Key stats
About WisdomTree U.S. High Yield Corporate Bond Fund
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Inception date
Apr 27, 2016
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
WisdomTree Asset Management, Inc.
Distributor
Foreside Fund Services LLC
Identifiers
3
ISIN US97717X1726
QHY's eligible universe begins with high-yield, US-domiciled, USD-denominated debt, with no maturity mandate. From this pool, the fund selects its securities by scoring companies based on their free cash flows to equity, and removing the lowest-scoring 20%. Securities are then ranked within each sector to screen out the bottom 5% by liquidity score. The fund weights its securities by scoring remaining bonds by their probabilities of default, giving preference to risk-adjusted higher income. The fundamental approach intends to identify companies with healthier cash flows, while tilting towards higher income. The Index is rebalanced semi-annually, with single issuer capped at 2% and any excess exposure distributed on a pro-rata basis to the remaining bonds. Before June 8, 2024, the fund traded under the ticker WFHY.
Related funds
Classification
What's in the fund
Exposure type
Corporate
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
QHY trades at 46.59 USD today, its price has risen 0.01% in the past 24 hours. Track more dynamics on QHY price chart.
QHY net asset value is 46.58 today — it's risen 0.52% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
QHY assets under management is 209.40 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
QHY price has risen by 0.09% over the last month, and its yearly performance shows a 2.21% increase. See more dynamics on QHY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.52% over the last month, showed a 1.48% increase in three-month performance and has increased by 8.15% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.52% over the last month, showed a 1.48% increase in three-month performance and has increased by 8.15% in a year.
QHY fund flows account for −8.38 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
QHY invests in bonds. See more details in our Analysis section.
QHY expense ratio is 0.38%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, QHY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, QHY technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating QHY shows the buy signal. See more of QHY technicals for a more comprehensive analysis.
Today, QHY technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating QHY shows the buy signal. See more of QHY technicals for a more comprehensive analysis.
Yes, QHY pays dividends to its holders with the dividend yield of 6.22%.
QHY trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
QHY shares are issued by WisdomTree, Inc.
QHY follows the WisdomTree Fundamental U.S. High Yield Corporate Bond Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 27, 2016.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.