ETF Evaluator:
WisdomTree Private Credit & Alt Inc ()
Follow This ETF
(as of Aug 26)
Best Performing in Nontraditional Bond Over the Last Year
| 7.1% | Simplify Kayne Anderson Ey&InfrasCrdtETF (KNRG) |
| 6.8% | WisdomTree Interest Rt Hdg Hi Yld Bd ETF (HYZD) |
| 6.3% | ProShares High Yield—Interest Rate Hdgd (HYHG) |
| 6.0% | FolioBeyond Alt Inc and Int Rt Hdg ETF (RISR) |
| 5.6% | NEOS Enhanced Income Credit Select ETF (HYBI) |
Risk
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Risk
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ETF Details
WisdomTree Private Credit & Alt Inc Overview
WisdomTree Private Credit & Alt Inc (HYIN) is a passively managed Taxable Bond Nontraditional Bond exchange-traded fund (ETF). WisdomTree launched the ETF in 2021.
The investment seeks to track the price and yield performance, before fees and expenses, of the Gapstow Private Credit and Alternative Income Index (the “Index”).
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in constituents of the index and/or investments that have economic characteristics that are substantially similar to the economic characteristics of such constituents. The index is rebalanced quarterly and reconstituted semi-annually. It is non-diversified.
About WisdomTree Private Credit & Alt Inc (HYIN)
There are 5 members of the management team with an average tenure of 5.12 years: Marlene Walker-Smith (2021), David France (2021), Todd Frysinger (2021), Vlasta Sheremeta (2021) and Michael Stoll (2021). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and Gapstow Pvt Cr and Alternative Inc USD index with a weighting of 100%. WisdomTree Private Credit & Alt Inc has 33 securities in its portfolio. The top 10 holdings constitute 34.3% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
WisdomTree Private Credit & Alt Inc is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. WisdomTree Private Credit & Alt Inc has 2.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 83.8% There is 0.0% allocated to foreign stock, and 0.3% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 12.6% (10.1% domestic bond, 2.5% foreign bond and 0.0% convertible bond). WisdomTree Private Credit & Alt Inc has -3.6% of the portfolio in cash.
Assets Under Management
The fund has $50 million in total assets, which is below the $320 million average for the Nontraditional Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
HYIN Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The WisdomTree Private Credit & Alt Inc expense ratio is high compared to funds in the Nontraditional Bond category. WisdomTree Private Credit & Alt Inc has an expense ratio of 4.34%, which is 223% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. WisdomTree Private Credit & Alt Inc has a portfolio turnover rate of 33%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 190% for the Nontraditional Bond category.
Recently, in the month of July 2026, WisdomTree Private Credit & Alt Inc returned -1.8%, which earned it a grade of F, as the Nontraditional Bond category had an average return of -0.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
WisdomTree Private Credit & Alt Inc has a trailing yield of 13.35%, which is above the 6.67% category average.
The fund normally distributes its income monthly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
WisdomTree Private Credit & Alt Inc Grades
Year to date, the ETF has returned -6.4%, 6.4 percentage points worse than the category, which translates into a grade of F. The fund has returned -7.6% over the past year (grade of F), 1.2% over the past three years (grade of F) and -0.5% per year over the past five years (grade of F).
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HYIN Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| HYIN Return (NAV) | -1.8% | -5.0% | -7.6% | 1.2% | -0.5% | na |
| HYIN Return (Price) | -1.9% | -4.8% | -7.8% | 1.3% | -0.5% | na |
| NAV +/- Price Return | 0.128% | -0.151% | 0.143% | -0.026% | -0.023% | na |
| Nontraditional Bond Avg | -0.4% | -0.6% | 2.7% | 5.4% | 3.4% | 4.3% |
| HYIN Grade (NAV) | F | F | F | F | F | na |
| +/- Category (NAV) | -1.4% | -4.4% | -10.3% | -4.2% | -4.0% | na |
| HYIN Tax-Cost Ratio | na | na | 4.7% | 4.5% | 4.1% | na |
HYIN Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| HYIN Return (NAV) | -6.4% | -0.3% | 7.4% | 21.9% | -21.1% | na | na | na | na | na | na |
| HYIN Return (Price) | -6.2% | -0.5% | 7.4% | 21.8% | -21.1% | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.025% | 0.477% | 0.002% | -0.000% | 0.000% | na | na | na | na | na | na |
| Nontraditional Bond Avg | 0.1% | 4.6% | 8.2% | 9.5% | -3.9% | 6.2% | 0.9% | 7.2% | -0.7% | 4.0% | 7.7% |
| HYIN Grade (NAV) | F | F | C | A | F | na | na | na | na | na | na |
| +/- Category | -6.4% | -4.9% | -0.8% | 12.3% | -17.3% | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 1.34 |
| R-Squared: | 41% |
| Standard Deviation: | 11.9% |
| Category Risk Index: | 2.19 |
| Category Risk Rating: | High |
| Total Risk Index: | 0.97 |
| Total Risk Rating: | Below Average |
| Portfolio Characteristics | |
| Yield: | 13.4% |
| Total Assets: | $ 50 Mil |
| Share Class Assets: | $ 50 Mil |
| Turnover: | 33.0% |
| Expense Ratio: | 4.34% |
| Index Fund: | Yes |
| Index Tracked: | Bloomberg US Agg Bond TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 5.2 years | |||
| Average Tenure: 5.1 years | |||
| Managers (Year): Walker-Smith Marlene (2021), France David (2021), Frysinger Todd (2021), Sheremeta Vlasta (2021), Stoll Michael (2021) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 33 |
| % in Top 10 Holdings: | 34.3% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 2.6% |
Portfolio Allocation |
|
| Domestic Stock: | 83.8% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.3% |
| Domestic Bond: | 10.1% |
| Foreign Bond: | 2.5% |
| Convertible Bond: | 0.0% |
| Other: | 6.9% |
| Cash: | -3.6% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | WisdomTree |
| Phone Number: | 866-909-9473 |
| Website: | www.wisdomtree.com |
| Inception Date: | May 4, 2021 |
Expenses and Fees
| Expense Ratio (%): | 4.34% (Rating: High) |
| Category Average Expense Ratio (%): | 1.34% |
