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FFLS vs FPXI

The Future Fund Long/Short ETF vs First Trust International Equity Opportunities ETF

FFLS

The Future Fund Long/Short ETF

The Future Fund

Annual cost

1.60%

Fund size

$42M

FPXI

First Trust International Equity Opportunities ETF

First Trust

Annual cost

0.70%

Fund size

$187M

Key differences

  • FPXI costs 0.90% less per year.
  • FPXI is significantly larger than FFLS — larger funds tend to be more liquid and less likely to close.
  • FFLS is classified as alternative, while FPXI is equity — different risk/return profiles.
  • FFLS follows a long short strategy; FPXI uses index tracking.
  • FPXI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FFLSFPXI
Annual cost (TER)1.60%0.70%
Fund size (AUM)$42M$187M
Since20232014
Dividend yield0.13%0.67%
Asset classalternativeequity
Regionnorth america
Strategylong shortindex tracking
CAGR 1Y-0.7%+43.4%
CAGR 3YN/A+24.8%
CAGR 5YN/A+4.1%
Sharpe 3YN/A0.99
Volatility 1Y8.87%23.21%
Max drawdown-11.05%-55.78%

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

Similar to FFLS and FPXI