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HYLS vs FSYD

First Trust Tactical High Yield ETF vs Fidelity Sustainable High Yield ETF

HYLS

First Trust Tactical High Yield ETF

First Trust

Annual cost

0.69%

Fund size

$1.6B

FSYD

Fidelity Sustainable High Yield ETF

Fidelity Investments

Annual cost

0.55%

Fund size

$113M

Key differences

  • FSYD costs 0.14% less per year.
  • HYLS is significantly larger than FSYD — larger funds tend to be more liquid and less likely to close.
  • HYLS is classified as alternative, while FSYD is fixed income — different risk/return profiles.
  • HYLS follows a long short strategy; FSYD uses index tracking.
  • Over the last 3 years, FSYD has delivered higher annualized returns.
  • HYLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYLSFSYD
Annual cost (TER)0.69%0.55%
Fund size (AUM)$1.6B$113M
Since20132022
Dividend yield6.65%6.39%
Asset classalternativefixed income
Region
Strategylong shortindex tracking
CAGR 1Y+5.9%+10.7%
CAGR 3Y+7.9%+9.8%
CAGR 5Y+3.0%N/A
Sharpe 3Y0.871.10
Volatility 1Y3.56%4.25%
Max drawdown-22.99%-12.11%

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

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