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FTAG vs FTLS

First Trust Indxx Global Agriculture ETF vs First Trust Long/Short Equity ETF

FTAG

First Trust Indxx Global Agriculture ETF

First Trust

Annual cost

0.70%

Fund size

$16M

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

Key differences

  • FTAG costs 0.68% less per year.
  • FTLS is significantly larger than FTAG — larger funds tend to be more liquid and less likely to close.
  • FTAG is classified as equity, while FTLS is alternative — different risk/return profiles.
  • FTAG follows a index tracking strategy; FTLS uses long short.
  • Over the last 3 years, FTLS has delivered higher annualized returns.

Side-by-side comparison

FTAGFTLS
Annual cost (TER)0.70%1.38%
Fund size (AUM)$16M$2.3B
Since20102014
Dividend yield1.33%0.91%
Asset classequityalternative
Regionnorth america
Strategyindex trackinglong short
CAGR 1Y+15.5%+15.8%
CAGR 3Y+4.5%+14.6%
CAGR 5Y+1.1%+10.7%
Sharpe 3Y0.141.07
Volatility 1Y13.91%8.19%
Max drawdown-50.79%-20.54%

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

Similar to FTAG and FTLS