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BNGE vs FTLS

First Trust S-Network Streaming & Gaming ETF vs First Trust Long/Short Equity ETF

BNGE

First Trust S-Network Streaming & Gaming ETF

First Trust

Annual cost

0.70%

Fund size

$5M

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

Key differences

  • BNGE costs 0.68% less per year.
  • FTLS is significantly larger than BNGE — larger funds tend to be more liquid and less likely to close.
  • BNGE is classified as equity, while FTLS is alternative — different risk/return profiles.
  • BNGE follows a index tracking strategy; FTLS uses long short.
  • FTLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BNGEFTLS
Annual cost (TER)0.70%1.38%
Fund size (AUM)$5M$2.3B
Since20222014
Dividend yield1.07%0.91%
Asset classequityalternative
Regionnorth america
Strategyindex trackinglong short
CAGR 1Y-3.8%+15.8%
CAGR 3Y+14.5%+14.6%
CAGR 5YN/A+10.7%
Sharpe 3Y0.611.07
Volatility 1Y17.79%8.19%
Max drawdown-40.54%-20.54%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to BNGE and FTLS