Wisdomtree High Yield Etf Profile
| WFHY Etf | USD 44.55 0.27 0.61% |
Performance0 of 100
| Odds Of DistressLess than 9
|
WisdomTree High is trading at 44.55 as of the 23rd of April 2024; that is 0.61 percent up since the beginning of the trading day. The etf's open price was 44.28. WisdomTree High has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for WisdomTree High Yield are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2022 and ending today, the 23rd of April 2024. Click here to learn more.
Under normal circumstances, at least 80 percent of the funds 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. More on WisdomTree High Yield
Moving together with WisdomTree Etf
| 0.83 | HYG | iShares iBoxx High | PairCorr |
| 0.87 | USHY | iShares Broad USD | PairCorr |
| 0.91 | JNK | SPDR Bloomberg High | PairCorr |
| 0.82 | SHYG | iShares 0 5 | PairCorr |
| 0.96 | HYLB | Xtrackers USD High | PairCorr |
| 0.89 | SJNK | SPDR Bloomberg Short | PairCorr |
| 0.72 | ANGL | VanEck Fallen Angel | PairCorr |
WisdomTree Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. WisdomTree High's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding WisdomTree High or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | High Yield ETFs, Corporate ETFs, High Yield Bond, WisdomTree (View all Sectors) |
| Issuer | WisdomTree |
| Inception Date | 2016-04-27 |
| Benchmark | WisdomTree U.S. High Yield Corporate Bond Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 221.73 Million |
| Average Trading Valume | 25,175 |
| Asset Type | Fixed Income |
| Category | Corporate |
| Focus | High Yield |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | State Street Bank and Trust Company |
| Advisor | WisdomTree Asset Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Randall Parrish, Rick Cumberledge |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Jun |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 473 |
| Market Maker | Jane Street |
| Total Expense | 0.38 |
| Management Fee | 0.38 |
| Country Name | USA |
| Returns Y T D | (1.0) |
| Name | WisdomTree U.S. High Yield Corporate Bond Fund |
| Currency Code | USD |
| Open Figi | BBG00CSKF0J1 |
| In Threey Volatility | 9.25 |
| 1y Volatility | 7.55 |
| 200 Day M A | 44.3324 |
| 50 Day M A | 44.9732 |
| Code | WFHY |
| Updated At | 22nd of April 2024 |
| Currency Name | US Dollar |
WisdomTree High Yield [WFHY] is traded in USA and was established 2016-04-27. The fund is listed under High Yield Bond category and is part of WisdomTree family. The entity is thematically classified as High Yield ETFs. WisdomTree High Yield at this time have 137.3 M in net assets. , while the total return for the last 3 years was -0.1%.
Check WisdomTree High Probability Of Bankruptcy
WisdomTree High Yield Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. WisdomTree High market risk premium is the additional return an investor will receive from holding WisdomTree High long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in WisdomTree High. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although WisdomTree High's alpha and beta are two of the key measurements used to evaluate WisdomTree High's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.2556 | |||
| Semi Deviation | 0.3822 | |||
| Standard Deviation | 0.3483 | |||
| Variance | 0.1213 |
WisdomTree High Yield Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. WisdomTree High Yield Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe WisdomTree High price patterns.
WisdomTree High Against Markets
Picking the right benchmark for WisdomTree High etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in WisdomTree High etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for WisdomTree High is critical whether you are bullish or bearish towards WisdomTree High Yield at a given time. Please also check how WisdomTree High's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in WisdomTree High without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Piotroski F Score Now
Piotroski F ScoreGet Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
| All Next | Launch Module |
How to buy WisdomTree Etf?
Before investing in WisdomTree High, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in WisdomTree High. To buy WisdomTree High etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of WisdomTree High. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase WisdomTree High etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located WisdomTree High Yield etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased WisdomTree High Yield etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as WisdomTree High Yield, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy WisdomTree Etf please use our How to Invest in WisdomTree High guide.
Already Invested in WisdomTree High Yield?
The danger of trading WisdomTree High Yield is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of WisdomTree High is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than WisdomTree High. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile WisdomTree High Yield is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether WisdomTree High Yield offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WisdomTree High's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wisdomtree High Yield Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Wisdomtree High Yield Etf: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WisdomTree High Yield. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the WisdomTree High Yield information on this page should be used as a complementary analysis to other WisdomTree High's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
The market value of WisdomTree High Yield is measured differently than its book value, which is the value of WisdomTree that is recorded on the company's balance sheet. Investors also form their own opinion of WisdomTree High's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree High's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WisdomTree High's market value can be influenced by many factors that don't directly affect WisdomTree High's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WisdomTree High's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree High's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.