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CBLS vs FTLS

Clough Hedged Equity ETF vs First Trust Long/Short Equity ETF

CBLS

Clough Hedged Equity ETF

Annual cost

1.89%

Fund size

$55M

FTLS

First Trust Long/Short Equity ETF

Annual cost

1.38%

Fund size

$2.3B

Key differences

Both CBLS and FTLS are alternative ETFs. CBLS charges 1.89% a year and FTLS 1.38%. The main difference: FTLS costs 0.51% less per year.

  • FTLS costs 0.51% less per year.
  • FTLS is much larger than CBLS. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, CBLS has delivered higher annualized returns.
  • FTLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CBLSFTLS
Annual cost (TER)1.89%1.38%
Fund size (AUM)$55M$2.3B
Since20202014
Dividend yield0.76%0.90%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortlong short
CAGR 1Y+17.7%+14.5%
CAGR 3Y+18.2%+14.1%
CAGR 5Y+4.6%+10.0%
Sharpe 3Y0.971.02
Volatility 1Y16.06%8.36%
Max drawdown-32.78%-20.54%

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

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