WFHY vs. BPH

Last updated Jun 5, 2026

WFHY (WisdomTree U.S. High Yield Corporate Bond Fund) and BPH (BP p.l.c. ADRhedged ETF) are both exchange-traded funds - WFHY is a High Yield Bonds fund tracking the WisdomTree Fundamental U.S. High Yield Corporate Bond Index, while BPH is a Oil & Gas fund actively managed by Precidian. WFHY is passively managed, while BPH is actively managed. At a 0.29 correlation, their price movements are largely independent. WFHY charges 0.38%/yr vs 0.19%/yr for BPH.

Performance

WFHY vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. High Yield Corporate Bond Fund (WFHY) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WFHY

• 1D: 0.05%
• 1M: 0.46%
• YTD: 1.51%
• 6M: 1.74%
• 1Y: 7.04%
• 3Y*: 8.17%
• 5Y*: 3.22%
• 10Y*: 4.96%

BPH

• 1D: 0.38%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WFHY vs. BPH - Yearly Performance Comparison

	2026 (YTD)
WFHY WisdomTree U.S. High Yield Corporate Bond Fund	0.17%
BPH BP p.l.c. ADRhedged ETF	3.22%

Correlation

The correlation between WFHY and BPH is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 27, 2026	0.29

Return for Risk

WFHY vs. BPH — Risk / Return Rank

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

WFHY

WFHY Risk / Return Rank: 61
WFHY Sharpe Ratio Rank: 59
WFHY Sortino Ratio Rank: 64
WFHY Omega Ratio Rank: 64
WFHY Calmar Ratio Rank: 53
WFHY Martin Ratio Rank: 65

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.

WFHY vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. High Yield Corporate Bond Fund (WFHY) and BP p.l.c. ADRhedged ETF (BPH). 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.

	WFHY	BPH	Difference
Sharpe ratio: Return per unit of total volatility	1.95	—	—
Sortino ratio: Return per unit of downside risk	2.95	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	2.55	—	—
Martin ratio: Return relative to average drawdown	11.61	—	—
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

	WFHY	BPH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.95	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	9.79	-9.18

Drawdowns

WFHY vs. BPH - Drawdown Comparison

The maximum WFHY drawdown since its inception was -22.74%, which is greater than BPH's maximum drawdown of -2.35%. Use the drawdown chart below to compare losses from any high point for WFHY and BPH.

Drawdown Indicators

	WFHY	BPH	Difference
Max Drawdown Largest peak-to-trough decline	-22.74%	-2.35%	-20.39%
Max Drawdown (1Y) Largest decline over 1 year	-2.77%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-4.58%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.21%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-22.74%	—	—
Current Drawdown Current decline from peak	-0.03%	0.00%	-0.03%
Average Drawdown Average peak-to-trough decline	-2.75%	-0.93%	-1.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.61%	—	—

Volatility

Volatility by Period

	WFHY	BPH	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.07%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.86%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.64%	23.51%	-19.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.57%	23.51%	-15.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.20%	23.51%	-15.31%

WFHY vs. BPH - Expense Ratio Comparison

WFHY has a 0.38% expense ratio, which is higher than BPH's 0.19% expense ratio.

Dividends

WFHY vs. BPH - Dividend Comparison

WFHY's dividend yield for the trailing twelve months is around 6.25%, while BPH has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BPH BP p.l.c. ADRhedged ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WFHY WisdomTree U.S. High Yield Corporate Bond Fund	6.25%	6.26%	6.40%	6.11%	5.44%	4.09%	4.80%	5.21%	5.93%	6.47%	4.39%

Frequently Asked Questions

Can I hold both WFHY and BPH in my portfolio?

WFHY and BPH have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WFHY or BPH?

On fees, BPH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WFHY or BPH?

BPH is cheaper with a 0.19% expense ratio, compared with 0.38% for WFHY.

Which ETF pays a higher dividend yield, WFHY or BPH?

WFHY has the higher dividend yield at 6.25%, compared with 0.00% for BPH.

What is the main difference between WFHY and BPH?

WFHY is categorized as High Yield Bonds, while BPH is Oil & Gas. They also come from different issuers: WisdomTree and Precidian. Their fees differ too: 0.38% for WFHY and 0.19% for BPH.