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WisdomTree Trust WisdomTree Voya Yield Enhanced USD Universal Bond Fund

UNIY
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 07 2023
Expense Ratio
0.15%
Type
US Bonds
Fund Owner
Wisdom Tree
Volume (1m avg. daily)
$1,779,775
AUM
$1,176,725,082
Associated Index
Bloomberg US Universal Enhanced Yield Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

n/a
US Treasury N/B 4.125% 1/31/2025
2.44%
n/a
US Treasury N/B 4% 2/15/2026
1.90%
n/a
US Treasury N/B 1.5% 1/31/2027
1.66%
n/a
US Treasury N/B 3.625% 3/31/2028
1.63%
n/a
US Treasury N/B 2.875% 6/15/2025
1.61%
n/a
Us Treasury N/B 4.375% 8/31/2028
1.59%
n/a
US Treasury Note 0.125% 1/15/2024
1.33%
n/a
Us Treasury N/B 4.625% 2/28/2025
1.22%
n/a
US Treasury N/B 3.875% 1/15/2026
1.20%
n/a
US Treasury N/B 3.75% 4/15/2026
1.16%
Invest with UNIY

What is UNIY?

WisdomTree Voya Yield Enhanced USD Universal Bond Fund employs a passive management or indexing, investment approach designed to track the performance of the Index. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the Index whose risk, return and other characteristics resemble the risk, return, and other characteristics of the Index as a whole. The Index is comprised of USD-denominated bonds. The Index deconstructs the USD-denominated bond market, as represented by USD-denominated, taxable bonds that are rated either investment grade or high yield, into one of the five categories of debt described below. The constituents in each category, except for US Investment Grade Debt, are weighted by market capitalization. The weighting of the constituents in the US Investment Grade Debt category is determined by the Index Provider's proprietary weighting methodology.

ETFs related toUNIY

ETFs correlated to UNIY include SPAB, AGG, IUSB

UNIY
WisdomTree Trust - WisdomTree Voya Yield Enhanced USD Universal Bond Fund
SPAB
SPDR Series Trust - SPDR Portfolio Aggregate Bond ETF
AGG
BlackRock Institutional Trust Company N.A. - iShares Core U.S. Aggregate Bond ETF
IUSB
BlackRock Institutional Trust Company N.A. - iShares Core Total USD Bond Market ETF
BND
Vanguard Group, Inc. - Vanguard Total Bond Market ETF
AVIG
American Century ETF Trust - Avantis Core Fixed Income ETF
FLCB
Franklin Templeton ETF Trust - Franklin U.S. Core Bond ETF
SCHZ
Schwab Strategic Trust - Schwab US Aggregate Bond ETF
BKAG
BNY Mellon ETF Trust - BNY Mellon Core Bond ETF
BIV
Vanguard Group, Inc. - Vanguard Intermediate-Term Bond ETF
EAGG
iShares Trust - iShares ESG Aware U.S. Aggregate Bond 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 toUNIY

#PTAC

Pick the Trending Asset Class

Category

Momentum, Tactical Asset Allocation, Be Risk Aware, Ride the Momentum

Risk Rating

Moderate

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with UNIY using Composer

FAQ

UNIY is a US Bonds ETF. WisdomTree Voya Yield Enhanced USD Universal Bond Fund employs a passive management or indexing, investment approach designed to track the performance of the Index. The Fund generally uses a representative sampling strategy to achieve its investment objective, meaning it generally will invest in a sample of the securities in the Index whose risk, return and other characteristics resemble the risk, return, and other characteristics of the Index as a whole. The Index is comprised of USD-denominated bonds. The Index deconstructs the USD-denominated bond market, as represented by USD-denominated, taxable bonds that are rated either investment grade or high yield, into one of the five categories of debt described below. The constituents in each category, except for US Investment Grade Debt, are weighted by market capitalization. The weighting of the constituents in the US Investment Grade Debt category is determined by the Index Provider's proprietary weighting methodology.

UNIY tracks the Bloomberg US Universal Enhanced Yield Index.

No, UNIY 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, UNIY 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 UNIY is -0.0113%. This is the percent change in the value of UNIY over the most recent 1-month period. The 3-month return on UNIY is -0.0265%. This is the percent change in the value of UNIY over the most recent 3-month period.

ETFs similar to UNIY include GSY, GVI, and BLV.

ETFs correlated to UNIY include SPAB, AGG, and IUSB.

ETFs that are inversely correlated to UNIY include TBX, PST, and TBF.

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.