WTKWY vs. FHYS

Last updated Aug 1, 2026

WTKWY (Wolters Kluwer NV) is a stock, while FHYS (Federated Hermes Short Duration High Yield ETF) is High Yield Bonds fund actively managed by Federated. Over the past 3 years, WTKWY returned -12.58%/yr vs 7.21%/yr for FHYS. Their 0.26 correlation means their historical movements had little consistent relationship.

Performance

WTKWY vs. FHYS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Wolters Kluwer NV (WTKWY) and Federated Hermes Short Duration High Yield ETF (FHYS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTKWY achieves a -22.49% return, which is significantly lower than FHYS's 1.69% return.

WTKWY

• 1D: -1.28%
• 1M: 18.62%
• 6M: -14.17%
• YTD: -22.49%
• 1Y: -47.44%
• 3Y*: -12.58%
• 5Y*: -5.62%
• 10Y*: 8.42%
• ALL TIME*: 7.17%

FHYS

• 1D: -0.08%
• 1M: -0.27%
• 6M: 1.41%
• YTD: 1.69%
• 1Y: 4.84%
• 3Y*: 7.21%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 4.33%

*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)
FHYS Federated Hermes Short Duration High Yield ETF	$243.03K	$357.29K	$377.47K
WTKWY Wolters Kluwer NV	$6.64M	$7.50M	$6.60M

WTKWY vs. FHYS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
WTKWY Wolters Kluwer NV	-22.49%	-36.20%	17.53%	36.95%	-9.84%	1.92%
FHYS Federated Hermes Short Duration High Yield ETF	1.69%	7.72%	7.23%	10.88%	-7.31%	0.73%

Correlation

The correlation between WTKWY and FHYS is 0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.07
Correlation (3Y) Balances recent behavior with more history.	0.17
Correlation (All Time) Calculated using the full available price history since Dec 17, 2021	0.26

The correlation between WTKWY and FHYS shifts across timeframes, from 0.07 (1 year) to 0.26 (all time), reflecting how their relationship changes across market environments.

Return for Risk

WTKWY vs. FHYS — Risk / Return Rank

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

WTKWY

WTKWY Risk / Return Rank: 7
WTKWY Sharpe Ratio Rank: 2
WTKWY Sortino Ratio Rank: 3
WTKWY Omega Ratio Rank: 4
WTKWY Calmar Ratio Rank: 11
WTKWY Martin Ratio Rank: 16

FHYS

FHYS Risk / Return Rank: 84
FHYS Sharpe Ratio Rank: 80
FHYS Sortino Ratio Rank: 85
FHYS Omega Ratio Rank: 85
FHYS Calmar Ratio Rank: 81
FHYS Martin Ratio Rank: 91

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.

WTKWY vs. FHYS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wolters Kluwer NV (WTKWY) and Federated Hermes Short Duration High Yield ETF (FHYS). 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.

	WTKWY	FHYS	Difference
Sharpe ratio: Return per unit of total volatility	-1.24	1.83	-3.07
Sortino ratio: Return per unit of downside risk	-1.96	2.83	-4.79
Omega ratio: Gain probability vs. loss probability	0.77	1.37	-0.60
Calmar ratio: Return relative to maximum drawdown	-0.83	2.96	-3.79
Martin ratio: Return relative to average drawdown	-1.20	14.74	-15.94

WTKWY vs. FHYS - Sharpe Ratio Comparison

The current WTKWY Sharpe Ratio is -1.24, which is lower than the FHYS Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of WTKWY and FHYS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WTKWY vs. FHYS - Drawdown Comparison

The maximum WTKWY drawdown since its inception was -65.12%, which is greater than FHYS's maximum drawdown of -11.62%. Use the drawdown chart below to compare losses from any high point for WTKWY and FHYS.

Drawdown Indicators

	WTKWY	FHYS	Difference
Max Drawdown Largest peak-to-trough decline	-65.12%	-11.62%	-53.50%
Max Drawdown (1Y) Largest decline over 1 year	-57.76%	-1.66%	-56.10%
Max Drawdown (3Y) Largest decline over 3 years	-65.12%	-3.16%	-61.96%
Max Drawdown (5Y) Largest decline over 5 years	-65.12%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-65.12%	—	—
Current Drawdown Current decline from peak	-56.88%	-0.39%	-56.49%
Average Drawdown Average peak-to-trough decline	-16.79%	-2.21%	-14.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	40.33%	0.33%	+40.00%

Volatility

WTKWY vs. FHYS - Volatility Comparison

Wolters Kluwer NV (WTKWY) has a higher volatility of 14.87% compared to Federated Hermes Short Duration High Yield ETF (FHYS) at 0.65%. This indicates that WTKWY's price experiences larger fluctuations and is considered to be riskier than FHYS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WTKWY	FHYS	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.87%	0.65%	+14.22%
Volatility (6M) Calculated over the trailing 6-month period	32.50%	2.25%	+30.25%
Volatility (1Y) Calculated over the trailing 1-year period	38.85%	2.69%	+36.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.87%	4.88%	+21.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.11%	4.88%	+19.23%

Dividends

WTKWY vs. FHYS - Dividend Comparison

WTKWY's dividend yield for the trailing twelve months is around 3.76%, less than FHYS's 5.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FHYS Federated Hermes Short Duration High Yield ETF	5.93%	5.96%	6.42%	6.76%	6.25%	0.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WTKWY Wolters Kluwer NV	3.76%	2.56%	1.43%	0.55%	1.64%	1.43%	1.54%	1.35%	1.72%	2.82%	4.55%	2.98%

Frequently Asked Questions

Can I hold both WTKWY and FHYS in my portfolio?

WTKWY and FHYS have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WTKWY or FHYS?

WTKWY has higher volatility (14.87%) compared to FHYS (0.65%). In terms of maximum drawdown, WTKWY dropped -65.12% vs FHYS's -11.62%.

Which has better risk-adjusted returns?

FHYS currently has the higher Sharpe Ratio (1.83 vs -1.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.