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HYLS vs SHYL

First Trust Tactical High Yield ETF vs Xtrackers Short Duration High Yield Bond ETF

HYLS

First Trust Tactical High Yield ETF

First Trust

Annual cost

0.69%

Fund size

$1.6B

SHYL

Xtrackers Short Duration High Yield Bond ETF

Xtrackers

Annual cost

0.20%

Fund size

$261M

Key differences

  • SHYL costs 0.49% less per year.
  • HYLS is significantly larger than SHYL — larger funds tend to be more liquid and less likely to close.
  • HYLS is classified as alternative, while SHYL is fixed income — different risk/return profiles.
  • HYLS follows a long short strategy; SHYL uses index tracking.
  • HYLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYLSSHYL
Annual cost (TER)0.69%0.20%
Fund size (AUM)$1.6B$261M
Since20132018
Dividend yield6.65%6.96%
Asset classalternativefixed income
Regionnorth america
Strategylong shortindex tracking
CAGR 1Y+6.1%+7.2%
CAGR 3Y+8.0%+8.6%
CAGR 5Y+3.0%+5.1%
Sharpe 3Y0.891.05
Volatility 1Y3.57%3.27%
Max drawdown-22.99%-19.26%

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

Similar to HYLS and SHYL