HYKE vs. RYSE

Last updated Jun 24, 2026

HYKE (Vest 2 Year Interest Rate Hedge ETF) and RYSE (Cboe Vest 10 Year Interest Rate Hedge ETF) are both Nontraditional Bonds funds. Both are actively managed. Both charge a 0.85% expense ratio.

Performance

HYKE vs. RYSE - Performance Comparison

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

RYSE

• 1D: 0.00%
• 1M: 0.00%
• YTD: 2.52%
• 6M: 3.15%
• 1Y: 3.82%
• 3Y*: 4.06%
• 5Y*: —
• 10Y*: —

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

HYKE vs. RYSE - Yearly Performance Comparison

	2026 (YTD)
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%
RYSE Cboe Vest 10 Year Interest Rate Hedge ETF	0.00%

Return for Risk

HYKE vs. RYSE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments 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.

RYSE

RYSE Risk / Return Rank: 14
RYSE Sharpe Ratio Rank: 15
RYSE Sortino Ratio Rank: 13
RYSE Omega Ratio Rank: 14
RYSE Calmar Ratio Rank: 15
RYSE Martin Ratio Rank: 14

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. RYSE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vest 2 Year Interest Rate Hedge ETF (HYKE) and Cboe Vest 10 Year Interest Rate Hedge ETF (RYSE). 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	RYSE	Difference
Sharpe ratio: Return per unit of total volatility	—	0.38	—
Sortino ratio: Return per unit of downside risk	—	0.62	—
Omega ratio: Gain probability vs. loss probability	—	1.08	—
Calmar ratio: Return relative to maximum drawdown	—	0.53	—
Martin ratio: Return relative to average drawdown	—	1.19	—

Drawdowns

HYKE vs. RYSE - Drawdown Comparison

The maximum HYKE drawdown since its inception was 0.00%, smaller than the maximum RYSE drawdown of -19.70%. Use the drawdown chart below to compare losses from any high point for HYKE and RYSE.

Drawdown Indicators

	HYKE	RYSE	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-19.70%	+19.70%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.18%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.70%	—
Current Drawdown Current decline from peak	0.00%	-7.83%	+7.83%
Average Drawdown Average peak-to-trough decline	0.00%	-9.15%	+9.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.22%	—

Volatility

Volatility by Period

	HYKE	RYSE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.39%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	10.12%	-10.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	14.80%	-14.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	14.80%	-14.80%

HYKE vs. RYSE - Expense Ratio Comparison

Both HYKE and RYSE have an expense ratio of 0.85%.

Dividends

HYKE vs. RYSE - Dividend Comparison

HYKE has not paid dividends to shareholders, while RYSE's dividend yield for the trailing twelve months is around 1.37%.

Position	TTM	2025	2024	2023
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%	0.00%	0.00%	0.00%
RYSE Cboe Vest 10 Year Interest Rate Hedge ETF	1.37%	1.86%	2.58%	24.91%

Frequently Asked Questions

Which ETF is better, HYKE or RYSE?

Both ETFs have the same 0.85% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYKE or RYSE?

HYKE and RYSE have the same expense ratio: 0.85% per year.

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

RYSE has the higher dividend yield at 1.37%, compared with 0.00% for HYKE.

What is the main difference between HYKE and RYSE?

They also come from different issuers: Cboe Vest and Vest.