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HYLS vs FLCB

First Trust Tactical High Yield ETF vs Franklin U.S. Core Bond ETF

HYLS

First Trust Tactical High Yield ETF

First Trust

Annual cost

0.69%

Fund size

$1.6B

FLCB

Franklin U.S. Core Bond ETF

Franklin Templeton Investments

Annual cost

0.15%

Fund size

$2.9B

Key differences

  • FLCB costs 0.54% less per year.
  • HYLS is classified as alternative, while FLCB is fixed income — different risk/return profiles.
  • HYLS follows a long short strategy; FLCB uses index tracking.
  • Over the last 3 years, HYLS has delivered higher annualized returns.
  • HYLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYLSFLCB
Annual cost (TER)0.69%0.15%
Fund size (AUM)$1.6B$2.9B
Since20132019
Dividend yield6.65%4.23%
Asset classalternativefixed income
Regionnorth america
Strategylong shortindex tracking
CAGR 1Y+5.9%+5.7%
CAGR 3Y+7.9%+3.7%
CAGR 5Y+3.0%-0.0%
Sharpe 3Y0.870.04
Volatility 1Y3.56%3.89%
Max drawdown-22.99%-18.82%

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

Similar to HYLS and FLCB