HYLS vs. RYLD

In the year-to-date period, HYLS achieves a 2.33% return, which is significantly higher than RYLD's -6.77% return.

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HYLS has a 1.01% expense ratio, which is higher than RYLD's 0.60% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for First Trust Tactical High Yield ETF (HYLS) and Global X Russell 2000 Covered Call ETF (RYLD). 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.

The current HYLS Sharpe Ratio is 1.80, which is higher than the RYLD Sharpe Ratio of -0.01. The chart below compares the historical Sharpe Ratios of HYLS and RYLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

HYLS has not paid dividends to shareholders, while RYLD's dividend yield for the trailing twelve months is around 13.23%.

The maximum HYLS drawdown since its inception was -22.99%, smaller than the maximum RYLD drawdown of -41.53%. Use the drawdown chart below to compare losses from any high point for HYLS and RYLD. For additional features, visit the drawdowns tool.

The current volatility for First Trust Tactical High Yield ETF (HYLS) is 1.86%, while Global X Russell 2000 Covered Call ETF (RYLD) has a volatility of 3.29%. This indicates that HYLS experiences smaller price fluctuations and is considered to be less risky than RYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.