Skip to content
Beacon
Screener

HYLS vs FLHY

First Trust Tactical High Yield ETF vs Franklin High Yield Corporate ETF

HYLS

First Trust Tactical High Yield ETF

First Trust

Annual cost

0.69%

Fund size

$1.6B

FLHY

Franklin High Yield Corporate ETF

Franklin Templeton Investments

Annual cost

0.40%

Fund size

$1.1B

Key differences

  • FLHY costs 0.29% less per year.
  • HYLS is classified as alternative, while FLHY is fixed income — different risk/return profiles.
  • HYLS follows a long short strategy; FLHY uses index tracking.
  • Over the last 3 years, FLHY has delivered higher annualized returns.
  • HYLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYLSFLHY
Annual cost (TER)0.69%0.40%
Fund size (AUM)$1.6B$1.1B
Since20132018
Dividend yield6.65%6.53%
Asset classalternativefixed income
Region
Strategylong shortindex tracking
CAGR 1Y+5.9%+8.9%
CAGR 3Y+7.9%+9.6%
CAGR 5Y+3.0%+4.7%
Sharpe 3Y0.871.09
Volatility 1Y3.56%3.86%
Max drawdown-22.99%-22.57%

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

Similar to HYLS and FLHY