ILS vs. HYKE

Last updated Jun 5, 2026

ILS (Brookmont Catastrophic Bond ETF) and HYKE (Vest 2 Year Interest Rate Hedge ETF) are both Nontraditional Bonds funds. Both are actively managed. ILS charges 1.58%/yr vs 0.85%/yr for HYKE.

Performance

ILS vs. HYKE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brookmont Catastrophic Bond ETF (ILS) and Vest 2 Year Interest Rate Hedge ETF (HYKE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ILS

• 1D: -0.08%
• 1M: 0.28%
• YTD: 1.73%
• 6M: 2.17%
• 1Y: 7.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HYKE

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

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

ILS vs. HYKE - Yearly Performance Comparison

	2026 (YTD)
ILS Brookmont Catastrophic Bond ETF	0.78%
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%

Return for Risk

ILS vs. HYKE — Risk / Return Rank

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

ILS

ILS Risk / Return Rank: 93
ILS Sharpe Ratio Rank: 85
ILS Sortino Ratio Rank: 93
ILS Omega Ratio Rank: 92
ILS Calmar Ratio Rank: 98
ILS Martin Ratio Rank: 97

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.

ILS vs. HYKE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brookmont Catastrophic Bond ETF (ILS) and Vest 2 Year Interest Rate Hedge ETF (HYKE). 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.

	ILS	HYKE	Difference
Sharpe ratio: Return per unit of total volatility	2.75	—	—
Sortino ratio: Return per unit of downside risk	4.51	—	—
Omega ratio: Gain probability vs. loss probability	1.61	—	—
Calmar ratio: Return relative to maximum drawdown	13.78	—	—
Martin ratio: Return relative to average drawdown	46.06	—	—
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

	ILS	HYKE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.75	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.87	—	—

Drawdowns

ILS vs. HYKE - Drawdown Comparison

The maximum ILS drawdown since its inception was -1.56%, which is greater than HYKE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for ILS and HYKE.

Drawdown Indicators

	ILS	HYKE	Difference
Max Drawdown Largest peak-to-trough decline	-1.56%	0.00%	-1.56%
Max Drawdown (1Y) Largest decline over 1 year	-0.55%	—	—
Current Drawdown Current decline from peak	-0.08%	0.00%	-0.08%
Average Drawdown Average peak-to-trough decline	-0.25%	0.00%	-0.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.17%	—	—

Volatility

Volatility by Period

	ILS	HYKE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.88%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.69%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.77%	0.00%	+2.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.38%	0.00%	+3.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.38%	0.00%	+3.38%

ILS vs. HYKE - Expense Ratio Comparison

ILS has a 1.58% expense ratio, which is higher than HYKE's 0.85% expense ratio.

Dividends

ILS vs. HYKE - Dividend Comparison

ILS's dividend yield for the trailing twelve months is around 8.10%, while HYKE has not paid dividends to shareholders.

Position	TTM	2025
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%	0.00%
ILS Brookmont Catastrophic Bond ETF	8.10%	6.06%

Frequently Asked Questions

Which ETF is better, ILS or HYKE?

On fees, HYKE is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ILS or HYKE?

HYKE is cheaper with a 0.85% expense ratio, compared with 1.58% for ILS.

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

ILS has the higher dividend yield at 8.10%, compared with 0.00% for HYKE.

What is the main difference between ILS and HYKE?

They also come from different issuers: Brookmont and Cboe Vest. Their fees differ too: 1.58% for ILS and 0.85% for HYKE.