Premium Access    ETF Search:   

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





©ETFScreen.com
Volume(000's)


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
Price48.65
Volume133k
Avg Vol169k
RSf38.3
$Vol(21d)6m
52 wk High48.83
52 wk Low42.98
Inception:Feb 2013
(as of 2017-01-19)
Total Returns:
1 day-0.2%
5 day-0.2%
1 month1.7%
3 month1.0%
6 month2.4%
9 month5.0%
1 year12.2%
 
Compare Funds:
Correlated Group: Devlpd x/US (View cGroup) (All Groups)




 

Correlated Funds

Most Directly Correlated
SPDR Barclays High Yield BondJNK0.87  
iShares iBoxx $ High Yield Corporate Bond FunHYG0.87  
iShares 0-5 yr High Yld Corp Bd ETFSHYG0.85  
SPDR Barclays ST High Yield Bond ETFSJNK0.84  
PowerShares High Yield Corporate Bond PortfolPHB0.84  
PIMCO 0-5 Year High Yield Corporate Bond Index FunHYS0.81  
VanEck Vectors Fallen Angel HY Bond ETFANGL0.79  
Guggenheim BulletShares 2020 HY C Bd ETFBSJK0.79  
Guggenheim BulletShares 2018 HY Cp Bnd ETFBSJI0.75  
Guggenheim BulletShares 2019 HY C Bd ETFBSJJ0.75  
Least Correlated
First Trust Enh Short Maturity ETFFTSM0.03  
CurrencyShares Euro TrustFXE0.02  
ProShares Investment Grd Intr Rt HdgdIGHG0.02  
IShares iBonds Dec 2017 Corp ETFIBDJ0.01  
iShares Barclays Short Treasury Bond FundSHV0.01  
PowerShares DB Base Metals FundDBB0.01  
CurrencyShares Swiss FrancFXF0.00  
First Trust Duration Mrtg Opps ETFLMBS-0.00  
United States Natural Gas FundUNG-0.01  
iShares Short Maturity Bond ETFNEAR-0.03  
Most Inversely Correlated
iPath S&P 500 VIX Short-Term Futures ETNVXX-0.56  
VelocityShares Daily 2x VIX ST ETN TVIX-0.56  
ProShares Short MSCI EAFEEFZ-0.59  
ProShares UltraShort FTSE/Zinhua China 25FXP-0.60  
Direxion Daily China Bear 3X SharesYANG-0.60  
ProShares UltraShort MSCI BrazilBZQ-0.68  
Direxion Emerging Markets Bear 3X SharesEDZ-0.72  
ProShares Short MSCI Emerging MktsEUM-0.72  
ProShares UltraShort MSCI Emerging MktsEEV-0.72  
ProShares Short High Yield SJB-0.87  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2017-01-13.
 


Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.








Important Disclaimer: The information provided by ETFScreen.com is strictly for informational purposes and is not to be construed as advice or solicitation to buy or sell any security. The owner of ETFScreen.com assumes no liability resulting from the use of the material contained herein for any purposes, including investment purposes. Privacy Policy Disclaimer/Terms of Use

If you have a comment please contact us. Advertise with us Market Data by:On-Demand Financial Market Data by Xignite