First Trust Tactical High Yield ETF (HYLS) Research
The First Trust Tactical High Yield ETF operates as an actively managed exchange-traded fund (ETF). Its foremost objective is to generate current income, while a secondary goal involves pursuing capital appreciation. In typical market conditions, the fund allocates at least 80% of its net assets (including any funds borrowed for investment purposes) to high-yield debt instruments. These instruments are either rated below investment grade at the time of their purchase or are unrated but considered by the fund's advisor to be of equivalent quality.
Market snapshot
- Symbol
- HYLS
- Price
- $40.88
- Day change
- +0.16%
- Market cap
- $1.6B
- 52-week range
- 40.01-42.4
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
Peer companies
- Innovator Defined Wealth Shield ETF (BALT)
- EA Bridgeway Omni Small-Cap Value ETF (BSVO)
- Capital Group Short Duration Income ETF (CGSD)
- iShares MSCI Australia ETF (EWA)
- First Trust Institutional Preferred Securities and Income ETF (FPEI)
- First Trust Core Investment Grade ETF (FTCB)
- First Trust Utilities AlphaDEX Fund (FXU)
- iShares U.S. Industrials ETF (IYJ)
Open First Trust Tactical High Yield ETF (HYLS) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.