HYKE vs. DABS

Last updated Aug 1, 2026

HYKE (Vest 2 Year Interest Rate Hedge ETF) and DABS (DoubleLine Asset-Backed Securities ETF) are both Nontraditional Bonds funds. Both are actively managed. HYKE charges 0.85%/yr vs 0.40%/yr for DABS.

Performance

HYKE vs. DABS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vest 2 Year Interest Rate Hedge ETF (HYKE) and DoubleLine Asset-Backed Securities ETF (DABS). 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*: —
• ALL TIME*: —

DABS

• 1D: -0.02%
• 1M: -0.03%
• 6M: 1.02%
• YTD: 1.47%
• 1Y: 3.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.05%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DABS DoubleLine Asset-Backed Securities ETF	$522.80K	$526.27K	$1.00M
HYKE Vest 2 Year Interest Rate Hedge ETF	$0.00	$0.00	$0.00

HYKE vs. DABS - Yearly Performance Comparison

	2026 (YTD)
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%
DABS DoubleLine Asset-Backed Securities ETF	1.04%

Return for Risk

HYKE vs. DABS — Risk / Return Rank

Compare historical risk-adjusted metric ranks 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.

DABS

DABS Risk / Return Rank: 85
DABS Sharpe Ratio Rank: 81
DABS Sortino Ratio Rank: 86
DABS Omega Ratio Rank: 86
DABS Calmar Ratio Rank: 87
DABS Martin Ratio Rank: 85

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

HYKE vs. DABS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vest 2 Year Interest Rate Hedge ETF (HYKE) and DoubleLine Asset-Backed Securities ETF (DABS). 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	DABS	Difference
Sharpe ratio: Return per unit of total volatility	—	1.89	—
Sortino ratio: Return per unit of downside risk	—	2.91	—
Omega ratio: Gain probability vs. loss probability	—	1.38	—
Calmar ratio: Return relative to maximum drawdown	—	3.53	—
Martin ratio: Return relative to average drawdown	—	12.07	—

Drawdowns

HYKE vs. DABS - Drawdown Comparison

The maximum HYKE drawdown since its inception was 0.00%, smaller than the maximum DABS drawdown of -1.47%. Use the drawdown chart below to compare losses from any high point for HYKE and DABS.

Drawdown Indicators

	HYKE	DABS	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-1.47%	+1.47%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.29%	—
Current Drawdown Current decline from peak	0.00%	-0.24%	+0.24%
Average Drawdown Average peak-to-trough decline	0.00%	-0.29%	+0.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.38%	—

Volatility

Volatility by Period

	HYKE	DABS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.53%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.69%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	2.41%	-2.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	2.51%	-2.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	2.51%	-2.51%

HYKE vs. DABS - Expense Ratio Comparison

HYKE has a 0.85% expense ratio, which is higher than DABS's 0.40% expense ratio.

Dividends

HYKE vs. DABS - Dividend Comparison

HYKE has not paid dividends to shareholders, while DABS's dividend yield for the trailing twelve months is around 4.87%.

Position	TTM	2025
DABS DoubleLine Asset-Backed Securities ETF	4.45%	3.81%
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, HYKE or DABS?

On fees, DABS is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYKE or DABS?

DABS is cheaper with a 0.40% expense ratio, compared with 0.85% for HYKE.

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

DABS has the higher dividend yield at 4.45%, compared with 0.00% for HYKE.

What is the main difference between HYKE and DABS?

They also come from different issuers: CBOE Vest and DoubleLine. Their fees differ too: 0.85% for HYKE and 0.40% for DABS.