HYLS:NSD-First Trust High Yield Long/Short ETF (USD)

ETF | High Yield Bond | NASDAQ Global Market

Last Closing

USD 41.42

Change

-0.12 (-0.29)%

Market Cap

USD 1.06B

Volume

0.17M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks current income; capital appreciation is the secondary objective. Under normal market conditions, the fund invests at least 80% 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 fund's advisor to be of comparable quality.

Inception Date: 25/02/2013

Primary Benchmark: ICE BofAML US HY Constnd TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 1.23%

Management Expense Ratio: 0.95 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-23 )

Largest Industry Peers for High Yield Bond

Symbol Name Mer Price(Change) Market Cap
ANGL VanEck Fallen Angel High Yield.. 0.35 %

-0.07 (-0.24%)

USD 3.08B
FALN iShares Fallen Angels USD Bond.. 0.25 %

-0.06 (-0.22%)

USD 1.91B
BSJP Invesco BulletShares 2025 High.. 0.42 %

-0.15 (-0.65%)

USD 1.01B
BSJQ Invesco BulletShares 2026 High.. 0.42 %

-0.14 (-0.60%)

USD 0.86B
BSJO Invesco BulletShares 2024 High.. 0.42 %

N/A

N/A

ETFs Containing HYLS

HISF First Trust High Income S.. 20.42 % 0.00 %

-0.17 (-0.38%)

USD 0.04B
LDSF First Trust Low Duration .. 12.07 % 0.00 %

-0.01 (-0.38%)

USD 0.13B
FDIV MarketDesk Focused U.S. D.. 0.00 % 0.50 %

+0.08 (+-0.38%)

USD 0.05B
MDIV First Trust Multi-Asset D.. 0.00 % 0.48 %

-0.01 (-0.38%)

USD 0.46B

Market Performance

  Market Performance vs. Industry/Classification (High Yield Bond) Market Performance vs. Exchange (NASDAQ Global Market)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -0.36% 17% F 50% F
Dividend Return 5.21% 33% F 75% C
Total Return 4.84% 33% F 55% F
Trailing 12 Months  
Capital Gain 0.02% 50% F 50% F
Dividend Return 5.23% 33% F 75% C
Total Return 5.25% 50% F 55% F
Trailing 5 Years  
Capital Gain -15.00% 17% F 43% F
Dividend Return 25.91% 100% F 85% B
Total Return 10.90% 17% F 52% F
Average Annual (5 Year Horizon)  
Capital Gain -2.77% 17% F 31% F
Dividend Return 2.02% 33% F 40% F
Total Return 4.79% 100% F 85% B
Risk Return Profile  
Volatility (Standard Deviation) 9.62% 50% F 89% A-
Risk Adjusted Return 20.96% 17% F 54% F
Market Capitalization 1.06B 60% D- 77% C+

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.