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HYLS vs GSY

First Trust Tactical High Yield ETF vs Invesco Ultra Short Duration ETF

HYLS

First Trust Tactical High Yield ETF

First Trust

Annual cost

0.69%

Fund size

$1.6B

GSY

Invesco Ultra Short Duration ETF

Invesco

Annual cost

0.22%

Fund size

$3.5B

Key differences

  • GSY costs 0.47% less per year.
  • HYLS is classified as alternative, while GSY is fixed income — different risk/return profiles.
  • HYLS follows a long short strategy; GSY uses index tracking.
  • Over the last 3 years, HYLS has delivered higher annualized returns.
  • GSY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYLSGSY
Annual cost (TER)0.69%0.22%
Fund size (AUM)$1.6B$3.5B
Since20132008
Dividend yield6.65%4.38%
Asset classalternativefixed income
Regionnorth america
Strategylong shortindex tracking
CAGR 1Y+6.1%+4.6%
CAGR 3Y+8.0%+5.5%
CAGR 5Y+3.0%+3.6%
Sharpe 3Y0.893.45
Volatility 1Y3.57%0.40%
Max drawdown-22.99%-5.25%

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

Similar to HYLS and GSY