HYZDvsCLSEETF Comparison
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WisdomTree Interest Rate Hedged High Yield Bond Fund (HYZD) and Convergence Long/Short Equity ETF (CLSE) belong to the same industry segment: Alternatives. HYZD is less expensive with a Total Expense Ratio (TER) of 0.43%, versus 1.52% for CLSE. HYZD is up 3.72% year-to-date (YTD) with +$115M in YTD flows. CLSE performs better with 23.39% YTD performance, and +$659M in YTD flows. Run a side-by-side ETF comparison of HYZD and CLSE below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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HYZD vs CLSE performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | HYZD CLSE | -0.78%-1.22% | +0.25%+0.02% | +3.72%+23.39% | +5.66%+32.16% | +27.18%+108.86% | +33.87%n/a |
| Flows | HYZD CLSE | +$16M+$87M | +$56M+$266M | +$115M+$659M | +$131M+$692M | +$156M+$847M | +$137M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | HYZD CLSE | +2.18%+8.79% | +2.16%+13.01% | +3.35%+13.47% | +5.08%n/a |
| Max drawdown | HYZD CLSE | -1.45%-3.12% | -1.45%-4.60% | -4.50%-15.76% | -9.32%n/a |
| Max drawdown duration | HYZD CLSE | 25d43d | 25d40d | 80d188d | 282dn/a |
Trading data
HYZD | CLSE | |
Last sale 10/16/2026 at 1:30 PM | $22.36 | $33.74 |
| Previous close 10/15/2026 | $22.38 | $34.05 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
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CLSE
is actively managed and doesn’t replicate an indexHYZD | CLSE | |
|---|---|---|
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| 1 year cumulative return difference | ||
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
HYZD | CLSE | |
|---|---|---|
| Last price | $22.36 | $33.74 |
| 1D performance | -0.09% | -0.91% |
| AuM | $312.68 M | $1.02 B |
| E/R | 0.43% | 1.52% |
Characteristics
HYZD | CLSE | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | WisdomTree | Convergence Investment Partners LLC |
| Benchmark | WisdomTree US High Yield Corporate Bond Zero Duration Index | - |
| N° of holdings | - | - |
| Asset class | Fixed Income | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 18, 2013 | February 22, 2022 |
| ESG | No | No |
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Exposure
Countries
HYZD
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CLSE
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Sectors
HYZD
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CLSE
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Diversification
HYZD
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CLSE
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Top 15 holdings
Data as of January 1, 1970
HYZD
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CLSE
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Frequently asked questions about HYZD and CLSE
How have the HYZD and CLSE ETFs performed in 2026?
As of October 16, 2026, HYZD is up 3.72% year-to-date (YTD), while CLSE has returned 23.39%. That puts CLSE better performer ahead so far this year.
Which ETF is attracting more investor money: HYZD or CLSE?
Year-to-date, the HYZD ETF saw +$115M in flows, compared to +$659M for CLSE.
Which ETF is more volatile: HYZD or CLSE?
Over the past year, HYZD had a volatility of 2.16%, while CLSE experienced 13.01%.
Which ETF is bigger: HYZD or CLSE?
As of October 16, 2026, HYZD holds $312.68 M in assets under management (AUM), while CLSE manages $1.02 B.
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