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HYLS vs SPTL

First Trust Tactical High Yield ETF vs State Street SPDR Portfolio Long Term Treasury ETF

HYLS

First Trust Tactical High Yield ETF

First Trust

Annual cost

0.69%

Fund size

$1.6B

SPTL

State Street SPDR Portfolio Long Term Treasury ETF

State Street Investment Management

Annual cost

0.03%

Fund size

$10.5B

Key differences

  • SPTL costs 0.66% less per year.
  • SPTL is significantly larger than HYLS — larger funds tend to be more liquid and less likely to close.
  • HYLS is classified as alternative, while SPTL is fixed income — different risk/return profiles.
  • HYLS follows a long short strategy; SPTL uses index tracking.
  • Over the last 3 years, HYLS has delivered higher annualized returns.
  • SPTL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYLSSPTL
Annual cost (TER)0.69%0.03%
Fund size (AUM)$1.6B$10.5B
Since20132007
Dividend yield6.65%4.20%
Asset classalternativefixed income
Regionnorth america
Strategylong shortindex tracking
CAGR 1Y+5.9%+5.7%
CAGR 3Y+7.9%-1.2%
CAGR 5Y+3.0%-5.1%
Sharpe 3Y0.87-0.31
Volatility 1Y3.56%9.08%
Max drawdown-22.99%-46.20%

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

Similar to HYLS and SPTL