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FTLS vs CARZ

First Trust Long/Short Equity ETF vs First Trust S-Network Future Vehicles & Technology ETF

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

CARZ

First Trust S-Network Future Vehicles & Technology ETF

First Trust

Annual cost

0.70%

Fund size

$51M

Key differences

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

Side-by-side comparison

FTLSCARZ
Annual cost (TER)1.38%0.70%
Fund size (AUM)$2.3B$51M
Since20142011
Dividend yield0.91%1.62%
Asset classalternativeequity
Regionnorth america
Strategylong shortindex tracking
CAGR 1Y+15.8%+114.2%
CAGR 3Y+14.6%+35.1%
CAGR 5Y+10.7%+18.4%
Sharpe 3Y1.071.13
Volatility 1Y8.19%26.03%
Max drawdown-20.54%-51.20%

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

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