HYDB vs HYLS

Comparison between ISHARES HIGH YIELD SYSTEMATIC BOND ETF (HYDB, ETF) and FIRST TRUST TACTICAL HIGH YIELD ETF (HYLS, ETF).

5-Year PerformanceHYDB has outperformed HYLS, delivering a return of +4.6% compared to +2.9%

HYDB vs HYLS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HYDB(ETF)	HYLS(ETF)
Net Assets	$1.60B	$1.60B
Expense Ratio	0.35%	0.69%
Max Drawdown	23.21%	29.12%
Sharpe Ratio	0.69	0.34
5Y Beta	0.24	0.18
5Y Dividends CAGR	3.30%	1.15%

Net Assets

HYDB

$1.60B

HYLS

$1.60B

Expense Ratio

Winner

HYDB

0.35%

HYLS

0.69%

Max Drawdown

Winner

HYDB

23.21%

HYLS

29.12%

Sharpe Ratio

Winner

HYDB

0.69

HYLS

0.34

5Y Beta

HYDB

0.24

Winner

HYLS

0.18

5Y Dividends CAGR

Winner

HYDB

3.30%

HYLS

1.15%

HYDB vs HYLS - Historical Returns

Returns include dividend reinvestment.

Period	HYDB	HYLS
1 month	+0.47%	+0.42%
3 months	+2.61%	+2.16%
6 months	+1.41%	+0.43%
1 year	+6.09%	+4.40%
5 years(CAGR)	+4.58%	+2.87%
10 years(CAGR)	+5.48%	+4.44%
Max(CAGR)	+5.48%	+4.39%

Winner

HYDB

+0.47%

HYLS

+0.42%

Winner

HYDB

+2.61%

HYLS

+2.16%

Winner

HYDB

+1.41%

HYLS

+0.43%

Winner

HYDB

+6.09%

HYLS

+4.40%

5Y(CAGR)

Winner

HYDB

+4.58%

HYLS

+2.87%

10Y(CAGR)

Winner

HYDB

+5.48%

HYLS

+4.44%

Max(CAGR)

Winner

HYDB

+5.48%

HYLS

+4.39%

HYDB vs HYLS - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	HYDB	HYLS
2026	+1.43%	+0.42%
2025	+7.83%	+7.80%
2024	+9.32%	+6.51%
2023	+13.97%	+12.58%
2022	-9.93%	-12.77%
2021	+5.26%	+3.66%
2020	+7.25%	+5.07%
2019	+16.27%	+14.37%
2018	-3.10%	-2.47%
2017	+3.37%	+5.99%
2016	N/A	+8.92%
2015	N/A	+0.04%
2014	N/A	+1.92%
2013	N/A	+8.46%

HYDB vs HYLS Drawdown Comparison

The maximum drawdown for HYDB was -21.58%, occurring on Mar 23, 2020. Recovery took 161 trading sessions.

The maximum drawdown for HYLS was -22.99%, occurring on Mar 20, 2020. Recovery took 122 trading sessions.

The current HYDB drawdown is -0.25%. The current HYLS drawdown is -0.17%.

Rank	HYDB	HYLS
#1	-21.58% Feb 20, 2020 - Oct 8, 2020	-22.99% Feb 12, 2020 - Aug 6, 2020
#2	-14.28% Dec 28, 2021 - Dec 1, 2023	-15.75% Dec 31, 2021 - Jun 5, 2024
#3	-6.52% Oct 3, 2018 - Feb 5, 2019	-7.46% Jun 2, 2015 - Jun 8, 2016
#4	-5.58% Feb 28, 2025 - Jun 4, 2025	-5.73% Jul 3, 2014 - Feb 27, 2015
#5	-3.37% Jan 26, 2018 - Aug 7, 2018	-5.69% Oct 1, 2018 - Jan 31, 2019
#6	-2.83% Feb 20, 2026 - Apr 14, 2026	-5.53% May 22, 2013 - Oct 17, 2013
#7	-2.43% Aug 11, 2017 - Oct 23, 2017	-3.96% Feb 28, 2025 - Apr 29, 2025
#8	-2.21% May 3, 2019 - Jun 18, 2019	-3.09% Jan 22, 2026 - Jun 15, 2026
#9	-1.94% Mar 27, 2024 - May 3, 2024	-2.83% Oct 24, 2016 - Jan 3, 2017
#10	-1.94% Nov 9, 2021 - Dec 23, 2021	-2.00% Jan 8, 2018 - Jul 25, 2018
#11	-1.77% Dec 6, 2024 - Jan 21, 2025	-1.89% Sep 2, 2020 - Oct 12, 2020
#12	-1.63% Dec 27, 2023 - Jan 25, 2024	-1.79% Jun 8, 2016 - Jul 7, 2016
#13	-1.59% Oct 23, 2017 - Dec 29, 2017	-1.73% Sep 16, 2021 - Dec 21, 2021
#14	-1.52% Sep 22, 2025 - Oct 27, 2025	-1.65% Oct 25, 2017 - Dec 26, 2017
#15	-1.45% Feb 12, 2021 - Apr 5, 2021	-1.63% Oct 12, 2020 - Nov 4, 2020

Correlation

Correlation between HYDB and HYLS is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2013 - 2026)

HYDB vs HYLS dividend yield comparison.

Year	HYDB	HYLS
2026	2.86%	2.79%
2025	7.04%	6.38%
2024	6.95%	6.25%
2023	7.00%	5.98%
2022	6.30%	7.38%
2021	4.70%	5.48%
2020	5.81%	5.09%
2019	5.68%	5.17%
2018	6.16%	5.81%
2017	2.70%	5.53%
2016	0.00%	5.37%
2015	0.00%	6.11%
2014	0.00%	5.78%
2013	0.00%	5.10%