KNRG vs. HYKE

Last updated Jun 26, 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: 0.02%
• 1M: 0.41%
• YTD: 2.69%
• 6M: 2.64%
• 1Y: 8.40%
• 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	3.57%
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: 86
KNRG Sharpe Ratio Rank: 91
KNRG Sortino Ratio Rank: 94
KNRG Omega Ratio Rank: 92
KNRG Calmar Ratio Rank: 70
KNRG Martin Ratio Rank: 83

HYKE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

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.

	KNRG	HYKE	Difference
Sharpe ratio: Return per unit of total volatility	2.73	—	—
Sortino ratio: Return per unit of downside risk	4.21	—	—
Omega ratio: Gain probability vs. loss probability	1.55	—	—
Calmar ratio: Return relative to maximum drawdown	3.11	—	—
Martin ratio: Return relative to average drawdown	14.82	—	—

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	-0.08%	0.00%	-0.08%
Average Drawdown Average peak-to-trough decline	-0.32%	0.00%	-0.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.57%	—	—

Volatility

Volatility by Period

	KNRG	HYKE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.60%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.18%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.09%	0.00%	+3.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.46%	0.00%	+3.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.46%	0.00%	+3.46%

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 6.93%, 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	6.93%	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 6.93%, 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.