYIN vs. FSCO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HYIN achieves a -6.43% return, which is significantly higher than FSCO's -18.38% return.
HYIN
- 1D
- -1.40%
- 1M
- -4.77%
- YTD
- -6.43%
- 6M
- -7.89%
- 1Y
- -4.98%
- 3Y*
- 4.61%
- 5Y*
- -0.74%
- 10Y*
- —
FSCO
- 1D
- -1.22%
- 1M
- -5.26%
- YTD
- -18.38%
- 6M
- -13.63%
- 1Y
- -23.27%
- 3Y*
- 15.11%
- 5Y*
- —
- 10Y*
- —
HYIN vs. FSCO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HYIN WisdomTree Alternative Income Fund | -6.43% | -0.46% | 7.39% | 21.84% | -5.34% |
FSCO FS Credit Opportunities Corp. | -18.38% | 3.68% | 34.88% | 36.98% | 7.16% |
Correlation
The correlation between HYIN and FSCO is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Nov 15, 2022 | 0.31 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HYIN vs. FSCO — Risk / Return Rank
HYIN
FSCO
HYIN vs. FSCO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Alternative Income Fund (HYIN) and FS Credit Opportunities Corp. (FSCO). 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.
| HYIN | FSCO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.47 | ||
| Sortino ratioReturn per unit of downside risk | +0.61 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.85 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.32 | -0.66 | +0.34 |
| Martin ratioReturn relative to average drawdown | -0.69 | -1.38 | +0.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| HYIN | FSCO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.39 | -0.86 | +0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.04 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.01 | 0.57 | -0.58 |
Drawdowns
HYIN vs. FSCO - Drawdown Comparison
The maximum HYIN drawdown since its inception was -31.10%, smaller than the maximum FSCO drawdown of -35.53%. Use the drawdown chart below to compare losses from any high point for HYIN and FSCO.
Loading charts...
Drawdown Indicators
| HYIN | FSCO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.10% | -35.53% | +4.43% |
Max Drawdown (1Y)Largest decline over 1 year | -15.52% | -35.53% | +20.01% |
Max Drawdown (3Y)Largest decline over 3 years | -15.85% | -35.53% | +19.68% |
Max Drawdown (5Y)Largest decline over 5 years | -31.10% | — | — |
Current DrawdownCurrent decline from peak | -12.18% | -28.73% | +16.55% |
Average DrawdownAverage peak-to-trough decline | -9.02% | -7.83% | -1.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.24% | 16.89% | -9.65% |
Volatility
HYIN vs. FSCO - Volatility Comparison
The current volatility for WisdomTree Alternative Income Fund (HYIN) is 3.10%, while FS Credit Opportunities Corp. (FSCO) has a volatility of 5.19%. This indicates that HYIN experiences smaller price fluctuations and is considered to be less risky than FSCO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HYIN | FSCO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.10% | 5.19% | -2.09% |
Volatility (6M)Calculated over the trailing 6-month period | 10.16% | 22.58% | -12.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.76% | 27.07% | -14.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.80% | 27.71% | -10.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.80% | 27.71% | -10.91% |
Dividends
HYIN vs. FSCO - Dividend Comparison
HYIN's dividend yield for the trailing twelve months is around 13.44%, less than FSCO's 16.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
FSCO FS Credit Opportunities Corp. | 16.15% | 12.65% | 10.47% | 11.26% | 1.95% | 0.00% |
HYIN WisdomTree Alternative Income Fund | 13.44% | 12.58% | 12.59% | 11.71% | 11.34% | 4.13% |
Frequently Asked Questions
HYIN and FSCO have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSCO has higher volatility (5.19%) compared to HYIN (3.10%). In terms of maximum drawdown, HYIN dropped -31.10% vs FSCO's -35.53%.
HYIN currently has the higher Sharpe Ratio (-0.39 vs -0.86), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for HYIN and FSCO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer