Skip to content
Beacon
Screener

HYLS vs IGCB

First Trust Tactical High Yield ETF vs TCW Corporate Bond ETF

HYLS

First Trust Tactical High Yield ETF

First Trust

Annual cost

0.69%

Fund size

$1.6B

IGCB

TCW Corporate Bond ETF

TCW

Annual cost

0.35%

Fund size

$39M

Key differences

  • IGCB costs 0.34% less per year.
  • HYLS is significantly larger than IGCB — larger funds tend to be more liquid and less likely to close.
  • HYLS is classified as alternative, while IGCB is fixed income — different risk/return profiles.
  • HYLS follows a long short strategy; IGCB uses index tracking.
  • HYLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYLSIGCB
Annual cost (TER)0.69%0.35%
Fund size (AUM)$1.6B$39M
Since20132018
Dividend yield6.65%4.67%
Asset classalternativefixed income
Region
Strategylong shortindex tracking
CAGR 1Y+5.9%+6.3%
CAGR 3Y+7.9%N/A
CAGR 5Y+3.0%N/A
Sharpe 3Y0.87N/A
Volatility 1Y3.56%4.02%
Max drawdown-22.99%-4.20%

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

Similar to HYLS and IGCB