HYZD vs. MYHA
HYZD (WisdomTree Interest Rate Hedged High Yield Bond Fund) and MYHA (State Street My2027 High Yield Corporate Bond ETF) are both High Yield Bonds funds. HYZD is passively managed, while MYHA is actively managed. Their 0.42 correlation means their historical movements had little consistent relationship. HYZD charges 0.43%/yr vs 0.39%/yr for MYHA.
Performance
HYZD vs. MYHA - Performance Comparison
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Returns By Period
HYZD
- 1D
- 0.39%
- 1M
- 0.91%
- 6M
- 3.28%
- YTD
- 3.90%
- 1Y
- 7.88%
- 3Y*
- 8.79%
- 5Y*
- 6.43%
- 10Y*
- 5.40%
- ALL TIME*
- 4.43%
MYHA
- 1D
- 0.10%
- 1M
- 0.28%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.61M | $1.76M | $1.59M | |
| $598.08 | $732.32 | $5.25K |
HYZD vs. MYHA - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
HYZD WisdomTree Interest Rate Hedged High Yield Bond Fund | 3.60% |
MYHA State Street My2027 High Yield Corporate Bond ETF | 1.75% |
Correlation
The correlation between HYZD and MYHA is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Feb 26, 2026 | 0.42 |
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Return for Risk
HYZD vs. MYHA — Risk / Return Rank
HYZD
MYHA
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HYZD vs. MYHA - 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 State Street My2027 High Yield Corporate Bond ETF (MYHA). 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.
| HYZD | MYHA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.55 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.14 | — | — |
| Martin ratioReturn relative to average drawdown | 18.11 | — | — |
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Drawdowns
HYZD vs. MYHA - Drawdown Comparison
The maximum HYZD drawdown since its inception was -25.66%, which is greater than MYHA's maximum drawdown of -0.69%. Use the drawdown chart below to compare losses from any high point for HYZD and MYHA.
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Drawdown Indicators
| HYZD | MYHA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.66% | -0.69% | -24.97% |
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 DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -2.18% | -0.10% | -2.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.44% | — | — |
Volatility
HYZD vs. MYHA - Volatility Comparison
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Volatility by Period
| HYZD | MYHA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.57% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.41% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.99% | 1.73% | +1.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.70% | 1.73% | +4.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.51% | 1.73% | +6.78% |
HYZD vs. MYHA - Expense Ratio Comparison
HYZD has a 0.43% expense ratio, which is higher than MYHA's 0.39% expense ratio.
Dividends
HYZD vs. MYHA - Dividend Comparison
HYZD's dividend yield for the trailing twelve months is around 5.87%, more than MYHA's 2.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
MYHA State Street My2027 High Yield Corporate Bond ETF | 2.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HYZD and MYHA have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MYHA is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MYHA is cheaper with a 0.39% expense ratio, compared with 0.43% for HYZD.
HYZD has the higher dividend yield at 5.87%, compared with 2.54% for MYHA.
They also come from different issuers: WisdomTree and State Street. Their fees differ too: 0.43% for HYZD and 0.39% for MYHA.
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