First TrustHigh Yield BondHYLS · Nasdaq

First Trust Tactical High Yield ETF (HYLS)

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Price: $39.74; —30 Oct 2026
Assets: $1.6B; Total net assets
Expense ratio: 0.69%; Category 0.85%
Yield: 6.91%; Trailing distributions

1Y return: 1.5%-0.4%; Category 1.8%
3Y CAGR: 8.0%-0.2%; Category 8.3%
5Y CAGR: 2.8%-0.7%; Category 3.5%

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First Trust Tactical High Yield ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+1.7%	-0.2%	+0.2%	+0.4%	+1.5%	+8.0%	+2.8%	+4.1%	+4.2%
High Yield Bond average	0.7%	-1.1%	-0.6%	0.7%	1.8%	8.3%	3.5%	4.4%	4.0%
Difference	+1.1%	+0.9%	+0.8%	-0.3%	-0.4%	-0.2%	-0.7%	-0.4%	+0.2%

Holdings

Allocation as last published by the fund.

Credit quality

Share of the bonds by rating.

BBB4.4%
BB47.0%
B36.8%
Below B8.0%
Other3.7%

Asset mix

Bonds100.2%
Preferred shares0.3%

ETF details

Issuer: First Trust
Category: Fixed Income · High Yield Bond
Ticker: HYLS
Exchange: Nasdaq
Inception: 25 Feb 2013 (13.7 years)
Structure: Exchange Traded Fund
Expense ratio: 0.69% (category 0.85%)
Holdings turnover: 68% (category 74%)
Distribution yield: 6.91%
Beta, 3 years: 0.72
Total net assets: $1.6B
Average duration: 6.66 years
Average maturity: 9.63 years

Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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