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TAFL vs HYFI

AB Tax-Aware Long Municipal ETF vs AB High Yield ETF

TAFL

AB Tax-Aware Long Municipal ETF

AllianceBernstein

Annual cost

0.28%

Fund size

$49M

HYFI

AB High Yield ETF

AllianceBernstein

Annual cost

0.40%

Fund size

$334M

Key differences

  • TAFL costs 0.12% less per year.
  • HYFI is significantly larger than TAFL — larger funds tend to be more liquid and less likely to close.
  • TAFL is classified as alternative, while HYFI is fixed income — different risk/return profiles.
  • HYFI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TAFLHYFI
Annual cost (TER)0.28%0.40%
Fund size (AUM)$49M$334M
Since20232016
Dividend yield4.11%6.79%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+7.0%+8.7%
CAGR 3YN/A+9.3%
CAGR 5YN/AN/A
Sharpe 3YN/A1.02
Volatility 1Y4.28%3.98%
Max drawdown-6.01%-6.34%

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

Similar to TAFL and HYFI