KNRG vs. HYKE

Last updated Jun 5, 2026

KNRG (Simplify Kayne Anderson Energy and Infrastructure Credit ETF) and HYKE (Vest 2 Year Interest Rate Hedge ETF) are both Nontraditional Bonds funds. Both are actively managed. KNRG charges 0.76%/yr vs 0.85%/yr for HYKE.

Performance

KNRG vs. HYKE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Kayne Anderson Energy and Infrastructure Credit ETF (KNRG) and Vest 2 Year Interest Rate Hedge ETF (HYKE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

KNRG

• 1D: 0.14%
• 1M: 0.59%
• YTD: 2.52%
• 6M: 2.76%
• 1Y: 9.17%
• 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)

KNRG vs. HYKE - Yearly Performance Comparison

	2026 (YTD)
KNRG Simplify Kayne Anderson Energy and Infrastructure Credit ETF	3.18%
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%

Return for Risk

KNRG vs. HYKE — Risk / Return Rank

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

KNRG

KNRG Risk / Return Rank: 82
KNRG Sharpe Ratio Rank: 82
KNRG Sortino Ratio Rank: 88
KNRG Omega Ratio Rank: 89
KNRG Calmar Ratio Rank: 70
KNRG Martin Ratio Rank: 81

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.

KNRG vs. HYKE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Kayne Anderson Energy and Infrastructure Credit ETF (KNRG) 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.

	KNRG	HYKE	Difference
Sharpe ratio: Return per unit of total volatility	2.62	—	—
Sortino ratio: Return per unit of downside risk	3.93	—	—
Omega ratio: Gain probability vs. loss probability	1.55	—	—
Calmar ratio: Return relative to maximum drawdown	3.40	—	—
Martin ratio: Return relative to average drawdown	15.86	—	—
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

	KNRG	HYKE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.62	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.81	—	—

Drawdowns

KNRG vs. HYKE - Drawdown Comparison

The maximum KNRG drawdown since its inception was -2.71%, which is greater than HYKE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for KNRG and HYKE.

Drawdown Indicators

	KNRG	HYKE	Difference
Max Drawdown Largest peak-to-trough decline	-2.71%	0.00%	-2.71%
Max Drawdown (1Y) Largest decline over 1 year	-2.71%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.33%	0.00%	-0.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.58%	—	—

Volatility

Volatility by Period

	KNRG	HYKE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.17%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.52%	0.00%	+3.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.52%	0.00%	+3.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.52%	0.00%	+3.52%

KNRG vs. HYKE - Expense Ratio Comparison

KNRG has a 0.76% expense ratio, which is lower than HYKE's 0.85% expense ratio.

Dividends

KNRG vs. HYKE - Dividend Comparison

KNRG's dividend yield for the trailing twelve months is around 6.94%, while HYKE has not paid dividends to shareholders.

Position	TTM	2025
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%	0.00%
KNRG Simplify Kayne Anderson Energy and Infrastructure Credit ETF	6.94%	4.22%

Frequently Asked Questions

Which ETF is better, KNRG or HYKE?

On fees, KNRG is cheaper at 0.76% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KNRG or HYKE?

KNRG is cheaper with a 0.76% expense ratio, compared with 0.85% for HYKE.

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

KNRG has the higher dividend yield at 6.94%, compared with 0.00% for HYKE.

What is the main difference between KNRG and HYKE?

They also come from different issuers: Simplify and Cboe Vest. Their fees differ too: 0.76% for KNRG and 0.85% for HYKE.