Screener
FFLS vs FDHY
The Future Fund Long/Short ETF vs Fidelity Enhanced High Yield ETF
Key differences
FFLS is an alternative ETF, while FDHY is a fixed income ETF. FFLS charges 1.60% a year and FDHY 0.35%.
- FFLS is an alternative fund, while FDHY is a fixed income fund. They carry different risk/return profiles.
- FFLS follows a long short strategy; FDHY uses active selection.
- FDHY costs 1.25% less per year.
- FDHY is much larger than FFLS. Larger funds are usually more liquid and less likely to close.
- FDHY has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FFLS | FDHY | |
|---|---|---|
| Annual cost (TER) | 1.60% | 0.35% |
| Fund size (AUM) | $43M | $522M |
| Since | 2023 | 2018 |
| Dividend yield | 0.12% | 6.53% |
| Asset class | alternative | fixed income |
| Region | north america | north america |
| Strategy | long short | active selection |
| CAGR 1Y | -2.8% | +7.9% |
| CAGR 3Y | N/A | +9.0% |
| CAGR 5Y | N/A | +4.0% |
| Sharpe 3Y | N/A | 1.02 |
| Volatility 1Y | 9.22% | 3.58% |
| Max drawdown | -11.05% | -20.01% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.