PortfoliosLab logo
HYZD vs. IBHD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HYZD and IBHD is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.6

Performance

HYZD vs. IBHD - 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 iBonds 2024 Term High Yield & Income ETF (IBHD). The values are adjusted to include any dividend payments, if applicable.

24.00%26.00%28.00%30.00%32.00%NovemberDecember2025FebruaryMarchApril
28.76%
27.04%
HYZD
IBHD

Key characteristics

Returns By Period


HYZD

YTD

0.14%

1M

-0.57%

6M

1.61%

1Y

6.00%

5Y*

7.60%

10Y*

4.41%

IBHD

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


HYZD vs. IBHD - Expense Ratio Comparison

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


Expense ratio chart for HYZD: current value is 0.43%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
HYZD: 0.43%
Expense ratio chart for IBHD: current value is 0.35%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IBHD: 0.35%

Risk-Adjusted Performance

HYZD vs. IBHD — Risk-Adjusted Performance Rank

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

HYZD
The Risk-Adjusted Performance Rank of HYZD is 8181
Overall Rank
The Sharpe Ratio Rank of HYZD is 7979
Sharpe Ratio Rank
The Sortino Ratio Rank of HYZD is 8080
Sortino Ratio Rank
The Omega Ratio Rank of HYZD is 8080
Omega Ratio Rank
The Calmar Ratio Rank of HYZD is 8383
Calmar Ratio Rank
The Martin Ratio Rank of HYZD is 8585
Martin Ratio Rank

IBHD
The Risk-Adjusted Performance Rank of IBHD is 9898
Overall Rank
The Sharpe Ratio Rank of IBHD is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of IBHD is 9898
Sortino Ratio Rank
The Omega Ratio Rank of IBHD is 9898
Omega Ratio Rank
The Calmar Ratio Rank of IBHD is 9999
Calmar Ratio Rank
The Martin Ratio Rank of IBHD is 9999
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

HYZD vs. IBHD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Interest Rate Hedged High Yield Bond Fund (HYZD) and iShares iBonds 2024 Term High Yield & Income ETF (IBHD). 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.


The chart of Sharpe ratio for HYZD, currently valued at 0.96, compared to the broader market-1.000.001.002.003.004.00
HYZD: 0.96
IBHD: 4.89
The chart of Sortino ratio for HYZD, currently valued at 1.46, compared to the broader market-2.000.002.004.006.008.00
HYZD: 1.46
IBHD: 9.86
The chart of Omega ratio for HYZD, currently valued at 1.21, compared to the broader market0.501.001.502.002.50
HYZD: 1.21
IBHD: 2.72
The chart of Calmar ratio for HYZD, currently valued at 1.02, compared to the broader market0.002.004.006.008.0010.0012.00
HYZD: 1.02
IBHD: 28.85
The chart of Martin ratio for HYZD, currently valued at 5.26, compared to the broader market0.0020.0040.0060.00
HYZD: 5.26
IBHD: 115.05


Rolling 12-month Sharpe Ratio0.001.002.003.004.005.00NovemberDecember2025FebruaryMarchApril
0.96
4.89
HYZD
IBHD

Dividends

HYZD vs. IBHD - Dividend Comparison

HYZD's dividend yield for the trailing twelve months is around 6.34%, while IBHD has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
HYZD
WisdomTree Interest Rate Hedged High Yield Bond Fund
6.34%6.08%5.94%5.14%4.02%5.13%5.50%5.58%4.94%5.07%4.38%3.82%
IBHD
iShares iBonds 2024 Term High Yield & Income ETF
3.87%5.53%6.90%4.90%4.43%5.49%3.59%0.00%0.00%0.00%0.00%0.00%

Drawdowns

HYZD vs. IBHD - Drawdown Comparison


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%NovemberDecember2025FebruaryMarchApril
-1.85%
0
HYZD
IBHD

Volatility

HYZD vs. IBHD - Volatility Comparison

WisdomTree Interest Rate Hedged High Yield Bond Fund (HYZD) has a higher volatility of 4.48% compared to iShares iBonds 2024 Term High Yield & Income ETF (IBHD) at 0.00%. This indicates that HYZD's price experiences larger fluctuations and is considered to be riskier than IBHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%NovemberDecember2025FebruaryMarchApril
4.48%
0
HYZD
IBHD