HYKE vs. GOLY

Last updated Jun 5, 2026

HYKE (Vest 2 Year Interest Rate Hedge ETF) and GOLY (Strategy Shares Gold-Hedged Bond ETF) are both Nontraditional Bonds funds. HYKE is actively managed, while GOLY is passively managed. HYKE charges 0.85%/yr vs 0.79%/yr for GOLY.

Performance

HYKE vs. GOLY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vest 2 Year Interest Rate Hedge ETF (HYKE) and Strategy Shares Gold-Hedged Bond ETF (GOLY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HYKE

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

GOLY

• 1D: 1.19%
• 1M: -1.96%
• YTD: -18.09%
• 6M: -15.05%
• 1Y: 3.79%
• 3Y*: 17.72%
• 5Y*: 6.28%
• 10Y*: —

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

HYKE vs. GOLY - Yearly Performance Comparison

	2026 (YTD)
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%
GOLY Strategy Shares Gold-Hedged Bond ETF	-2.62%

Return for Risk

HYKE vs. GOLY — Risk / Return Rank

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

GOLY

GOLY Risk / Return Rank: 11
GOLY Sharpe Ratio Rank: 11
GOLY Sortino Ratio Rank: 11
GOLY Omega Ratio Rank: 12
GOLY Calmar Ratio Rank: 11
GOLY Martin Ratio Rank: 10

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. GOLY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vest 2 Year Interest Rate Hedge ETF (HYKE) and Strategy Shares Gold-Hedged Bond ETF (GOLY). 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	GOLY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.12	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.30	—

Drawdowns

HYKE vs. GOLY - Drawdown Comparison

The maximum HYKE drawdown since its inception was 0.00%, smaller than the maximum GOLY drawdown of -35.99%. Use the drawdown chart below to compare losses from any high point for HYKE and GOLY.

Drawdown Indicators

	HYKE	GOLY	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-35.99%	+35.99%
Max Drawdown (1Y) Largest decline over 1 year	—	-30.16%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-30.16%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.99%	—
Current Drawdown Current decline from peak	0.00%	-29.33%	+29.33%
Average Drawdown Average peak-to-trough decline	0.00%	-11.87%	+11.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	13.12%	—

Volatility

Volatility by Period

	HYKE	GOLY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.55%	—
Volatility (6M) Calculated over the trailing 6-month period	—	29.54%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	32.90%	-32.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	22.30%	-22.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	22.21%	-22.21%

HYKE vs. GOLY - Expense Ratio Comparison

HYKE has a 0.85% expense ratio, which is higher than GOLY's 0.79% expense ratio.

Dividends

HYKE vs. GOLY - Dividend Comparison

HYKE has not paid dividends to shareholders, while GOLY's dividend yield for the trailing twelve months is around 9.62%.

Position	TTM	2025	2024	2023	2022	2021
GOLY Strategy Shares Gold-Hedged Bond ETF	9.62%	7.22%	3.85%	2.94%	2.57%	1.11%
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, HYKE or GOLY?

On fees, GOLY is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYKE or GOLY?

GOLY is cheaper with a 0.79% expense ratio, compared with 0.85% for HYKE.

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

GOLY has the higher dividend yield at 9.62%, compared with 0.00% for HYKE.

What is the main difference between HYKE and GOLY?

They also come from different issuers: Cboe Vest and Strategy Shares. Their fees differ too: 0.85% for HYKE and 0.79% for GOLY.