HYZD vs UCON
WisdomTree Interest Rate Hedged High Yield Bond Fund compared with First Trust Smith Unconstrained Plus Bond ETF on yield, payout growth, payment schedule, cost and risk.
HYZD
WisdomTree Interest Rate Hedged High Yield Bond Fund
TTM yield · Monthly
UCON
First Trust Smith Unconstrained Plus Bond ETF
TTM yield · Monthly
Quick take
- HYZD yields more today: 5.81% vs 4.75% (forward).
- Both pay every month.
- Over the last year HYZD delivered the higher total return: +6.6% vs +2.9% (price change plus payouts).
- HYZD is cheaper to own: 0.43% vs 0.86% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | HYZD | UCON |
|---|---|---|
| Share price | $22.60 | $24.54 |
| TTM yield | 5.81% | 4.75% |
| Forward yield | 5.81% | 4.75% |
| Annual payout per share | $1.313 | $1.165 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Sep 25, 2026 (est.) | Sep 20, 2026 (est.) |
| Expense ratio | 0.43% | 0.86% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 94/100 | 92/100 |
| 1-year total return | +6.6% | +2.9% |
| 1-year price return | +0.8% | -1.8% |
| Size (market cap / AUM) | 293.9M | 3.3B |
| Years paying | 12.7 | 8.1 |
| Sector / category | Nontraditional Bond | Nontraditional Bond |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| HYZD | UCON | |
|---|---|---|
| Shares | 442.5 | 407.5 |
| Income per year | $581 | $475 |
| Income per month (avg) | $48 | $40 |
At forward yields, before taxes. Model HYZD · Model UCON
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| HYZD Sep 25, 2026 | Sep 27, 2026 | $0.1094 | Est. |
| HYZD Oct 25, 2026 | Oct 27, 2026 | $0.1094 | Est. |
| HYZD Nov 24, 2026 | Nov 26, 2026 | $0.1094 | Est. |
| UCON Sep 20, 2026 | Oct 4, 2026 | $0.0971 | Est. |
| UCON Oct 20, 2026 | Nov 3, 2026 | $0.0971 | Est. |
| UCON Nov 19, 2026 | Dec 3, 2026 | $0.0971 | Est. |
Annual payouts per share
HYZDUCON
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, HYZD or UCON?
HYZD currently has the higher trailing yield: HYZD yields 5.81% and UCON yields 4.75%. Yield changes daily with price, so check the live figures above.
How often do HYZD and UCON pay?
HYZD pays every month and UCON pays every month. HYZD's next ex-date is Sep 25, 2026 and UCON's is Sep 20, 2026.
Is HYZD or UCON better for income?
It depends on what you are optimising for. HYZD and UCON differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.