FAARvsHYLSETF Comparison
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First Trust Alternative Absolute Return Strategy ETF (FAAR) and First Trust Tactical High Yield ETF (HYLS) belong to the same industry segment: Alternatives. FAAR is more expensive with a Total Expense Ratio (TER) of 0.97%, versus 0.69% for HYLS. FAAR is up 21.9% year-to-date (YTD) with +$102M in YTD flows. HYLS performs worse with 1.94% YTD performance, and -$77M in YTD flows. Run a side-by-side ETF comparison of FAAR and HYLS below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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FAAR vs HYLS performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/29/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FAAR HYLS | +2.23%+1.47% | +4.85%-0.76% | +21.90%+1.94% | +20.16%+2.26% | +34.93%+21.78% | +38.39%+9.95% |
| Flows | FAAR HYLS | +$18M+$20M | +$51M+$20M | +$102M-$77M | +$126M-$60M | +$63M+$201M | +$129M-$324M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FAAR HYLS | +9.86%+3.25% | +12.16%+3.13% | +10.87%+3.55% | +10.94%+5.19% |
| Max drawdown | FAAR HYLS | -2.30%-3.27% | -10.76%-3.27% | -11.20%-3.27% | -19.53%-16.13% |
| Max drawdown duration | FAAR HYLS | 11d74d | 164d74d | 111d74d | 1323d1066d |
Trading data
FAAR | HYLS | |
Last sale 10/30/2026 at 1:30 PM | $32.54 | $39.74 |
| Previous close 10/29/2026 | $32.61 | $39.80 |
| Consolidated volume 10/29/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/30/2026 at 1:30 PM
Live
Closed
FAAR | HYLS | |
|---|---|---|
| Last price | $32.54 | $39.74 |
| 1D performance | -0.23% | -0.15% |
| AuM | $252.85 M | $1.61 B |
| E/R | 0.97% | 0.69% |
Characteristics
FAAR | HYLS | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | First Trust | First Trust |
| Benchmark | - | - |
| N° of holdings | - | - |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 18, 2016 | February 25, 2013 |
| ESG | No | No |
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Exposure
Countries
FAAR
Data will be available soon
HYLS
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Sectors
FAAR
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HYLS
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Diversification
FAAR
Data will be available soon
HYLS
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Top 15 holdings
Data as of January 1, 1970
FAAR
Data will be available soon
HYLS
Data will be available soon
Frequently asked questions about FAAR and HYLS
How have the FAAR and HYLS ETFs performed in 2026?
As of October 29, 2026, FAAR is up 21.9% year-to-date (YTD), while HYLS has returned 1.94%. That puts FAAR better performer ahead so far this year.
Which ETF is attracting more investor money: FAAR or HYLS?
Year-to-date, the FAAR ETF saw +$102M in flows, compared to -$77M for HYLS.
Which ETF is more volatile: FAAR or HYLS?
Over the past year, FAAR had a volatility of 12.16%, while HYLS experienced 3.13%.
Which ETF is bigger: FAAR or HYLS?
As of October 29, 2026, FAAR holds $252.85 M in assets under management (AUM), while HYLS manages $1.61 B.
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