HYLSFirst Trust Tactical High Yield ETF
Provides current income and capital appreciation.
By First Trust · Launched 2013
Annual Cost
0.69%
#3,610 of 5,861 · average
Fund Size
$1.6B
#853 of 5,861 · large
Return (1Y)Goal
+3.9%
Track Record
13 years
#1,042 of 5,861 · established
Performance
Total-return NAV · USDGrowth of $10,000
$10,252+2.5%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
Fixed incomeRegion
North americaStrategy
Long short
Index tracked
ICE BofA US High Yield Constrained Index
What it actually holds
By weightConcentration
Top 10 holdings = 12.1% of fund✓ well diversified
1011778 B.C. ULC / NEW RED FINANCE INC
1.5%
ONEDIGITAL BORR 06/12/32
1.4%
BALDWIN INSURANCE GROUP HOLDINGS LLC (THE)
1.4%
UNITED RENTALS (NORTH AMERICA) INC
1.3%
QXO INC
1.2%
DISH NETWORK CORP
1.1%
ALLIANT HOLDINGS INTERMEDIATE LLC
1.1%
FAIR ISAAC CORP
1.1%
QUIKRETE HOLDINGS INC
1.1%
ATHENAHEALTH GROUP INC
1.0%
Asset allocation
Bonds
99.9%
Preferred
0.3%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
3.5%Low
Year-on-year price swings
Max drawdown
-23.0%Moderate
Worst peak-to-trough loss
Sharpe (3Y)
0.75Decent risk-adjusted returns
Sortino (3Y)
1.12Good downside protection
Bond profile
Duration
6.8 years
Avg maturity
10.0 years
Credit ratings
BBB
4.7%
BB
43.2%
B
38.0%
Below B
11.3%
Other
2.7%
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Provides current income and capital appreciation.
- Strategy
- Invests primarily in high yield debt securities rated below investment grade, including U.S. and non-U.S. corporate debt obligations. Maintains long and short positions to capitalize on market opportunities and manage risk.
- Inception date
- February 25, 2013
- Fund family
- First Trust
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Data updated on 2026-08-04