Which returned more over the last year, HYLS or PHYL?

In the year to Oct 20, 2026, with distributions reinvested, HYLS returned +0.2% and PHYL +0.8%.

Which is cheaper, HYLS or PHYL?

PHYL is cheaper, by 0.30 percentage points a year. That is about $30 on $10,000 held for a year. Fees come from each fund's prospectus.

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HYLS vs PHYL: Differences, Returns & Fees

HYLS's duration was 2.9 years on Jul 31, 2026 and PHYL's 3.0 on May 29, 2026; PHYL charges 0.39% to HYLS's 0.69%. Net assets: $1.6bn on Oct 20, 2026 for First Trust Tactical High Yield ETF, and $1.5bn on Oct 19, 2026 for PGIM Active High Yield Bond ETF.

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Answers cite the figures on this page.

PHYL costs 0.30 points a year less; their one-year returns differ by 0.6 points.

HYLS vs PHYL: Differences, Returns & Fees
	HYLS	PHYL
Expense ratio	0.69%	0.39%
Net assets, as of Oct 19, 2026	$1.6bn	$1.5bn
Total return, 1 year	+0.2%	+0.8%
What it tracks	No index, actively managed	No index, actively managed
Holdings in common	not published

+0.2%

HYLS total return, 1 year

+0.8%

PHYL total return, 1 year

0.69%

HYLS expense ratio

0.39%

PHYL expense ratio

Client brief · page 1 of 2Report BR-5ECE6532A3

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

Cost. HYLS charges 0.69% of assets a year and PHYL 0.39%, a gap of 0.30 points.
What each follows (similar). Both follow No index, actively managed.
One-year total return (similar). Over 1 year to Oct 20, 2026 HYLS returned +0.2% and PHYL +0.8% with distributions reinvested, a gap of 0.6 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

PHYL

PGIM Active High Yield Bond ETF

Where it sits Bond ETF Bond ETF

Issuer First Trust PGIM

What it is Actively managed Actively managed

Total return, 1 year +0.2% +0.8%

Its benchmark over the same days +1.2% (USHY) −1.9% (AGG)

Gap to its benchmark −1.0 pts vs USHY +2.7 pts vs AGG

Expense ratio 0.69% 0.39%

Holdings 332 783

Net assets, HYLS as of Oct 20, 2026 and PHYL as of Oct 19, 2026 $1.6bn $1.5bn

HYLS and PHYL 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 PHYL

PHYL is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +0.8% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg US Aggregate Bond Index. The prospectus expense ratio is 0.39% a year.

Questions people ask

Which returned more over the last year, HYLS or PHYL?: In the year to Oct 20, 2026, with distributions reinvested, HYLS returned +0.2% and PHYL +0.8%.
Which is cheaper, HYLS or PHYL?: PHYL is cheaper, by 0.30 percentage points a year. That is about $30 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

HYLS vs NHYB FLHY vs HYLS HFSI vs HYLS HYLS vs JPHY FALN vs PHYL FLHY vs PHYL PHYL vs SHYG PHYL vs SPHY

HYLS on its own →PHYL on its own →Hold both: look the portfolio through →Rankings →HYLS dividend history →HYLS holdings →PHYL dividend history →PHYL holdings →Standards and sources →

Where these figures came from

HYLS filings on SEC EDGAR ↗HYLS prospectus with the expense ratio (SEC) ↗First Trust page for HYLS ↗PHYL filings on SEC EDGAR ↗PHYL prospectus with the expense ratio (SEC) ↗PGIM website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

Cite this pageCitation, APA and Markdown

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

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