WisdomTree Alternative Income Fund (HYIN) Performance
HYIN total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −15.2% since Dec 31, 2025
- 1 year
- −15.2% total return
- 5 years
- −3.3% a year
- Since first price
- −2.0% a year since 2021
HYIN trailing returns vs AGG, TLT, SPY
| Period | HYIN total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −6.1% | −7.1% | +0.9% | +1.5% | −1.0% |
| 3 months | −8.9% | −11.5% | −0.4% | −1.0% | +3.2% |
| 6 months | −12.7% | −17.7% | −1.5% | −3.8% | +7.8% |
| YTD | −15.2% | −22.5% | −1.0% | −3.4% | +12.3% |
| 1 year | −15.2% | −25.2% | −1.1% | −6.9% | +14.4% |
| 3 years | +4.6%+1.5%/yr | −27.2% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | −15.5%−3.3%/yr | −52.4% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionMay 6, 2021 | −10.2%−2.0%/yr | −50.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: HYIN vs AGG
From May 6, 2021: HYIN grew to $8,978, AGG to $9,946.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
HYIN returns by calendar year
2 of 4 full years positive. Best 2023 (+21.8%), worst 2022 (−21.1%). 2026 is year to date.
HYIN annual returns table
| Year | HYIN | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −15.2% | −20.3% | −1.0% | −3.4% | +12.3% |
| 2025 | −0.5% | −15.9% | +7.2% | +4.3% | +17.7% |
| 2024 | +7.4% | −6.7% | +1.3% | −8.1% | +24.9% |
| 2023 | +21.8% | −16.4% | +5.7% | +2.8% | +26.2% |
| 2022 | −21.1% | −30.3% | −13.0% | −31.2% | −18.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
HYIN largest drawdowns
Now 20.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 5, 2021 | −31.1% | Oct 10, 2022 | Jul 11, 2024 | 11 months | 2.7 years |
| Sep 8, 2025 | −22.2% | Oct 19, 2026 | not yet | 1.1 years | 1.1 years so far |
| Feb 28, 2025 | −15.9% | Apr 8, 2025 | Sep 4, 2025 | 39 days | 6 months |
| Jul 23, 2024 | −6.7% | Aug 5, 2024 | Sep 16, 2024 | 13 days | 55 days |
| Jun 9, 2021 | −6.0% | Jul 19, 2021 | Oct 19, 2021 | 40 days | 4 months |
| Sep 19, 2024 | −5.5% | Dec 19, 2024 | Feb 6, 2025 | 3 months | 5 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
HYIN risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +0.4% | −1.9% | −1.6% |
| Volatility (annualized) | 12.9% | 18.8% | 18.2% |
| Sharpe ratio | -0.25 | -0.20 | -0.18 |
| Sortino ratio | -0.33 | -0.28 | -0.25 |
| Best month | +9.3% | +13.8% | +13.8% |
| Worst month | −9.2% | −17.5% | −17.5% |
| Best 12 months | +22.5% | +23.9% | +23.9% |
| Worst 12 months | −13.4% | −27.6% | −27.6% |
| Positive months | 53% | 50% | 50% |
| Beta vs S&P 500 | 0.62 | 0.91 | — |
| Correlation with S&P 500 | 0.60 | 0.76 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
HYIN rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 54 | −27.6% | −0.1% | +23.9% | 50% |
| 3-year (a year) | 30 | −0.1% | +3.6% | +13.1% | 97% |
| 5-year (a year) | 6 | −3.2% | −0.4% | −0.1% | 0% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
HYIN performance overview
WisdomTree Alternative Income Fund (HYIN) returned −15.2% over the past year and −3.3% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned −2.0% a year, turning $10,000 into about $8,978. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −31.1%, from Nov 5, 2021 to Oct 10, 2022, and it took 1.8 years to get back to the old high. HYIN finished 2 of its 4 full calendar years with a gain; the best year was 2023 (+21.8%) and the worst 2022 (−21.1%). Volatility has been 18.2% a year.
Related: HYIN chart, HYIN holdings, HYIN dividends, HYIN bond profile. See the HYIN overview for the latest quote and fund facts.
HYIN performance FAQ
What is the HYIN return over the past year?
HYIN returned −15.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 25.2%.
What is the average annual return of HYIN?
HYIN has returned −3.3% a year over 5 years, −2.0% a year since May 6, 2021 (total return, distributions reinvested).
How much would $10,000 invested in HYIN be worth?
$10,000 invested in HYIN at its first recorded close on May 6, 2021 would be worth about $8,978 on October 23, 2026 with distributions reinvested.
What was the worst year for HYIN?
The worst calendar year was 2022, with a total return of −21.1%. The best was 2023 at +21.8%.
What is the biggest drawdown of HYIN?
The largest peak-to-trough decline was −31.1% between November 5, 2021 and October 10, 2022. It recovered to the old high on July 11, 2024, 1.8 years after the bottom.
How volatile is HYIN?
Over the past 3 years HYIN had an annualized volatility of 12.9% and a Sharpe ratio of -0.25 (excess return over 1–3 month T-bills per unit of risk).