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HYLS vs SCYB

First Trust Tactical High Yield ETF vs Schwab High Yield Bond ETF

HYLS

First Trust Tactical High Yield ETF

First Trust

Annual cost

0.69%

Fund size

$1.6B

SCYB

Schwab High Yield Bond ETF

Schwab ETFs

Annual cost

0.03%

Fund size

$2.5B

Key differences

  • SCYB costs 0.66% less per year.
  • HYLS is classified as alternative, while SCYB is fixed income — different risk/return profiles.
  • HYLS follows a long short strategy; SCYB uses index tracking.
  • HYLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYLSSCYB
Annual cost (TER)0.69%0.03%
Fund size (AUM)$1.6B$2.5B
Since20132023
Dividend yield6.65%6.97%
Asset classalternativefixed income
Regionnorth america
Strategylong shortindex tracking
CAGR 1Y+6.1%+8.2%
CAGR 3Y+8.0%N/A
CAGR 5Y+3.0%N/A
Sharpe 3Y0.89N/A
Volatility 1Y3.57%3.79%
Max drawdown-22.99%-4.92%

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

Similar to HYLS and SCYB