Fund Evaluator:
First Trust Tactical High Yield ETF (HYLS)
Follow This Fund
Fixed Income
Global Asset Class
Taxable Bond
Fund Group
High Yield Bond
Category
$47.960
NAV (as of Oct 07)
$0.00
Minimum Initial
0.69% F
Expense Ratio
$1,617 Mil
Assets
Open
Status
0.00%
12b-1 Fee
6.79%
TTM Yield
0.00%
Max Load
68%
Portfolio Turnover
Best Performing in High Yield Bond Over the Last Year
| 11.4% | Fidelity Capital & Income (FAGIX) |
| 10.5% | Fidelity Advisor Capital & Income Z (FIQTX) |
| 7.4% | American Beacon SiM High Yld Opps Inv (SHYPX) |
| 7.4% | Fidelity Advisor High Income Z (FGUMX) |
| 7.2% | Fidelity High Income (SPHIX) |
Data as of 7/31/2026
-0.1% B
1-Mo Return
0.5% C
3-Mo Return
0.5% F
YTD Return
3.7% F
1-Yr Return
7.1% F
3-Yr Return
2.9% F
5-Yr Return
1.09 D
Category Risk Index
0.38
Total Risk Index
Fund Details
Fund Family
First Trust
Inception Date
2/25/2013
Share Class Type
Equity Investment Style
na
Bond Investment Style
High Quality
Limited Sensitivity
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
ICE BofA US HY Constnd TR USD: 100%
Additional Fund Details
First Trust Tactical High Yield ETF Overview
HYLS Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| HYLS Return (NAV) | -0.1% | 0.5% | 3.7% | 7.1% | 2.9% | 4.2% |
| HYLS Grade | B | C | F | F | F | F |
| +/- Category | 0.2% | 0.1% | -1.1% | -0.4% | -0.8% | -0.6% |
| High Yield Bond Avg | -0.3% | 0.4% | 4.9% | 7.5% | 3.7% | 4.8% |
| HYLS Tax Cost Ratio | na | na | 2.7% | 2.6% | 2.6% | 2.4% |
HYLS Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| HYLS Return (NAV) | 0.5% | 7.8% | 6.0% | 13.4% | -12.6% | 3.6% | 5.5% | 13.9% | -1.8% | 6.1% | 8.6% |
| HYLS Grade | F | D | F | B | F | D | C | C | B | D | F |
| +/- Category | -1.1% | -0.1% | -1.7% | 1.5% | -2.6% | -1.5% | 0.2% | 0.9% | 0.9% | -0.6% | -4.8% |
| High Yield Bond Avg | 1.6% | 7.9% | 7.6% | 11.9% | -10.0% | 5.1% | 5.2% | 13.0% | -2.7% | 6.7% | 13.4% |
| Risk Measures | |
| Standard Deviation: | 4.7% |
| Total Risk Index: | 0.38 - Low |
| Category Risk Index: | 1.09 - Above Average |
| Category Risk Grade: | D (78% Rank) |
| Beta: | 0.67 |
| R-Squared: | 64% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | High Quality Limited Sensitivity |
| Yield: | 6.8% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $1617 Mil |
| Fund Total Assets: | $1,618 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 68% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 13.4 years | |||
| Average Tenure: 6.8 years | |||
| Managers (Year): Housey William (2013), Scott Jeffrey (2020), Ziets Kevin (2026) | |||
Portfolio Composition (as of 7/30/26)
| # of Holdings: | 330 |
| % in Top 10 Holdings: | 12.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 10.4% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.3% |
| Domestic Bond: | 88.3% |
| Foreign Bond: | 10.4% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.0% |
Purchase Information
| Fund Family: | First Trust |
| Phone Number: | 800-621-1675 |
| Website: | www.ftportfolios.com |
| Status: | Open |
| Inception Date: | February 25, 2013 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 0.69% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 0.92% |
| Share Class: | First Trust Tactical High Yield ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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