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TYLD vs HYLS

Cambria Tactical Yield ETF vs First Trust Tactical High Yield ETF

TYLD

Cambria Tactical Yield ETF

Cambria Investment Management

Annual cost

0.59%

Fund size

$33M

HYLS

First Trust Tactical High Yield ETF

First Trust

Annual cost

0.69%

Fund size

$1.6B

Key differences

  • TYLD costs 0.10% less per year.
  • HYLS is significantly larger than TYLD — larger funds tend to be more liquid and less likely to close.
  • TYLD is classified as fixed income, while HYLS is alternative — different risk/return profiles.
  • TYLD follows a active selection strategy; HYLS uses long short.
  • HYLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TYLDHYLS
Annual cost (TER)0.59%0.69%
Fund size (AUM)$33M$1.6B
Since20242013
Dividend yield4.71%6.65%
Asset classfixed incomealternative
Regionnorth america
Strategyactive selectionlong short
CAGR 1Y+4.1%+5.9%
CAGR 3YN/A+7.9%
CAGR 5YN/A+3.0%
Sharpe 3YN/A0.87
Volatility 1Y0.75%3.56%
Max drawdown-1.06%-22.99%

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

Similar to TYLD and HYLS