First TrustHigh Yield BondHYLS · Nasdaq

First Trust Tactical High Yield ETF (HYLS)

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Price: $40.21; —11 Sept 2026
Assets: $1.6B; Total net assets
Expense ratio: 0.69%; Category 0.85%
Yield: 6.74%; Trailing distributions

1Y return: 1.7%-1.4%; Category 3.1%
3Y CAGR: 7.1%-0.7%; Category 7.8%
5Y CAGR: 2.8%-0.9%; Category 3.6%

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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	-0.8%	0.0%	+2.2%	+0.4%	+1.7%	+7.1%	+2.8%	+4.1%	+4.3%
High Yield Bond average	-0.7%	-0.0%	2.6%	1.7%	3.1%	7.8%	3.6%	4.7%	4.7%
Difference	-0.1%	0.0%	-0.4%	-1.3%	-1.4%	-0.7%	-0.9%	-0.6%	-0.5%

Holdings

Allocation as last published by the fund.

Credit quality

Share of the bonds by rating.

BBB5.4%
BB43.3%
B37.5%
Below B11.2%
Other2.6%

Asset mix

Bonds99.0%
Cash0.7%
Preferred shares0.3%

ETF details

Issuer: First Trust
Category: Fixed Income · High Yield Bond
Ticker: HYLS
Exchange: Nasdaq
Inception: 25 Feb 2013 (13.5 years)
Structure: Exchange Traded Fund
Expense ratio: 0.69% (category 0.85%)
Holdings turnover: 68% (category 74%)
Distribution yield: 6.74%
Beta, 3 years: 0.67
Total net assets: $1.6B
Average duration: 6.66 years
Average maturity: 9.92 years

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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