HYKE vs. ABXB

Last updated Jul 14, 2026

HYKE (Vest 2 Year Interest Rate Hedge ETF) and ABXB (Abacus Flexible Bond Leaders ETF) are both Nontraditional Bonds funds. HYKE is actively managed, while ABXB is passively managed. HYKE charges 0.85%/yr vs 0.62%/yr for ABXB.

Performance

HYKE vs. ABXB - 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 Flexible Bond Leaders ETF (ABXB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HYKE

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

ABXB

• 1D: -0.42%
• 1M: -0.78%
• 6M: -0.50%
• YTD: -0.33%
• 1Y: 3.37%
• 3Y*: 5.74%
• 5Y*: 0.78%
• 10Y*: —

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

HYKE vs. ABXB - Yearly Performance Comparison

	2026 (YTD)
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%
ABXB Abacus Flexible Bond Leaders ETF	1.37%

Return for Risk

HYKE vs. ABXB — Risk / Return Rank

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

HYKE

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

ABXB

ABXB Risk / Return Rank: 28
ABXB Sharpe Ratio Rank: 31
ABXB Sortino Ratio Rank: 29
ABXB Omega Ratio Rank: 29
ABXB Calmar Ratio Rank: 25
ABXB Martin Ratio Rank: 28

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. ABXB - 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 Flexible Bond Leaders ETF (ABXB). 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.

	HYKE	ABXB	Difference
Sharpe ratio: Return per unit of total volatility	—	0.92	—
Sortino ratio: Return per unit of downside risk	—	1.30	—
Omega ratio: Gain probability vs. loss probability	—	1.17	—
Calmar ratio: Return relative to maximum drawdown	—	0.99	—
Martin ratio: Return relative to average drawdown	—	3.03	—

Drawdowns

HYKE vs. ABXB - Drawdown Comparison

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

Drawdown Indicators

	HYKE	ABXB	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 (3Y) Largest decline over 3 years	—	-3.68%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.87%	—
Current Drawdown Current decline from peak	0.00%	-2.11%	+2.11%
Average Drawdown Average peak-to-trough decline	0.00%	-5.65%	+5.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.11%	—

Volatility

Volatility by Period

	HYKE	ABXB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.44%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.10%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	3.67%	-3.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	5.63%	-5.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	5.43%	-5.43%

HYKE vs. ABXB - Expense Ratio Comparison

HYKE has a 0.85% expense ratio, which is higher than ABXB's 0.62% expense ratio.

Dividends

HYKE vs. ABXB - Dividend Comparison

HYKE has not paid dividends to shareholders, while ABXB's dividend yield for the trailing twelve months is around 5.12%.

Position	TTM	2025	2024	2023	2022	2021	2020
ABXB Abacus Flexible Bond Leaders ETF	5.12%	5.50%	15.35%	4.79%	3.18%	3.40%	0.37%
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, HYKE or ABXB?

On fees, ABXB is cheaper at 0.62% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYKE or ABXB?

ABXB is cheaper with a 0.62% expense ratio, compared with 0.85% for HYKE.

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

ABXB has the higher dividend yield at 5.12%, compared with 0.00% for HYKE.

What is the main difference between HYKE and ABXB?

They also come from different issuers: Cboe Vest and Abacus. Their fees differ too: 0.85% for HYKE and 0.62% for ABXB.