QSIG vs. ZTWO
QSIG (WisdomTree U.S. High Yield Corporate Bond Fund) and ZTWO (F/M 2-Year Investment Grade Corporate Bond ETF) are both Short-Term Bond funds - QSIG tracks the WisdomTree U.S. Short Term Quality Corporate Bond Index while ZTWO tracks the ICE 2-Year US Target Maturity Corporate Index - Benchmark TR Gross. Both are passively managed. Over the past year, QSIG returned 4.18% vs 3.94% for ZTWO. Their correlation of 0.84 suggests significant overlap in exposure. QSIG charges 0.18%/yr vs 0.15%/yr for ZTWO.
Performance
QSIG vs. ZTWO - Performance Comparison
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Returns By Period
In the year-to-date period, QSIG achieves a 0.61% return, which is significantly lower than ZTWO's 0.93% return.
QSIG
- 1D
- 0.07%
- 1M
- 0.25%
- YTD
- 0.61%
- 6M
- 0.95%
- 1Y
- 4.18%
- 3Y*
- 5.35%
- 5Y*
- 2.19%
- 10Y*
- 2.46%
ZTWO
- 1D
- 0.04%
- 1M
- 0.28%
- YTD
- 0.93%
- 6M
- 1.30%
- 1Y
- 3.94%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QSIG vs. ZTWO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QSIG WisdomTree U.S. High Yield Corporate Bond Fund | 0.61% | 6.61% | 0.43% |
ZTWO F/M 2-Year Investment Grade Corporate Bond ETF | 0.93% | 5.49% | 0.36% |
Correlation
The correlation between QSIG and ZTWO is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2024 | 0.84 |
The correlation between QSIG and ZTWO has been stable across timeframes, ranging from 0.84 to 0.87 - a consistent structural relationship.
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Return for Risk
QSIG vs. ZTWO — Risk / Return Rank
QSIG
ZTWO
QSIG vs. ZTWO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. High Yield Corporate Bond Fund (QSIG) and F/M 2-Year Investment Grade Corporate Bond ETF (ZTWO). 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.
| QSIG | ZTWO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.51 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.63 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 3.01 | 4.24 | -1.23 |
| Martin ratioReturn relative to average drawdown | 11.86 | 20.10 | -8.24 |
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
| QSIG | ZTWO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.18 | 3.03 | -0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.73 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.72 | 3.17 | -2.46 |
Drawdowns
QSIG vs. ZTWO - Drawdown Comparison
The maximum QSIG drawdown since its inception was -12.35%, which is greater than ZTWO's maximum drawdown of -0.93%. Use the drawdown chart below to compare losses from any high point for QSIG and ZTWO.
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Drawdown Indicators
| QSIG | ZTWO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.35% | -0.93% | -11.42% |
Max Drawdown (1Y)Largest decline over 1 year | -1.40% | -0.93% | -0.47% |
Max Drawdown (3Y)Largest decline over 3 years | -1.40% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -9.46% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -12.35% | — | — |
Current DrawdownCurrent decline from peak | -0.25% | -0.07% | -0.18% |
Average DrawdownAverage peak-to-trough decline | -1.37% | -0.10% | -1.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.35% | 0.20% | +0.15% |
Volatility
QSIG vs. ZTWO - Volatility Comparison
WisdomTree U.S. High Yield Corporate Bond Fund (QSIG) has a higher volatility of 0.61% compared to F/M 2-Year Investment Grade Corporate Bond ETF (ZTWO) at 0.42%. This indicates that QSIG's price experiences larger fluctuations and is considered to be riskier than ZTWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| QSIG | ZTWO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.61% | 0.42% | +0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 1.40% | 0.97% | +0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.94% | 1.31% | +0.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.00% | 1.49% | +1.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.42% | 1.49% | +1.93% |
QSIG vs. ZTWO - Expense Ratio Comparison
QSIG has a 0.18% expense ratio, which is higher than ZTWO's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
QSIG vs. ZTWO - Dividend Comparison
QSIG's dividend yield for the trailing twelve months is around 4.44%, more than ZTWO's 4.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
QSIG WisdomTree U.S. High Yield Corporate Bond Fund | 4.44% | 4.46% | 4.37% | 3.26% | 2.13% | 1.66% | 2.29% | 2.41% | 2.27% | 1.81% | 0.98% |
ZTWO F/M 2-Year Investment Grade Corporate Bond ETF | 4.12% | 4.31% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
QSIG and ZTWO have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QSIG has higher volatility (0.61%) compared to ZTWO (0.42%). In terms of maximum drawdown, QSIG dropped -12.35% vs ZTWO's -0.93%.
On 1-year performance, QSIG leads with 4.18% vs 3.94% for ZTWO. On fees, ZTWO is cheaper at 0.15% per year. On volatility, ZTWO has been the lower-risk option at 0.42%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, QSIG has performed better with a 4.18% return vs 3.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ZTWO is cheaper with a 0.15% expense ratio, compared with 0.18% for QSIG.
QSIG has the higher dividend yield at 4.44%, compared with 4.12% for ZTWO.
QSIG tracks WisdomTree U.S. Short Term Quality Corporate Bond Index, while ZTWO tracks ICE 2-Year US Target Maturity Corporate Index - Benchmark TR Gross. They also come from different issuers: WisdomTree and F/m. Their fees differ too: 0.18% for QSIG and 0.15% for ZTWO.
ZTWO currently has the higher Sharpe Ratio (3.03 vs 2.18), 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.
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