HYKE vs. ABHY

Last updated Apr 2, 2026

Compare and contrast key facts about Vest 2 Year Interest Rate Hedge ETF (HYKE) and Abacus Tactical High Yield ETF (ABHY).

HYKE and ABHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYKE is an actively managed fund by Cboe Vest. It was launched on Jan 10, 2024. ABHY is an actively managed fund by Abacus.

Performance

HYKE vs. ABHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vest 2 Year Interest Rate Hedge ETF (HYKE) and Abacus Tactical High Yield ETF (ABHY). The values are adjusted to include any dividend payments, if applicable.

HYKE vs. ABHY - Yearly Performance Comparison

	2026 (YTD)
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%
ABHY Abacus Tactical High Yield ETF	0.57%

Returns By Period

HYKE

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

ABHY

• 1D: 0.10%
• 1M: -2.10%
• YTD: -0.78%
• 6M: 0.51%
• 1Y: 6.73%
• 3Y*: 5.48%
• 5Y*: 1.10%
• 10Y*: —

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

HYKE vs. ABHY - Expense Ratio Comparison

HYKE has a 0.85% expense ratio, which is higher than ABHY's 0.63% expense ratio.

HYKE

Vest 2 Year Interest Rate Hedge ETF

ABHY

Abacus Tactical High Yield ETF

Return for Risk

HYKE vs. ABHY — Risk / Return Rank

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

ABHY

ABHY Risk / Return Rank: 80
ABHY Sharpe Ratio Rank: 84
ABHY Sortino Ratio Rank: 88
ABHY Omega Ratio Rank: 83
ABHY Calmar Ratio Rank: 70
ABHY Martin Ratio Rank: 77

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.

HYKE vs. ABHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vest 2 Year Interest Rate Hedge ETF (HYKE) and Abacus Tactical High Yield ETF (ABHY). 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.

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

Sharpe Ratios by Period

	HYKE	ABHY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.77	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.20	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.21	—

Dividends

HYKE vs. ABHY - Dividend Comparison

HYKE has not paid dividends to shareholders, while ABHY's dividend yield for the trailing twelve months is around 5.25%.

	TTM	2025	2024	2023	2022	2021	2020
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ABHY Abacus Tactical High Yield ETF	5.25%	5.50%	15.35%	4.79%	3.18%	3.40%	0.37%

Drawdowns

HYKE vs. ABHY - Drawdown Comparison

The maximum HYKE drawdown since its inception was 0.00%, smaller than the maximum ABHY drawdown of -16.96%. Use the drawdown chart below to compare losses from any high point for HYKE and ABHY.

Drawdown Indicators

	HYKE	ABHY	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-16.96%	+16.96%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.43%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.96%	—
Current Drawdown Current decline from peak	0.00%	-2.55%	+2.55%
Average Drawdown Average peak-to-trough decline	0.00%	-5.86%	+5.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.76%	—

Volatility

Volatility by Period

	HYKE	ABHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.06%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.64%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	3.83%	-3.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	5.58%	-5.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	5.50%	-5.50%