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FFLS vs GTO

The Future Fund Long/Short ETF vs Invesco Total Return Bond ETF

FFLS

The Future Fund Long/Short ETF

Annual cost

1.60%

Fund size

$43M

GTO

Invesco Total Return Bond ETF

Annual cost

0.35%

Fund size

$2.3B

Key differences

FFLS is an alternative ETF, while GTO is a fixed income ETF. FFLS charges 1.60% a year and GTO 0.35%.

  • FFLS is an alternative fund, while GTO is a fixed income fund. They carry different risk/return profiles.
  • FFLS follows a long short strategy; GTO uses active selection.
  • GTO costs 1.25% less per year.
  • GTO is much larger than FFLS. Larger funds are usually more liquid and less likely to close.
  • GTO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FFLSGTO
Annual cost (TER)1.60%0.35%
Fund size (AUM)$43M$2.3B
Since20232016
Dividend yield0.12%4.75%
Asset classalternativefixed income
Regionnorth americanorth america
Strategylong shortactive selection
CAGR 1Y-2.8%+5.6%
CAGR 3YN/A+4.7%
CAGR 5YN/A+0.0%
Sharpe 3YN/A0.23
Volatility 1Y9.22%3.43%
Max drawdown-11.05%-20.75%

Similar to FFLS and GTO