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FTCS vs FTLS

First Trust Capital Strength ETF vs First Trust Long/Short Equity ETF

FTCS

First Trust Capital Strength ETF

First Trust

Annual cost

0.53%

Fund size

$7.9B

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

Key differences

  • FTCS costs 0.85% less per year.
  • FTCS is significantly larger than FTLS — larger funds tend to be more liquid and less likely to close.
  • FTCS is classified as equity, while FTLS is alternative — different risk/return profiles.
  • FTCS follows a index tracking strategy; FTLS uses long short.
  • Over the last 3 years, FTLS has delivered higher annualized returns.
  • FTCS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTCSFTLS
Annual cost (TER)0.53%1.38%
Fund size (AUM)$7.9B$2.3B
Since20062014
Dividend yield1.10%0.91%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackinglong short
CAGR 1Y+5.3%+15.7%
CAGR 3Y+10.5%+14.8%
CAGR 5Y+6.1%+10.5%
Sharpe 3Y0.631.09
Volatility 1Y9.97%8.19%
Max drawdown-31.93%-20.54%

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

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