Wisdomtree Interest Rate Etf Profile
| HYZD Etf | USD 22.44 0.02 0.09% |
Performance18 of 100
| Odds Of DistressLess than 9
|
WisdomTree Interest is trading at 22.44 as of the 28th of November 2024, a 0.09 percent increase since the beginning of the trading day. The etf's lowest day price was 22.36. WisdomTree Interest has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for WisdomTree Interest Rate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The index is designed to provide long exposure to the performance of selected issuers in the U.S. non-investment-grade corporate bond market that are deemed to have favorable fundamental and income characteristics while seeking to manage interest rate risk through the use of short positions in U.S. More on WisdomTree Interest Rate
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WisdomTree Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Corporate ETFs, High Yield ETFs, Nontraditional Bond, WisdomTree (View all Sectors) |
| Issuer | WisdomTree |
| Inception Date | 2013-12-18 |
| Benchmark | WisdomTree U.S. High Yield Corporate Bond, Zero Duration Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 161.07 Million |
| Average Trading Valume | 39,905.7 |
| Asset Type | Fixed Income |
| Category | Corporate |
| Focus | High Yield |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | State Street Bank and Trust Company |
| Advisor | WisdomTree Asset Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Paul Benson, Stephanie Shu |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Jan |
| Exchange | NASDAQ |
| Number of Constituents | 475 |
| Market Maker | Flow Traders |
| Total Expense | 0.43 |
| Management Fee | 0.43 |
| Country Name | USA |
| Returns Y T D | 9.62 |
| Name | WisdomTree Interest Rate Hedged High Yield Bond Fund |
| Currency Code | USD |
| Open Figi | BBG005Q26JZ9 |
| In Threey Volatility | 6.96 |
| 1y Volatility | 2.98 |
| 200 Day M A | 22.0253 |
| 50 Day M A | 22.2758 |
| Code | HYZD |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
WisdomTree Interest Rate [HYZD] is traded in USA and was established 2013-12-18. The fund is listed under Nontraditional Bond category and is part of WisdomTree family. The entity is thematically classified as Corporate ETFs. WisdomTree Interest Rate currently have 163.49 M in assets under management (AUM). , while the total return for the last 3 years was 6.8%.
Check WisdomTree Interest Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on WisdomTree Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding WisdomTree Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as WisdomTree Interest Rate Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top WisdomTree Interest Rate Etf Constituents
| ZTM23 | 5.60961% |
| TNM23 | 3.22407% |
| ZNM23 | 19.64866% |
WisdomTree Interest Top Holders
| EARAX | Eaton Vance Richard | Mutual Fund | Tactical Allocation | |
| ECRAX | Eaton Vance Richard | Mutual Fund | Tactical Allocation | |
| EIRAX | Eaton Vance Richard | Mutual Fund | Tactical Allocation | |
| EVCLX | Eaton Vance Municipal | Mutual Fund | Allocation--15% to 30% Equity | |
| EVFCX | Evaluator Conservative Rms | Mutual Fund | Allocation--15% to 30% Equity | |
| EVVCX | Evaluator Very Conservative | Mutual Fund | Allocation--15% to 30% Equity | |
| EVVLX | Evaluator Very Conservative | Mutual Fund | Allocation--15% to 30% Equity |
WisdomTree Interest Rate Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in WisdomTree Interest. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.142 | |||
| Jensen Alpha | 0.0309 | |||
| Total Risk Alpha | 0.0039 | |||
| Sortino Ratio | (0.30) |
WisdomTree Interest Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in WisdomTree Interest Rate. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of WisdomTree Interest Rate is measured differently than its book value, which is the value of WisdomTree that is recorded on the company's balance sheet. Investors also form their own opinion of WisdomTree Interest's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Interest's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WisdomTree Interest's market value can be influenced by many factors that don't directly affect WisdomTree Interest's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WisdomTree Interest's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Interest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Interest's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.