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HYLS vs. FFTWX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


HYLSFFTWX
YTD Return6.16%11.03%
1Y Return12.83%20.34%
3Y Return (Ann)2.02%1.38%
5Y Return (Ann)3.24%6.65%
10Y Return (Ann)3.88%6.73%
Sharpe Ratio2.972.67
Sortino Ratio4.513.95
Omega Ratio1.621.50
Calmar Ratio1.941.55
Martin Ratio18.3716.70
Ulcer Index0.72%1.26%
Daily Std Dev4.43%7.92%
Max Drawdown-22.99%-44.91%
Current Drawdown-0.07%-0.69%

Correlation

-0.50.00.51.00.6

The correlation between HYLS and FFTWX is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

HYLS vs. FFTWX - Performance Comparison

In the year-to-date period, HYLS achieves a 6.16% return, which is significantly lower than FFTWX's 11.03% return. Over the past 10 years, HYLS has underperformed FFTWX with an annualized return of 3.88%, while FFTWX has yielded a comparatively higher 6.73% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
6.46%
6.41%
HYLS
FFTWX

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HYLS vs. FFTWX - Expense Ratio Comparison

HYLS has a 1.01% expense ratio, which is higher than FFTWX's 0.62% expense ratio.


HYLS
First Trust Tactical High Yield ETF
Expense ratio chart for HYLS: current value at 1.01% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.01%
Expense ratio chart for FFTWX: current value at 0.62% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.62%

Risk-Adjusted Performance

HYLS vs. FFTWX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Tactical High Yield ETF (HYLS) and Fidelity Freedom 2025 Fund (FFTWX). 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.


HYLS
Sharpe ratio
The chart of Sharpe ratio for HYLS, currently valued at 2.97, compared to the broader market-2.000.002.004.006.002.97
Sortino ratio
The chart of Sortino ratio for HYLS, currently valued at 4.51, compared to the broader market0.005.0010.004.51
Omega ratio
The chart of Omega ratio for HYLS, currently valued at 1.62, compared to the broader market1.001.502.002.503.001.62
Calmar ratio
The chart of Calmar ratio for HYLS, currently valued at 1.94, compared to the broader market0.005.0010.0015.001.94
Martin ratio
The chart of Martin ratio for HYLS, currently valued at 18.37, compared to the broader market0.0020.0040.0060.0080.00100.00120.0018.37
FFTWX
Sharpe ratio
The chart of Sharpe ratio for FFTWX, currently valued at 2.67, compared to the broader market-2.000.002.004.006.002.67
Sortino ratio
The chart of Sortino ratio for FFTWX, currently valued at 3.95, compared to the broader market0.005.0010.003.95
Omega ratio
The chart of Omega ratio for FFTWX, currently valued at 1.50, compared to the broader market1.001.502.002.503.001.50
Calmar ratio
The chart of Calmar ratio for FFTWX, currently valued at 1.55, compared to the broader market0.005.0010.0015.001.55
Martin ratio
The chart of Martin ratio for FFTWX, currently valued at 16.70, compared to the broader market0.0020.0040.0060.0080.00100.00120.0016.70

HYLS vs. FFTWX - Sharpe Ratio Comparison

The current HYLS Sharpe Ratio is 2.97, which is comparable to the FFTWX Sharpe Ratio of 2.67. The chart below compares the historical Sharpe Ratios of HYLS and FFTWX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.97
2.67
HYLS
FFTWX

Dividends

HYLS vs. FFTWX - Dividend Comparison

HYLS's dividend yield for the trailing twelve months is around 6.21%, more than FFTWX's 1.98% yield.


TTM20232022202120202019201820172016201520142013
HYLS
First Trust Tactical High Yield ETF
6.21%5.98%7.38%5.48%5.09%5.17%5.81%5.53%5.37%6.11%5.78%5.10%
FFTWX
Fidelity Freedom 2025 Fund
1.98%2.05%2.89%2.42%1.09%1.72%1.84%1.28%1.63%4.17%8.80%5.88%

Drawdowns

HYLS vs. FFTWX - Drawdown Comparison

The maximum HYLS drawdown since its inception was -22.99%, smaller than the maximum FFTWX drawdown of -44.91%. Use the drawdown chart below to compare losses from any high point for HYLS and FFTWX. For additional features, visit the drawdowns tool.


-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.07%
-0.69%
HYLS
FFTWX

Volatility

HYLS vs. FFTWX - Volatility Comparison

The current volatility for First Trust Tactical High Yield ETF (HYLS) is 0.92%, while Fidelity Freedom 2025 Fund (FFTWX) has a volatility of 2.06%. This indicates that HYLS experiences smaller price fluctuations and is considered to be less risky than FFTWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%JuneJulyAugustSeptemberOctoberNovember
0.92%
2.06%
HYLS
FFTWX