Morningstar

First Trust Tactical High Yield ETF HYLS

Morningstar Medalist Rating
Medalist Rating as of | See First Trust Investment Hub

Morningstar’s Analysis HYLS

Will HYLS outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HYLS’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HYLS management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of HYLS’s parent organization’s priorities and whether they’re in line with investors’ interests.

Struggles to keep up.

Analyst Saraja Samant

Saraja Samant

Analyst

Summary

First Trust High Yield ETF’s above-average risk profile and expensive price tag make it hard to justify its place in an investor’s portfolio.

by Saraja Samant
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings HYLS

More HYLS Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Rocket Companies Inc 6.375%

1.55 25M
Corporate

1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 4%

1.47 24M
Corporate

Onedigital Borrower Llc 7/2/2032

1.42 23M
Corporate

United Rentals (North America), Inc. 6%

1.27 21M
Corporate

Quikrete Holdings Inc 6.75%

1.08 18M
Corporate

Fair Isaac Corporation 6%

1.06 17M
Corporate

Cloud Software Group Inc. 9%

1.03 17M
Corporate

Viking Ocean Cruises Ship Vii Limited 5.625%

1.03 17M
Corporate

Builders Firstsource, Inc. 6.75%

1.01 17M
Corporate

EchoStar Corp. 10.75%

1.00 16M
Corporate

Sponsor Center