RYSE vs. HYKE

Last updated Aug 1, 2026

RYSE (Vest 10 Year Interest Rate Hedge ETF) and HYKE (Vest 2 Year Interest Rate Hedge ETF) are both Nontraditional Bonds funds. Both are actively managed. Both charge a 0.85% expense ratio.

Performance

RYSE vs. HYKE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 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.

Returns By Period

RYSE

• 1D: 0.00%
• 1M: 0.00%
• 6M: 1.52%
• YTD: 2.52%
• 1Y: 5.23%
• 3Y*: 2.10%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.90%

HYKE

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

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HYKE Vest 2 Year Interest Rate Hedge ETF	$0.00	$0.00	$0.00
RYSE Vest 10 Year Interest Rate Hedge ETF	$0.00	$0.00	$0.00

RYSE vs. HYKE - Yearly Performance Comparison

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

Return for Risk

RYSE vs. HYKE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

RYSE

RYSE Risk / Return Rank: 18
RYSE Sharpe Ratio Rank: 18
RYSE Sortino Ratio Rank: 17
RYSE Omega Ratio Rank: 18
RYSE Calmar Ratio Rank: 18
RYSE Martin Ratio Rank: 19

HYKE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

RYSE vs. HYKE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 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.

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.

	RYSE	HYKE	Difference
Sharpe ratio: Return per unit of total volatility	0.31	—	—
Sortino ratio: Return per unit of downside risk	0.51	—	—
Omega ratio: Gain probability vs. loss probability	1.07	—	—
Calmar ratio: Return relative to maximum drawdown	0.40	—	—
Martin ratio: Return relative to average drawdown	1.12	—	—

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	-7.06%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.70%	—	—
Current Drawdown Current decline from peak	-7.83%	0.00%	-7.83%
Average Drawdown Average peak-to-trough decline	-9.11%	0.00%	-9.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.58%	—	—

Volatility

Volatility by Period

	RYSE	HYKE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.77%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.33%	0.00%	+9.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.57%	0.00%	+14.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.57%	0.00%	+14.57%

RYSE vs. HYKE - Expense Ratio Comparison

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

Dividends

RYSE vs. HYKE - Dividend Comparison

RYSE's dividend yield for the trailing twelve months is around 0.93%, while HYKE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%	0.00%	0.00%	0.00%
RYSE Vest 10 Year Interest Rate Hedge ETF	0.93%	1.86%	2.58%	24.91%

Frequently Asked Questions

Which ETF is better, RYSE or HYKE?

Both ETFs have the same 0.85% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RYSE or HYKE?

RYSE and HYKE have the same expense ratio: 0.85% per year.

Which ETF pays a higher dividend yield, RYSE or HYKE?

RYSE has the higher dividend yield at 0.93%, compared with 0.00% for HYKE.

What is the main difference between RYSE and HYKE?

They also come from different issuers: Vest and CBOE Vest.