HTUS vs. HYLD

Last updated Jun 24, 2026

HTUS (Hull Tactical US ETF) and HYLD (High Yield ETF) are both exchange-traded funds - HTUS is a Long-Short fund actively managed by Exchange Traded Concepts, while HYLD is a High Yield Bonds fund actively managed by Exchange Traded Concepts. Both are actively managed. At a 0.20 correlation, their price movements are largely independent. HTUS charges 0.97%/yr vs 1.29%/yr for HYLD.

Performance

HTUS vs. HYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hull Tactical US ETF (HTUS) and High Yield ETF (HYLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HTUS

• 1D: -1.20%
• 1M: -0.99%
• YTD: 8.95%
• 6M: 8.55%
• 1Y: 24.12%
• 3Y*: 20.35%
• 5Y*: 14.66%
• 10Y*: 12.20%

HYLD

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HTUS vs. HYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HTUS Hull Tactical US ETF	8.95%	16.57%	25.02%	30.11%	-13.00%	24.29%	13.21%	20.27%	-10.04%	14.19%
HYLD High Yield ETF	0.00%	0.00%	0.00%	2.80%	-11.48%	5.41%	3.11%	7.16%	0.25%	8.97%

Correlation

The correlation between HTUS and HYLD is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.06
Correlation (5Y) Calculated over the trailing 5-year period	0.25
Correlation (10Y) Calculated over the trailing 10-year period	0.20
Correlation (All Time) Calculated using the full available price history since Jun 25, 2015	0.20

The correlation between HTUS and HYLD shifts across timeframes, from 0.06 (3 years) to 0.25 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

HTUS vs. HYLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HTUS

HTUS Risk / Return Rank: 68
HTUS Sharpe Ratio Rank: 65
HTUS Sortino Ratio Rank: 68
HTUS Omega Ratio Rank: 69
HTUS Calmar Ratio Rank: 59
HTUS Martin Ratio Rank: 76

HYLD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HTUS vs. HYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hull Tactical US ETF (HTUS) and High Yield ETF (HYLD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	HTUS	HYLD	Difference
Sharpe ratio: Return per unit of total volatility	2.02	—	—
Sortino ratio: Return per unit of downside risk	2.95	—	—
Omega ratio: Gain probability vs. loss probability	1.39	—	—
Calmar ratio: Return relative to maximum drawdown	2.79	—	—
Martin ratio: Return relative to average drawdown	13.82	—	—

Drawdowns

Drawdown Indicators

	HTUS	HYLD	Difference
Max Drawdown Largest peak-to-trough decline	-47.50%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-8.68%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-24.41%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.41%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-47.50%	—	—
Current Drawdown Current decline from peak	-2.67%	—	—
Average Drawdown Average peak-to-trough decline	-4.05%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.75%	—	—

Volatility

Volatility by Period

	HTUS	HYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.02%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.00%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.04%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.09%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.49%	—	—

HTUS vs. HYLD - Expense Ratio Comparison

HTUS has a 0.97% expense ratio, which is lower than HYLD's 1.29% expense ratio.

Dividends

HTUS vs. HYLD - Dividend Comparison

HTUS's dividend yield for the trailing twelve months is around 10.91%, while HYLD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HTUS Hull Tactical US ETF	10.91%	11.89%	17.80%	1.18%	5.63%	7.20%	3.77%	0.92%	8.69%	8.29%	3.02%	0.00%
HYLD High Yield ETF	0.00%	0.00%	0.00%	4.67%	7.86%	6.45%	7.52%	7.46%	7.97%	7.18%	6.59%	10.87%

Frequently Asked Questions

Can I hold both HTUS and HYLD in my portfolio?

HTUS and HYLD have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HTUS or HYLD?

On fees, HTUS is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HTUS or HYLD?

HTUS is cheaper with a 0.97% expense ratio, compared with 1.29% for HYLD.

Which ETF pays a higher dividend yield, HTUS or HYLD?

HTUS has the higher dividend yield at 10.91%, compared with 0.00% for HYLD.

What is the main difference between HTUS and HYLD?

HTUS is categorized as Long-Short, while HYLD is High Yield Bonds. Their fees differ too: 0.97% for HTUS and 1.29% for HYLD.