HYLS vs JPHY: Differences, Returns & Fees

HYLS's duration was 2.9 years on Jul 31, 2026 and JPHY's 2.6 on May 31, 2026; JPHY charges 0.45% to HYLS's 0.69%. Net assets on Oct 20, 2026: $1.6bn for First Trust Tactical High Yield ETF and $2.2bn for JPMorgan Active High Yield ETF.

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Answers cite the figures on this page.

JPHY costs 0.24 points a year less; their one-year returns differ by 1.9 points; JPHY is 1.4 times larger.

HYLS vs JPHY: Differences, Returns & Fees
HYLSJPHY
Expense ratio0.69%0.45%
Net assets$1.6bn$2.2bn
Total return, 1 year+0.2%+2.1%
What it tracksNo index, actively managedNo index, actively managed
Holdings in commonnot published
+0.2%
HYLS total return, 1 year
+2.1%
JPHY total return, 1 year
0.69%
HYLS expense ratio
0.45%
JPHY expense ratio

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Client brief · page 1 of 2Report BR-C40853BE8F

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

  1. Cost. HYLS charges 0.69% of assets a year and JPHY 0.45%, a gap of 0.24 points.
  2. What each follows (similar). Both follow No index, actively managed.
  3. One-year total return (similar). Over 1 year to Oct 20, 2026 HYLS returned +0.2% and JPHY +2.1% with distributions reinvested, a gap of 1.9 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

HYLS
First Trust Tactical High Yield ETF
JPHY
JPMorgan Active High Yield ETF
Where it sits Bond ETF Bond ETF
What it is Actively managed Actively managed
Total return, 1 year +0.2% +2.1%
Its benchmark over the same days +1.2% (USHY) +1.2% (USHY)
Gap to its benchmark −1.0 pts vs USHY +0.9 pts vs USHY
Expense ratio 0.69% 0.45%
Holdings 332 574
Net assets $1.6bn $2.2bn

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

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.

About JPHY

JPHY is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +2.1% with distributions reinvested, against +1.2% for its benchmark, the ICE BofA US High Yield Constrained Index. The prospectus expense ratio is 0.45% a year.

Questions people ask

Which returned more over the last year, HYLS or JPHY?
In the year to Oct 20, 2026, with distributions reinvested, HYLS returned +0.2% and JPHY +2.1%.
Which is cheaper, HYLS or JPHY?
JPHY is cheaper, by 0.24 percentage points a year. That is about $24 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

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

Open data

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