HYLS vs NHYB: Differences, Returns & Fees
On Jul 31, 2026 HYLS's duration was 2.9 years and NHYB's 3.2; NHYB charges 0.08% to HYLS's 0.69%. Net assets: $1.6bn on Oct 20, 2026 for First Trust Tactical High Yield ETF, and $1.7bn on Jul 31, 2026 for Nuveen High Yield Corporate Bond ETF.
NHYB costs 0.61 points a year less; their one-year returns differ by 1.3 points.
| HYLS | NHYB | |
|---|---|---|
| Expense ratio | 0.69% | 0.08% |
| Net assets, as of Jul 31, 2026 | $1.6bn | $1.7bn |
| Total return, 1 year | +0.2% | +1.5% |
| What it tracks | No index, actively managed | ICE BofA BB-B U.S. Cash Pay High Yield Constrained Index |
| Holdings in common | not published | |
HYLS and NHYB are built for the same job. How do they differ in cost, holdings and results?
- What each follows. HYLS follows No index, actively managed and NHYB follows ICE BofA BB-B U.S. Cash Pay High Yield Constrained Index.
- Number of holdings. HYLS holds 332 positions and NHYB holds 1680.
- Cost. HYLS charges 0.69% of assets a year and NHYB 0.08%, a gap of 0.61 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 and NHYB 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 NHYB
NHYB tracks an index. Over the year to Oct 20, 2026 it returned +1.5% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.08% a year.
Questions people ask
- Which returned more over the last year, HYLS or NHYB?
- In the year to Oct 20, 2026, with distributions reinvested, HYLS returned +0.2% and NHYB +1.5%.
- Which is cheaper, HYLS or NHYB?
- NHYB is cheaper, by 0.61 percentage points a year. That is about $61 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, HYLS against NHYB, data as of Oct 20, 2026. https://etfiq.com/compare/any/hyls-vs-nhyb
ETFIQ. (Oct 20, 2026). HYLS against NHYB. Retrieved from https://etfiq.com/compare/any/hyls-vs-nhyb
[HYLS against NHYB (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/hyls-vs-nhyb)
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