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HYLS vs HYTI

First Trust Tactical High Yield ETF vs FT Vest High Yield & Target Income ETF

HYLS

First Trust Tactical High Yield ETF

First Trust

Annual cost

0.69%

Fund size

$1.6B

HYTI

FT Vest High Yield & Target Income ETF

First Trust

Annual cost

0.65%

Fund size

$82M

Key differences

  • HYLS is significantly larger than HYTI — larger funds tend to be more liquid and less likely to close.
  • HYLS follows a long short strategy; HYTI uses option income.
  • HYLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYLSHYTI
Annual cost (TER)0.69%0.65%
Fund size (AUM)$1.6B$82M
Since20132025
Dividend yield6.65%10.31%
Asset classalternativealternative
Regionnorth america
Strategylong shortoption income
CAGR 1Y+6.1%+7.1%
CAGR 3Y+8.0%N/A
CAGR 5Y+3.0%N/A
Sharpe 3Y0.89N/A
Volatility 1Y3.57%3.86%
Max drawdown-22.99%-4.47%

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

Similar to HYLS and HYTI