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HYLS vs SHYM

First Trust Tactical High Yield ETF vs BlackRock ETF Trust II - iShares Short Duration High Yield Muni Active ETF

HYLS

First Trust Tactical High Yield ETF

First Trust

Annual cost

0.69%

Fund size

$1.6B

SHYM

BlackRock ETF Trust II - iShares Short Duration High Yield Muni Active ETF

Annual cost

Fund size

Key differences

  • HYLS is classified as alternative, while SHYM is fixed income — different risk/return profiles.
  • HYLS follows a long short strategy; SHYM uses index tracking.
  • Over the last 3 years, HYLS has delivered higher annualized returns.

Side-by-side comparison

HYLSSHYM
Annual cost (TER)0.69%
Fund size (AUM)$1.6B
Since2013
Dividend yield6.65%
Asset classalternativefixed income
Regionnorth america
Strategylong shortindex tracking
CAGR 1Y+5.9%+4.4%
CAGR 3Y+7.9%+5.7%
CAGR 5Y+3.0%+1.2%
Sharpe 3Y0.870.34
Volatility 1Y3.56%3.14%
Max drawdown-22.99%-22.55%

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

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