HYLS vs SPHY
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF against State Street SPDR Portfolio High Yield Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
20%
297 shared positions
Fee gap
64 bp
SPHY is cheaper
1-year return gap
0.9 pts
SPHY is ahead
Larger fund
SPHY
$11.7B
Side by side
| HYLS | SPHY | |
|---|---|---|
| Fund | First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF | State Street SPDR Portfolio High Yield Bond ETF |
| Issuer | First Trust | State Street SPDR |
| Category | High Yield Bond | High Yield Bond |
| Expense ratio | 0.69% | 0.05% |
| Assets | $1.7B | $11.7B |
| Average daily dollar volume | $11M | $144M |
| Listed | Feb 25, 2013 | Jun 18, 2012 |
| FrenzyCap score | 58 | 97 |
| 1-month return | −2.3% | −2.4% |
| 3-month return | −2.9% | −3.1% |
| Year to date | −6.0% | −5.1% |
| 1-year return | −6.5% | −5.6% |
| 30-day volatility | 4.8% | 4.2% |
| Worst drawdown, 1 year | −6.6% | −6.3% |
| Trailing 12-month yield | 6.88% | 7.41% |
| Holdings | 356 | 1,933 |
| Top 10 weight | 11.5% | 3.2% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | −$2.1M thru Jul 2026 | +$1.2B thru Jun 2026 |
| 30-day implied volatility | — | 13.6% |
| Holdings as of | as of Oct 20, 2026issuer data | as of Oct 20, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
91% of HYLS · 22% of SPHY| Holding | HYLS | SPHY |
|---|---|---|
| ECHOSTAR CORP 10.75%, due 11/30/2029 | 1.02% | 0.39% |
| SV RNO PROPERTY OWNER 1 5.875%, due 03/01/2031 | 0.45% | 0.24% |
| CLOUD SOFTWARE GRP LLC 9%, due 09/30/2029 | 1.07% | 0.24% |
| SIRIUS XM RADIO LLC 4%, due 07/15/2028 | 0.79% | 0.23% |
| CENTENE CORP 4.625%, due 12/15/2029 | 0.51% | 0.23% |
| TRANSDIGM INC 6.375%, due 05/31/2033 | 0.93% | 0.23% |
| DAVITA INC 4.625%, due 06/01/2030 | 0.21% | 0.23% |
| NEPTUNE BIDCO US INC 9.29%, due 04/15/2029 | 0.78% | 0.21% |
| CLOUD SOFTWARE GRP LLC 6.50%, due 03/31/2029 | 0.20% | 0.30% |
| TRANSDIGM INC 6.625%, due 03/01/2032 | 0.31% | 0.20% |
| ATHENAHEALTH GROUP INC 6.50%, due 02/15/2030 | 0.63% | 0.20% |
| AMERICAN AIRLINES/AADVANTAGE LOYALTY 5.75%, due 04/20/2029 | 0.47% | 0.20% |
| EMRLD BORROWER LP/EMERALD CO-ISSUER 6.625%, due 12/15/2030 | 0.45% | 0.19% |
| QXO BUILDING PRODUCTS INC 6.75%, due 04/30/2032 | 0.30% | 0.19% |
| WULF COMPUTE LLC 7.75%, due 10/15/2030 | 0.50% | 0.19% |
| BEACH ACQUISITION BIDCO 10%, due 07/15/2033 | 0.26% | 0.18% |
| MEDLINE BORROWER LP 5.25%, due 10/01/2029 | 0.63% | 0.18% |
| WINDSTREAM SERVICES/ESCROW 8.25%, due 10/01/2031 | 0.23% | 0.17% |
| ALLIANT HOLD / CO-ISSUER 6.75%, due 04/15/2028 | 0.92% | 0.17% |
| UNITED RENTALS (NORTH AMERICA) 5.375%, due 11/15/2033 | 0.56% | 0.16% |
| CCO HLDGS LLC/CAP CORP 7%, due 02/01/2033 | 0.31% | 0.15% |
| ROCKET COS INC 6.375%, due 08/01/2033 | 1.54% | 0.15% |
| VENTURE GLOBAL LNG INC 8.375%, due 06/01/2031 | 0.41% | 0.15% |
| IQVIA INC 6.375%, due 03/15/2034 | 0.31% | 0.15% |
| 1011778 BC / NEW RED FIN 4%, due 10/15/2030 | 1.49% | 0.15% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · HYLS holdings · SPHY holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.