Wisdomtree Alternative Income Etf Profile
| HYIN Etf | USD 18.51 0.05 0.27% |
Performance0 of 100
| Odds Of DistressLess than 9
|
WisdomTree Alternative is selling at 18.51 as of the 21st of November 2024; that is 0.27 percent increase since the beginning of the trading day. The etf's open price was 18.46. WisdomTree Alternative 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 Alternative Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 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 Alternative Income
Moving together with WisdomTree Etf
| 0.71 | UCON | First Trust TCW | PairCorr |
| 0.66 | DFHY | TrimTabs Donoghue | PairCorr |
| 0.75 | OBND | SSGA Active Trust | PairCorr |
Moving against WisdomTree Etf
WisdomTree Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Asset Allocation ETFs, Target Outcome ETFs, Nontraditional Bond, WisdomTree (View all Sectors) |
| Issuer | WisdomTree |
| Inception Date | 2021-05-06 |
| Benchmark | Gapstow Liquid Alternative Credit Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 28.75 Million |
| Asset Type | Multi Asset |
| Category | Asset Allocation |
| Focus | Target Outcome |
| 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 | Marlene Walker-Smith, David France, Todd Frysinger, Vlasta Sheremeta, Michael Stoll |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Aug |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 36.0 |
| Market Maker | Citadel |
| Total Expense | 4.29 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 8.32 |
| Name | WisdomTree Alternative Income Fund |
| Currency Code | USD |
| Open Figi | BBG00ZX8VT91 |
| In Threey Volatility | 22.23 |
| 1y Volatility | 12.4 |
| 200 Day M A | 18.6287 |
| 50 Day M A | 18.775 |
| Code | HYIN |
| Updated At | 21st of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.07) |
WisdomTree Alternative Income [HYIN] is traded in USA and was established 2021-05-04. The fund is listed under Nontraditional Bond category and is part of WisdomTree family. The entity is thematically classified as Asset Allocation ETFs. WisdomTree Alternative currently have 8.53 M in assets under management (AUM). , while the total return for the last 3 years was 1.0%.
Check WisdomTree Alternative Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on WisdomTree Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding WisdomTree Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as WisdomTree Alternative Income Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top WisdomTree Alternative Income Etf Constituents
| HIO | Western Asset High | Fund | Asset Management | |
| RWT | Redwood Trust | Stock | Financials | |
| PTY | Pimco Corporate Income | Fund | Asset Management | |
| PSEC | Prospect Capital | Stock | Financials | |
| MFA | MFA Financial | Stock | Financials | |
| KREF | KKR Real Estate | Stock | Financials | |
| HYT | Blackrock Corporate High | Fund | Asset Management | |
| ABR | Arbor Realty Trust | Stock | Financials |
WisdomTree Alternative Risk Profiles
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 Alternative. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0197 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.12) |
WisdomTree Alternative Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in WisdomTree Alternative Income. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
The market value of WisdomTree Alternative 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 Alternative's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Alternative'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 Alternative's market value can be influenced by many factors that don't directly affect WisdomTree Alternative'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 Alternative's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Alternative is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Alternative'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.