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First Trust Tactical High Yield ETF (HYLS)

High Yield Bond | Exchange Traded Fund | NasdaqGM
39.36 USD -0.20 (-0.506%) ⇩ (Oct. 16, 2026, 4 p.m. EDT)
After hours: 39.37 +0.01 (0.021%) ⇧ (Oct. 16, 2026, 4:01 p.m. EDT)
Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take ↕ | Oct. 10, 2026, 7:31 a.m. EDT

The tactical high-yield strategy offers a robust 6.91% yield with consistent monthly distributions, making it attractive for income-focused investors seeking stability above inflation. However, the underlying asset quality is under pressure; the fund is currently trading near its 52-week lows and has failed to recover from a significant 18.97% drop in 2022, resulting in a cumulative loss of nearly 15% over the last nine years. While the recent year saw a modest rebound, the trailing twelve-month performance remains negative, indicating that the high coupon is not yet compensating for capital losses. For the short term, the technical setup is flat with no clear momentum catalyst to drive a rally, suggesting a wait-and-see approach rather than an aggressive entry. Long-term, the persistent struggle to regain lost ground suggests the high-yield credit environment remains fragile enough to suppress prices, keeping the overall investment case neutral despite the attractive dividend.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.006364
AutoARIMA0.006521
AutoETS0.006684
MSTL0.006882

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 71%
H-stat 5.39
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 1.49

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.55% 6.63% 6.46% 6.46%
Dividend History
Date Dividend Yield %
2026-09-24 0.220 0.554855
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 6.91

Info Dump

Attribute Value
All Time High 57.0
All Time Low 37.46
Ask 42.08
Ask Size 1
Average Daily Volume10 Day 385,030
Average Daily Volume3 Month 213,146
Average Volume 213,146
Average Volume10Days 385,030
Beta3 Year 0.72
Bid 39.21
Bid Size 1
Category High Yield Bond
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 39.66
Day Low 39.22
Display Name Tactical High Yield ETF
Dividend Date 1,496,188,800
Dividend Yield 6.91
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 15
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 40.166
Fifty Day Average Change -0.80599976
Fifty Day Average Change Percent -0.020066718
Fifty Two Week Change Percent -5.787092
Fifty Two Week High 42.4
Fifty Two Week High Change -3.040001
Fifty Two Week High Change Percent -0.07169813
Fifty Two Week Low 39.01
Fifty Two Week Low Change 0.3500023
Fifty Two Week Low Change Percent 0.008972118
Fifty Two Week Range 39.01 - 42.4
First Trade Date Milliseconds 1,361,975,400,000
Five Year Average Return 0.02545
Full Exchange Name NasdaqGM
Fullday Change -0.19169998
Fullday Change Percent -0.4845803
Fullday Price 39.3683
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 POST
Max Age 86,400
Message Board Id finmb_225994654
Nav Price 39.51
Net Assets 1,571,259,010.0
Net Expense Ratio 0.69
Open 39.56
Post Market Change 0.008300781
Post Market Change Percent 0.021089382
Post Market Price 39.3683
Post Market Time 1,792,180,872
Previous Close 39.56
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.20000076
Regular Market Change Percent -0.5055631
Regular Market Day High 39.66
Regular Market Day Low 39.22
Regular Market Day Range 39.22 - 39.66
Regular Market Open 39.56
Regular Market Previous Close 39.56
Regular Market Price 39.36
Regular Market Time 1,792,180,801
Regular Market Volume 546,408
Short Name First Trust Tactical High Yield
Source Interval 15
Symbol HYLS
Three Year Average Return 0.0716129
Total Assets 1,571,259,008
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -1.909
Trailing Three Month Returns -1.909
Triggerable 1
Two Hundred Day Average 40.82475
Two Hundred Day Average Change -1.4647484
Two Hundred Day Average Change Percent -0.03587893
Type Disp ETF
Volume 546,408
Yield 0.0691
Ytd Return -1.24757