Screener
HYBX vs HYLS
TCW High Yield Bond ETF vs First Trust Tactical High Yield ETF
Key differences
Both HYBX and HYLS are fixed income ETFs. HYBX charges 0.50% a year and HYLS 0.69%. The main difference: HYBX follows a active selection strategy; HYLS uses long short.
- HYBX follows a active selection strategy; HYLS uses long short.
- HYBX costs 0.19% less per year.
- HYLS is much larger than HYBX. Larger funds are usually more liquid and less likely to close.
- HYBX has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| HYBX | HYLS | |
|---|---|---|
| Annual cost (TER) | 0.50% | 0.69% |
| Fund size (AUM) | $32M | $1.6B |
| Since | 1993 | 2013 |
| Dividend yield | 7.53% | 6.70% |
| Asset class | fixed income | fixed income |
| Region | global ex us | — |
| Strategy | active selection | long short |
| CAGR 1Y | +5.5% | +5.0% |
| CAGR 3Y | N/A | +7.9% |
| CAGR 5Y | N/A | +2.9% |
| Sharpe 3Y | N/A | 0.87 |
| Volatility 1Y | 6.64% | 3.51% |
| Max drawdown | -3.93% | -22.99% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.