First Trust Tactical High Yield ETF

$40.53

Key Metrics

TER 0.79% per year
Distribution policy Distributing
Fund size USD 1,638 M
Inception date February 25, 2013
Holdings 313
Fund currency USD
Fund domicile US
Provider First Trust
For full official fund details, factsheets, and holdings, visit ftportfolios.com (opens in new tab).

Compare similar ETFs

Fund Size
Dividend
Fees
Current
Tactical High Yield ETF HYLS
Fund Size
$1.73B
Dividend
6.7%
Fees
0.79%

Historical Return

Last updated: Jul 15, 2026
1 Year -2.3% +6.7% Div
3 Years (avg.) +0.8% +6.7% Div
5 Years (avg.) -3.4% +6.7% Div

Risk & Analysis Metrics

Last updated: Jul 15, 2026

Volatility

3.81% 1 Year
4.84% 3 Years
6.68% 5 Years
6.74% 10 Years

Max Drawdown

-5.27% 1 Year
-5.75% 3 Years
-21.18% 5 Years
-24.56% 10 Years

Sharpe Ratio

-1.65 1 Year
-0.71 3 Years
-1.12 5 Years
-0.86 10 Years

Return Triangle (Heatmap)

Last updated: Jul 15, 2026
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
2013 3.0% -0.3% -2.1% -0.8% -0.6% -1.8% -0.4% -0.4% -0.5% -2.5% -1.8% -1.6% -1.4%
2014 -3.6% -4.6% -2.1% -1.5% -2.7% -1.0% -0.9% -1.0% -3.1% -2.3% -2.1% -1.8%
2015 -5.6% -1.3% -0.8% -2.5% -0.4% -0.4% -0.6% -3.1% -2.1% -1.9% -1.6%
2016 3.2% 1.7% -1.5% 0.9% 0.7% 0.2% -2.7% -1.7% -1.5% -1.2%
2017 0.3% -3.8% 0.2% 0.0% -0.3% -3.6% -2.3% -2.0% -1.7%
2018 -7.7% 0.1% -0.1% -0.5% -4.4% -2.8% -2.4% -2.0%
2019 8.5% 4.0% 2.0% -3.6% -1.8% -1.5% -1.1%
2020 -0.3% -1.1% -7.3% -4.2% -3.4% -2.6%
2021 -1.8% -10.6% -5.4% -4.1% -3.1%
2022 -18.6% -7.2% -4.8% -3.4%
2023 5.7% 2.9% 2.3%
2024 0.0% 0.6%
2025 1.1%

Distributions

*by ETF Portfolio Weight Last updated: Jul 15, 2026

Profit Margin Distribution

< 0%
28%
1y 3y N/A N/A
0 - 5%
46%
1y 3y N/A N/A
5 - 10%
8%
1y 3y N/A N/A
10 - 15%
4%
1y 3y N/A N/A
15 - 20%
5%
1y 3y N/A N/A
20 - 30%
3%
1y 3y N/A N/A
30 - 40%
5%
1y 3y N/A N/A
> 40%
2%
1y 3y N/A N/A

P/E Ratio Distribution

< 0
21%
1y 3y N/A N/A
0 - 10
8%
1y 3y N/A N/A
10 - 15
13%
1y 3y N/A N/A
15 - 20
11%
1y 3y N/A N/A
20 - 25
6%
1y 3y N/A N/A
25 - 35
14%
1y 3y N/A N/A
35 - 50
10%
1y 3y N/A N/A
> 50
18%
1y 3y N/A N/A

Discounted Cash Flow

Weighted Average Undervaluation
N/A
Undervalued
> 60%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
15 - 30%
0%
1y 3y N/A N/A
Fair (&plusmn;15%)
0%
1y 3y N/A N/A
Overvalued
15 - 30%
0%
1y 3y N/A N/A
30 - 45%
0%
1y 3y N/A N/A
45 - 60%
0%
1y 3y N/A N/A
> 60%
0%
1y 3y N/A N/A

Market Cap Size Distribution

Micro Cap
3.0%
1y 3y N/A N/A
Small Cap
12.5%
1y 3y N/A N/A
Mid Cap
51.1%
1y 3y N/A N/A
Large Cap
33.4%
1y 3y N/A N/A
Mega Cap
0.0%
1y 3y N/A N/A
Micro: < $300M Small: $300M–$2B Mid: $2B–$10B Large: $10B–$200B Mega: > $200B

Portfolio Concentration

*by ETF Portfolio Weight Last updated: Jul 15, 2026
21.2% Top 5 Holdings
33.2% Top 10 Holdings
91.5% Top 50 Holdings
100.0% Top 100 Holdings
Top 5 Companies
DISH Dish Network Corp
4.5%
FICO Fair, Isaac Corp.
4.5%
BLDR Builders Firstsource Inc
4.3%
SATS EchoStar Corp
4.2%
RNG RingCentral Inc.
3.8%

Latest News

No news available for this ETF yet.

Average metrics of all companies in portfolio

Last updated: Jul 19, 2026
Market
Average
Market Cap The market value of the company. It's calculated by multiplying the share price by the number of outstanding shares. $11.7B -
Dividend Yield Yearly payout to shareholders per share. The percentage indicates the payout in relation to the share price. 0.70% 2.03%
Beta Indicates the relationship between the price performance of a share and the market. 1.2 -
P/E Ratio Ratio between share price and earnings per share. A low ratio could indicate that the stock is undervalued or investors aren't expecting high growth. A high ratio could indicate that the stock is overvalued or investors are expecting high growth. 41.61 28.84
Negative P/E Ratio a negative P/E ratio shows that the company is not profitable, and it shows how many years it would take the company to lose its entire market capitalisation if it did not change anything -12.14 -
Profitable Companies 75% -
PEG The ratio between the P/E ratio and the growth rate of the company's earnings per share in the last twelve months. A lower PEG could mean that a stock is undervalued. 18.9 18.09
Price to Sales Ratio Market cap divided by the revenue in the most recent year. 1.13 8.08
Price to Book Ratio Price to Book Ratio is the Market cap divided by the Book value of the company 3.2 10.33
Market
Average
Enterprise Value to EBIT Enterprise Value divided by EBIT 15.77 19.5
Enterprise Value to Revenue Enterprise value divided by revenue 2.27 8.09
Total Debt to Enterprise Value Total debt divided by enterprise value 0.44 0.04
Debt to Equity A higher ratio indicates a higher risk. However, the ratio is difficult to compare between industries where common amounts of debt vary. 2.02 0.27
Profit Margin Net income divided by revenue of the last 4 quarters. It indicates the company's profitability. -6.07% 20.92%
Quarterly Earnings Growth (YoY) The rate at which the company's net income has increased to the same quarter one year ago. -31.7% -113.9%
Return on Equity Equity divided by market cap. 21.50% 2.94%
Return on Assets Indicates a company's profitability in relation to its total assets. -1.41% 4.11%
Return on Invested Capital Return on invested capital (ROIC) is net income after dividends divided by the sum of debt and equity. It shows how effective a company is at turning capital invested by shareholders and other debtholders into profits. 4.80% 3.71%

Sectors

Manufacturing 6.8%
Information 6.0%
Finance and Insurance 2.4%
Administrative and Support and Waste Management and Remediation Services 1.3%
Transportation and Warehousing 1.1%
Utilities 1.1%
Health Care and Social Assistance 0.7%
Real Estate and Rental and Leasing 0.6%
Construction 0.5%
Educational Services 0.5%
Professional, Scientific, and Technical Services 0.5%
Accommodation and Food Services 0.4%
Arts, Entertainment, and Recreation 0.4%
Retail Trade 0.2%
Wholesale Trade 0.2%
Mining, Quarrying, and Oil and Gas Extraction 0.1%
Other 77.3%

Countries

United States 78.2%
Other 12.2%
Canada 2.8%
United Kingdom 2.1%
Ireland 1.4%
Bermuda 1.0%
Netherlands 0.5%
France 0.5%
Luxembourg 0.5%
Cayman Islands 0.5%
Denmark 0.3%
Mexico 0.1%

Stock Screener

Select filters to narrow down the 52 investments below

52 companies

Limit holdings to companies in a single sector.

$0B >$1T

Ratio between share price and earnings per share. A low ratio could indicate undervaluation.

<0 >50

Ratio of dividends in the last 12 months to current share price.

0% 3%

Revenue increase compared to the same quarter one year ago.

0% 30%

Net income increase compared to the same quarter one year ago.

0% 30%

Profitability of the last quarter.

<-30% >30%

A higher ratio indicates a higher risk. The ratio is difficult to compare between industries.

<0 >3

Discounted cash flow valuation vs. current price. Positive = undervalued, negative = overvalued.

<-50% >+100%
Market Cap $3.08B
P/E Ratio 153.3
Dividends 0.0%
Total Investment $17.73M
Weight 1.08%

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Market Cap $29.15B
P/E Ratio 39.5
Dividends 0.0%
Total Investment $17.59M
Weight 1.07%

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Market Cap $7.99B
P/E Ratio 28.2
Dividends 0.0%
Total Investment $16.79M
Weight 1.02%

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Market Cap $26.51B
P/E Ratio 153.3
Dividends 0.0%
Total Investment $16.47M
Weight 1.01%

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Market Cap $7.99B
P/E Ratio 28.2
Dividends 0.0%
Total Investment $9.88M
Weight 0.60%

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Market Cap $27.24B
P/E Ratio 150.1
Dividends 1.4%
Total Investment $9.09M
Weight 0.55%

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Market Cap $19.43B
P/E Ratio -15.5
Dividends 2.3%
Total Investment $8.79M
Weight 0.54%

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Market Cap $3.94B
P/E Ratio 13.3
Dividends 0.0%
Total Investment $8.75M
Weight 0.53%

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Market Cap $3.94B
P/E Ratio 13.3
Dividends 0.0%
Total Investment $8.65M
Weight 0.53%

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Market Cap $11.74B
P/E Ratio 60.4
Dividends 0.0%
Total Investment $8.62M
Weight 0.53%

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Market Cap $6.16B
P/E Ratio 24.2
Dividends 1.5%
Total Investment $8.59M
Weight 0.52%

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Market Cap $7.66B
P/E Ratio -18.3
Dividends 0.0%
Total Investment $8.25M
Weight 0.50%

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Market Cap $14.32B
P/E Ratio 16.7
Dividends 1.9%
Total Investment $8.21M
Weight 0.50%

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Market Cap $4.99B
P/E Ratio -553.6
Dividends 1.9%
Total Investment $7.86M
Weight 0.48%

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Market Cap $55.64B
P/E Ratio -9.2
Dividends 4.2%
Total Investment $7.55M
Weight 0.46%

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