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HYLS vs SCHO

First Trust Tactical High Yield ETF vs Schwab Short-Term U.S. Treasury ETF

HYLS

First Trust Tactical High Yield ETF

First Trust

Annual cost

0.69%

Fund size

$1.6B

SCHO

Schwab Short-Term U.S. Treasury ETF

Schwab ETFs

Annual cost

0.03%

Fund size

$12.5B

Key differences

  • SCHO costs 0.66% less per year.
  • SCHO is significantly larger than HYLS — larger funds tend to be more liquid and less likely to close.
  • HYLS is classified as alternative, while SCHO is fixed income — different risk/return profiles.
  • HYLS follows a long short strategy; SCHO uses index tracking.
  • Over the last 3 years, HYLS has delivered higher annualized returns.

Side-by-side comparison

HYLSSCHO
Annual cost (TER)0.69%0.03%
Fund size (AUM)$1.6B$12.5B
Since20132010
Dividend yield6.65%3.97%
Asset classalternativefixed income
Regionnorth america
Strategylong shortindex tracking
CAGR 1Y+5.9%+3.5%
CAGR 3Y+7.9%+3.9%
CAGR 5Y+3.0%+1.8%
Sharpe 3Y0.870.20
Volatility 1Y3.56%1.38%
Max drawdown-22.99%-5.69%

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

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