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HYLS vs HYLB

First Trust Tactical High Yield ETF vs Xtrackers USD High Yield Corporate Bond ETF

HYLS

First Trust Tactical High Yield ETF

First Trust

Annual cost

0.69%

Fund size

$1.6B

HYLB

Xtrackers USD High Yield Corporate Bond ETF

Xtrackers

Annual cost

0.05%

Fund size

$3.4B

Key differences

  • HYLB costs 0.64% less per year.
  • HYLS is classified as alternative, while HYLB is fixed income — different risk/return profiles.
  • HYLS follows a long short strategy; HYLB uses index tracking.
  • Over the last 3 years, HYLB has delivered higher annualized returns.

Side-by-side comparison

HYLSHYLB
Annual cost (TER)0.69%0.05%
Fund size (AUM)$1.6B$3.4B
Since20132016
Dividend yield6.65%6.44%
Asset classalternativefixed income
Regionnorth america
Strategylong shortindex tracking
CAGR 1Y+6.1%+7.9%
CAGR 3Y+8.0%+9.1%
CAGR 5Y+3.0%+4.2%
Sharpe 3Y0.891.02
Volatility 1Y3.57%3.75%
Max drawdown-22.99%-22.91%

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

Similar to HYLS and HYLB