Screener
HYLS vs HYBX
First Trust Tactical High Yield ETF vs TCW High Yield Bond ETF
Key differences
- HYBX costs 0.19% less per year.
- HYLS is significantly larger than HYBX — larger funds tend to be more liquid and less likely to close.
- HYLS is classified as alternative, while HYBX is fixed income — different risk/return profiles.
- HYLS follows a long short strategy; HYBX uses index tracking.
- HYBX has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| HYLS | HYBX | |
|---|---|---|
| Annual cost (TER) | 0.69% | 0.50% |
| Fund size (AUM) | $1.6B | $33M |
| Since | 2013 | 1993 |
| Dividend yield | 6.65% | 7.49% |
| Asset class | alternative | fixed income |
| Region | — | north america |
| Strategy | long short | index tracking |
| CAGR 1Y | +5.9% | +7.0% |
| CAGR 3Y | +7.9% | N/A |
| CAGR 5Y | +3.0% | N/A |
| Sharpe 3Y | 0.87 | N/A |
| Volatility 1Y | 3.56% | 6.71% |
| Max drawdown | -22.99% | -3.93% |
Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.
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