Skip to content
Beacon
Screener

HYLS vs FIXT

First Trust Tactical High Yield ETF vs TCW Core Plus Bond ETF

HYLS

First Trust Tactical High Yield ETF

First Trust

Annual cost

0.69%

Fund size

$1.6B

FIXT

TCW Core Plus Bond ETF

TCW

Annual cost

0.40%

Fund size

$212M

Key differences

  • FIXT costs 0.29% less per year.
  • HYLS is significantly larger than FIXT — larger funds tend to be more liquid and less likely to close.
  • HYLS is classified as alternative, while FIXT is fixed income — different risk/return profiles.
  • HYLS follows a long short strategy; FIXT uses active selection.
  • FIXT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYLSFIXT
Annual cost (TER)0.69%0.40%
Fund size (AUM)$1.6B$212M
Since20132002
Dividend yield6.65%4.99%
Asset classalternativefixed income
Regionglobal
Strategylong shortactive selection
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%-3.02%

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

Similar to HYLS and FIXT