First Trust Tactical Etf Profile
| HYLS Etf | USD 41.83 0.09 0.22% |
Performance11 of 100
| Odds Of DistressLess than 9
|
First Trust is selling for under 41.83 as of the 30th of November 2024; that is 0.22 percent increase since the beginning of the trading day. The etf's lowest day price was 41.77. First Trust has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for First Trust Tactical are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its net assets in high yield debt securities that are rated below investment grade at the time of purchase or unrated securities deemed by the funds advisor to be of comparable quality. More on First Trust Tactical
Moving together with First Etf
| 0.94 | HYG | iShares iBoxx High | PairCorr |
| 0.93 | USHY | iShares Broad USD | PairCorr |
| 0.93 | JNK | SPDR Bloomberg High | PairCorr |
| 0.85 | SHYG | iShares 0 5 | PairCorr |
| 0.89 | HYLB | Xtrackers USD High | PairCorr |
| 0.82 | SJNK | SPDR Bloomberg Short | PairCorr |
Moving against First Etf
First Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Corporate ETFs, High Yield ETFs, High Yield Bond, First Trust (View all Sectors) |
| Issuer | First Trust |
| Inception Date | 2013-02-25 |
| Benchmark | Not Applicable |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 1.64 Billion |
| Average Trading Valume | 183,746.2 |
| Asset Type | Fixed Income |
| Category | Corporate |
| Focus | High Yield |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | First Trust Advisors L.P. |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | First Trust Portfolios L.P. |
| Portfolio Manager | William Housey, Jeffrey Scott |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Oct |
| Exchange | NASDAQ |
| Number of Constituents | 353 |
| Market Maker | Susquehanna |
| Total Expense | 1.02 |
| Management Fee | 0.95 |
| Country Name | USA |
| Returns Y T D | 6.35 |
| Name | First Trust Tactical High Yield ETF |
| Currency Code | USD |
| Open Figi | BBG00465XRD3 |
| In Threey Volatility | 9.26 |
| 1y Volatility | 6.68 |
| 200 Day M A | 41.1956 |
| 50 Day M A | 41.7894 |
| Code | HYLS |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
First Trust Tactical [HYLS] is traded in USA and was established 2013-02-25. The fund is listed under High Yield Bond category and is part of First Trust family. The entity is thematically classified as Corporate ETFs. First Trust Tactical currently have 1.6 B in assets under management (AUM). , while the total return for the last 3 years was 2.4%.
Check First Trust Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on First Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding First Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as First Trust Tactical Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
First Trust Top Holders
| MDIV | First Trust Multi Asset | Etf | Aggressive Allocation | |
| LDSF | First Trust Low | Etf | Short-Term Bond | |
| FDIV | MarketDesk Focused Dividend | Etf | Multisector Bond | |
| WIZ | MerlynAI Corp | Etf | Moderate Allocation | |
| AIHAX | Horizon Active Income | Mutual Fund | Intermediate Core-Plus Bond | |
| AIMNX | Horizon Active Income | Mutual Fund | Intermediate Core-Plus Bond | |
| AIRIX | Horizon Active Income | Mutual Fund | Intermediate Core-Plus Bond | |
| OTRFX | Ontrack E Fund | Mutual Fund | Macro Trading |
First Trust Tactical Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0779 | |||
| Jensen Alpha | 0.0065 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.53) |
First Trust Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Trust Tactical. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of First Trust Tactical is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.