(HYLS) First Trust Tactical High - Ratings and Ratios
Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: US33738D4088 • High Yield Bond
HYLS: High Yield Bonds, Corporate Debt, Junk Bonds, Loans
First Trust Tactical High Yield ETF (NASDAQ: HYLS) is a high-yield bond ETF that focuses on debt securities rated below investment grade or unrated. Its strategy is to allocate at least 80% of its net assets to these securities, giving it a tactical edge in navigating the high-yield market.
As an actively managed fund, HYLS doesnt passively track an index. Instead, it seeks to balance yield and credit risk. This approach allows the fund to adapt to changing market conditions, which is critical in the high-yield space where defaults and credit spreads can shift rapidly.
With $1.63 billion in assets under management, HYLS offers a diversified portfolio of high-yield bonds. This scale helps mitigate individual credit risk, though its still important to recognize that high-yield investing inherently carries higher default risk compared to investment-grade debt.
For investors, HYLS can serve as a way to enhance yield in a fixed-income portfolio. However, its crucial to evaluate its role within the broader asset allocation. High-yield bonds are sensitive to economic cycles and interest rate changes, so understanding the macroeconomic environment is key when considering this ETF.
Additional Sources for HYLS ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
HYLS ETF Overview
Market Cap in USD | 1,682m |
Category | High Yield Bond |
TER | 1.02% |
IPO / Inception | 2013-02-25 |
HYLS ETF Ratings
Growth 5y | 52.6% |
Fundamental | - |
Dividend | 58.1% |
Rel. Strength Industry | 5.31 |
Analysts | - |
Fair Price Momentum | 41.16 USD |
Fair Price DCF | - |
HYLS Dividends
Dividend Yield 12m | 5.76% |
Yield on Cost 5y | 7.30% |
Annual Growth 5y | 0.86% |
Payout Consistency | 95.4% |
HYLS Growth Ratios
Growth Correlation 3m | 64.6% |
Growth Correlation 12m | 95.9% |
Growth Correlation 5y | 45% |
CAGR 5y | 4.99% |
CAGR/Max DD 5y | 0.32 |
Sharpe Ratio 12m | 1.49 |
Alpha | 1.07 |
Beta | 0.17 |
Volatility | 3.85% |
Current Volume | 250k |
Average Volume 20d | 213.3k |
As of March 15, 2025, the stock is trading at USD 41.14 with a total of 250,019 shares traded.
Over the past week, the price has changed by -0.84%, over one month by -0.90%, over three months by -0.22% and over the past year by +6.38%.
Partly, yes. Based on ValueRay Analyses, First Trust Tactical High (NASDAQ:HYLS) is currently (March 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 52.61 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of HYLS as of March 2025 is 41.16. This means that HYLS is currently overvalued and has a potential downside of 0.05%.
First Trust Tactical High has no consensus analysts rating.
According to ValueRays Forecast Model, HYLS First Trust Tactical High will be worth about 44.7 in March 2026. The stock is currently trading at 41.14. This means that the stock has a potential upside of +8.56%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 44.7 | 8.6% |