HYKE vs. KNRG

Last updated Aug 1, 2026

HYKE (Vest 2 Year Interest Rate Hedge ETF) and KNRG (Simplify Kayne Anderson Energy and Infrastructure Credit ETF) are both Nontraditional Bonds funds. Both are actively managed. HYKE charges 0.85%/yr vs 0.76%/yr for KNRG.

Performance

HYKE vs. KNRG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vest 2 Year Interest Rate Hedge ETF (HYKE) and Simplify Kayne Anderson Energy and Infrastructure Credit ETF (KNRG). 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*: —

KNRG

• 1D: 0.14%
• 1M: -0.21%
• 6M: 1.61%
• YTD: 2.75%
• 1Y: 6.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 8.73%

*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)
HYKE Vest 2 Year Interest Rate Hedge ETF	$0.00	$0.00	$0.00
KNRG Simplify Kayne Anderson Energy and Infrastructure Credit ETF	$414.19K	$546.37K	$468.99K

HYKE vs. KNRG - Yearly Performance Comparison

	2026 (YTD)
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%
KNRG Simplify Kayne Anderson Energy and Infrastructure Credit ETF	3.63%

Return for Risk

HYKE vs. KNRG — 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.

KNRG

KNRG Risk / Return Rank: 88
KNRG Sharpe Ratio Rank: 91
KNRG Sortino Ratio Rank: 93
KNRG Omega Ratio Rank: 93
KNRG Calmar Ratio Rank: 74
KNRG Martin Ratio Rank: 87

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. KNRG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vest 2 Year Interest Rate Hedge ETF (HYKE) and Simplify Kayne Anderson Energy and Infrastructure Credit ETF (KNRG). 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	KNRG	Difference
Sharpe ratio: Return per unit of total volatility	—	2.35	—
Sortino ratio: Return per unit of downside risk	—	3.60	—
Omega ratio: Gain probability vs. loss probability	—	1.47	—
Calmar ratio: Return relative to maximum drawdown	—	2.64	—
Martin ratio: Return relative to average drawdown	—	12.61	—

Drawdowns

HYKE vs. KNRG - Drawdown Comparison

The maximum HYKE drawdown since its inception was 0.00%, smaller than the maximum KNRG drawdown of -2.71%. Use the drawdown chart below to compare losses from any high point for HYKE and KNRG.

Drawdown Indicators

	HYKE	KNRG	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-2.71%	+2.71%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.71%	—
Current Drawdown Current decline from peak	0.00%	-0.41%	+0.41%
Average Drawdown Average peak-to-trough decline	0.00%	-0.31%	+0.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.57%	—

Volatility

Volatility by Period

	HYKE	KNRG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.73%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.20%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	3.05%	-3.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	3.38%	-3.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	3.38%	-3.38%

HYKE vs. KNRG - Expense Ratio Comparison

HYKE has a 0.85% expense ratio, which is higher than KNRG's 0.76% expense ratio.

Dividends

HYKE vs. KNRG - Dividend Comparison

HYKE has not paid dividends to shareholders, while KNRG's dividend yield for the trailing twelve months is around 6.92%.

Position	TTM	2025
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%	0.00%
KNRG Simplify Kayne Anderson Energy and Infrastructure Credit ETF	6.92%	4.22%

Frequently Asked Questions

Which ETF is better, HYKE or KNRG?

On fees, KNRG is cheaper at 0.76% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYKE or KNRG?

KNRG is cheaper with a 0.76% expense ratio, compared with 0.85% for HYKE.

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

KNRG has the higher dividend yield at 6.92%, compared with 0.00% for HYKE.

What is the main difference between HYKE and KNRG?

They also come from different issuers: CBOE Vest and Simplify. Their fees differ too: 0.85% for HYKE and 0.76% for KNRG.