PIFI vs. UNIY
Compare and contrast key facts about ClearShares Piton Intermediate Fixed Income ETF (PIFI) and WisdomTree Voya Yield Enchanced USD Universal Bond Fund (UNIY).
PIFI and UNIY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PIFI is an actively managed fund by ClearShares. It was launched on Oct 1, 2020. UNIY is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg US Universal Enhanced Yield Index. It was launched on Feb 3, 2023.
Performance
PIFI vs. UNIY - Performance Comparison
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PIFI vs. UNIY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PIFI ClearShares Piton Intermediate Fixed Income ETF | 0.02% | 6.29% | 2.52% | 3.54% |
UNIY WisdomTree Voya Yield Enchanced USD Universal Bond Fund | -0.08% | 7.37% | 1.86% | 3.90% |
Returns By Period
In the year-to-date period, PIFI achieves a 0.02% return, which is significantly higher than UNIY's -0.08% return.
PIFI
- 1D
- -0.09%
- 1M
- -0.93%
- YTD
- 0.02%
- 6M
- 0.81%
- 1Y
- 3.88%
- 3Y*
- 3.66%
- 5Y*
- 1.18%
- 10Y*
- —
UNIY
- 1D
- 0.03%
- 1M
- -1.40%
- YTD
- -0.08%
- 6M
- 0.63%
- 1Y
- 4.39%
- 3Y*
- 4.16%
- 5Y*
- —
- 10Y*
- —
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PIFI vs. UNIY - Expense Ratio Comparison
PIFI has a 0.45% expense ratio, which is higher than UNIY's 0.15% expense ratio.
Return for Risk
PIFI vs. UNIY — Risk / Return Rank
PIFI
UNIY
PIFI vs. UNIY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ClearShares Piton Intermediate Fixed Income ETF (PIFI) and WisdomTree Voya Yield Enchanced USD Universal Bond Fund (UNIY). 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.
| PIFI | UNIY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.35 | 1.03 | +0.32 |
Sortino ratioReturn per unit of downside risk | 2.02 | 1.43 | +0.60 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.18 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 2.19 | 1.87 | +0.32 |
Martin ratioReturn relative to average drawdown | 7.59 | 5.84 | +1.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PIFI | UNIY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.35 | 1.03 | +0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.84 | -0.61 |
Correlation
The correlation between PIFI and UNIY is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
PIFI vs. UNIY - Dividend Comparison
PIFI's dividend yield for the trailing twelve months is around 3.75%, less than UNIY's 4.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PIFI ClearShares Piton Intermediate Fixed Income ETF | 3.75% | 3.16% | 2.92% | 2.29% | 1.22% | 0.25% |
UNIY WisdomTree Voya Yield Enchanced USD Universal Bond Fund | 4.91% | 4.95% | 4.86% | 3.99% | 0.00% | 0.00% |
Drawdowns
PIFI vs. UNIY - Drawdown Comparison
The maximum PIFI drawdown since its inception was -10.59%, which is greater than UNIY's maximum drawdown of -6.27%. Use the drawdown chart below to compare losses from any high point for PIFI and UNIY.
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Drawdown Indicators
| PIFI | UNIY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.59% | -6.27% | -4.32% |
Max Drawdown (1Y)Largest decline over 1 year | -1.85% | -2.53% | +0.68% |
Max Drawdown (5Y)Largest decline over 5 years | -10.41% | — | — |
Current DrawdownCurrent decline from peak | -1.30% | -1.66% | +0.36% |
Average DrawdownAverage peak-to-trough decline | -3.29% | -1.39% | -1.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.53% | 0.81% | -0.28% |
Volatility
PIFI vs. UNIY - Volatility Comparison
The current volatility for ClearShares Piton Intermediate Fixed Income ETF (PIFI) is 1.11%, while WisdomTree Voya Yield Enchanced USD Universal Bond Fund (UNIY) has a volatility of 1.65%. This indicates that PIFI experiences smaller price fluctuations and is considered to be less risky than UNIY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PIFI | UNIY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.11% | 1.65% | -0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 1.77% | 2.52% | -0.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.88% | 4.28% | -1.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.64% | 4.90% | -1.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.51% | 4.90% | -1.39% |