HYLS vs. HYUP
Compare and contrast key facts about First Trust Tactical High Yield ETF (HYLS) and Xtrackers High Beta High Yield Bond ETF (HYUP).
HYLS and HYUP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYLS is an actively managed fund by First Trust. It was launched on Feb 27, 2013. HYUP is a passively managed fund by Deutsche Bank that tracks the performance of the Solactive USD High Yield Corporates Total Market High Beta Index. It was launched on Jan 11, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HYLS or HYUP.
Correlation
The correlation between HYLS and HYUP is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
HYLS vs. HYUP - Performance Comparison
Key characteristics
HYLS:
1.71
HYUP:
2.26
HYLS:
2.37
HYUP:
3.21
HYLS:
1.32
HYUP:
1.42
HYLS:
2.64
HYUP:
4.14
HYLS:
9.55
HYUP:
15.16
HYLS:
0.72%
HYUP:
0.70%
HYLS:
4.04%
HYUP:
4.72%
HYLS:
-22.99%
HYUP:
-24.79%
HYLS:
-0.49%
HYUP:
-1.19%
Returns By Period
In the year-to-date period, HYLS achieves a 6.40% return, which is significantly lower than HYUP's 10.15% return.
HYLS
6.40%
0.49%
5.15%
6.66%
2.91%
4.03%
HYUP
10.15%
-0.33%
7.26%
10.14%
4.09%
N/A
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HYLS vs. HYUP - Expense Ratio Comparison
HYLS has a 1.01% expense ratio, which is higher than HYUP's 0.20% expense ratio.
Risk-Adjusted Performance
HYLS vs. HYUP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Tactical High Yield ETF (HYLS) and Xtrackers High Beta High Yield Bond ETF (HYUP). 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.
Dividends
HYLS vs. HYUP - Dividend Comparison
HYLS's dividend yield for the trailing twelve months is around 6.76%, less than HYUP's 7.07% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
First Trust Tactical High Yield ETF | 6.76% | 5.98% | 7.38% | 5.48% | 5.09% | 5.17% | 5.81% | 5.53% | 5.37% | 6.11% | 5.78% | 5.10% |
Xtrackers High Beta High Yield Bond ETF | 7.07% | 7.48% | 7.15% | 6.19% | 6.89% | 6.78% | 6.97% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HYLS vs. HYUP - Drawdown Comparison
The maximum HYLS drawdown since its inception was -22.99%, smaller than the maximum HYUP drawdown of -24.79%. Use the drawdown chart below to compare losses from any high point for HYLS and HYUP. For additional features, visit the drawdowns tool.
Volatility
HYLS vs. HYUP - Volatility Comparison
The current volatility for First Trust Tactical High Yield ETF (HYLS) is 1.27%, while Xtrackers High Beta High Yield Bond ETF (HYUP) has a volatility of 1.49%. This indicates that HYLS experiences smaller price fluctuations and is considered to be less risky than HYUP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.