Counterpoint High Yield Trend ETF
$20.88−0.12 (−0.58%)
- Expense ratio
- 1.00%
- Fund size
- $294M
- 1Y return
- +1.1%
- Yield · Last 12 months
- 5.90%
- Volume · 30D
- 0.1M sh
- NAV per share
- $20.97
- 52W range
The ETF.net HYTR Grade
Score 44 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 5Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 98Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 37Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 53Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.FScore 22Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 54Category rank
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
- —
- 101%
- BIL
Sectors
Geography
HYTR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | +0.1% |
| 1 month | −1.0% |
| 3 months | −0.3% |
| 1 year | +1.1% |
| 3 years | +6.1% |
| 5 years | +1.7% |
| 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 | +0.1% | |
| 2025 | +6.0% | |
| 2024 | +7.2% | |
| 2023 | +8.3% | |
| 2022 | −11.3% | |
| 2021 | +2.8% | |
| 2020 | −1.0% |
HYTR in the news
ETF.net Research hasn’t filed on HYTR yet — coverage lands here as it’s written.
HYTR Dividends
- 5.90%
- $1.24
- $0.11 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 18, 2026 | Pays Sep 23, 2026 | $0.11 |
| Aug 14, 2026 | Aug 19, 2026 | $0.11 |
| Jul 17, 2026 | Jul 22, 2026 | $0.10 |
| Jun 12, 2026 | Jun 17, 2026 | $0.11 |
| May 15, 2026 | May 20, 2026 | $0.10 |
| Apr 17, 2026 | Apr 22, 2026 | $0.07 |
| Mar 13, 2026 | Mar 18, 2026 | $0.10 |
| Feb 13, 2026 | Feb 18, 2026 | $0.09 |
| Dec 12, 2025 | Dec 17, 2025 | $0.23 |
| Nov 14, 2025 | Nov 19, 2025 | $0.09 |
| Oct 17, 2025 | Oct 22, 2025 | $0.13 |
| Sep 19, 2025 | Sep 24, 2025 | $0.10 |
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.
- 0.31
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.
- −13.1%
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
- The middle half of US High Yield funds
- Median 0.43%
81 of the 84 US High Yield funds charge less.