skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. HPYM: Similar etfs. [Harvest Premium Yield 7-10 Year Treasury ETF]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Similar etfs....20 yr vs 10 year. Why such a big difference in yield?

16% vs 8%
Asked by JACK on October 07, 2024
5i Research Answer:

Both ETFs appear quite similar but HPYT has a significantly longer dated porfolio. HPYT has a weighted maturity of 25 years vs HPYM at 8.3 years. HPYT also has a modified duration of 16.8 vs HPYM at 7.0. The longer maturity and higher duration of HPYT leads to it generating a higher yield paired with the use of covered calls. 

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

  • Access to a team of experts ready to answer your investments question 
  • Instant access to over 100,000 archived questions
  • A community of like-minded investors
  • Peace of mind knowing that 5i Research has only YOUR best interests in mind