ETF Evaluator: Counterpoint High Yield Trend ETF () Follow This ETF

Counterpoint High Yield Trend ETF Overview

Counterpoint High Yield Trend ETF (HYTR) is a passively managed Taxable Bond Nontraditional Bond exchange-traded fund (ETF). Counterpoint Mutual Funds launched the ETF in 2020.

The investment seeks to provide investment results that equals or exceeds, before fees and expenses, the performance of the CP High Yield Trend Index. The fund seeks to achieve its investment objective by investing at least 80% of its net assets in securities included in the index. The rules-based index is comprised of constituents that are a blend of allocations to two asset classes: unaffiliated U.S. high yield corporate bond (or “junk bond”) exchange-traded funds (“ETFs”) and unaffiliated U.S. 3-7 year Treasury ETFs. The index also includes a stop loss mechanism on the U.S. 3-7 year Treasury ETFs that allows the index to invest in U.S. T-bill ETFs.

About Counterpoint High Yield Trend ETF (HYTR)

There are 2 members of the management team with an average tenure of 6.53 years: Michael Krause (2020) and Joseph Engelberg (2020). 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 CP High Yield Trend USD index with a weighting of 100%. Counterpoint High Yield Trend ETF has 4 securities in its portfolio. The top 10 holdings constitute 100.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Counterpoint High Yield Trend ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. Counterpoint High Yield Trend ETF has 12.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.1% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 99.1% (86.9% domestic bond, 12.1% foreign bond and 0.0% convertible bond). Counterpoint High Yield Trend ETF has 0.8% of the portfolio in cash.

Assets Under Management

The fund has $288 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.

HYTR 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 Counterpoint High Yield Trend ETF expense ratio is high compared to funds in the Nontraditional Bond category. Counterpoint High Yield Trend ETF has an expense ratio of 0.88%, which is 34% lower than its category average, making the fund expense ratio grade a D. 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. Counterpoint High Yield Trend ETF has a portfolio turnover rate of 278%, 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, Counterpoint High Yield Trend ETF returned -0.2%, which earned it a grade of C, 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.

Counterpoint High Yield Trend ETF has a trailing yield of 5.79%, which is below 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.

Counterpoint High Yield Trend ETF Grades

Year to date, the ETF has returned 0.4%, 0.3 percentage points better than the category, which translates into a grade of D. The fund has returned 3.6% over the past year (grade of D), 5.8% over the past three years (grade of C) and 1.9% per year over the past five years (grade of D).

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