HYKE vs. SSFI

Last updated Jun 24, 2026

HYKE (Vest 2 Year Interest Rate Hedge ETF) and SSFI (Day Hagan/Ned Davis Research Smart Sector Fixed Income ETF) are both Nontraditional Bonds funds. Both are actively managed. HYKE charges 0.85%/yr vs 0.81%/yr for SSFI.

Performance

HYKE vs. SSFI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vest 2 Year Interest Rate Hedge ETF (HYKE) and Day Hagan/Ned Davis Research Smart Sector Fixed Income ETF (SSFI). 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*: —

SSFI

• 1D: 0.04%
• 1M: 0.89%
• YTD: 0.53%
• 6M: 0.58%
• 1Y: 3.79%
• 3Y*: 3.18%
• 5Y*: —
• 10Y*: —

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

HYKE vs. SSFI - Yearly Performance Comparison

	2026 (YTD)
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%
SSFI Day Hagan/Ned Davis Research Smart Sector Fixed Income ETF	1.52%

Return for Risk

HYKE vs. SSFI — 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.

SSFI

SSFI Risk / Return Rank: 29
SSFI Sharpe Ratio Rank: 28
SSFI Sortino Ratio Rank: 28
SSFI Omega Ratio Rank: 26
SSFI Calmar Ratio Rank: 31
SSFI Martin Ratio Rank: 32

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. SSFI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vest 2 Year Interest Rate Hedge ETF (HYKE) and Day Hagan/Ned Davis Research Smart Sector Fixed Income ETF (SSFI). 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	SSFI	Difference
Sharpe ratio: Return per unit of total volatility	—	0.96	—
Sortino ratio: Return per unit of downside risk	—	1.45	—
Omega ratio: Gain probability vs. loss probability	—	1.17	—
Calmar ratio: Return relative to maximum drawdown	—	1.44	—
Martin ratio: Return relative to average drawdown	—	4.41	—

Drawdowns

HYKE vs. SSFI - Drawdown Comparison

The maximum HYKE drawdown since its inception was 0.00%, smaller than the maximum SSFI drawdown of -16.07%. Use the drawdown chart below to compare losses from any high point for HYKE and SSFI.

Drawdown Indicators

	HYKE	SSFI	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-16.07%	+16.07%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.64%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-6.72%	—
Current Drawdown Current decline from peak	0.00%	-1.94%	+1.94%
Average Drawdown Average peak-to-trough decline	0.00%	-7.51%	+7.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.86%	—

Volatility

Volatility by Period

	HYKE	SSFI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.20%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.88%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	3.96%	-3.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	5.75%	-5.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	5.75%	-5.75%

HYKE vs. SSFI - Expense Ratio Comparison

HYKE has a 0.85% expense ratio, which is higher than SSFI's 0.81% expense ratio.

Dividends

HYKE vs. SSFI - Dividend Comparison

HYKE has not paid dividends to shareholders, while SSFI's dividend yield for the trailing twelve months is around 3.36%.

Position	TTM	2025	2024	2023	2022	2021
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SSFI Day Hagan/Ned Davis Research Smart Sector Fixed Income ETF	3.36%	3.51%	3.64%	3.97%	1.87%	0.71%

Frequently Asked Questions

Which ETF is better, HYKE or SSFI?

On fees, SSFI is cheaper at 0.81% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYKE or SSFI?

SSFI is cheaper with a 0.81% expense ratio, compared with 0.85% for HYKE.

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

SSFI has the higher dividend yield at 3.36%, compared with 0.00% for HYKE.

What is the main difference between HYKE and SSFI?

They also come from different issuers: Cboe Vest and Day Hagan. Their fees differ too: 0.85% for HYKE and 0.81% for SSFI.