Counterpoint High Yield Trend ETF
$20.83+0.04 (+0.19%)
- 1.00%
- $296M
- +1.5%
- 5.95%
- 0.1M sh
- $20.80
- low $20.71high $21.95
The ETF.net HYTR Grade
C
Score 42 out of 100
- 62 of 85
Score 42 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F2 out of 100Rank 83 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.A96 out of 100Rank 28 of 74Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D39 out of 100Rank 73 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C49 out of 100Rank 39 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F19 out of 100Rank 83 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B58 out of 100Rank 36 of 85
Our read on HYTR
CMost high yield ETFs buy the junk bond market and hold on. HYTR instead tracks the CP High Yield Trend Index, a rules-based trend strategy that can use total return swaps to get its exposure. Different engine, same neighborhood.
The Fund seeks to equal or exceed the performance of the CP High Yield Trend Index before fees and expenses. It invests at least 80% of assets in the Index’s constituents or economic equivalents, including qualifying total return swaps.
Why people hold it
- Follows a trend-driven index rather than the standard market-weighted junk bond basket, so the exposure moves by rule instead of sitting fixed.
- Does what the prospectus says: at least 80% of assets in the index's constituents or economic equivalents, and the portfolio has tracked that mandate tightly.
- Live since January 2020, so the strategy has a real-money record through actual credit markets, not just a backtest.
Worth knowing
- Cost is the trade-off: 0.79% a year, while plain index trackers in the category such as SCYB, SPHY and USHY charge a few basis points.
- Exposure can be obtained through total return swaps, which brings counterparty considerations a straight bond portfolio does not have.
- Distributions land on an irregular schedule rather than a fixed monthly rhythm, so income timing is uneven.
HYTR Holdings
- Bonds
- 2
- 100%
- BIL
Sectors
- Energy90.3%
- Technology9.3%
- Real Estate0.5%
Geography
- United States100.00%
HYTR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
HYTR$10,148
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | HYTR |
|---|---|
| Year to date | −0.7% |
| 1 month | −1.0% |
| 3 months | −1.3% |
| 1 year | +1.5% |
| 3 years | +6.3% |
| 5 years | +1.8% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | HYTR |
|---|---|---|
| 2026 YTD | −0.7% | |
| 2025 | +6.0% | |
| 2024 | +7.2% | |
| 2023 | +8.3% | |
| 2022 | −11.3% | |
| 2021 | +2.8% | |
| 2020 | −1.0% |
HYTR in the news
HYTR Dividends
- 5.95%
- $1.24
- $0.11 per share
- Monthly
Distribution history
HYTR Risk
- 4.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.30
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −13.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.64
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
HYTR Cost
1.00%
HYTR1.00%
- The middle half of US High Yield funds
- Median 0.43%
82 of the 85 US High Yield funds charge less.
Other funds in US High Yield
- CGBHIGabelli ETFs Trust - Gabelli High Income ETFExpense ratio 0.56%1 year return —
- CHYBINEOS Enhanced Income Credit Select ETFExpense ratio 0.72%1 year return +4.3%
- CBNDSInfrastructure Capital Bond Income ETFExpense ratio 0.88%1 year return +3.8%
- CCPHYF/m Compoundr High Yield Bond ETFExpense ratio 0.35%1 year return +1.4%
- CLENDSEI High Yield Bond & Alternative Credit ETFExpense ratio 0.65%1 year return —