# Portfolio overlap — FDHIX vs HYLS Comparing **First Trust Short Duration High Income Fund** (2026-04-30) and **First Trust Tactical High Yield ETF** (2026-04-30). - Shared positions: 195 - First Trust Short Duration High Income Fund covered by First Trust Tactical High Yield ETF: 0.5993984237464950255184469580 - First Trust Tactical High Yield ETF covered by First Trust Short Duration High Income Fund: 0.5993984237464950255184469580 ## First Trust Short Duration High Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | MSILF Treasury Portfolio, Class Institutional | 0.059783 | ✓ | | ATHENA TL B 1L USD | 0.017297 | | | OneDigital Health and Benefits Second-lien Term Loan 525 2032-06-02 | 0.015510 | | | WHTCAP TL B 1L USD | 0.013288 | | | DISH Network Corp | 0.012628 | ✓ | | CORPBOND | 0.012587 | ✓ | | TIHLLC 7 1/8 06/01/31 | 0.012054 | ✓ | | WHATABURGER TERM B 1LN 08/03/2028 | 0.011304 | | | OPELLA TERM B 1LN 04/23/2032 | 0.011144 | | | CHTR 7 02/01/33 144A | 0.010406 | ✓ | | Fair Isaac Corp. | 0.010233 | ✓ | | EchoStar Corp | 0.010209 | ✓ | | Garda World Security Corporation, Term Loan B | 0.010104 | | | ARDONAGH FINCO LTD REGD 144A P/P 7.75000000 | 0.009984 | ✓ | | Cloud Software Group Inc | 0.009728 | ✓ | | MOLINA HEALTHCARE INC SR UNSECURED 144A 01/33 6.25 | 0.009372 | ✓ | | QXO BUILDING PRODUCTS SR SECURED 144A 04/32 6.75 | 0.009349 | ✓ | | RCM 6.875 11/15/31 144A | 0.009090 | ✓ | | Venture Global Plaquemines LNG, LLC | 0.009048 | ✓ | | Mavis Tire Express Services TopCo, L.P., First Lien Term Loan | 0.008258 | | | PRXL TL B 1L USD | 0.008022 | | | Alliant Holdings Intermediate, LLC/Alliant Holdings Co-Issuer, Inc. | 0.008005 | ✓ | | TK Elevator US Newco Inc2025 USD Term Loan B | 0.007701 | | | SFR TERM B14 1LN 5/31/2031 | 0.007559 | | | SMYRNA READY MIX CONCRET REGD 144A P/P 8.87500000 | 0.007329 | ✓ | | NWL 8.5 06/01/28 144A | 0.007315 | ✓ | | Performance Food Group Inc | 0.007314 | ✓ | | SURGERY CENTER HOLDINGS REGD 144A P/P 7.25000000 | 0.007274 | ✓ | | Rocket Cos., Inc. | 0.007255 | ✓ | | TLN 6.5 02/01/36 144A | 0.007225 | ✓ | | LEIA FINCO US LLC | 0.007212 | | | MCFE TL B1 1L USD | 0.007165 | | | ALPHA GENERATION LLC REGD 144A P/P 6.25000000 | 0.007006 | ✓ | | WAND NEWCO 3 INC SR SECURED 144A 01/32 7.625 | 0.006742 | ✓ | | T/L THE EDELMAN FINANCIAL ENGINES CENTER LLC REGD 0.00000000 | 0.006598 | | | Phoenix Aviation Capital, LLC | 0.006463 | ✓ | | PFSI 6.75 02/15/34 144A | 0.006149 | ✓ | | T/L AMERICAN AIRLINES INC ZCP TERM LOAN 0.00000000 | 0.006134 | | | POST HOLDINGS INC SR SECURED 144A 02/32 6.25 | 0.006053 | ✓ | | POST HOLDINGS INC REGD 144A P/P 6.37500000 | 0.006042 | ✓ | | EquipmentShare.com Inc | 0.005904 | ✓ | | Brink's Co. (The) | 0.005887 | ✓ | | STANDARD INDUSTR INC/NJ SR UNSECURED 144A 08/32 6.5 | 0.005850 | ✓ | | BUILDERS FIRSTSOURCE INC REGD 144A P/P 6.37500000 | 0.005749 | ✓ | | VIKING OCEAN CRUISES SHI SR SECURED 144A 02/29 5.625 | 0.005705 | ✓ | | Highline Aftermarket Acquisition LLC, Term Loan B | 0.005670 | | | Ensemble RCM LLC | 0.005649 | | | TransDigm, Inc. | 0.005619 | ✓ | | SNAP INC REGD 144A P/P 6.87500000 | 0.005590 | ✓ | | TRUIST INSURANCE TERM 2LN 05/06/2032 | 0.005564 | | ## First Trust Tactical High Yield ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | Restaurant Brands International Limited Partnership | 0.014490 | | | ONEDIGITAL BORR 06/12/32 | 0.014076 | | | CORPBOND | 0.013200 | ✓ | | URI 6 12/15/29 144A | 0.012490 | | | QXO BUILDING PRODUCTS SR SECURED 144A 04/32 6.75 | 0.011676 | ✓ | | DISH Network Corp | 0.010579 | ✓ | | ALLIANT HOLDINGS INTERMEDIATE SR SECURED 144A 04/28 6.75 | 0.010529 | | | Fair Isaac Corp. | 0.010497 | ✓ | | QUIKRETE HOLDINGS INC SR UNSECURED 144A 03/33 6.75 | 0.010495 | ✓ | | MINERVA MERGER SUB INC | 0.010088 | | | VIKING OCEAN CRUISES SHI SR SECURED 144A 02/29 5.625 | 0.010078 | ✓ | | BUILDERS FIRSTSOURCE INC REGD 144A P/P 6.75000000 | 0.010017 | ✓ | | Cloud Software Group Inc | 0.009995 | ✓ | | EchoStar Corp | 0.009830 | ✓ | | ARDONAGH FINCO LTD REGD 144A P/P 7.75000000 | 0.009531 | ✓ | | LEIA FINCO US L 07/02/32 | 0.009339 | | | ARDONAGH GRP. FIN. 8.875% | 0.009204 | ✓ | | TIHLLC 7 1/8 06/01/31 | 0.009189 | ✓ | | RINGCENTRAL INC REGD 144A P/P 8.50000000 | 0.008943 | ✓ | | SHIFT4 PAYMENTS LLC / SHIFT4 P COMPANY GUAR 144A 08/32 6.75 | 0.008940 | ✓ | | Venture Global Plaquemines LNG, LLC | 0.008125 | ✓ | | TRUIST INSURANC 03/08/32 | 0.008002 | | | Rocket Cos., Inc. | 0.007833 | ✓ | | MSILF Treasury Portfolio, Class Institutional | 0.007828 | ✓ | | NUMERICABLE US LLC | 0.007722 | | | RCM 6.875 11/15/31 144A | 0.007522 | ✓ | | SMYRNA READY MIX CONCRET REGD 144A P/P 8.87500000 | 0.007417 | ✓ | | TLN 6.5 02/01/36 144A | 0.007110 | ✓ | | ARDT 5.75 07/15/29 144A | 0.007012 | ✓ | | EquipmentShare.com Inc | 0.006595 | ✓ | | CSC HOLDINGS LLC REGD 144A P/P 4.50000000 | 0.006570 | | | HWDGRP 7.25 02/15/31 144A | 0.006487 | ✓ | | TransDigm, Inc. | 0.006410 | ✓ | | STAR PARENT INC9/19/2030 | 0.006339 | | | Alliant Holdings Intermediate, LLC/Alliant Holdings Co-Issuer, Inc. | 0.006303 | ✓ | | RB Global Holdings Inc. | 0.006298 | ✓ | | Medline Borrower, L.P. | 0.006092 | | | SURGERY CENTER HOLDINGS REGD 144A P/P 7.25000000 | 0.006058 | ✓ | | FirstCash, Inc. | 0.005998 | ✓ | | Graphic Packaging International, LLC | 0.005963 | ✓ | | ALPHA GENERATION LLC REGD 144A P/P 6.25000000 | 0.005930 | ✓ | | BUILDERS FIRSTSOURCE INC REGD 144A P/P 6.37500000 | 0.005894 | ✓ | | US FOODS INC SR UNSECURED 144A 04/33 5.75 | 0.005814 | ✓ | | PFSI 6.75 02/15/34 144A | 0.005781 | ✓ | | Brink's Co. (The) | 0.005569 | ✓ | | UWM HOLDINGS LLC REGD 144A P/P 6.25000000 | 0.005538 | ✓ | | Performance Food Group Inc | 0.005445 | ✓ | | NRG Energy Inc | 0.005423 | ✓ | | Garda World Security Corp | 0.005418 | | | ZIGGO BV SR SECURED 144A 01/30 4.875 | 0.005394 | ✓ | ## Sources - N-PORT (fund A) — accession `0000940400-26-024918` (as of 2026-04-30) - N-PORT (fund B) — accession `0000940400-26-024900` (as of 2026-04-30) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _