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FAAR vs FTLS

First Trust Alternative Absolute Return Strategy ETF vs First Trust Long/Short Equity ETF

FAAR

First Trust Alternative Absolute Return Strategy ETF

Annual cost

0.98%

Fund size

$176M

FTLS

First Trust Long/Short Equity ETF

Annual cost

1.38%

Fund size

$2.3B

Key differences

Both FAAR and FTLS are alternative ETFs. FAAR charges 0.98% a year and FTLS 1.38%. The main difference: FAAR costs 0.40% less per year.

  • FAAR costs 0.40% less per year.
  • FTLS is much larger than FAAR. 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

FAARFTLS
Annual cost (TER)0.98%1.38%
Fund size (AUM)$176M$2.3B
Since20162014
Dividend yield9.19%0.90%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortlong short
CAGR 1Y+33.2%+14.5%
CAGR 3Y+11.1%+14.1%
CAGR 5Y+7.4%+10.0%
Sharpe 3Y0.671.02
Volatility 1Y13.49%8.36%
Max drawdown-18.03%-20.54%

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

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