Skip to content
Beacon
Screener

FMKT vs HYLS

The Free Markets ETF vs First Trust Tactical High Yield ETF

FMKT

The Free Markets ETF

Annual cost

0.76%

Fund size

$15M

HYLS

First Trust Tactical High Yield ETF

Annual cost

0.69%

Fund size

$1.6B

Key differences

  • HYLS costs 0.07% less per year.
  • HYLS is significantly larger than FMKT — larger funds tend to be more liquid and less likely to close.
  • FMKT is classified as equity, while HYLS is alternative — different risk/return profiles.
  • FMKT follows a active selection strategy; HYLS uses long short.
  • HYLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FMKTHYLS
Annual cost (TER)0.76%0.69%
Fund size (AUM)$15M$1.6B
Since20252013
Dividend yield6.65%
Asset classequityalternative
Regionnorth america
Strategyactive selectionlong short
CAGR 1YN/A+6.1%
CAGR 3YN/A+8.0%
CAGR 5YN/A+3.0%
Sharpe 3YN/A0.89
Volatility 1Y3.57%
Max drawdown-17.79%-22.99%

Similar to FMKT and HYLS