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HYLS vs CGSM

First Trust Tactical High Yield ETF vs Capital Group Short Duration Municipal Income ETF

HYLS

First Trust Tactical High Yield ETF

First Trust

Annual cost

0.69%

Fund size

$1.6B

CGSM

Capital Group Short Duration Municipal Income ETF

Capital Group

Annual cost

0.25%

Fund size

$1.1B

Key differences

  • CGSM costs 0.44% less per year.
  • HYLS is classified as alternative, while CGSM is fixed income — different risk/return profiles.
  • HYLS follows a long short strategy; CGSM uses index tracking.
  • HYLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYLSCGSM
Annual cost (TER)0.69%0.25%
Fund size (AUM)$1.6B$1.1B
Since20132023
Dividend yield6.65%3.04%
Asset classalternativefixed income
Regionnorth america
Strategylong shortindex tracking
CAGR 1Y+5.9%+4.5%
CAGR 3Y+7.9%N/A
CAGR 5Y+3.0%N/A
Sharpe 3Y0.87N/A
Volatility 1Y3.56%1.33%
Max drawdown-22.99%-1.42%

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

Similar to HYLS and CGSM