HYZD vs VOO
WisdomTree Interest Rate Hedged High Yield Bond Fund vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | HYZD | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.43% | 0.03% | |
| AUM | $273M | $997.4B | |
| Dividend Yield | 5.90% | 1.08% | |
| Holdings | 505 | 509 | |
| YTD Return | +3.85% | +12.68% | |
| 1Y Return | +6.95% | +21.87% | |
| 3Y Return (annualized) | +8.46% | +22.06% | |
| 5Y Return (annualized) | +6.31% | +12.95% | |
| Volatility (annualized) | 7.7% | 14.1% | |
| Max Drawdown | -33.1% | -34.3% | |
| Fund Family | WisdomTree Investments | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Dec 18, 2013 | Sep 7, 2010 |
HYZD vs VOO Performance
WisdomTree Interest Rate Hedged High Yield Bond Fund (HYZD) is a ETF from WisdomTree Investments and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year HYZD returned +6.95% while VOO returned +21.87%. Year to date, HYZD is up 3.85% versus a gain of 12.68% for VOO.
Over three years, HYZD compounded at +8.46% per year against +22.06% for VOO; over five years the annualized figures are +6.31% and +12.95% respectively. Across the full 13-year window we track, VOO has the edge at +13.47% annualized vs +1.60%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 7.7% for HYZD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -33.1% for HYZD and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HYZD charges 0.43% per year while VOO charges 0.03%. On a $10,000 position that is $43 vs $3 annually, a gap of $40 per year that compounds over a long holding period. On income, HYZD currently yields 5.90% against 1.08% for VOO.
Holdings Overlap
HYZD and VOO share 0 holdings out of 891 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, HYZD or VOO?
HYZD has an expense ratio of 0.43% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $40 per year of difference.
Which performed better, HYZD or VOO?
Over the past year HYZD returned +6.95% vs +21.87% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (13 years), HYZD annualized +1.60% vs +13.47% for VOO. Past performance does not guarantee future results.
Which is riskier, HYZD or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 7.7% for HYZD. Worst drawdown: HYZD -33.1% vs VOO -34.3%.
Should I hold both HYZD and VOO?
HYZD and VOO have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HYZD and VOO?
HYZD and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 891 unique securities.
Which pays a higher dividend, HYZD or VOO?
HYZD yields 5.90% while VOO yields 1.08%, so HYZD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.