HYLS ETF Analysis: Tactical High Yield | NASDAQ
High Yield Bond | NASDAQ, USA | Market Cap: 1.618m USD | 12M Return: 4.5% | US33738D4088 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 9.05M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The First Trust Tactical High Yield ETF (HYLS) is a high yield bond fund that, under normal market conditions, invests at least 80% of its net assets in below investment grade debt securities, commonly known as junk bonds. These securities may include rated high yield bonds or unrated debt that the funds advisor considers of comparable quality. Launched in February 2013, the fund offers investors exposure to the U.S. high yield fixed income market through an ETF structure.
High yield bonds are issued by companies with weaker credit profiles and typically carry credit ratings of BB or lower from major rating agencies. To compensate investors for the elevated risk of default, these securities generally offer higher coupon payments than investment grade bonds, making them a distinct segment of the fixed income market often used for income generation or portfolio diversification.
- Fed rate cuts compress high yield credit spreads
- Default rates climb in lower-rated corporate debt
- Risk-off sentiment triggers high yield ETF outflows
As of August 06, 2026, the stock is trading at USD 40.68 with a total of 124,258 shares traded. Over the past week, the price has changed by +0.74%, over one month by +0.17%, over three months by +1.10% and over the past year by +4.49%.
Current recommended Stop Loss: 40.20 (which is 1.2% or 1.3 ATR below the current price).
Tactical High Yield has no consensus analysts rating.