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HYLS vs FCOR

First Trust Tactical High Yield ETF vs Fidelity Corporate Bond ETF

HYLS

First Trust Tactical High Yield ETF

First Trust

Annual cost

0.69%

Fund size

$1.6B

FCOR

Fidelity Corporate Bond ETF

Fidelity Investments

Annual cost

0.36%

Fund size

$339M

Key differences

  • FCOR costs 0.33% less per year.
  • HYLS is significantly larger than FCOR — larger funds tend to be more liquid and less likely to close.
  • HYLS is classified as alternative, while FCOR is fixed income — different risk/return profiles.
  • HYLS follows a long short strategy; FCOR uses index tracking.
  • Over the last 3 years, HYLS has delivered higher annualized returns.

Side-by-side comparison

HYLSFCOR
Annual cost (TER)0.69%0.36%
Fund size (AUM)$1.6B$339M
Since20132014
Dividend yield6.65%4.55%
Asset classalternativefixed income
Regionnorth america
Strategylong shortindex tracking
CAGR 1Y+5.9%+6.8%
CAGR 3Y+7.9%+5.6%
CAGR 5Y+3.0%+0.7%
Sharpe 3Y0.870.35
Volatility 1Y3.56%4.44%
Max drawdown-22.99%-22.60%

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

Similar to HYLS and FCOR