WisdomTree U.S. High Yield Corporate Bond Fund
$44.55−0.08 (−0.17%)
- 0.38%
- $249M
- +2.8%
- 6.40%
- 0M sh
- $44.52
- low $43.88high $46.91
The ETF.net QHY Grade
B
Score 69 out of 100
- 23 of 85
Score 69 of 100 falls in the B 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.B66 out of 100Rank 29 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.A97 out of 100Rank 25 of 74Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B55 out of 100Rank 35 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C51 out of 100Rank 36 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B63 out of 100Rank 39 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B69 out of 100Rank 23 of 85
Our read on QHY
BMost high-yield ETFs buy the market and move on. QHY runs a rules-based index that screens U.S. junk-bond issuers on profitability and tilts toward value, holding roughly 500 bonds instead of a plain cap-weighted sweep.
The Fund seeks to track the performance of the WisdomTree U.S. High Yield Corporate Bond Index before fees and expenses.
Why people hold it
- The screen is the whole point: issuers get judged on profitability and priced-in value before they land in the portfolio, an unusual filter in a corner of the market that mostly weights by debt outstanding.
- 0.38% a year, which lands just under the median fee in the high-yield ETF crowd. Rare for a fund doing extra screening work rather than tracking the broad market.
- Roughly 500 bonds and monthly distributions, so single-issuer blowups get diluted and the income shows up on the cadence bond investors are used to.
- Live since 2016 with a track record of following its stated index closely, and it grades out in the upper half of a crowded high-yield field.
Worth knowing
- It's a small, thinly traded fund next to category heavyweights like SPHY and USHY, so bid/ask spreads and order size matter more here than with the giants.
- Plain cap-weighted rivals are far cheaper (SCYB at 0.03%, SPHY at 0.05%), so the fundamental screen is what you're paying the difference for.
- Screening doesn't remove credit risk. These are below-investment-grade U.S. corporate bonds, and they tend to move with credit spreads, not with Treasuries.
QHY Holdings
- Bonds
- 487
- 8%
- Cash-Dreyfus Trsy Cash
Geography
- United States99.45%
- United Kingdom0.31%
- Switzerland0.25%
QHY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
QHY$10,285
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 | QHY |
|---|---|
| Year to date | +0.6% |
| 1 month | −0.9% |
| 3 months | −1.2% |
| 1 year | +2.8% |
| 3 years | +8.0% |
| 5 years | +2.8% |
| 10 years | +4.4% |
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 | QHY |
|---|---|---|
| 2026 YTD | +0.6% | |
| 2025 | +9.6% | |
| 2024 | +5.9% | |
| 2023 | +10.1% | |
| 2022 | −11.8% | |
| 2021 | +4.1% | |
| 2020 | +6.0% |
QHY in the news
QHY Dividends
- 6.40%
- $2.85
- $0.23 per share
- Monthly
Distribution history
QHY Risk
- 5.1%
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.
- 0.55
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.
- −16.2%
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.
- 0.76
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
QHY Cost
0.38%
QHY0.38%
- The middle half of US High Yield funds
- Median 0.43%
28 of the 85 US High Yield funds charge less.
Other funds in US High Yield
- BHYGiShares iBoxx $ High Yield Corporate Bond ETFExpense ratio 0.49%1 year return +2.5%
- BPHYLPGIM Active High Yield Bond ETFExpense ratio 0.39%1 year return +2.4%
- BXBBondBloxx B Rated USD High Yield Corporate Bond ETFExpense ratio 0.30%1 year return +3.9%
- BHYUPXtrackers High Beta High Yield Bond ETFExpense ratio 0.20%1 year return +1.9%
- BLDRHiShares iBonds 1-5 Year High Yield and Income Ladder ETFExpense ratio 0.35%1 year return +3.1%