HYLS vs USHY
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF against iShares Broad USD High Yield Corporate Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
21%
301 shared positions
Fee gap
61 bp
USHY is cheaper
1-year return gap
1.1 pts
USHY is ahead
Larger fund
USHY
$25.8B
Side by side
| HYLS | USHY | |
|---|---|---|
| Fund | First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF | iShares Broad USD High Yield Corporate Bond ETF |
| Issuer | First Trust | iShares |
| Category | High Yield Bond | High Yield Bond |
| Expense ratio | 0.69% | 0.08% |
| Assets | $1.7B | $25.8B |
| Average daily dollar volume | $11M | $627M |
| Listed | Feb 25, 2013 | Oct 25, 2017 |
| FrenzyCap score | 58 | 94 |
| 1-month return | −2.3% | −2.4% |
| 3-month return | −2.9% | −3.0% |
| Year to date | −6.0% | −4.9% |
| 1-year return | −6.5% | −5.5% |
| 30-day volatility | 4.8% | 4.5% |
| Worst drawdown, 1 year | −6.6% | −6.1% |
| Trailing 12-month yield | 6.88% | 7.18% |
| Holdings | 356 | 1,903 |
| 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 | +$2.7B thru Jul 2026 |
| 30-day implied volatility | — | 16.4% |
| 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
93% of HYLS · 23% of USHY| Holding | HYLS | USHY |
|---|---|---|
| ECHOSTAR CORP 10.75%, due 11/30/2029 | 1.02% | 0.41% |
| CLOUD SOFTWARE GRP LLC 9%, due 09/30/2029 | 1.07% | 0.26% |
| SV RNO PROPERTY OWNER 1 5.875%, due 03/01/2031 | 0.45% | 0.25% |
| WULF COMPUTE LLC 7.75%, due 10/15/2030 | 0.50% | 0.24% |
| CENTENE CORP 4.625%, due 12/15/2029 | 0.51% | 0.23% |
| TRANSDIGM INC 6.375%, due 05/31/2033 | 0.93% | 0.22% |
| SKYDANCE CORP 8.25%, due 10/15/2031 | 0.23% | 0.21% |
| DAVITA INC 4.625%, due 06/01/2030 | 0.21% | 0.20% |
| CLOUD SOFTWARE GRP LLC 6.50%, due 03/31/2029 | 0.20% | 0.27% |
| EMRLD BORROWER LP/EMERALD CO-ISSUER 6.625%, due 12/15/2030 | 0.45% | 0.19% |
| NEPTUNE BIDCO US INC 9.29%, due 04/15/2029 | 0.78% | 0.19% |
| VENTURE GLOBAL LNG INC 8.375%, due 06/01/2031 | 0.41% | 0.18% |
| MEDLINE BORROWER LP 5.25%, due 10/01/2029 | 0.63% | 0.18% |
| BEACH ACQUISITION BIDCO 10%, due 07/15/2033 | 0.26% | 0.18% |
| 1011778 BC / NEW RED FIN 4%, due 10/15/2030 | 1.49% | 0.18% |
| QXO BUILDING PRODUCTS INC 6.75%, due 04/30/2032 | 0.30% | 0.18% |
| LEVEL 3 FINANCING INC 7%, due 03/31/2034 | 0.38% | 0.17% |
| NRG ENERGY INC 6%, due 01/15/2036 | 0.54% | 0.17% |
| SKYDANCE CORP 8.875%, due 10/15/2034 | 0.44% | 0.16% |
| TRANSDIGM INC 6.625%, due 03/01/2032 | 0.31% | 0.16% |
| AMERICAN AIRLINES/AADVANTAGE LOYALTY 5.75%, due 04/20/2029 | 0.47% | 0.16% |
| CCO HLDGS LLC/CAP CORP 4.50%, due 08/15/2030 | 0.26% | 0.16% |
| ATHENAHEALTH GROUP INC 6.50%, due 02/15/2030 | 0.63% | 0.16% |
| TENET HEALTHCARE CORP 6.25%, due 09/15/2034 | 0.17% | 0.16% |
| IQVIA INC 6.25%, due 06/01/2032 | 0.24% | 0.16% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · HYLS holdings · USHY 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.