HYLS:NASDAQFirst Trust Tactical High Yield ETF analysis
Data as of Aug 20, 2026 - not real-time
- Latest price
- $40.72
- Risk: low
- 2/10Low risk
Summary
The moving-average structure behind First Trust Tactical High Yield ETF is bearish at $40.72, with short-term averages lagging the long-term ones. With RSI at 50.7 the momentum picture is neutral, alongside a bullish MACD signal. Recent trading has carved out support near $40.05 and resistance around $41.24.
The 0.69% expense ratio is middling for its category, and the fund manages $1.62B in assets.
The composite risk read is 2/10, putting it in low territory. With 30-day volatility of 3.7%, a beta of 0.20 and a maximum drawdown of 5.3%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
Timeframes disagree: the short-term read is sell while the long-term read is hold, conviction 3 out of 10.
The 0.69% expense ratio is middling for its category, and the fund manages $1.62B in assets.
The composite risk read is 2/10, putting it in low territory. With 30-day volatility of 3.7%, a beta of 0.20 and a maximum drawdown of 5.3%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
Timeframes disagree: the short-term read is sell while the long-term read is hold, conviction 3 out of 10.
Top market events
- Benzinga.com3monLatest First Trust Tactical High Yield ETF News NASDAQ:HYLS BenzingaGet the latest news on First Trust...
Market outlook
Short term
< 1 yearCautious
Model confidence5/105 out of 10
Key factors
- Short-term moving averages stacked below long-term ones
- Trading below the 200-day average of 41.17
- MACD momentum is positive
Medium term
1–3 yearsNeutral
Model confidence4/104 out of 10
Key factors
- Short-term moving averages stacked below long-term ones
- Trading below the 200-day average of 41.17
- MACD momentum is positive
Long term
> 3 yearsNeutral
Model confidence3/103 out of 10
Key factors
- Short-term moving averages stacked below long-term ones
- 30-day volatility of 3.7%
- Beta of 0.20 versus the benchmark
Key metrics
Fund metrics
Expense Ratio0.69%
AUM$1.6B
Inception Date2013-02-25
Avg Daily Volume97,420
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield6.79%
Technical analysis
TrendBearish
RSI50.7
Support$40.05
Resistance$41.24
MA 20$40.64
MA 50$40.73
MA 200$41.17
MACDBullish
VolumeDecreasing
Fear & Greed Index92.88
Risk assessment
Beta0.20
Volatility3.66%
Sector RiskMedium
Currency RiskLow
Liquidity RiskMedium
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.