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AGOX vs FTLS

Adaptive Alpha Opportunities ETF vs First Trust Long/Short Equity ETF

AGOX

Adaptive Alpha Opportunities ETF

Annual cost

1.33%

Fund size

$387M

FTLS

First Trust Long/Short Equity ETF

Annual cost

1.38%

Fund size

$2.3B

Key differences

Both AGOX and FTLS are alternative ETFs. AGOX charges 1.33% a year and FTLS 1.38%. The main difference: AGOX follows a active selection strategy; FTLS uses long short.

  • AGOX follows a active selection strategy; FTLS uses long short.
  • FTLS is much larger than AGOX. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, AGOX has delivered higher annualized returns.

Side-by-side comparison

AGOXFTLS
Annual cost (TER)1.33%1.38%
Fund size (AUM)$387M$2.3B
Since20122014
Dividend yield0.00%0.90%
Asset classalternativealternative
Regionnorth america
Strategyactive selectionlong short
CAGR 1Y+27.6%+14.5%
CAGR 3Y+18.6%+14.1%
CAGR 5Y+8.5%+10.0%
Sharpe 3Y0.781.02
Volatility 1Y18.54%8.36%
Max drawdown-27.72%-20.54%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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