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FTLS vs CCOR

First Trust Long/Short Equity ETF vs Core Alternative ETF

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

CCOR

Core Alternative ETF

Core Alternative Capital

Annual cost

1.29%

Fund size

$28M

Key differences

  • CCOR costs 0.09% less per year.
  • FTLS is significantly larger than CCOR — larger funds tend to be more liquid and less likely to close.
  • FTLS follows a long short strategy; CCOR uses option income.
  • Over the last 3 years, FTLS has delivered higher annualized returns.

Side-by-side comparison

FTLSCCOR
Annual cost (TER)1.38%1.29%
Fund size (AUM)$2.3B$28M
Since20142017
Dividend yield0.91%1.08%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortoption income
CAGR 1Y+15.7%-4.9%
CAGR 3Y+14.8%-2.5%
CAGR 5Y+10.5%-2.3%
Sharpe 3Y1.09-0.56
Volatility 1Y8.19%6.92%
Max drawdown-20.54%-22.99%

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

Similar to FTLS and CCOR