THNQ vs. HYLD

Last updated Aug 2, 2026

THNQ (ROBO Global Artificial Intelligence ETF) and HYLD (High Yield ETF) are both exchange-traded funds - THNQ is a Artificial Intelligence fund tracking the ROBO Global Artificial Intelligence Index, while HYLD is a High Yield Bonds fund actively managed by Exchange Traded Concepts. THNQ is passively managed, while HYLD is actively managed. Their 0.20 correlation means their historical movements had little consistent relationship. THNQ charges 0.68%/yr vs 1.29%/yr for HYLD.

Performance

THNQ vs. HYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ROBO Global Artificial Intelligence ETF (THNQ) and High Yield ETF (HYLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

THNQ

• 1D: 1.65%
• 1M: -4.13%
• 6M: 31.35%
• YTD: 33.15%
• 1Y: 55.63%
• 3Y*: 30.82%
• 5Y*: 14.49%
• 10Y*: —
• ALL TIME*: 21.75%

HYLD

• 1D: —
• 1M: —
• 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)
THNQ ROBO Global Artificial Intelligence ETF	$1.82M	$1.71M	$2.47M

THNQ vs. HYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
THNQ ROBO Global Artificial Intelligence ETF	33.15%	29.83%	18.82%	56.81%	-39.84%	9.10%	60.92%
HYLD High Yield ETF	0.00%	0.00%	0.00%	2.80%	-11.48%	5.41%	28.08%

Correlation

The correlation between THNQ and HYLD is 0.20, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (3Y) Balances recent behavior with more history.	0.02
Correlation (5Y) Shows whether the relationship held over a longer period.	0.25
Correlation (All Time) Calculated using the full available price history since May 11, 2020	0.20

The correlation between THNQ and HYLD shifts across timeframes, from 0.02 (3 years) to 0.25 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

THNQ vs. HYLD — Risk / Return Rank

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

THNQ

THNQ Risk / Return Rank: 71
THNQ Sharpe Ratio Rank: 75
THNQ Sortino Ratio Rank: 70
THNQ Omega Ratio Rank: 66
THNQ Calmar Ratio Rank: 78
THNQ Martin Ratio Rank: 66

HYLD

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.

THNQ vs. HYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ROBO Global Artificial Intelligence ETF (THNQ) 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.

	THNQ	HYLD	Difference
Sharpe ratio: Return per unit of total volatility	1.70	—	—
Sortino ratio: Return per unit of downside risk	2.26	—	—
Omega ratio: Gain probability vs. loss probability	1.28	—	—
Calmar ratio: Return relative to maximum drawdown	2.78	—	—
Martin ratio: Return relative to average drawdown	7.92	—	—

Drawdowns

Drawdown Indicators

	THNQ	HYLD	Difference
Max Drawdown Largest peak-to-trough decline	-50.56%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-18.39%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-29.88%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-50.56%	—	—
Current Drawdown Current decline from peak	-9.60%	—	—
Average Drawdown Average peak-to-trough decline	-14.88%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	6.45%	—	—

Volatility

Volatility by Period

	THNQ	HYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.75%	—	—
Volatility (6M) Calculated over the trailing 6-month period	24.75%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	30.08%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.80%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.97%	—	—

THNQ vs. HYLD - Expense Ratio Comparison

THNQ has a 0.68% expense ratio, which is lower than HYLD's 1.29% expense ratio.

Dividends

THNQ vs. HYLD - Dividend Comparison

THNQ's dividend yield for the trailing twelve months is around 0.15%, 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%
THNQ ROBO Global Artificial Intelligence ETF	0.15%	0.20%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both THNQ and HYLD in my portfolio?

THNQ and HYLD have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, THNQ or HYLD?

On fees, THNQ is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, THNQ or HYLD?

THNQ is cheaper with a 0.68% expense ratio, compared with 1.29% for HYLD.

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

THNQ has the higher dividend yield at 0.15%, compared with 0.00% for HYLD.

What is the main difference between THNQ and HYLD?

THNQ is categorized as Artificial Intelligence, while HYLD is High Yield Bonds. Their fees differ too: 0.68% for THNQ and 1.29% for HYLD.