Skip to content
Beacon
Screener

HYLS vs SCHQ

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

HYLS

First Trust Tactical High Yield ETF

First Trust

Annual cost

0.69%

Fund size

$1.6B

SCHQ

Schwab Long-Term U.S. Treasury ETF

Schwab ETFs

Annual cost

0.03%

Fund size

$897M

Key differences

  • SCHQ costs 0.66% less per year.
  • HYLS is classified as alternative, while SCHQ is fixed income — different risk/return profiles.
  • HYLS follows a long short strategy; SCHQ uses index tracking.
  • Over the last 3 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

HYLSSCHQ
Annual cost (TER)0.69%0.03%
Fund size (AUM)$1.6B$897M
Since20132019
Dividend yield6.65%4.76%
Asset classalternativefixed income
Regionnorth america
Strategylong shortindex tracking
CAGR 1Y+5.9%+5.6%
CAGR 3Y+7.9%-1.3%
CAGR 5Y+3.0%-5.1%
Sharpe 3Y0.87-0.31
Volatility 1Y3.56%9.07%
Max drawdown-22.99%-46.13%

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

Similar to HYLS and SCHQ