HYKE vs. VPC

Last updated Jun 5, 2026

HYKE (Vest 2 Year Interest Rate Hedge ETF) and VPC (Virtus Private Credit ETF) are both Nontraditional Bonds funds. HYKE is actively managed, while VPC is passively managed. HYKE charges 0.85%/yr vs 0.75%/yr for VPC.

Performance

HYKE vs. VPC - Performance Comparison

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

VPC

• 1D: 1.29%
• 1M: -3.85%
• YTD: -8.10%
• 6M: -9.05%
• 1Y: -11.13%
• 3Y*: 3.29%
• 5Y*: 1.43%
• 10Y*: —

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

HYKE vs. VPC - Yearly Performance Comparison

	2026 (YTD)
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%
VPC Virtus Private Credit ETF	7.07%

Return for Risk

HYKE vs. VPC — Risk / Return Rank

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

VPC

VPC Risk / Return Rank: 3
VPC Sharpe Ratio Rank: 2
VPC Sortino Ratio Rank: 3
VPC Omega Ratio Rank: 3
VPC Calmar Ratio Rank: 5
VPC Martin Ratio Rank: 5

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. VPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vest 2 Year Interest Rate Hedge ETF (HYKE) and Virtus Private Credit ETF (VPC). 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	VPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.85	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.11	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.21	—

Drawdowns

HYKE vs. VPC - Drawdown Comparison

The maximum HYKE drawdown since its inception was 0.00%, smaller than the maximum VPC drawdown of -53.45%. Use the drawdown chart below to compare losses from any high point for HYKE and VPC.

Drawdown Indicators

	HYKE	VPC	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-53.45%	+53.45%
Max Drawdown (1Y) Largest decline over 1 year	—	-22.76%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-24.86%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.86%	—
Current Drawdown Current decline from peak	0.00%	-18.60%	+18.60%
Average Drawdown Average peak-to-trough decline	0.00%	-7.68%	+7.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	11.50%	—

Volatility

Volatility by Period

	HYKE	VPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.62%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.94%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	13.23%	-13.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	13.52%	-13.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	20.56%	-20.56%

HYKE vs. VPC - Expense Ratio Comparison

HYKE has a 0.85% expense ratio, which is higher than VPC's 0.75% expense ratio.

Dividends

HYKE vs. VPC - Dividend Comparison

HYKE has not paid dividends to shareholders, while VPC's dividend yield for the trailing twelve months is around 17.08%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VPC Virtus Private Credit ETF	17.08%	14.33%	11.26%	11.71%	10.74%	6.31%	10.06%	8.19%

Frequently Asked Questions

Which ETF is better, HYKE or VPC?

On fees, VPC is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYKE or VPC?

VPC is cheaper with a 0.75% expense ratio, compared with 0.85% for HYKE.

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

VPC has the higher dividend yield at 17.08%, compared with 0.00% for HYKE.

What is the main difference between HYKE and VPC?

They also come from different issuers: Cboe Vest and Virtus Investment Partners. Their fees differ too: 0.85% for HYKE and 0.75% for VPC.