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EHLS vs FTLS

Even Herd Long Short ETF vs First Trust Long/Short Equity ETF

EHLS

Even Herd Long Short ETF

Even Herd, LLC

Annual cost

2.62%

Fund size

$61M

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

Key differences

  • FTLS costs 1.24% less per year.
  • FTLS is significantly larger than EHLS — larger funds tend to be more liquid and less likely to close.
  • FTLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

EHLSFTLS
Annual cost (TER)2.62%1.38%
Fund size (AUM)$61M$2.3B
Since20242014
Dividend yield0.00%0.91%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortlong short
CAGR 1Y+27.0%+15.7%
CAGR 3YN/A+14.8%
CAGR 5YN/A+10.5%
Sharpe 3YN/A1.09
Volatility 1Y18.73%8.19%
Max drawdown-18.96%-20.54%

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

Similar to EHLS and FTLS