HYLS vs. VTV
Compare and contrast key facts about First Trust Tactical High Yield ETF (HYLS) and Vanguard Value ETF (VTV).
HYLS and VTV 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. VTV is a passively managed fund by Vanguard that tracks the performance of the MSCI US Prime Market Value Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HYLS or VTV.
Correlation
The correlation between HYLS and VTV is 0.51, 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. VTV - Performance Comparison
Key characteristics
HYLS:
1.71
VTV:
1.77
HYLS:
2.37
VTV:
2.51
HYLS:
1.32
VTV:
1.32
HYLS:
2.64
VTV:
2.46
HYLS:
9.55
VTV:
9.75
HYLS:
0.72%
VTV:
1.88%
HYLS:
4.04%
VTV:
10.36%
HYLS:
-22.99%
VTV:
-59.27%
HYLS:
-0.49%
VTV:
-6.37%
Returns By Period
In the year-to-date period, HYLS achieves a 6.40% return, which is significantly lower than VTV's 15.96% return. Over the past 10 years, HYLS has underperformed VTV with an annualized return of 4.03%, while VTV has yielded a comparatively higher 9.89% annualized return.
HYLS
6.40%
0.49%
5.15%
6.66%
2.91%
4.03%
VTV
15.96%
-4.74%
6.38%
16.73%
9.98%
9.89%
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HYLS vs. VTV - Expense Ratio Comparison
HYLS has a 1.01% expense ratio, which is higher than VTV's 0.04% expense ratio.
Risk-Adjusted Performance
HYLS vs. VTV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Tactical High Yield ETF (HYLS) and Vanguard Value ETF (VTV). 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. VTV - Dividend Comparison
HYLS's dividend yield for the trailing twelve months is around 6.76%, more than VTV's 1.72% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
First Trust Tactical High Yield ETF | 6.23% | 5.98% | 7.38% | 5.48% | 5.09% | 5.17% | 5.81% | 5.53% | 5.37% | 6.11% | 5.78% | 5.10% |
Vanguard Value ETF | 1.72% | 2.46% | 2.52% | 2.15% | 2.56% | 2.50% | 2.73% | 2.29% | 2.44% | 2.60% | 2.22% | 2.21% |
Drawdowns
HYLS vs. VTV - Drawdown Comparison
The maximum HYLS drawdown since its inception was -22.99%, smaller than the maximum VTV drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for HYLS and VTV. For additional features, visit the drawdowns tool.
Volatility
HYLS vs. VTV - Volatility Comparison
The current volatility for First Trust Tactical High Yield ETF (HYLS) is 1.27%, while Vanguard Value ETF (VTV) has a volatility of 3.63%. This indicates that HYLS experiences smaller price fluctuations and is considered to be less risky than VTV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.