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HYLS vs YLD

First Trust Tactical High Yield ETF vs Principal Active High Yield ETF

HYLS

First Trust Tactical High Yield ETF

First Trust

Annual cost

0.69%

Fund size

$1.6B

YLD

Principal Active High Yield ETF

Principal Funds

Annual cost

0.39%

Fund size

$524M

Key differences

  • YLD costs 0.30% less per year.
  • HYLS is significantly larger than YLD — larger funds tend to be more liquid and less likely to close.
  • HYLS follows a long short strategy; YLD uses multi strategy.
  • Over the last 3 years, YLD has delivered higher annualized returns.

Side-by-side comparison

HYLSYLD
Annual cost (TER)0.69%0.39%
Fund size (AUM)$1.6B$524M
Since20132015
Dividend yield6.65%7.31%
Asset classalternativealternative
Regionglobal
Strategylong shortmulti strategy
CAGR 1Y+5.9%+8.3%
CAGR 3Y+7.9%+8.9%
CAGR 5Y+3.0%+5.0%
Sharpe 3Y0.870.90
Volatility 1Y3.56%4.32%
Max drawdown-22.99%-28.34%

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

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