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QHY vs. COMT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

QHY vs. COMT

Last updated Jun 4, 2026

QHY (WisdomTree U.S. Short-Term Corporate Bond Fund) and COMT (iShares Commodities Select Strategy ETF) are both exchange-traded funds - QHY is a High Yield Bonds fund tracking the WisdomTree U.S. High Yield Corporate Bond Index, while COMT is a Commodities fund actively managed by iShares. QHY is passively managed, while COMT is actively managed. Over the past 10 years, QHY returned 4.96%/yr vs 9.09%/yr for COMT. At a 0.18 correlation, their price movements are largely independent. QHY charges 0.38%/yr vs 0.48%/yr for COMT.

Performance

QHY vs. COMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. Short-Term Corporate Bond Fund (QHY) and iShares Commodities Select Strategy ETF (COMT). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, QHY achieves a 1.46% return, which is significantly lower than COMT's 39.67% return. Over the past 10 years, QHY has underperformed COMT with an annualized return of 4.96%, while COMT has yielded a comparatively higher 9.09% annualized return.

QHY

1D
-0.09%
1M
0.55%
YTD
1.46%
6M
1.70%
1Y
7.29%
3Y*
8.10%
5Y*
3.21%
10Y*
4.96%

COMT

1D
0.78%
1M
-4.35%
YTD
39.67%
6M
39.06%
1Y
47.51%
3Y*
16.86%
5Y*
13.50%
10Y*
9.09%
*Multi-year figures are annualized to reflect compound growth (CAGR)

QHY vs. COMT - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
QHY
WisdomTree U.S. Short-Term Corporate Bond Fund		1.46%9.61%5.92%10.12%-11.81%4.12%5.99%15.65%-0.06%5.66%
COMT
iShares Commodities Select Strategy ETF		39.67%6.07%5.96%-6.56%19.45%36.88%-18.66%10.81%-6.67%11.70%

Correlation

The correlation between QHY and COMT is -0.30, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.30

Correlation (3Y)
Calculated over the trailing 3-year period

-0.04

Correlation (5Y)
Calculated over the trailing 5-year period

0.09

Correlation (10Y)
Calculated over the trailing 10-year period

0.18

Correlation (All Time)
Calculated using the full available price history since Apr 28, 2016

0.18

The correlation between QHY and COMT shifts across timeframes, from -0.30 (1 year) to 0.18 (10 years), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

WisdomTree U.S. Short-Term Corporate Bond Fund

iShares Commodities Select Strategy ETF

Often compared with QHY:
QHY vs. SGOVQHY vs. JBBBQHY vs. HYGQHY vs. IBHHQHY vs. USHYQHY vs. BBHYQHY vs. FSYD
Often compared with COMT:
COMT vs. PDBCCOMT vs. GSGCOMT vs. VCMDXCOMT vs. COMCOMT vs. CMDYCOMT vs. BCICOMT vs. FTGC

Return for Risk

QHY vs. COMT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QHY
QHY Risk / Return Rank: 6363
Overall Rank
QHY Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
QHY Sortino Ratio Rank: 6767
Sortino Ratio Rank
QHY Omega Ratio Rank: 6666
Omega Ratio Rank
QHY Calmar Ratio Rank: 5454
Calmar Ratio Rank
QHY Martin Ratio Rank: 6767
Martin Ratio Rank
COMT
COMT Risk / Return Rank: 7171
Overall Rank
COMT Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
COMT Sortino Ratio Rank: 6060
Sortino Ratio Rank
COMT Omega Ratio Rank: 6464
Omega Ratio Rank
COMT Calmar Ratio Rank: 9191
Calmar Ratio Rank
COMT Martin Ratio Rank: 7373
Martin Ratio Rank
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.

QHY vs. COMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Short-Term Corporate Bond Fund (QHY) and iShares Commodities Select Strategy ETF (COMT). 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.

QHYCOMTDifference
Sharpe ratioReturn per unit of total volatility
2.01
2.24

-0.23

Sortino ratioReturn per unit of downside risk
3.05
2.88

+0.16

Omega ratioGain probability vs. loss probability

1.39

1.40

0.00

Calmar ratioReturn relative to maximum drawdown

2.65

5.95

-3.31

Martin ratioReturn relative to average drawdown

12.02

14.11

-2.09

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QHY vs. COMT - Sharpe Ratio Comparison

The current QHY Sharpe Ratio is 2.01, which is comparable to the COMT Sharpe Ratio of 2.24. The chart below compares the historical Sharpe Ratios of QHY and COMT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

QHYCOMTDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.01

2.24

-0.23

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.43

0.64

-0.22

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.61

0.48

+0.12

Sharpe Ratio (All Time)

Calculated using the full available price history

0.61

0.20

+0.41

Drawdowns

QHY vs. COMT - Drawdown Comparison

The maximum QHY drawdown since its inception was -22.74%, smaller than the maximum COMT drawdown of -51.89%. Use the drawdown chart below to compare losses from any high point for QHY and COMT.

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Drawdown Indicators

QHYCOMTDifference

Max Drawdown

Largest peak-to-trough decline

-22.74%

-51.89%

+29.15%

Max Drawdown (1Y)

Largest decline over 1 year

-2.77%

-8.02%

+5.25%

Max Drawdown (3Y)

Largest decline over 3 years

-4.58%

-13.31%

+8.73%

Max Drawdown (5Y)

Largest decline over 5 years

-16.21%

-29.00%

+12.79%

Max Drawdown (10Y)

Largest decline over 10 years

-22.74%

-39.22%

+16.48%

Current Drawdown

Current decline from peak

-0.09%

-4.82%

+4.73%

Average Drawdown

Average peak-to-trough decline

-2.75%

-24.07%

+21.32%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.61%

3.38%

-2.77%

Volatility

QHY vs. COMT - Volatility Comparison

The current volatility for WisdomTree U.S. Short-Term Corporate Bond Fund (QHY) is 1.08%, while iShares Commodities Select Strategy ETF (COMT) has a volatility of 7.37%. This indicates that QHY experiences smaller price fluctuations and is considered to be less risky than COMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QHYCOMTDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.08%

7.37%

-6.29%

Volatility (6M)

Calculated over the trailing 6-month period

2.86%

18.80%

-15.94%

Volatility (1Y)

Calculated over the trailing 1-year period

3.65%

21.29%

-17.64%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.57%

21.06%

-13.49%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

8.20%

18.89%

-10.69%

QHY vs. COMT - Expense Ratio Comparison

QHY has a 0.38% expense ratio, which is lower than COMT's 0.48% expense ratio.

Dividends

QHY vs. COMT - Dividend Comparison

QHY's dividend yield for the trailing twelve months is around 6.26%, more than COMT's 5.54% yield.

PositionTTM20252024202320222021202020192018201720162015
COMT
iShares Commodities Select Strategy ETF		5.54%7.74%4.90%5.19%29.79%17.79%0.36%2.61%11.65%5.16%0.52%1.44%
QHY
WisdomTree U.S. Short-Term Corporate Bond Fund		6.26%6.26%6.40%6.11%5.44%4.09%4.80%5.21%5.93%6.47%4.39%0.00%

Frequently Asked Questions

QHY and COMT have a correlation of -0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

COMT has higher volatility (7.37%) compared to QHY (1.08%). In terms of maximum drawdown, QHY dropped -22.74% vs COMT's -51.89%.

On 10-year performance, COMT leads with 9.09% vs 4.96% for QHY. On fees, QHY is cheaper at 0.38% per year. On volatility, QHY has been the lower-risk option at 1.08%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, COMT has performed better with a 9.09% return vs 4.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

QHY is cheaper with a 0.38% expense ratio, compared with 0.48% for COMT.

QHY has the higher dividend yield at 6.26%, compared with 5.54% for COMT.

QHY is categorized as High Yield Bonds, while COMT is Commodities. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.38% for QHY and 0.48% for COMT.

COMT currently has the higher Sharpe Ratio (2.24 vs 2.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

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