UNIY vs WTBN
WisdomTree Voya Yield Enhanced USD Universal Bond Fund vs WisdomTree Bianco Total Return Fund ETF
Which is better, UNIY or WTBN?
Nearly the same fund. UNIY costs less.
UNIY has a lower expense ratio. UNIY led over 1Y, WTBN over the full window. The two have moved almost in lockstep, correlation 0.97.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | UNIY | WTBN |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.60% |
| AUM | $1.3B | $103M |
| Dividend Yield | 5.06% | 4.22% |
| Holdings | 6,627 | 14 |
| YTD Return | -2.08%Best | -3.29% |
| 1Y Return | -1.93%Best | -3.25% |
| 3Y Return (annualized) | +4.82% | - |
| Volatility (annualized) | 4.5% | 4.3%Best |
| Max Drawdown | -4.4%Best | -5.1% |
| $10,000 over 2.8 years | $10,733 | $10,769Best |
| Fund Family | WisdomTree Investments | WisdomTree Investments |
| Category | Fixed Income | Fixed Income |
| Style | High Yield Bond | High Yield Bond |
| Inception | Feb 7, 2023 | Dec 20, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 20, 2023 to Oct 14, 2026 (2.8 years).
UNIY vs WTBN growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.8 years both funds cover.
UNIY vs WTBN Performance
WisdomTree Voya Yield Enhanced USD Universal Bond Fund (UNIY) is an ETF from WisdomTree Investments and WisdomTree Bianco Total Return Fund ETF (WTBN) is an ETF from WisdomTree Investments. Over the past year UNIY returned -1.93% while WTBN returned -3.25%. Year to date, UNIY is down 2.08% versus a loss of 3.29% for WTBN.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UNIY has been the more volatile fund, with annualized monthly volatility of 4.5% compared with 4.3% for WTBN. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -4.4% for UNIY and -5.1% for WTBN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
UNIY charges 0.15% per year while WTBN charges 0.60%. On a $10,000 position that is $15 vs $60 annually, a gap of $45 per year that compounds over a long holding period. On income, UNIY currently yields 5.06% against 4.22% for WTBN.
Holdings Overlap
We hold position weights for 5,275 holdings in UNIY and 14 in WTBN, totalling 64.9% and 99.7% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 5,275 positions we hold weights for in UNIY and 14 in WTBN, against full books of 6,627 and 14.
What only one of them owns
Measured across the 5,275 and 14 positions we hold weights for.
UNIY holds 2,350 positions WTBN does not, 64.9% of the fund.
Largest: T 3.5 01/31/28 2.32%, T 0.625 08/15/30 2.07%, T 3 08/15/52 1.94%, TVA 3.5 12/15/42 0.62%, T 4 01/15/27 0.61%
You are not choosing between two funds in isolation.
Whichever of UNIY and WTBN you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, UNIY or WTBN?
UNIY has an expense ratio of 0.15% while WTBN charges 0.60%. UNIY is the cheaper option, by $45 a year on a $10,000 investment.
Which performed better, UNIY or WTBN?
Over the past year UNIY returned -1.93% vs -3.25% for WTBN, so UNIY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, UNIY or WTBN?
UNIY has been the more volatile fund at 4.5% annualized versus 4.3% for WTBN. Worst drawdown: UNIY -4.4% vs WTBN -5.1%.
Should I hold both UNIY and WTBN?
UNIY and WTBN have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, UNIY or WTBN?
UNIY yields 5.06% while WTBN yields 4.22%, so UNIY currently pays the higher dividend yield.
Is WTBN better than UNIY?
UNIY has a lower expense ratio. UNIY led over 1Y, WTBN over the full window. The two have moved almost in lockstep, correlation 0.97. Which one suits a particular account depends on what it is for. This is information, not a recommendation.