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Trending ETFs

WisdomTree Interest Rate Hedged High Yield Bond Fund

etf
HYZD
Dividend policy
Active
Price as of:
$21.85 -0.05 0%
primary theme
Bond Sector Diversified
HYZD (ETF)

WisdomTree Interest Rate Hedged High Yield Bond Fund

Dividend policy
Active
Price as of:
$21.85 -0.05 0%
primary theme
Bond Sector Diversified
HYZD (ETF)
WisdomTree Interest Rate Hedged High Yield Bond Fund
Dividend policy
Active
Price as of:
$21.85 -0.05 0%
primary theme
Bond Sector Diversified

HYZD - Snapshot

Vitals

  • YTD Return 0.1%
  • 3 Yr Annualized Return 2.2%
  • 5 Yr Annualized Return 5.4%
  • Net Assets $116 M
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$21.90
$17.20
$23.39

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.43%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 101.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme Bond Sector Diversified
  • Fund Type Exchange Traded Fund
  • Investment Style Nontraditional Bond

Compare HYZD to Popular Bond Sector Diversified Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$12.08

+0.08%

$131.63 B

4.88%

$0.59

blocked
blocked
blocked

-0.25%

-

$10.39

+0.10%

$35.32 B

2.69%

$0.28

blocked
blocked
blocked

0.19%

-

$8.46

+0.12%

$20.24 B

3.67%

$0.31

blocked
blocked
blocked

0.59%

-

$12.60

+0.16%

$15.65 B

2.06%

$0.26

blocked
blocked
blocked

-0.08%

-

$9.76

0.00%

$15.00 B

4.61%

$0.45

blocked
blocked
blocked

-0.41%

-

Compare HYZD to Popular Bond Sector Diversified ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$21.87

-0.05%

$812.17 M

2.64%

$0.58

blocked
blocked
blocked

-1.00%

-

$26.63

-0.19%

$242.34 M

3.04%

$0.81

blocked
blocked
blocked

-0.19%

-

$26.29

-0.10%

$122.13 M

2.84%

$0.75

blocked
blocked
blocked

0.11%

-

$21.85

-0.23%

$115.93 M

5.11%

$1.12

blocked
blocked
blocked

0.14%

-

$47.18

+0.09%

$89.75 M

2.28%

$1.08

blocked
blocked
blocked

0.11%

-

HYZD - Profile

Distributions

  • YTD Total Return 0.1%
  • 3 Yr Annualized Total Return 2.2%
  • 5 Yr Annualized Total Return 5.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 5.43%
DIVIDENDS
  • Dividend Yield 3.9%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    WisdomTree Interest Rate Hedged High Yield Bond Fund
  • Fund Family Name
    WisdomTree
  • Inception Date
    Dec 18, 2013
  • Shares Outstanding
    5300000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Randall Parrish

Fund Description

The index is designed to provide long exposure to the performance of selected issuers in the U.S. non-investment-grade corporate bond ("junk bonds") market that are deemed to have favorable fundamental and income characteristics while seeking to manage interest rate risk through the use of short positions in U.S. treasury securities. The fund is non-diversified.


HYZD - Performance

Return Ranking - Trailing

Period HYZD Return Category Return Low Category Return High Rank in Category (%)
YTD 0.1% -2.0% 5.6% 31.30%
1 Yr -0.8% -28.6% 24.1% 87.36%
3 Yr 2.2%* -17.9% 10.4% 82.92%
5 Yr 5.4%* -11.9% 14.1% 37.69%
10 Yr N/A* -1.2% 13.0% N/A

* Annualized

Return Ranking - Calendar

Period HYZD Return Category Return Low Category Return High Rank in Category (%)
2020 -5.8% -49.2% 314.3% 89.30%
2019 3.3% -35.1% 15.3% 69.10%
2018 -7.2% -48.0% 3.1% 80.07%
2017 1.2% -14.8% 11.2% 60.77%
2016 8.9% -11.2% 10.7% 1.94%

Total Return Ranking - Trailing

Period HYZD Return Category Return Low Category Return High Rank in Category (%)
YTD 0.1% -2.0% 5.6% 31.30%
1 Yr -0.8% -31.1% 24.1% 83.13%
3 Yr 2.2%* -19.5% 10.4% 78.68%
5 Yr 5.4%* -12.9% 14.1% 33.62%
10 Yr N/A* -1.2% 13.0% N/A

* Annualized

Total Return Ranking - Calendar

Period HYZD Return Category Return Low Category Return High Rank in Category (%)
2020 -5.8% -49.2% 314.3% 89.30%
2019 3.3% -35.1% 15.3% 69.25%
2018 -7.2% -48.0% 8.0% 85.69%
2017 1.2% -14.8% 15.2% 75.73%
2016 8.9% -11.2% 17.7% 8.14%

HYZD - Holdings

Concentration Analysis

HYZD Category Low Category High HYZD % Rank
Net Assets 116 M 1 M 132 B 77.39%
Number of Holdings 380 3 7676 50.41%
Net Assets in Top 10 -93.5 M -2.76 B 12 B 95.38%
Weighting of Top 10 N/A 4.8% 100.0% 6.02%

Top 10 Holdings

  1. Us 5yr Note (Cbt) Mar21 Xcbt 20210331 54.31%
  2. Us 5yr Note (Cbt) Mar21 Xcbt 20210331 54.31%
  3. Us 5yr Note (Cbt) Mar21 Xcbt 20210331 54.31%
  4. Us 5yr Note (Cbt) Mar21 Xcbt 20210331 54.31%
  5. Us 5yr Note (Cbt) Mar21 Xcbt 20210331 54.31%
  6. Us 5yr Note (Cbt) Mar21 Xcbt 20210331 54.31%
  7. Us 5yr Note (Cbt) Mar21 Xcbt 20210331 54.31%
  8. Us 5yr Note (Cbt) Mar21 Xcbt 20210331 54.31%
  9. Us 5yr Note (Cbt) Mar21 Xcbt 20210331 54.31%
  10. Us 5yr Note (Cbt) Mar21 Xcbt 20210331 54.31%

Asset Allocation

Weighting Return Low Return High HYZD % Rank
Cash
88.87% -229.11% 362.75% 2.99%
Bonds
9.29% -262.75% 9989800.00% 96.49%
Convertible Bonds
1.83% 0.00% 179.84% 46.06%
Stocks
0.00% -91.60% 170.77% 75.44%
Preferred Stocks
0.00% 0.00% 35.26% 66.98%
Other
0.00% -42.24% 120.57% 52.72%

Bond Sector Breakdown

Weighting Return Low Return High HYZD % Rank
Corporate
50.08% 0.00% 99.91% 39.40%
Cash & Equivalents
46.46% 0.01% 100.00% 5.30%
Government
3.47% 0.00% 98.23% 69.02%
Derivative
0.00% 0.00% 68.37% 65.76%
Securitized
0.00% 0.00% 99.25% 93.61%
Municipal
0.00% 0.00% 41.64% 55.03%

Bond Geographic Breakdown

Weighting Return Low Return High HYZD % Rank
US
7.87% -262.75% 219.84% 92.93%
Non US
1.42% -13.39% 231.13% 91.98%

HYZD - Expenses

Operational Fees

HYZD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.43% 0.01% 14.61% 98.01%
Management Fee 0.43% 0.00% 2.25% 9.09%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

HYZD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

HYZD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HYZD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 101.00% 0.00% 493.00% 56.47%

HYZD - Distributions

Dividend Yield Analysis

HYZD Category Low Category High HYZD % Rank
Dividend Yield 3.90% 0.00% 6.42% 0.26%

Dividend Distribution Analysis

HYZD Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

HYZD Category Low Category High HYZD % Rank
Net Income Ratio 5.43% -1.55% 18.14% 7.05%

Capital Gain Distribution Analysis

HYZD Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

HYZD - Fund Manager Analysis

Managers

Randall Parrish


Start Date

Tenure

Tenure Rank

Jun 04, 2020

0.58

0.6%

Randy Parrish, CFA Head of Credit Randy Parrish is head of credit and a senior high yield portfolio manager at Voya Investment Management. As head of credit, Randy oversees the high yield, investment grade and emerging market teams. Previously, Randy was head of high yield and served as a portfolio manager and analyst on the high yield team since joining Voya in 2001. Prior to joining the firm, he was a corporate banker in leveraged finance with SunTrust Bank and predecessors to Bank of America. Randy received a BBA in business administration from the University of Georgia and holds the Chartered Financial Analyst® designation.

Rick Cumberledge


Start Date

Tenure

Tenure Rank

Jun 04, 2020

0.58

0.6%

Rick Cumberledge, CFA Head of High Yield Rick Cumberledge is head of high yield and a senior high yield portfolio manager at Voya Investment Management. Prior to joining the firm, Rick spent nearly six years working at Federated Investors as a senior high yield credit analyst. His previous experience includes positions with American Capital Strategies, Bank of America and Allied Capital. Rick has a BA in business administration from Westminster College and an MSc in finance from the George Washington University. He holds the Chartered Financial Analyst® designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 29.65 5.5 2.0