SSFI vs. HYKE

Last updated Jun 24, 2026

SSFI (Day Hagan/Ned Davis Research Smart Sector Fixed Income ETF) and HYKE (Vest 2 Year Interest Rate Hedge ETF) are both Nontraditional Bonds funds. Both are actively managed. SSFI charges 0.81%/yr vs 0.85%/yr for HYKE.

Performance

SSFI vs. HYKE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Day Hagan/Ned Davis Research Smart Sector Fixed Income ETF (SSFI) and Vest 2 Year Interest Rate Hedge ETF (HYKE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SSFI

• 1D: 0.04%
• 1M: 0.89%
• YTD: 0.53%
• 6M: 0.58%
• 1Y: 3.79%
• 3Y*: 3.18%
• 5Y*: —
• 10Y*: —

HYKE

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

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

SSFI vs. HYKE - Yearly Performance Comparison

	2026 (YTD)
SSFI Day Hagan/Ned Davis Research Smart Sector Fixed Income ETF	1.52%
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%

Return for Risk

SSFI vs. HYKE — Risk / Return Rank

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

SSFI

SSFI Risk / Return Rank: 29
SSFI Sharpe Ratio Rank: 28
SSFI Sortino Ratio Rank: 28
SSFI Omega Ratio Rank: 26
SSFI Calmar Ratio Rank: 31
SSFI Martin Ratio Rank: 32

HYKE

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.

SSFI vs. HYKE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Day Hagan/Ned Davis Research Smart Sector Fixed Income ETF (SSFI) 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.

	SSFI	HYKE	Difference
Sharpe ratio: Return per unit of total volatility	0.96	—	—
Sortino ratio: Return per unit of downside risk	1.45	—	—
Omega ratio: Gain probability vs. loss probability	1.17	—	—
Calmar ratio: Return relative to maximum drawdown	1.44	—	—
Martin ratio: Return relative to average drawdown	4.41	—	—

Drawdowns

SSFI vs. HYKE - Drawdown Comparison

The maximum SSFI drawdown since its inception was -16.07%, which is greater than HYKE's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SSFI and HYKE.

Drawdown Indicators

	SSFI	HYKE	Difference
Max Drawdown Largest peak-to-trough decline	-16.07%	0.00%	-16.07%
Max Drawdown (1Y) Largest decline over 1 year	-2.64%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-6.72%	—	—
Current Drawdown Current decline from peak	-1.94%	0.00%	-1.94%
Average Drawdown Average peak-to-trough decline	-7.51%	0.00%	-7.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.86%	—	—

Volatility

Volatility by Period

	SSFI	HYKE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.88%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.96%	0.00%	+3.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.75%	0.00%	+5.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.75%	0.00%	+5.75%

SSFI vs. HYKE - Expense Ratio Comparison

SSFI has a 0.81% expense ratio, which is lower than HYKE's 0.85% expense ratio.

Dividends

SSFI vs. HYKE - Dividend Comparison

SSFI's dividend yield for the trailing twelve months is around 3.36%, while HYKE has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
HYKE Vest 2 Year Interest Rate Hedge ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SSFI Day Hagan/Ned Davis Research Smart Sector Fixed Income ETF	3.36%	3.51%	3.64%	3.97%	1.87%	0.71%

Frequently Asked Questions

Which ETF is better, SSFI or HYKE?

On fees, SSFI is cheaper at 0.81% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SSFI or HYKE?

SSFI is cheaper with a 0.81% expense ratio, compared with 0.85% for HYKE.

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

SSFI has the higher dividend yield at 3.36%, compared with 0.00% for HYKE.

What is the main difference between SSFI and HYKE?

They also come from different issuers: Day Hagan and Cboe Vest. Their fees differ too: 0.81% for SSFI and 0.85% for HYKE.