HYLSvsFCVTETF Comparison
VS
ETF 2
FCVT
First Trust SSI Strategic Convertible Securities ETF
This fund is part of
Convertible Bonds
+0.19%
First Trust Tactical High Yield ETF (HYLS) belongs to the Alternatives segment. First Trust SSI Strategic Convertible Securities ETF (FCVT) is part of the Convertible Bonds segment. HYLS's top 3 sector exposures are Finance, Business Services and Consumer Services. In contrast, FCVT's top sector exposures are Technology, Finance and Healthcare. HYLS is less expensive with a Total Expense Ratio (TER) of 0.69%, versus 0.95% for FCVT. HYLS is up 2% year-to-date (YTD) with -$92M in YTD flows. FCVT performs better with 12.9% YTD performance, and -$6M in YTD flows. Run a side-by-side ETF comparison of HYLS and FCVT below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
HYLS vs FCVT performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/15/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | HYLS FCVT | -1.49%-7.61% | -0.38%-10.67% | +2.00%+12.90% | +2.75%+16.01% | +17.39%+58.84% | +9.34%+25.02% |
| Flows | HYLS FCVT | -$6M+$5M | -$12M-$8M | -$92M-$6M | +$6M-$6M | +$112M-$28M | -$337M-$131M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | HYLS FCVT | +2.51%+22.62% | +2.92%+20.20% | +3.64%+15.25% | +5.17%+15.19% |
| Max drawdown | HYLS FCVT | -1.57%-13.23% | -2.22%-13.23% | -3.67%-15.48% | -16.13%-30.12% |
| Max drawdown duration | HYLS FCVT | 30d89d | 84d89d | 57d203d | 1066d1396d |
Trading data
HYLS | FCVT | |
Last sale 9/17/2026 at 7:29 PM | $40.24 | $48.74 |
| Previous close 09/16/2026 | $40.14 | $48.30 |
| Consolidated volume 09/16/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 9/17/2026 at 7:29 PM
Live
Closed
HYLS | FCVT | |
|---|---|---|
| Last price | $40.24 | $48.74 |
| 1D performance | +0.25% | +0.91% |
| AuM | $1.61 B | $101.29 M |
| E/R | 0.69% | 0.95% |
Characteristics
HYLS | FCVT | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | First Trust | First Trust |
| Benchmark | - | - |
| N° of holdings | 246 | 108 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 25, 2013 | November 3, 2015 |
| ESG | No | No |
Advertisement
Exposure
Countries
HYLS
USA
71.69%
Other
28.31%
FCVT
USA
74.81%
Other
25.19%
Sectors
HYLS
Finance
18.7%
Business Services
12.92%
Consumer Services
9.91%
Industrials
9.02%
Other
49.45%
FCVT
Technology
33.65%
Finance
11.69%
Healthcare
10.56%
Industrials
10.21%
Utilities
7.39%
Other
26.5%
Advertisement
Diversification
HYLS
Total weight of top 15 holdings out of 15
15.63%
FCVT
Total weight of top 15 holdings out of 15
26.87%
Top 15 holdings
Data as of July 31, 2026
HYLS
Rocket Companies, 6.375% 1aug2033, USD
1.55%
1011778 B.C., 4% 15oct2030, USD
1.47%
United Rentals (North America), 6% 15dec2029, USD
1.27%
Quikrete Holdings, 6.75% 1mar2033, USD
1.08%
Fair Isaac, 6% 15may2033, USD
1.07%
Cloud Software Group, 9% 30sep2029, USD
1.04%
Viking Ocean Cruises Ship VII, 5.625% 15feb2029, USD
1.03%
Builders FirstSource, 6.75% 15may2035, USD
1.02%
EchoStar, 10.75% 30nov2029, USD
1.00%
TransDigm, 6.375% 31may2033, USD
0.93%
Shift4 Payments, 6.75% 15aug2032, USD
0.91%
Alliant Holdings Intermediate, 6.75% 15apr2028, USD
0.90%
Venture Global LNG, 7.75% 1may2035, USD
0.82%
Raven Acquisition Holdings, 6.875% 15nov2031, USD
0.77%
Neptune BidCo US, 9.29% 15apr2029, USD
0.77%
FCVT
Nebius, 1.25% 15mar2031, USD (Conv.)
3.45%
Western Digital Corp.
2.34%
The Boeing Co.
2.16%
Live Nation Entertainment, 2.875% 15jan2030, USD (Conv.)
2.14%
NextEra Energy Capital Holdings, 3% 1mar2027, USD (Conv.)
1.80%
Hewlett Packard Enterprise Co.
1.71%
Wells Fargo & Co.
1.67%
Akamai Technologies, 0.25% 15may2033, USD (Conv.)
1.65%
Snowflake, 0% 1oct2027, USD (Conv.)
1.59%
IREN, 0% 1jul2031, USD (Conv.)
1.55%
ON Semiconductor, 0.5% 1mar2029, USD (Conv.)
1.46%
Welltower, 2.75% 15may2028, USD (Conv.)
1.42%
Microchip Technology, Inc.
1.34%
Lumentum Holdings, Inc.
1.32%
Guardant Health, 0% 15may2033, USD (Conv.)
1.27%
Frequently asked questions about HYLS and FCVT
How have the HYLS and FCVT ETFs performed in 2026?
As of September 15, 2026, HYLS is up 2% year-to-date (YTD), while FCVT has returned 12.9%. That puts FCVT better performer ahead so far this year.
Which ETF is attracting more investor money: HYLS or FCVT?
Year-to-date, the HYLS ETF saw -$92M in flows, compared to -$6M for FCVT.
Which ETF is more volatile: HYLS or FCVT?
Over the past year, HYLS had a volatility of 2.92%, while FCVT experienced 20.2%.
Which ETF is bigger: HYLS or FCVT?
As of September 15, 2026, HYLS holds $1.61 B in assets under management (AUM), while FCVT manages $101.29 M.
What sectors do the HYLS and FCVT ETFs invest in?
HYLS leans toward sectors like Finance, Business Services and Consumer Services. Meanwhile, FCVT focuses on Technology, Finance and Healthcare.
What are the top holdings of the HYLS ETF and FCVT ETF?
HYLS top holdings include Rocket Companies, 6.375% 1aug2033, USD, 1011778 B.C., 4% 15oct2030, USD and United Rentals (North America), 6% 15dec2029, USD. FCVT holds in its top three: Nebius, 1.25% 15mar2031, USD (Conv.), Western Digital Corp. and The Boeing Co..
Which ETF is more diversified: HYLS or FCVT?
HYLS holds 247 securities with 15.63% of its assets in the top 15. FCVT has 108 securities and a top 15 weight of 26.87%.
Advertisement
Advertisement
