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HYLS vs SKRE

First Trust Tactical High Yield ETF vs Tuttle Capital Daily 2X Inverse Regional Banks ETF

HYLS

First Trust Tactical High Yield ETF

Annual cost

0.69%

Fund size

$1.6B

SKRE

Tuttle Capital Daily 2X Inverse Regional Banks ETF

Annual cost

0.75%

Fund size

$10M

Key differences

  • HYLS costs 0.06% less per year.
  • HYLS is significantly larger than SKRE — larger funds tend to be more liquid and less likely to close.
  • HYLS is classified as alternative, while SKRE is equity — different risk/return profiles.
  • HYLS follows a long short strategy; SKRE uses inverse.
  • HYLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYLSSKRE
Annual cost (TER)0.69%0.75%
Fund size (AUM)$1.6B$10M
Since20132024
Dividend yield6.65%0.31%
Asset classalternativeequity
Regionnorth america
Strategylong shortinverse
CAGR 1Y+5.8%-43.5%
CAGR 3Y+8.1%N/A
CAGR 5Y+3.0%N/A
Sharpe 3Y0.91N/A
Volatility 1Y3.51%46.47%
Max drawdown-22.99%-75.30%

Similar to HYLS and SKRE