Skip to Content
ETFs

WisdomTree Alternative Income Fund

HYIN
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 06 2021
Expense Ratio
3.19%
Type
US Bonds
Fund Owner
Wisdom Tree
Volume (1m avg. daily)
$91,310
AUM
$12,581,923
Associated Index
Gapstow Liquid Alternative Credit Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

AOMR
Angel Oak Mortgage REIT Inc
3.30%
RWT
Redwood Trust Inc.
3.16%
HTGC
Hercules Capital Inc
3.15%
BXMT
Blackstone Mortgage Trust Inc - Ordinary Shares - Class A
3.15%
ABR
Arbor Realty Trust Inc.
3.10%
GBDC
Golub Capital BDC Inc
2.98%
BXSL
Blackstone Secured Lending Fund.
2.98%
BGB
Blackstone Strategic Credit
2.97%
FSK
FS KKR Capital Corp
2.94%
CIM
Chimera Investment Corp
2.94%
Invest with HYIN

What is HYIN?

The WisdomTree Alternative Income Fund (the Fund ) seeks to track the price and yield performance, before feesand expenses, of the Gapstow Liquid Alternative Credit Index (the Index ). The Index is provided by Gapstow Capital Partners, L.P. (the Index Provider ) and is designed to providediversified exposure to alternative credit sectors. The Index is comprised of registered closed-end investment companies ( CEFs ), including CEFs that have elected to be regulated as business development companies ( BDCs and together with CEFs, the Underlying Funds ) under the Investment Company Act of 1940, asamended (the 1940 Act ), and real estate investment trusts ( REITs and, together with Underlying Funds, the Vehicles ) that are listed and publicly traded on a major U.S. stock exchange.

ETFs related toHYIN

ETFs correlated to HYIN include KBWD, MORT, REM

HYIN
WisdomTree Trust - WisdomTree Alternative Income Fund
KBWD
Invesco Capital Management LLC - Invesco KBW High Dividend Yield Financial ETF
MORT
VanEck ETF Trust - VanEck Mortgage REIT Income ETF
REM
BlackRock Institutional Trust Company N.A. - iShares Mortgage Real Estate ETF
BIZD
VanEck ETF Trust - VanEck BDC Income ETF
IVOV
Vanguard Group, Inc. - Vanguard S&P Mid-Cap 400 Value ETF
VBR
Vanguard Group, Inc. - Vanguard Small Cap Value ETF
IJJ
BlackRock Institutional Trust Company N.A. - iShares S&P Mid-Cap 400 Value ETF
MDYV
SPDR Series Trust - SPDR S&P 400 Mid Cap Value ETF
IWS
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Value ETF
BBMC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toHYIN

#WIR

When Inflation is Rising

Category

Living With High Inflation, Worried about Inflation?

Risk Rating

Moderate

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with HYIN using Composer

FAQ

HYIN is a US Bonds ETF. The WisdomTree Alternative Income Fund (the Fund ) seeks to track the price and yield performance, before feesand expenses, of the Gapstow Liquid Alternative Credit Index (the Index ). The Index is provided by Gapstow Capital Partners, L.P. (the Index Provider ) and is designed to providediversified exposure to alternative credit sectors. The Index is comprised of registered closed-end investment companies ( CEFs ), including CEFs that have elected to be regulated as business development companies ( BDCs and together with CEFs, the Underlying Funds ) under the Investment Company Act of 1940, asamended (the 1940 Act ), and real estate investment trusts ( REITs and, together with Underlying Funds, the Vehicles ) that are listed and publicly traded on a major U.S. stock exchange.

HYIN tracks the Gapstow Liquid Alternative Credit Index.

No, HYIN is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, HYIN is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on HYIN is 0.0046%. This is the percent change in the value of HYIN over the most recent 1-month period. The 3-month return on HYIN is 0.0495%. This is the percent change in the value of HYIN over the most recent 3-month period.

The standard deviation of HYIN for the past year is 0.2124%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to HYIN include GVI, BLV, and BSV.

ETFs correlated to HYIN include KBWD, MORT, and REM.

ETFs that are inversely correlated to HYIN include RWM, TZA, and SRTY.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.