Skip to content
Beacon
Screener

FTBI vs FTLS

First Trust Balanced Income ETF vs First Trust Long/Short Equity ETF

FTBI

First Trust Balanced Income ETF

First Trust

Annual cost

0.97%

Fund size

$20M

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

Key differences

  • FTBI costs 0.41% less per year.
  • FTLS is significantly larger than FTBI — larger funds tend to be more liquid and less likely to close.
  • FTBI is classified as mixed asset, while FTLS is alternative — different risk/return profiles.
  • FTBI follows a index tracking strategy; FTLS uses long short.
  • FTLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTBIFTLS
Annual cost (TER)0.97%1.38%
Fund size (AUM)$20M$2.3B
Since20252014
Dividend yield0.91%
Asset classmixed assetalternative
Regionnorth americanorth america
Strategyindex trackinglong short
CAGR 1YN/A+15.7%
CAGR 3YN/A+14.8%
CAGR 5YN/A+10.5%
Sharpe 3YN/A1.09
Volatility 1Y8.19%
Max drawdown-5.34%-20.54%

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

Similar to FTBI and FTLS