FTCB vs HYSD
First Trust Core Investment Grade ETF vs Columbia Short Duration High Yield ETF
Which is better, FTCB or HYSD?
HYSD has been ahead.
HYSD has a lower expense ratio. HYSD led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FTCB | HYSD |
|---|---|---|
| Expense Ratio | 0.56% | 0.44%Best |
| AUM | $2.7B | $105M |
| Dividend Yield | 5.59% | 6.03% |
| Holdings | 1,580 | 575 |
| YTD Return | -2.74% | +0.62%Best |
| 1Y Return | -3.07% | +2.13%Best |
| 3Y Return (annualized) | +4.36% | - |
| Volatility (annualized) | 4.8% | 2.5%Best |
| Max Drawdown | -5.6% | -2.7%Best |
| $10,000 over 2.1 years | $10,184 | $10,889Best |
| Fund Family | First Trust Portfolios (US) | Columbia Threadneedle Investments |
| Category | Fixed Income | Fixed Income |
| Style | Investment Grade Bond | Investment Grade Bond |
| Inception | Nov 7, 2023 | Sep 5, 2024 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Sep 5, 2024 to Oct 14, 2026 (2.1 years).
FTCB vs HYSD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.1 years both funds cover.
FTCB vs HYSD Performance
First Trust Core Investment Grade ETF (FTCB) is an ETF from First Trust Portfolios (US) and Columbia Short Duration High Yield ETF (HYSD) is an ETF from Columbia Threadneedle Investments. Over the past year FTCB returned -3.07% while HYSD returned +2.13%. Year to date, FTCB is down 2.74% versus a gain of 0.62% for HYSD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FTCB has been the more volatile fund, with annualized monthly volatility of 4.8% compared with 2.5% for HYSD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -5.6% for FTCB and -2.7% for HYSD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FTCB charges 0.56% per year while HYSD charges 0.44%. On a $10,000 position that is $56 vs $44 annually, a gap of $12 per year that compounds over a long holding period. On income, FTCB currently yields 5.59% against 6.03% for HYSD.
Holdings Overlap
We hold position weights for 13 holdings in FTCB and 237 in HYSD, totalling 4.5% and 82.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 13 positions we hold weights for in FTCB and 237 in HYSD, against full books of 1,580 and 575.
You are not choosing between two funds in isolation.
Whichever of FTCB and HYSD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FTCB or HYSD?
FTCB has an expense ratio of 0.56% while HYSD charges 0.44%. HYSD is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, FTCB or HYSD?
Over the past year FTCB returned -3.07% vs +2.13% for HYSD, so HYSD leads on 1-year performance. Over the longest common window we track (2 years), FTCB annualized +0.87% vs +4.14% for HYSD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FTCB or HYSD?
FTCB has been the more volatile fund at 4.8% annualized versus 2.5% for HYSD. Worst drawdown: FTCB -5.6% vs HYSD -2.7%.
Should I hold both FTCB and HYSD?
FTCB and HYSD have a monthly-return correlation of 0.69, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FTCB or HYSD?
FTCB yields 5.59% while HYSD yields 6.03%, so HYSD currently pays the higher dividend yield.
Is HYSD better than FTCB?
HYSD has a lower expense ratio. HYSD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.