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First Trust Tactical High Yield ETF (HYLS)

High Yield Bond | Exchange Traded Fund | NasdaqGM
40.54 USD +0.01 (0.037%) ⇧ (Aug. 31, 2026, 10:56 a.m. EDT)
Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★⯪☆
Hot Take ↕ | Aug. 22, 2026, 5:04 a.m. EDT

The tactical high-yield strategy offers a compelling 6.79% yield, supported by a consistent distribution history that has grown modestly over the last few years, suggesting the income is sustainable rather than eroding capital. However, the price action tells a mixed story: while the asset recently posted a positive annual gain, it is currently trading below both its 50-day and 200-day moving averages, indicating that recent momentum has been insufficient to overcome longer-term downtrends. The statistical forecast model, which relies on short-term price noise, predicts a slight dip over the next 45 days, adding a layer of caution for aggressive traders. For the long term, the asset sits in a neutral zone; it has recovered significantly from a deep trough in 2022-2023, but the lack of a sustained multi-year upward trajectory prevents it from being classified as a superior buy. It remains a viable hold for income-focused investors who can tolerate the volatility inherent in high-yield debt strategies, but it lacks the explosive growth or defensive stability required for a top-tier rating.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.002514
AutoARIMA0.002565
MSTL0.002829
AutoTheta0.002852

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 80%
H-stat 0.85
Ljung-Box p 0.000
Jarque-Bera p 0.477
Excess Kurtosis -0.43

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.55% 6.64% 6.46% 6.43%
Dividend History
Date Dividend Yield %
2026-08-21 0.225 0.554734
2026-07-21 0.230 0.566363
2026-06-25 0.230 0.565527
2026-05-21 0.230 0.565249
2026-04-21 0.225 0.549988
2026-03-26 0.225 0.558174
2026-02-20 0.230 0.556766
2026-01-21 0.230 0.550634
2025-12-12 0.223 0.536187
2025-11-21 0.220 0.528719
2025-10-21 0.225 0.538149
2025-09-25 0.240 0.572246
2025-08-21 0.240 0.575402
2025-07-22 0.230 0.552486
2025-06-26 0.220 0.526820
2025-05-21 0.215 0.523369
2025-04-22 0.215 0.530864
2025-03-27 0.215 0.525031
2025-02-21 0.215 0.518697
2025-01-22 0.215 0.517948
2024-12-13 0.215 0.515959
2024-11-21 0.208 0.500120
2024-10-22 0.208 0.500602
2024-09-26 0.208 0.495947
2024-08-21 0.213 0.514617
2024-07-23 0.218 0.531967
2024-06-27 0.218 0.536022
2024-05-21 0.218 0.537210
2024-04-23 0.213 0.526837
2024-03-21 0.220 0.534629
2024-02-21 0.223 0.546435
2024-01-23 0.225 0.549853
2023-12-22 0.220 0.531273
2023-11-21 0.215 0.539253
2023-10-24 0.215 0.559022
2023-09-22 0.215 0.545685
2023-08-22 0.215 0.547631
2023-07-21 0.210 0.526976
2023-06-27 0.190 0.482478
2023-05-23 0.190 0.484200
2023-04-21 0.190 0.479435
2023-03-24 0.200 0.511640
2023-02-22 0.205 0.521231
2023-01-24 0.219 0.546816
2022-12-23 0.215 0.541425
2022-11-22 0.203 0.513404
2022-10-21 0.205 0.528623
2022-09-23 0.225 0.577664
2022-08-23 0.240 0.585223
2022-07-21 0.265 0.647289
2022-06-24 0.263 0.659478
2022-05-24 0.263 0.640058
2022-04-21 0.263 0.592876
2022-03-25 0.263 0.585225
2022-02-18 0.240 0.523560
2022-01-21 0.229 0.486406
2021-12-23 0.230 0.480970
2021-11-23 0.230 0.485232
2021-10-21 0.200 0.417624
2021-09-23 0.200 0.414164
2021-08-24 0.234 0.485679
2021-07-21 0.213 0.440447
2021-06-24 0.219 0.451267
2021-05-21 0.223 0.460744
2021-04-21 0.211 0.434693
2021-03-25 0.223 0.459037
2021-02-23 0.210 0.429272
2021-01-21 0.230 0.469675
2020-12-24 0.248 0.509659
2020-11-24 0.220 0.453515
2020-10-21 0.204 0.430380
2020-09-24 0.200 0.426894
2020-08-21 0.225 0.475788
2020-07-21 0.204 0.433766
2020-06-25 0.190 0.410367
2020-05-21 0.200 0.438982
2020-04-21 0.206 0.463338
2020-03-26 0.197 0.477113
2020-02-21 0.190 0.391510
2020-01-22 0.195 0.398936
2019-12-13 0.188 0.387549
2019-11-21 0.194 0.403662
2019-10-22 0.195 0.405574
2019-09-25 0.205 0.424694
2019-08-21 0.210 0.437865
2019-07-23 0.215 0.446614
2019-06-14 0.215 0.447171
2019-05-21 0.215 0.449321
2019-04-23 0.220 0.456716
2019-03-21 0.225 0.470318
2019-02-21 0.220 0.464625
2019-01-23 0.220 0.472306
2018-12-18 0.220 0.482033
2018-11-21 0.215 0.463262
2018-10-23 0.215 0.455702
2018-09-14 0.215 0.449979
2018-08-21 0.220 0.461216
2018-07-20 0.225 0.475888
2018-06-21 0.210 0.442012
2018-05-22 0.200 0.422833
2018-04-20 0.210 0.440252
2018-03-22 0.220 0.463255
2018-02-21 0.225 0.469533
2018-01-23 0.230 0.472765
2017-12-21 0.295 0.609127
2017-11-21 0.225 0.464972
2017-10-20 0.225 0.459465
2017-09-21 0.225 0.459465
2017-08-22 0.225 0.458809
2017-07-21 0.220 0.444444
2017-06-22 0.215 0.437971
2017-05-23 0.215 0.436017
2017-04-21 0.215 0.441297
2017-03-23 0.210 0.435143
2017-02-22 0.210 0.429536
2017-01-20 0.205 0.423117
2016-12-21 0.205 0.426550
2016-11-22 0.205 0.429050
2016-10-21 0.205 0.421291
2016-09-21 0.205 0.423466
2016-08-23 0.205 0.421204
2016-07-21 0.215 0.442934
2016-06-22 0.215 0.450450
2016-05-20 0.215 0.451681
2016-04-21 0.230 0.481978
2016-02-23 0.230 0.500871
2016-01-21 0.230 0.504165
2015-12-23 0.230 0.490301
2015-11-20 0.240 0.503145
2015-10-21 0.240 0.492813
2015-09-23 0.240 0.488998
2015-08-21 0.240 0.487607
2015-07-21 0.240 0.478660
2015-06-24 0.240 0.479233
2015-05-21 0.240 0.473653
2015-03-25 0.240 0.477327
2015-02-20 0.240 0.475907
2015-01-21 0.240 0.487508
2014-12-23 0.380 0.762746
2014-11-21 0.240 0.471420
2014-10-21 0.240 0.473653
2014-09-23 0.230 0.447907
2014-08-21 0.220 0.422265
2014-07-22 0.220 0.422508
2014-06-24 0.220 0.417378
2014-05-21 0.220 0.420972
2014-04-22 0.220 0.422022
2014-03-25 0.220 0.421779
2014-02-21 0.220 0.422589
2014-01-22 0.240 0.461450
2013-12-18 0.240 0.464396
2013-11-21 0.240 0.466472
2013-10-22 0.240 0.466110
2013-09-20 0.250 0.491063
2013-08-21 0.260 0.517310
2013-07-23 0.280 0.548267
2013-06-21 0.280 0.558325
2013-05-21 0.280 0.537531
2013-04-23 0.280 0.547945
2013-03-21 0.280 0.554455
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendDate 2017-05-31
dividendYield 6.79

Info Dump

Attribute Value
All Time High 57.0
All Time Low 37.46
Ask 42.08
Ask Size 1
Average Daily Volume10 Day 128,630
Average Daily Volume3 Month 191,958
Average Volume 191,958
Average Volume10Days 128,630
Beta3 Year 0.67
Bid 39.21
Bid Size 1
Category High Yield Bond
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 40.6437
Day Low 40.46
Dividend Date 1,496,188,800
Dividend Yield 6.79
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 40.692
Fifty Day Average Change -0.1570015
Fifty Day Average Change Percent -0.0038582888
Fifty Two Week Change Percent -3.293556
Fifty Two Week High 42.4
Fifty Two Week High Change -1.8650017
Fifty Two Week High Change Percent -0.04398589
Fifty Two Week Low 40.01
Fifty Two Week Low Change 0.5250015
Fifty Two Week Low Change Percent 0.013121759
Fifty Two Week Range 40.01 - 42.4
First Trade Date Milliseconds 1,361,975,400,000
Five Year Average Return 0.0294074
Full Exchange Name NasdaqGM
Fullday Change 0.01499939
Fullday Change Percent 0.03701725
Fullday Price 40.535
Fund Family First Trust
Fund Inception Date 1,361,750,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Under normal market conditions, the fund invests at least 80% of its net assets (including investment borrowings) in high yield debt securities that are rated below investment grade at the time of purchase or unrated securities deemed by the fund's advisor to be of comparable quality.
Long Name First Trust Tactical High Yield ETF
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_225994654
Nav Price 40.58
Net Assets 1,617,575,810.0
Net Expense Ratio 0.69
Open 40.55
Previous Close 40.52
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.01499939
Regular Market Change Percent 0.03701725
Regular Market Day High 40.6437
Regular Market Day Low 40.46
Regular Market Day Range 40.46 - 40.6437
Regular Market Open 40.55
Regular Market Previous Close 40.52
Regular Market Price 40.535
Regular Market Time 1,788,188,197
Regular Market Volume 53,724
Short Name First Trust Tactical High Yield
Source Interval 15
Symbol HYLS
Three Year Average Return 0.074244
Total Assets 1,617,575,808
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.5394
Trailing Three Month Returns 0.5394
Triggerable 1
Two Hundred Day Average 41.13265
Two Hundred Day Average Change -0.5976486
Two Hundred Day Average Change Percent -0.014529787
Type Disp ETF
Volume 53,724
Yield 0.0679
Ytd Return 0.54872