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HYLS vs CGHY

First Trust Tactical High Yield ETF vs Capital Group High Yield Bond ETF

HYLS

First Trust Tactical High Yield ETF

First Trust

Annual cost

0.69%

Fund size

$1.6B

CGHY

Capital Group High Yield Bond ETF

Capital Group

Annual cost

0.39%

Fund size

$94M

Key differences

  • CGHY costs 0.30% less per year.
  • HYLS is significantly larger than CGHY — larger funds tend to be more liquid and less likely to close.
  • HYLS is classified as alternative, while CGHY is fixed income — different risk/return profiles.
  • HYLS follows a long short strategy; CGHY uses index tracking.
  • HYLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYLSCGHY
Annual cost (TER)0.69%0.39%
Fund size (AUM)$1.6B$94M
Since20132025
Dividend yield6.65%
Asset classalternativefixed income
Regionglobal
Strategylong shortindex tracking
CAGR 1Y+5.9%N/A
CAGR 3Y+7.9%N/A
CAGR 5Y+3.0%N/A
Sharpe 3Y0.87N/A
Volatility 1Y3.56%
Max drawdown-22.99%-2.38%

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

Similar to HYLS and CGHY