HYKE vs. ILS

Last updated Apr 2, 2026

Compare and contrast key facts about Vest 2 Year Interest Rate Hedge ETF (HYKE) and Brookmont Catastrophic Bond ETF (ILS).

HYKE and ILS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYKE is an actively managed fund by Cboe Vest. It was launched on Jan 10, 2024. ILS is an actively managed fund by Brookmont. It was launched on Mar 31, 2025.

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.

HYKE vs. ILS - Yearly Performance Comparison

	2026 (YTD)
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%
ILS Brookmont Catastrophic Bond ETF	0.15%

Returns By Period

HYKE

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

ILS

• 1D: 0.05%
• 1M: 0.38%
• YTD: 1.09%
• 6M: 2.49%
• 1Y: 6.76%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HYKE vs. ILS - Expense Ratio Comparison

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

ILS

Brookmont Catastrophic Bond ETF

HYKE

Vest 2 Year Interest Rate Hedge ETF

Return for Risk

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 (All Time) Calculated using the full available price history	—	1.93	—

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 8.15%.

	TTM	2025
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%	0.00%
ILS Brookmont Catastrophic Bond ETF	8.15%	6.06%

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	—	-1.56%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	-0.28%	+0.28%

Volatility

Volatility by Period

	HYKE	ILS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	3.52%	-3.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	3.52%	-3.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	3.52%	-3.52%