HYTR vs. FTSL
Compare and contrast key facts about CP High Yield Trend ETF (HYTR) and First Trust Senior Loan Fund (FTSL).
HYTR and FTSL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYTR is a passively managed fund by Counterpoint Mutual Funds LLC that tracks the performance of the CP High Yield Trend Index. It was launched on Jan 21, 2020. FTSL is an actively managed fund by First Trust. It was launched on May 1, 2013.
Performance
HYTR vs. FTSL - Performance Comparison
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HYTR vs. FTSL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
HYTR CP High Yield Trend ETF | -0.97% | 5.95% | 7.25% | 8.31% | -11.29% | 2.75% | -0.95% |
FTSL First Trust Senior Loan Fund | -0.75% | 5.98% | 8.27% | 11.58% | -2.50% | 3.94% | 2.52% |
Returns By Period
In the year-to-date period, HYTR achieves a -0.97% return, which is significantly lower than FTSL's -0.75% return.
HYTR
- 1D
- 0.05%
- 1M
- -1.61%
- YTD
- -0.97%
- 6M
- 0.06%
- 1Y
- 4.75%
- 3Y*
- 5.95%
- 5Y*
- 2.01%
- 10Y*
- —
FTSL
- 1D
- -0.06%
- 1M
- 0.19%
- YTD
- -0.75%
- 6M
- 0.83%
- 1Y
- 5.33%
- 3Y*
- 7.05%
- 5Y*
- 4.88%
- 10Y*
- 4.49%
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HYTR vs. FTSL - Expense Ratio Comparison
HYTR has a 0.97% expense ratio, which is higher than FTSL's 0.86% expense ratio.
Return for Risk
HYTR vs. FTSL — Risk / Return Rank
HYTR
FTSL
HYTR vs. FTSL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CP High Yield Trend ETF (HYTR) and First Trust Senior Loan Fund (FTSL). 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.
| HYTR | FTSL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.76 | 1.55 | -0.79 |
Sortino ratioReturn per unit of downside risk | 1.05 | 2.04 | -0.99 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.42 | -0.26 |
Calmar ratioReturn relative to maximum drawdown | 0.92 | 2.04 | -1.12 |
Martin ratioReturn relative to average drawdown | 3.51 | 7.29 | -3.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HYTR | FTSL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.76 | 1.55 | -0.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | 1.46 | -1.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.83 | -0.57 |
Correlation
The correlation between HYTR and FTSL is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
HYTR vs. FTSL - Dividend Comparison
HYTR's dividend yield for the trailing twelve months is around 5.88%, less than FTSL's 6.58% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYTR CP High Yield Trend ETF | 5.88% | 5.78% | 5.55% | 5.43% | 1.24% | 3.70% | 3.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTSL First Trust Senior Loan Fund | 6.58% | 6.59% | 7.56% | 7.59% | 4.77% | 3.17% | 3.48% | 4.44% | 4.29% | 3.64% | 3.70% | 3.95% |
Drawdowns
HYTR vs. FTSL - Drawdown Comparison
The maximum HYTR drawdown since its inception was -13.25%, smaller than the maximum FTSL drawdown of -22.67%. Use the drawdown chart below to compare losses from any high point for HYTR and FTSL.
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Drawdown Indicators
| HYTR | FTSL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.25% | -22.67% | +9.42% |
Max Drawdown (1Y)Largest decline over 1 year | -2.28% | -2.33% | +0.05% |
Max Drawdown (5Y)Largest decline over 5 years | -13.25% | -6.96% | -6.29% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.67% | — |
Current DrawdownCurrent decline from peak | -1.86% | -1.20% | -0.66% |
Average DrawdownAverage peak-to-trough decline | -4.22% | -0.77% | -3.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.04% | 0.65% | +0.39% |
Volatility
HYTR vs. FTSL - Volatility Comparison
CP High Yield Trend ETF (HYTR) has a higher volatility of 1.76% compared to First Trust Senior Loan Fund (FTSL) at 1.04%. This indicates that HYTR's price experiences larger fluctuations and is considered to be riskier than FTSL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HYTR | FTSL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.76% | 1.04% | +0.72% |
Volatility (6M)Calculated over the trailing 6-month period | 2.59% | 1.91% | +0.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.67% | 3.11% | +1.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.60% | 3.36% | +2.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.90% | 5.19% | +0.71% |