Screener
HYLS vs AHYB
First Trust Tactical High Yield ETF vs American Century Select High Yield ETF
Key differences
Both HYLS and AHYB are fixed income ETFs. HYLS charges 0.69% a year and AHYB 0.45%. The main difference: HYLS follows a long short strategy; AHYB uses active selection.
- HYLS follows a long short strategy; AHYB uses active selection.
- AHYB costs 0.24% less per year.
- HYLS is much larger than AHYB. Larger funds are usually more liquid and less likely to close.
- HYLS has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| HYLS | AHYB | |
|---|---|---|
| Annual cost (TER) | 0.69% | 0.45% |
| Fund size (AUM) | $1.6B | $60M |
| Since | 2013 | 2021 |
| Dividend yield | 6.70% | 5.95% |
| Asset class | fixed income | fixed income |
| Region | — | north america |
| Strategy | long short | active selection |
| CAGR 1Y | +4.9% | +6.2% |
| CAGR 3Y | +8.1% | +8.2% |
| CAGR 5Y | +2.9% | N/A |
| Sharpe 3Y | 0.89 | 0.93 |
| Volatility 1Y | 3.52% | 3.37% |
| Max drawdown | -22.99% | -14.76% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.