RYSE vs. HYKE

Last updated Apr 2, 2026

Compare and contrast key facts about Cboe Vest 10 Year Interest Rate Hedge ETF (RYSE) and Vest 2 Year Interest Rate Hedge ETF (HYKE).

RYSE and HYKE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RYSE is an actively managed fund by Vest. It was launched on Feb 2, 2023. HYKE is an actively managed fund by Cboe Vest. It was launched on Jan 10, 2024.

Performance

RYSE vs. HYKE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cboe Vest 10 Year Interest Rate Hedge ETF (RYSE) and Vest 2 Year Interest Rate Hedge ETF (HYKE). The values are adjusted to include any dividend payments, if applicable.

RYSE vs. HYKE - Yearly Performance Comparison

	2026 (YTD)
RYSE Cboe Vest 10 Year Interest Rate Hedge ETF	0.00%
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%

Returns By Period

RYSE

• 1D: 0.00%
• 1M: 6.60%
• YTD: 2.52%
• 6M: 6.84%
• 1Y: 6.25%
• 3Y*: 6.72%
• 5Y*: —
• 10Y*: —

HYKE

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RYSE vs. HYKE - Expense Ratio Comparison

Both RYSE and HYKE have an expense ratio of 0.85%.

RYSE

Cboe Vest 10 Year Interest Rate Hedge ETF

HYKE

Vest 2 Year Interest Rate Hedge ETF

Return for Risk

RYSE vs. HYKE — Risk / Return Rank

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

RYSE

RYSE Risk / Return Rank: 23
RYSE Sharpe Ratio Rank: 25
RYSE Sortino Ratio Rank: 25
RYSE Omega Ratio Rank: 22
RYSE Calmar Ratio Rank: 22
RYSE Martin Ratio Rank: 19

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.

RYSE vs. HYKE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cboe Vest 10 Year Interest Rate Hedge ETF (RYSE) 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.

	RYSE	HYKE	Difference
Sharpe ratio Return per unit of total volatility	0.50	—	—
Sortino ratio Return per unit of downside risk	0.81	—	—
Omega ratio Gain probability vs. loss probability	1.09	—	—
Calmar ratio Return relative to maximum drawdown	0.52	—	—
Martin ratio Return relative to average drawdown	1.07	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	RYSE	HYKE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	—	—

Dividends

RYSE vs. HYKE - Dividend Comparison

RYSE's dividend yield for the trailing twelve months is around 1.37%, while HYKE has not paid dividends to shareholders.

	TTM	2025	2024	2023
RYSE Cboe Vest 10 Year Interest Rate Hedge ETF	1.37%	1.86%	2.58%	24.91%
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%	0.00%	0.00%	0.00%

Drawdowns

RYSE vs. HYKE - Drawdown Comparison

The maximum RYSE drawdown since its inception was -19.70%, which is greater than HYKE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for RYSE and HYKE.

Drawdown Indicators

	RYSE	HYKE	Difference
Max Drawdown Largest peak-to-trough decline	-19.70%	0.00%	-19.70%
Max Drawdown (1Y) Largest decline over 1 year	-8.23%	—	—
Current Drawdown Current decline from peak	-7.83%	0.00%	-7.83%
Average Drawdown Average peak-to-trough decline	-9.25%	0.00%	-9.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.04%	—	—

Volatility

Volatility by Period

	RYSE	HYKE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.63%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.01%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.68%	0.00%	+12.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.32%	0.00%	+15.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.32%	0.00%	+15.32%