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HYLS vs BDGS

First Trust Tactical High Yield ETF vs Bridges Capital Tactical ETF

HYLS

First Trust Tactical High Yield ETF

First Trust

Annual cost

0.69%

Fund size

$1.6B

BDGS

Bridges Capital Tactical ETF

Bridges

Annual cost

0.87%

Fund size

$42M

Key differences

  • HYLS costs 0.18% less per year.
  • HYLS is significantly larger than BDGS — larger funds tend to be more liquid and less likely to close.
  • HYLS is classified as alternative, while BDGS is equity — different risk/return profiles.
  • HYLS follows a long short strategy; BDGS uses active selection.
  • Over the last 3 years, BDGS has delivered higher annualized returns.
  • HYLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYLSBDGS
Annual cost (TER)0.69%0.87%
Fund size (AUM)$1.6B$42M
Since20132023
Dividend yield6.65%0.53%
Asset classalternativeequity
Regionnorth america
Strategylong shortactive selection
CAGR 1Y+5.9%+14.6%
CAGR 3Y+7.9%+14.5%
CAGR 5Y+3.0%N/A
Sharpe 3Y0.871.25
Volatility 1Y3.56%6.06%
Max drawdown-22.99%-9.12%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to HYLS and BDGS