ETF Evaluator:
WisdomTree US Hi Yld Corp Bd ()
Follow This ETF
(as of Aug 26)
Best Performing in High Yield Bond Over the Last Year
| 7.6% | Fidelity Sustainable High Yield ETF (FSYD) |
| 7.4% | Horizon Flexible Income ETF (FLXN) |
| 6.7% | iShares Interest Rate Hdg Hi Yld Bd ETF (HYGH) |
| 6.6% | Fidelity Enhanced High Yield ETF (FDHY) |
| 6.3% | Harbor Ares Systematic High-Yield ETF (SIHY) |
Risk
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Risk
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ETF Details
WisdomTree US Hi Yld Corp Bd Overview
WisdomTree US Hi Yld Corp Bd (QHY) is a passively managed Taxable Bond High Yield Bond exchange-traded fund (ETF). WisdomTree launched the ETF in 2016.
The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. High Yield Corporate Bond Index.
Under normal circumstances, at least 80% of the fund's total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is designed to capture the performance of selected issuers in the U.S. non-investment-grade corporate bond market that are deemed to have favorable fundamental and income characteristics. The fund is non-diversified.
About WisdomTree US Hi Yld Corp Bd (QHY)
There are 2 members of the management team with an average tenure of 0.58 years: David Oberto (2026) and Scott Frost (2026). 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 WisdomTree US High Yield Corp Bd TR USD index with a weighting of 100%. WisdomTree US Hi Yld Corp Bd has 491 securities in its portfolio. The top 10 holdings constitute 6.2% 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 US Hi Yld Corp Bd is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. WisdomTree US Hi Yld Corp Bd has 0.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 2.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 96.8% (96.4% domestic bond, 0.5% foreign bond and 0.0% convertible bond). WisdomTree US Hi Yld Corp Bd has 1.2% of the portfolio in cash.
Assets Under Management
The fund has $241 million in total assets, which is below the $1 billion average for the High Yield 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.
QHY 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 US Hi Yld Corp Bd expense ratio is below average compared to funds in the High Yield Bond category. WisdomTree US Hi Yld Corp Bd has an expense ratio of 0.38%, which is 5% lower than its category average, making the fund expense ratio grade a C. 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 US Hi Yld Corp Bd has a portfolio turnover rate of 66%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 69% for the High Yield Bond category.
Recently, in the month of July 2026, WisdomTree US Hi Yld Corp Bd returned -0.1%, which earned it a grade of B, as the High Yield Bond category had an average return of -0.2%. 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 US Hi Yld Corp Bd has a trailing yield of 6.28%, which is below the 6.77% category average.
The fund normally distributes its income monthly and its capital gains annually.
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 US Hi Yld Corp Bd Grades
Year to date, the ETF has returned 1.5%, 0.1 percentage points worse than the category, which translates into a grade of D. The fund has returned 5.4% over the past year (grade of B), 7.3% over the past three years (grade of D) and 3.0% per year over the past five years (grade of F) and 4.6% per year over the past 10 years (grade of D).
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QHY 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 |
|
| QHY Return (NAV) | -0.1% | 0.5% | 5.4% | 7.3% | 3.0% | 4.6% |
| QHY Return (Price) | -0.0% | 0.6% | 5.6% | 7.4% | 3.0% | 4.8% |
| NAV +/- Price Return | -0.075% | -0.072% | -0.148% | -0.045% | -0.028% | -0.207% |
| High Yield Bond Avg | -0.2% | 0.5% | 5.0% | 7.8% | 3.8% | 5.0% |
| QHY Grade (NAV) | B | C | B | D | F | D |
| +/- Category (NAV) | 0.1% | -0.0% | 0.5% | -0.5% | -0.8% | -0.4% |
| QHY Tax-Cost Ratio | na | na | 2.5% | 2.6% | 2.4% | 2.3% |
QHY Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| QHY Return (NAV) | 1.5% | 9.5% | 5.5% | 10.8% | -12.0% | 4.6% | 5.7% | 15.4% | -1.7% | 5.3% | na |
| QHY Return (Price) | 1.7% | 9.6% | 5.9% | 10.1% | -11.8% | 4.1% | 6.0% | 15.6% | -0.1% | 5.7% | na |
| NAV +/- Price Ret | 0.079% | 0.016% | 0.072% | -0.064% | -0.014% | -0.111% | 0.042% | 1.3% | -97.0% | 6.1% | na |
| High Yield Bond Avg | 1.7% | 8.4% | 7.5% | 12.4% | -10.1% | 4.2% | 6.1% | 13.4% | -2.3% | 7.1% | 13.0% |
| QHY Grade (NAV) | D | A | F | F | D | C | C | B | B | F | na |
| +/- Category | -0.1% | 1.1% | -2.0% | -1.6% | -1.9% | 0.4% | -0.4% | 2.0% | 0.6% | -1.8% | na |
| Risk Measures | |
| Beta: | 0.76 |
| R-Squared: | 75% |
| Standard Deviation: | 4.9% |
| Category Risk Index: | 1.15 |
| Category Risk Rating: | High |
| Total Risk Index: | 0.40 |
| Total Risk Rating: | Low |
| Portfolio Characteristics | |
| Yield: | 6.3% |
| Total Assets: | $ 241 Mil |
| Share Class Assets: | $ 241 Mil |
| Turnover: | 66.0% |
| Expense Ratio: | 0.38% |
| Index Fund: | Yes |
| Index Tracked: | Bloomberg US Agg Bond TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 0.6 years | |||
| Average Tenure: 0.6 years | |||
| Managers (Year): Oberto David (2026), Frost Scott (2026) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 491 |
| % in Top 10 Holdings: | 6.2% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.5% |
Portfolio Allocation |
|
| Domestic Stock: | 2.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 96.4% |
| Foreign Bond: | 0.5% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.2% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | WisdomTree |
| Phone Number: | 866-909-9473 |
| Website: | www.wisdomtree.com |
| Inception Date: | April 27, 2016 |
Expenses and Fees
| Expense Ratio (%): | 0.38% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.40% |
