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FFLS vs KORP

The Future Fund Long/Short ETF vs American Century Diversified Corporate Bond ETF

FFLS

The Future Fund Long/Short ETF

Annual cost

1.60%

Fund size

$43M

KORP

American Century Diversified Corporate Bond ETF

Annual cost

0.29%

Fund size

$816M

Key differences

FFLS is an alternative ETF, while KORP is a fixed income ETF. FFLS charges 1.60% a year and KORP 0.29%.

  • FFLS is an alternative fund, while KORP is a fixed income fund. They carry different risk/return profiles.
  • FFLS follows a long short strategy; KORP uses active selection.
  • KORP costs 1.31% less per year.
  • KORP is much larger than FFLS. Larger funds are usually more liquid and less likely to close.
  • KORP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FFLSKORP
Annual cost (TER)1.60%0.29%
Fund size (AUM)$43M$816M
Since20232018
Dividend yield0.12%5.09%
Asset classalternativefixed income
Regionnorth americanorth america
Strategylong shortactive selection
CAGR 1Y-2.8%+5.7%
CAGR 3YN/A+5.5%
CAGR 5YN/A+1.7%
Sharpe 3YN/A0.37
Volatility 1Y9.22%4.34%
Max drawdown-11.05%-14.90%

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

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