Screener
HYLS vs FMKT
First Trust Tactical High Yield ETF vs The Free Markets ETF
Key differences
- HYLS costs 0.07% less per year.
- HYLS is significantly larger than FMKT — larger funds tend to be more liquid and less likely to close.
- HYLS is classified as alternative, while FMKT is equity — different risk/return profiles.
- HYLS follows a long short strategy; FMKT uses active selection.
- HYLS has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| HYLS | FMKT | |
|---|---|---|
| Annual cost (TER) | 0.69% | 0.76% |
| Fund size (AUM) | $1.6B | $15M |
| Since | 2013 | 2025 |
| Dividend yield | 6.65% | — |
| Asset class | alternative | equity |
| Region | — | north america |
| Strategy | long short | active selection |
| CAGR 1Y | +6.1% | N/A |
| CAGR 3Y | +8.0% | N/A |
| CAGR 5Y | +3.0% | N/A |
| Sharpe 3Y | 0.89 | N/A |
| Volatility 1Y | 3.57% | — |
| Max drawdown | -22.99% | -17.79% |
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