QRFT vs. HYLD

Last updated Jun 23, 2026

QRFT (QRAFT AI Enhanced U.S. Large Cap ETF) and HYLD (High Yield ETF) are both exchange-traded funds - QRFT is a Large Cap Growth Equities fund actively managed by Exchange Traded Concepts, while HYLD is a High Yield Bonds fund actively managed by Exchange Traded Concepts. Both are actively managed. At a 0.23 correlation, their price movements are largely independent. QRFT charges 0.75%/yr vs 1.29%/yr for HYLD.

Performance

QRFT vs. HYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in QRAFT AI Enhanced U.S. Large Cap ETF (QRFT) and High Yield ETF (HYLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QRFT

• 1D: -0.09%
• 1M: 0.79%
• YTD: 11.80%
• 6M: 11.24%
• 1Y: 28.25%
• 3Y*: 21.26%
• 5Y*: 11.44%
• 10Y*: —

HYLD

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

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

QRFT vs. HYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
QRFT QRAFT AI Enhanced U.S. Large Cap ETF	11.80%	17.95%	21.36%	24.16%	-22.69%	22.74%	40.05%	15.22%
HYLD High Yield ETF	0.00%	0.00%	0.00%	2.80%	-11.48%	5.41%	3.11%	0.90%

Correlation

The correlation between QRFT and HYLD is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (All Time) Calculated using the full available price history since May 21, 2019	0.23

The correlation between QRFT and HYLD shifts across timeframes, from 0.07 (3 years) to 0.27 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

QRFT vs. HYLD — Risk / Return Rank

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

QRFT

QRFT Risk / Return Rank: 65
QRFT Sharpe Ratio Rank: 64
QRFT Sortino Ratio Rank: 61
QRFT Omega Ratio Rank: 63
QRFT Calmar Ratio Rank: 65
QRFT Martin Ratio Rank: 73

HYLD

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.

QRFT vs. HYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for QRAFT AI Enhanced U.S. Large Cap ETF (QRFT) and High Yield ETF (HYLD). 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.

	QRFT	HYLD	Difference
Sharpe ratio: Return per unit of total volatility	2.05	—	—
Sortino ratio: Return per unit of downside risk	2.77	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	3.11	—	—
Martin ratio: Return relative to average drawdown	13.25	—	—

Drawdowns

Drawdown Indicators

	QRFT	HYLD	Difference
Max Drawdown Largest peak-to-trough decline	-30.19%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-9.12%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.99%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.20%	—	—
Current Drawdown Current decline from peak	-1.05%	—	—
Average Drawdown Average peak-to-trough decline	-6.76%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.14%	—	—

Volatility

Volatility by Period

	QRFT	HYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.45%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.00%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.89%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.46%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.12%	—	—

QRFT vs. HYLD - Expense Ratio Comparison

QRFT has a 0.75% expense ratio, which is lower than HYLD's 1.29% expense ratio.

Dividends

QRFT vs. HYLD - Dividend Comparison

QRFT's dividend yield for the trailing twelve months is around 0.25%, while HYLD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HYLD High Yield ETF	0.00%	0.00%	0.00%	4.67%	7.86%	6.45%	7.52%	7.46%	7.97%	7.18%	6.59%	10.87%
QRFT QRAFT AI Enhanced U.S. Large Cap ETF	0.25%	0.27%	0.52%	0.77%	0.83%	0.05%	1.81%	4.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QRFT and HYLD in my portfolio?

QRFT and HYLD have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QRFT or HYLD?

On fees, QRFT is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QRFT or HYLD?

QRFT is cheaper with a 0.75% expense ratio, compared with 1.29% for HYLD.

Which ETF pays a higher dividend yield, QRFT or HYLD?

QRFT has the higher dividend yield at 0.25%, compared with 0.00% for HYLD.

What is the main difference between QRFT and HYLD?

QRFT is categorized as Large Cap Growth Equities, while HYLD is High Yield Bonds. Their fees differ too: 0.75% for QRFT and 1.29% for HYLD.