HYZD vs. HYXU

Last updated Jun 5, 2026

HYZD (WisdomTree Interest Rate Hedged High Yield Bond Fund) and HYXU (iShares Euro High Yield Corporate Bond USD Hedged ETF) are both High Yield Bonds funds - HYZD tracks the WisdomTree U.S. High Yield Corporate Bond, Zero Duration Index while HYXU tracks the BBG Pan-European High Yield (Euro) Total Return 100% USD Hedged Index. Both are passively managed. HYZD charges 0.43%/yr vs 0.35%/yr for HYXU.

Performance

HYZD vs. HYXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Interest Rate Hedged High Yield Bond Fund (HYZD) and iShares Euro High Yield Corporate Bond USD Hedged ETF (HYXU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HYZD

• 1D: 0.35%
• 1M: 0.87%
• YTD: 2.88%
• 6M: 3.60%
• 1Y: 7.82%
• 3Y*: 9.46%
• 5Y*: 6.30%
• 10Y*: 5.60%

HYXU

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

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

HYZD vs. HYXU - Yearly Performance Comparison

	2026 (YTD)
HYZD WisdomTree Interest Rate Hedged High Yield Bond Fund	0.48%
HYXU iShares Euro High Yield Corporate Bond USD Hedged ETF	0.00%

HYZD vs. HYXU - Sectors Allocation Comparison

Sectors	HYZD	HYXU
Energy	100.0%	-
Basic Materials	-	-
Communication Services	-	100.0%
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

HYZD vs. HYXU — Risk / Return Rank

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

HYZD

HYZD Risk / Return Rank: 83
HYZD Sharpe Ratio Rank: 78
HYZD Sortino Ratio Rank: 88
HYZD Omega Ratio Rank: 85
HYZD Calmar Ratio Rank: 80
HYZD Martin Ratio Rank: 85

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.

HYZD vs. HYXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Interest Rate Hedged High Yield Bond Fund (HYZD) and iShares Euro High Yield Corporate Bond USD Hedged ETF (HYXU). 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.

	HYZD	HYXU	Difference
Sharpe ratio: Return per unit of total volatility	2.48	—	—
Sortino ratio: Return per unit of downside risk	3.99	—	—
Omega ratio: Gain probability vs. loss probability	1.51	—	—
Calmar ratio: Return relative to maximum drawdown	4.11	—	—
Martin ratio: Return relative to average drawdown	17.47	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	HYZD	HYXU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.48	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.94	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.66	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	—	—

Drawdowns

HYZD vs. HYXU - Drawdown Comparison

The maximum HYZD drawdown since its inception was -25.66%, which is greater than HYXU's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for HYZD and HYXU.

Drawdown Indicators

	HYZD	HYXU	Difference
Max Drawdown Largest peak-to-trough decline	-25.66%	0.00%	-25.66%
Max Drawdown (1Y) Largest decline over 1 year	-1.91%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-5.85%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-8.97%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-25.66%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-2.20%	0.00%	-2.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.45%	—	—

Volatility

Volatility by Period

	HYZD	HYXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.00%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.37%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.17%	0.00%	+3.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.70%	0.00%	+6.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.57%	0.00%	+8.57%

HYZD vs. HYXU - Expense Ratio Comparison

HYZD has a 0.43% expense ratio, which is higher than HYXU's 0.35% expense ratio.

Dividends

HYZD vs. HYXU - Dividend Comparison

HYZD's dividend yield for the trailing twelve months is around 5.87%, while HYXU has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HYXU iShares Euro High Yield Corporate Bond USD Hedged ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HYZD WisdomTree Interest Rate Hedged High Yield Bond Fund	5.87%	6.05%	6.08%	5.94%	5.14%	4.02%	5.13%	5.50%	5.58%	4.94%	5.07%	4.38%

Frequently Asked Questions

Which ETF is better, HYZD or HYXU?

On fees, HYXU is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYZD or HYXU?

HYXU is cheaper with a 0.35% expense ratio, compared with 0.43% for HYZD.

Which ETF pays a higher dividend yield, HYZD or HYXU?

HYZD has the higher dividend yield at 5.87%, compared with 0.00% for HYXU.

What is the main difference between HYZD and HYXU?

HYZD tracks WisdomTree U.S. High Yield Corporate Bond, Zero Duration Index, while HYXU tracks BBG Pan-European High Yield (Euro) Total Return 100% USD Hedged Index. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.43% for HYZD and 0.35% for HYXU.