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HYLS vs YEAR

First Trust Tactical High Yield ETF vs AB Ultra Short Income ETF

HYLS

First Trust Tactical High Yield ETF

First Trust

Annual cost

0.69%

Fund size

$1.6B

YEAR

AB Ultra Short Income ETF

AllianceBernstein

Annual cost

0.25%

Fund size

$1.5B

Key differences

  • YEAR costs 0.44% less per year.
  • HYLS is classified as alternative, while YEAR is fixed income — different risk/return profiles.
  • HYLS follows a long short strategy; YEAR uses active selection.
  • Over the last 3 years, HYLS has delivered higher annualized returns.
  • HYLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYLSYEAR
Annual cost (TER)0.69%0.25%
Fund size (AUM)$1.6B$1.5B
Since20132022
Dividend yield6.65%4.21%
Asset classalternativefixed income
Region
Strategylong shortactive selection
CAGR 1Y+6.1%+3.9%
CAGR 3Y+8.0%+5.0%
CAGR 5Y+3.0%N/A
Sharpe 3Y0.891.30
Volatility 1Y3.57%0.77%
Max drawdown-22.99%-0.79%

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

Similar to HYLS and YEAR