HYKE vs. ILS

Last updated Jun 3, 2026

HYKE (Vest 2 Year Interest Rate Hedge ETF) and ILS (Brookmont Catastrophic Bond ETF) are both Nontraditional Bonds funds. Both are actively managed. HYKE charges 0.85%/yr vs 1.58%/yr for ILS.

Performance

HYKE vs. ILS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vest 2 Year Interest Rate Hedge ETF (HYKE) and Brookmont Catastrophic Bond ETF (ILS). 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*: —

ILS

• 1D: 0.05%
• 1M: 0.30%
• YTD: 1.76%
• 6M: 2.03%
• 1Y: 7.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HYKE vs. ILS - Yearly Performance Comparison

	2026 (YTD)
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%
ILS Brookmont Catastrophic Bond ETF	0.81%

Return for Risk

HYKE vs. ILS — Risk / Return Rank

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

ILS

ILS Risk / Return Rank: 92
ILS Sharpe Ratio Rank: 84
ILS Sortino Ratio Rank: 92
ILS Omega Ratio Rank: 92
ILS Calmar Ratio Rank: 97
ILS Martin Ratio Rank: 96

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. ILS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vest 2 Year Interest Rate Hedge ETF (HYKE) and Brookmont Catastrophic Bond ETF (ILS). 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	ILS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.89	—

Drawdowns

HYKE vs. ILS - Drawdown Comparison

The maximum HYKE drawdown since its inception was 0.00%, smaller than the maximum ILS drawdown of -1.56%. Use the drawdown chart below to compare losses from any high point for HYKE and ILS.

Drawdown Indicators

	HYKE	ILS	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-1.56%	+1.56%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.55%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	-0.26%	+0.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.17%	—

Volatility

Volatility by Period

	HYKE	ILS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.88%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.69%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	3.19%	-3.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	3.39%	-3.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	3.39%	-3.39%

HYKE vs. ILS - Expense Ratio Comparison

HYKE has a 0.85% expense ratio, which is lower than ILS's 1.58% expense ratio.

Dividends

HYKE vs. ILS - Dividend Comparison

HYKE has not paid dividends to shareholders, while ILS's dividend yield for the trailing twelve months is around 8.09%.

Position	TTM	2025
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%	0.00%
ILS Brookmont Catastrophic Bond ETF	8.09%	6.06%

Frequently Asked Questions

Which ETF is better, HYKE or ILS?

On fees, HYKE is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYKE or ILS?

HYKE is cheaper with a 0.85% expense ratio, compared with 1.58% for ILS.

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

ILS has the higher dividend yield at 8.09%, compared with 0.00% for HYKE.

What is the main difference between HYKE and ILS?

They also come from different issuers: Cboe Vest and Brookmont. Their fees differ too: 0.85% for HYKE and 1.58% for ILS.