Screener
HYLS vs GTOQ
First Trust Tactical High Yield ETF vs Invesco High Yield Systematic Bond ETF
Key differences
- GTOQ costs 0.30% less per year.
- HYLS is significantly larger than GTOQ — larger funds tend to be more liquid and less likely to close.
- HYLS follows a long short strategy; GTOQ uses multi strategy.
- Over the last 3 years, GTOQ has delivered higher annualized returns.
- HYLS has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| HYLS | GTOQ | |
|---|---|---|
| Annual cost (TER) | 0.69% | 0.39% |
| Fund size (AUM) | $1.6B | $162M |
| Since | 2013 | 2020 |
| Dividend yield | 6.65% | 6.92% |
| Asset class | alternative | alternative |
| Region | — | north america |
| Strategy | long short | multi strategy |
| CAGR 1Y | +5.9% | +8.0% |
| CAGR 3Y | +7.9% | +9.3% |
| CAGR 5Y | +3.0% | +4.0% |
| Sharpe 3Y | 0.87 | 1.13 |
| Volatility 1Y | 3.56% | 3.76% |
| Max drawdown | -22.99% | -15.96% |
Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.
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