Screener
ALTY vs FTLS
Global X Alternative Income ETF vs First Trust Long/Short Equity ETF
Key differences
Both ALTY and FTLS are alternative ETFs. ALTY charges 0.50% a year and FTLS 1.38%. The main difference: ALTY follows a option income strategy; FTLS uses long short.
- ALTY follows a option income strategy; FTLS uses long short.
- ALTY costs 0.88% less per year.
- FTLS is much larger than ALTY. Larger funds are usually more liquid and less likely to close.
- Over the last three years, FTLS has delivered higher annualized returns.
Side-by-side comparison
| ALTY | FTLS | |
|---|---|---|
| Annual cost (TER) | 0.50% | 1.38% |
| Fund size (AUM) | $44M | $2.3B |
| Since | 2015 | 2014 |
| Dividend yield | 7.37% | 0.90% |
| Asset class | alternative | alternative |
| Region | north america | north america |
| Strategy | option income | long short |
| CAGR 1Y | +15.0% | +12.1% |
| CAGR 3Y | +11.3% | +13.4% |
| CAGR 5Y | +5.5% | +9.8% |
| Sharpe 3Y | 0.86 | 0.96 |
| Volatility 1Y | 5.80% | 8.31% |
| Max drawdown | -51.47% | -20.54% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.