Question 1

What are the top holdings in HYLS?

Accepted Answer

First Trust Tactical High Yield ETF (HYLS) holds 319 securities. View the complete list of top holdings sorted by portfolio weight, showing each security's ticker symbol, company name, asset type, and allocation percentage.

Question 2

How concentrated is HYLS's portfolio?

Accepted Answer

Portfolio concentration is measured by the weight of top holdings. A concentrated portfolio has fewer large positions with higher individual weights, while a diversified portfolio distributes holdings more evenly. Review HYLS's holdings table to analyze concentration risk.

Question 3

What is HYLS's sector allocation?

Accepted Answer

The Sector Allocation chart shows how HYLS distributes investments across different industries like Technology, Healthcare, Financials, and more. This sector exposure helps understand the fund's industry diversification strategy.

Question 4

What countries does HYLS invest in?

Accepted Answer

HYLS's geographic exposure is shown in the Countries tab under Portfolio Allocations. This reveals the fund's international diversification and exposure to different regions and global markets.

Question 5

How diversified is HYLS ETF?

Accepted Answer

HYLS's diversification can be assessed by reviewing its 319 holdings, sector allocation, and geographic exposure. A well-diversified ETF spreads investments across multiple securities, sectors, and regions to reduce concentration risk.

Question 6

What are HYLS's largest positions by weight?

Accepted Answer

HYLS's largest positions are listed in the holdings table, sorted by portfolio weight percentage. The top holdings represent the securities with the highest allocation in the fund's portfolio composition.

#	Symbol	Name	Type	Weight
1	M MUTF:MISXX	Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio	Stock	5.89%
2	N NMFQS:MISXX	Morgan Stanley Institutional Liquidity Funds - Treasury Portfolio	Cash	4.20%
3	L LIGPLL.7.25 08.15.32 144A	Lightning Power LLC 7.25%	Stock	1.61%
4	B BCULC.4 10.15.30 144A	1011778 B.C. Unlimited Liability Company / New Red Finance, Inc. 4%	Stock	1.36%
5	U URI.6 12.15.29 144A	United Rentals (North America), Inc. 6%	Stock	1.27%
6	T TIHLLC.7.125 06.01.31 144A	Truist Insurance Holdings LLC & Panther Co-Issuer Inc. 7.125%	Stock	1.24%
7	A ARDGRP.7.75 02.15.31 144A	Ardonagh Finco Ltd. 7.75%	Stock	1.19%
8	B BWIN.7.125 05.15.31 144A	Baldwin Insurance Group Holdings LLC / Baldwin Insurance Group Holdings Fin	Stock	1.14%
9	A ACRISU.7.5 11.06.30 144A	Acrisure Llc / Acrisure Fin Inc 7.5%	Stock	1.12%
10	B BECN.6.75 04.30.32 144A	QXO Building Products Inc. 6.75%	Stock	1.11%
11	D DISH.11.75 11.15.27 144A	DISH Network Corporation 11.75%	Stock	1.00%
12	A ALIANT.6.75 04.15.28 144A	Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer Inc 6.75%	Stock	0.99%
13	B BLDR.6.75 05.15.35 144A	Builders Firstsource, Inc. 6.75%	Stock	0.98%
14	T TIBX.9 09.30.29 144A	Cloud Software Group Inc. 9%	Stock	0.95%
15	A ATHENA.6.5 02.15.30 144A	Athenahealth Group Inc. 6.5%	Stock	0.94%
16	R RNG.8.5 08.15.30 144A	Ringcentral Inc 8.5%	Stock	0.90%
17	A ARDGRP.8.875 02.15.32 144A	Ardonagh Group Finance Ltd. 8.875%	Stock	0.90%
18	H HWDGRP.7.25 02.15.31 144A	Howden UK Refinance PLC & Howden US Refinance LLC 7.25%	Stock	0.87%
19	M MOH.6.25 01.15.33 144A	Molina Healthcare, Inc. 6.25%	Stock	0.85%
20	F FOUR.6.75 08.15.32 144A	Shift4 Payments Llc / Shift4 Payments Finance Subordinated Incorporated 6.7	Stock	0.85%
21	V VEGLPL.7.75 05.01.35 144A	Venture Global Plaquemines Lng LLC 7.75%	Stock	0.76%

HYLS ETF Holdings: First Trust Tactical High Yield ETF

Portfolio Allocations

Top 21 Holdings by Portfolio Weight