HYLS vs. VOO
Compare and contrast key facts about First Trust Tactical High Yield ETF (HYLS) and Vanguard S&P 500 ETF (VOO).
HYLS and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HYLS or VOO.
Key characteristics
| HYLS | VOO | |
|---|---|---|
| YTD Return | 6.16% | 27.26% |
| 1Y Return | 12.83% | 37.86% |
| 3Y Return (Ann) | 2.02% | 10.35% |
| 5Y Return (Ann) | 3.24% | 16.03% |
| 10Y Return (Ann) | 3.88% | 13.45% |
| Sharpe Ratio | 2.97 | 3.25 |
| Sortino Ratio | 4.51 | 4.31 |
| Omega Ratio | 1.62 | 1.61 |
| Calmar Ratio | 1.94 | 4.74 |
| Martin Ratio | 18.37 | 21.63 |
| Ulcer Index | 0.72% | 1.85% |
| Daily Std Dev | 4.43% | 12.25% |
| Max Drawdown | -22.99% | -33.99% |
| Current Drawdown | -0.07% | 0.00% |
Correlation
The correlation between HYLS and VOO is 0.56, 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. VOO - Performance Comparison
In the year-to-date period, HYLS achieves a 6.16% return, which is significantly lower than VOO's 27.26% return. Over the past 10 years, HYLS has underperformed VOO with an annualized return of 3.88%, while VOO has yielded a comparatively higher 13.45% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HYLS vs. VOO - Expense Ratio Comparison
HYLS has a 1.01% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
HYLS vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Tactical High Yield ETF (HYLS) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
HYLS's dividend yield for the trailing twelve months is around 6.21%, more than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
HYLS vs. VOO - Drawdown Comparison
The maximum HYLS drawdown since its inception was -22.99%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for HYLS and VOO. For additional features, visit the drawdowns tool.
Volatility
HYLS vs. VOO - Volatility Comparison
The current volatility for First Trust Tactical High Yield ETF (HYLS) is 0.92%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.92%. This indicates that HYLS experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.