HYLB vs HYLS: Differences, Returns & Fees

HYLB's duration was 2.9 years on May 29, 2026 and HYLS's 2.9 on Jul 31, 2026; HYLB charges 0.05% to HYLS's 0.69%. Net assets: $3.2bn on Oct 19, 2026 for Xtrackers USD High Yield Corporate Bond ETF, and $1.6bn on Oct 20, 2026 for First Trust Tactical High Yield ETF.

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HYLB costs 0.64 points a year less; their one-year returns differ by 1.0 point; HYLB is 2.0 times larger.

HYLB vs HYLS: Differences, Returns & Fees
HYLBHYLS
Expense ratio0.05%0.69%
Net assets, as of Oct 19, 2026$3.2bn$1.6bn
Total return, 1 year+1.2%+0.2%
What it tracksSolactive USD High Yield Corporates Total Market IndexNo index, actively managed
Holdings in commonnot published
+1.2%
HYLB total return, 1 year
+0.2%
HYLS total return, 1 year
0.05%
HYLB expense ratio
0.69%
HYLS expense ratio

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Client brief · page 1 of 2Report BR-742C840BE2

HYLB and HYLS are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. HYLB follows Solactive USD High Yield Corporates Total Market Index and HYLS follows No index, actively managed.
  2. Number of holdings. HYLB holds 1,277 positions and HYLS holds 332.
  3. Cost. HYLB charges 0.05% of assets a year and HYLS 0.69%, a gap of 0.64 points.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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On the same fields

HYLB
Xtrackers USD High Yield Corporate Bond ETF
HYLS
First Trust Tactical High Yield ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index Actively managed
Total return, 1 year +1.2% +0.2%
Its benchmark over the same days −1.6% (IUSB) +1.2% (USHY)
Gap to its benchmark +2.8 pts vs IUSB −1.0 pts vs USHY
Expense ratio 0.05% 0.69%
Holdings 1277 332
Net assets, HYLB as of Oct 19, 2026 and HYLS as of Oct 20, 2026 $3.2bn $1.6bn

HYLB and HYLS on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About HYLB

HYLB tracks an index. Over the year to Oct 20, 2026 it returned +1.2% with distributions reinvested, against −1.6% for its benchmark, the Bloomberg U.S. Universal Bond Index. The prospectus expense ratio is 0.05% a year.

About HYLS

HYLS is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +0.2% with distributions reinvested, against +1.2% for its benchmark, the ICE BofA US High Yield Constrained Index. The prospectus expense ratio is 0.69% a year.

Questions people ask

Which returned more over the last year, HYLB or HYLS?
In the year to Oct 20, 2026, with distributions reinvested, HYLB returned +1.2% and HYLS +0.2%.
Which is cheaper, HYLB or HYLS?
HYLB is cheaper, by 0.64 percentage points a year. That is about $64 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

ETFIQ, HYLB against HYLS, data as of Oct 20, 2026. https://etfiq.com/compare/any/hylb-vs-hyls

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.