HYZD:NSD-WisdomTree BofA Merrill Lynch High Yield Bond Zero Duration Fund (USD)

ETF | Nontraditional Bond | NASDAQ Global Market

Last Closing

USD 21.84

Change

-0.09 (-0.40)%

Market Cap

USD 0.01B

Volume

0.03M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to track the price and yield performance of the BofA Merrill Lynch 0-5 Year U.S. High Yield Constrained, Zero Duration Index. The index is designed to provide long exposure to the BofA Merrill Lynch 0-5 Year U.S. High Yield Constrained Index while seeking to manage interest rate risk through the use of short positions in U.S. Treasury securities. Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. It is non-diversified.

Inception Date: 18/12/2013

Primary Benchmark: BofAML 0-5 Yr US HY Zero Dur TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 0.43%

Management Expense Ratio: 0.43 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-15 )

Largest Industry Peers for Nontraditional Bond

Symbol Name Mer Price(Change) Market Cap
AGZD WisdomTree Interest Rate Hedge.. 0.23 %

N/A

USD 0.17B

ETFs Containing HYZD

WBAL 0.00 % 0.03 %

N/A

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Market Performance

  Market Performance vs. Industry/Classification (Nontraditional Bond) Market Performance vs. Exchange (NASDAQ Global Market)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.02% 50% F 60% D-
Dividend Return 1.46% 100% F 73% C
Total Return 2.47% 100% F 64% D
Trailing 12 Months  
Capital Gain 4.95% 100% F 62% D
Dividend Return 6.24% 100% F 80% B-
Total Return 11.19% 100% F 70% C-
Trailing 5 Years  
Capital Gain -7.96% 50% F 51% F
Dividend Return 19.12% 100% F 79% B-
Total Return 11.15% 100% F 57% F
Average Annual (5 Year Horizon)  
Capital Gain -1.35% 100% F 43% F
Dividend Return 2.52% 100% F 49% F
Total Return 3.87% 100% F 78% C+
Risk Return Profile  
Volatility (Standard Deviation) 7.59% 50% F 89% A-
Risk Adjusted Return 33.21% 50% F 69% C-
Market Capitalization 0.01B 100% F 45% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.