WisdomTree Interest Rate Hedged High Yield… (HYZD) Performance
HYZD total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +3.4% since Dec 31, 2025
- 1 year
- +5.1% total return
- 5 years
- +5.9% a year
- 10 years
- +5.0% a year
- Since first price
- +4.3% a year since 2013
HYZD trailing returns vs AGG, TLT, SPY
| Period | HYZD total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −0.9% | −1.4% | +0.9% | +1.5% | −1.0% |
| 3 months | +0.1% | −1.4% | −0.4% | −1.0% | +3.2% |
| 6 months | +1.7% | −1.2% | −1.5% | −3.8% | +7.8% |
| YTD | +3.4% | −1.0% | −1.0% | −3.4% | +12.3% |
| 1 year | +5.1% | −0.8% | −1.1% | −6.9% | +14.4% |
| 3 years | +28.2%+8.6%/yr | +6.8% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +33.3%+5.9%/yr | 0.0% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| 10 years | +62.2%+5.0%/yr | −5.8% | +14.0%+1.3%/yr | −18.7%−2.0%/yr | +315.9%+15.3%/yr |
| Since inceptionDec 18, 2013 | +72.6%+4.3%/yr | −10.8% | — | — | — |
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: HYZD vs AGG
From Dec 18, 2013: HYZD grew to $17,262, AGG to $12,769.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
HYZD returns by calendar year
7 of 12 full years positive. Best 2016 (+14.9%), worst 2014 (−4.1%). 2026 is year to date.
HYZD annual returns table
| Year | HYZD | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +3.4% | −1.9% | −1.0% | −3.4% | +12.3% |
| 2025 | +7.7% | −5.9% | +7.2% | +4.3% | +17.7% |
| 2024 | +9.4% | −2.7% | +1.3% | −8.1% | +24.9% |
| 2023 | +11.2% | −5.0% | +5.7% | +2.8% | +26.2% |
| 2022 | −2.4% | −9.0% | −13.0% | −31.2% | −18.2% |
| 2021 | +6.3% | −2.1% | −1.8% | −4.6% | +28.7% |
| 2020 | −0.6% | −25.7% | +7.5% | +18.2% | +18.3% |
| 2019 | +9.2% | −2.2% | +8.5% | +14.1% | +31.2% |
| 2018 | −2.2% | −7.2% | +0.1% | −1.6% | −4.6% |
| 2017 | +6.3% | −2.4% | +3.6% | +9.2% | +21.7% |
| 2016 | +14.9% | −8.5% | +2.4% | +1.2% | +12.0% |
| 2015 | −1.0% | −9.2% | +0.5% | −1.8% | +1.2% |
| 2014 | −4.1% | −8.5% | +6.0% | +27.3% | +13.5% |
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.
HYZD largest drawdowns
Now 1.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 14, 2020 | −25.7% | Mar 24, 2020 | Feb 26, 2021 | 39 days | 1.0 years |
| Apr 10, 2014 | −16.0% | Feb 17, 2016 | Aug 12, 2016 | 1.9 years | 2.3 years |
| Apr 4, 2022 | −9.0% | Jul 5, 2022 | Jan 12, 2023 | 3 months | 9 months |
| Oct 3, 2018 | −7.2% | Dec 27, 2018 | Apr 3, 2019 | 3 months | 6 months |
| Jan 30, 2025 | −5.9% | Apr 8, 2025 | May 13, 2025 | 2 months | 3 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
HYZD risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2013 |
|---|---|---|---|---|
| Annualized return | +8.3% | +6.0% | +5.0% | +4.4% |
| Volatility (annualized) | 3.5% | 6.0% | 7.8% | 7.6% |
| Sharpe ratio | 1.07 | 0.42 | 0.37 | 0.38 |
| Sortino ratio | 2.16 | 0.65 | 0.48 | 0.49 |
| Best month | +3.0% | +5.0% | +6.9% | +6.9% |
| Worst month | −1.2% | −6.4% | −16.3% | −16.3% |
| Best 12 months | +12.6% | +14.2% | +24.4% | +24.4% |
| Worst 12 months | +5.1% | −5.2% | −15.0% | −15.0% |
| Positive months | 78% | 67% | 68% | 67% |
| Beta vs S&P 500 | 0.23 | 0.31 | 0.39 | — |
| Correlation with S&P 500 | 0.81 | 0.82 | 0.77 | — |
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.
HYZD rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 143 | −15.0% | +5.2% | +24.4% | 74% |
| 3-year (a year) | 119 | −3.0% | +4.9% | +10.5% | 96% |
| 5-year (a year) | 95 | +0.2% | +3.9% | +8.9% | 100% |
| 10-year (a year) | 35 | +3.6% | +4.8% | +6.2% | 100% |
Every holding period starting at a month-end since 2013. Returns for 3 years and longer are annualized.
HYZD performance overview
WisdomTree Interest Rate Hedged High Yield… (HYZD) returned +5.1% over the past year and +5.0% a year over ten years, with distributions reinvested. Since its first recorded price in 2013 it has returned +4.3% a year, turning $10,000 into about $17,262. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −25.7%, from Feb 14, 2020 to Mar 24, 2020, and it took 11 months to get back to the old high. HYZD finished 7 of its 12 full calendar years with a gain; the best year was 2016 (+14.9%) and the worst 2014 (−4.1%). Volatility has been 7.6% a year.
Related: HYZD chart, HYZD dividends, HYZD bond profile. See the HYZD overview for the latest quote and fund facts.
HYZD performance FAQ
What is the HYZD return over the past year?
HYZD returned +5.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 0.8%.
What is the average annual return of HYZD?
HYZD has returned +5.9% a year over 5 years, +5.0% a year over 10 years, +4.3% a year since December 18, 2013 (total return, distributions reinvested).
How much would $10,000 invested in HYZD be worth?
$10,000 invested in HYZD at its first recorded close on December 18, 2013 would be worth about $17,262 on October 23, 2026 with distributions reinvested.
What was the worst year for HYZD?
The worst calendar year was 2014, with a total return of −4.1%. The best was 2016 at +14.9%.
What is the biggest drawdown of HYZD?
The largest peak-to-trough decline was −25.7% between February 14, 2020 and March 24, 2020. It recovered to the old high on February 26, 2021, 11 months after the bottom.
How volatile is HYZD?
Over the past 3 years HYZD had an annualized volatility of 3.5% and a Sharpe ratio of 1.07 (excess return over 1–3 month T-bills per unit of risk).