HYKE vs. FTBD
HYKE (Vest 2 Year Interest Rate Hedge ETF) and FTBD (Fidelity Tactical Bond ETF) are both Nontraditional Bonds funds. Both are actively managed. HYKE charges 0.85%/yr vs 0.55%/yr for FTBD.
Performance
HYKE vs. FTBD - Performance Comparison
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Returns By Period
HYKE
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FTBD
- 1D
- 0.05%
- 1M
- 0.21%
- YTD
- 1.17%
- 6M
- 1.16%
- 1Y
- 6.66%
- 3Y*
- 5.14%
- 5Y*
- —
- 10Y*
- —
HYKE vs. FTBD - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
HYKE Vest 2 Year Interest Rate Hedge ETF | 0.00% |
FTBD Fidelity Tactical Bond ETF | 1.33% |
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Return for Risk
HYKE vs. FTBD — Risk / Return Rank
HYKE
FTBD
HYKE vs. FTBD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vest 2 Year Interest Rate Hedge ETF (HYKE) and Fidelity Tactical Bond ETF (FTBD). 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.
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Sharpe Ratios by Period
| HYKE | FTBD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | — | 0.76 | — |
Drawdowns
HYKE vs. FTBD - Drawdown Comparison
The maximum HYKE drawdown since its inception was 0.00%, smaller than the maximum FTBD drawdown of -6.98%. Use the drawdown chart below to compare losses from any high point for HYKE and FTBD.
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Drawdown Indicators
| HYKE | FTBD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | 0.00% | -6.98% | +6.98% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.98% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -6.56% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.98% | +0.98% |
Average DrawdownAverage peak-to-trough decline | 0.00% | -1.57% | +1.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.86% | — |
Volatility
HYKE vs. FTBD - Volatility Comparison
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Volatility by Period
| HYKE | FTBD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.52% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.18% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 0.00% | 4.32% | -4.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.00% | 5.87% | -5.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.00% | 5.87% | -5.87% |
HYKE vs. FTBD - Expense Ratio Comparison
HYKE has a 0.85% expense ratio, which is higher than FTBD's 0.55% expense ratio.
Dividends
HYKE vs. FTBD - Dividend Comparison
HYKE has not paid dividends to shareholders, while FTBD's dividend yield for the trailing twelve months is around 5.03%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
FTBD Fidelity Tactical Bond ETF | 5.03% | 5.04% | 4.76% | 4.69% |
HYKE Vest 2 Year Interest Rate Hedge ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
On fees, FTBD is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FTBD is cheaper with a 0.55% expense ratio, compared with 0.85% for HYKE.
FTBD has the higher dividend yield at 5.03%, compared with 0.00% for HYKE.
They also come from different issuers: Cboe Vest and Fidelity. Their fees differ too: 0.85% for HYKE and 0.55% for FTBD.
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