Screener
HYLS vs MSTI
First Trust Tactical High Yield ETF vs Madison Short-Term Strategic Income ETF
Key differences
Both HYLS and MSTI are fixed income ETFs. HYLS charges 0.69% a year and MSTI 0.36%. The main difference: HYLS follows a long short strategy; MSTI uses active selection.
- HYLS follows a long short strategy; MSTI uses active selection.
- MSTI costs 0.33% less per year.
- HYLS is much larger than MSTI. Larger funds are usually more liquid and less likely to close.
- HYLS has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| HYLS | MSTI | |
|---|---|---|
| Annual cost (TER) | 0.69% | 0.36% |
| Fund size (AUM) | $1.6B | $49M |
| Since | 2013 | 2023 |
| Dividend yield | 6.70% | 5.31% |
| Asset class | fixed income | fixed income |
| Region | — | north america |
| Strategy | long short | active selection |
| CAGR 1Y | +5.0% | +4.0% |
| CAGR 3Y | +7.9% | N/A |
| CAGR 5Y | +2.9% | N/A |
| Sharpe 3Y | 0.87 | N/A |
| Volatility 1Y | 3.51% | 2.45% |
| Max drawdown | -22.99% | -1.47% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.