BENJ ranks 1st and HYGM 11th of 13 funds in the Treasury Option Income Category.
BENJ vs HYGM
BENJ −0.39pt a year
0.40%0.79%
BENJ 52.1×the volume
38.5K740
BENJ vs HYGM Performance
+0.9%−0.8%
- BENJ 0.40%, better
- HYGM 0.79%
- BENJ $359M
- HYGM $1M
- BENJ +3.8%
- HYGM
- BENJ 3
- HYGM 3
- BENJ 38.5K sh, better
- HYGM 740 sh
- BENJ $53.46
- HYGM $23.64
ETF.net Grade
| Pillar | BENJ | HYGM |
|---|---|---|
| Cost | A77Higher | D31 |
| Mission | ||
| Risk | A87Higher | C50 |
| Tradability | A86Higher | C40 |
| Holdings | B59Higher | D34 |
| Durability | B57Higher | F21 |
Rank among Treasury Option Income funds
Same Category. BENJ and HYGM are both graded against the same 13 Treasury Option Income funds, so their Grades compare head to head.
Our read on each fund
BENJA
HYGMD
In short
BENJ Most option-income Treasury funds sell calls against long bonds. BENJ flips it: hold one- to three-month T-bills as ballast, then run an actively managed options book on US stocks, ETFs and indexes.
Stated mandate
BENJ The Fund seeks total return through active management, investing primarily in one- to three-month U.S. Treasury bills and related ETFs while using options strategies on a broad range of domestic equity securities, ETFs, and equity indices.
Why people hold it
Worth knowing
BENJ vs HYGM Holdings
How we measure overlap
Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.
BENJ vs HYGM Cost
Overpaying HYGM vs BENJ
$7,084
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
BENJ 0.40%
$8,090
HYGM 0.79%
$15,174
Cost over time
Year by year
| Year | BENJ | HYGM | Overpaying |
|---|---|---|---|
| 10 | $723 | $1,405 | $682 |
| 20 | $2,793 | $5,331 | $2,538 |
| 30 | $8,090 | $15,174 | $7,084 |
- 0.40%BENJ, cheaper
- 0.79%HYGM
- Middle half of Treasury Option Income funds
- Median 0.65%
BENJ 3rd cheapest of 13 funds
HYGM 8th cheapest of 13 funds
BENJ vs HYGM Dividends
- BENJ None
- HYGM
- BENJ
- HYGM $0.20
- BENJ
- HYGM Oct 29, 2026
- BENJ
- HYGM Oct 30, 2026
- BENJ
- HYGM Monthly
Distribution history
BENJ vs HYGM Risk
Fall from peak · 5 years
Risk facts
- Volatility
- BENJ 0.5%HYGM
- Return per unit of risk
- BENJ −0.43HYGM
- Worst fall
- BENJ −0.4%HYGM
- Market sensitivity
- BENJ 0.0004HYGM 0.11
Popular comparisons
- 0.40% · 0.35%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.79% · 0.35%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.40% · 0.38%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.79% · 0.38%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.40% · 0.60%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.79% · 0.60%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.