Screener
HYLS vs TLT
First Trust Tactical High Yield ETF vs iShares 20+ Year Treasury Bond ETF
Key differences
- TLT costs 0.54% less per year.
- TLT is significantly larger than HYLS — larger funds tend to be more liquid and less likely to close.
- HYLS is classified as alternative, while TLT is fixed income — different risk/return profiles.
- HYLS follows a long short strategy; TLT uses index tracking.
- Over the last 3 years, HYLS has delivered higher annualized returns.
- TLT has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| HYLS | TLT | |
|---|---|---|
| Annual cost (TER) | 0.69% | 0.15% |
| Fund size (AUM) | $1.6B | $42.9B |
| Since | 2013 | 2002 |
| Dividend yield | 6.65% | 4.57% |
| Asset class | alternative | fixed income |
| Region | — | north america |
| Strategy | long short | index tracking |
| CAGR 1Y | +5.9% | +5.4% |
| CAGR 3Y | +7.9% | -2.3% |
| CAGR 5Y | +3.0% | -6.1% |
| Sharpe 3Y | 0.87 | -0.35 |
| Volatility 1Y | 3.56% | 9.95% |
| Max drawdown | -22.99% | -48.35% |
Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.
Similar to HYLS and TLT
Explore further