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HYLS vs MUSI

First Trust Tactical High Yield ETF vs American Century Multisector Income ETF

HYLS

First Trust Tactical High Yield ETF

Annual cost

0.69%

Fund size

$1.6B

MUSI

American Century Multisector Income ETF

Annual cost

0.38%

Fund size

$221M

Key differences

Both HYLS and MUSI are fixed income ETFs. HYLS charges 0.69% a year and MUSI 0.38%. The main difference: HYLS follows a long short strategy; MUSI uses active selection.

  • HYLS follows a long short strategy; MUSI uses active selection.
  • MUSI costs 0.31% less per year.
  • HYLS is much larger than MUSI. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, HYLS has delivered higher annualized returns.
  • HYLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYLSMUSI
Annual cost (TER)0.69%0.38%
Fund size (AUM)$1.6B$221M
Since20132021
Dividend yield6.70%5.61%
Asset classfixed incomefixed income
Regionnorth america
Strategylong shortactive selection
CAGR 1Y+4.9%+5.2%
CAGR 3Y+8.1%+6.2%
CAGR 5Y+2.9%N/A
Sharpe 3Y0.890.53
Volatility 1Y3.52%3.34%
Max drawdown-22.99%-13.91%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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