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HYLS vs PWRD

First Trust Tactical High Yield ETF vs TCW Transform Systems ETF

HYLS

First Trust Tactical High Yield ETF

Annual cost

0.69%

Fund size

$1.6B

PWRD

TCW Transform Systems ETF

Annual cost

0.75%

Fund size

$1.4B

Key differences

HYLS is a fixed income ETF, while PWRD is an equity ETF. HYLS charges 0.69% a year and PWRD 0.75%.

  • HYLS is a fixed income fund, while PWRD is an equity fund. They carry different risk/return profiles.
  • HYLS follows a long short strategy; PWRD uses active selection.
  • HYLS costs 0.06% less per year.
  • Over the last three years, PWRD has delivered higher annualized returns.
  • HYLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYLSPWRD
Annual cost (TER)0.69%0.75%
Fund size (AUM)$1.6B$1.4B
Since20132022
Dividend yield6.70%0.15%
Asset classfixed incomeequity
Regionnorth america
Strategylong shortactive selection
CAGR 1Y+5.0%+32.3%
CAGR 3Y+7.9%+32.3%
CAGR 5Y+2.9%N/A
Sharpe 3Y0.871.22
Volatility 1Y3.51%23.94%
Max drawdown-22.99%-25.87%

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

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