Screener
FTLS vs CLIX
First Trust Long/Short Equity ETF vs ProShares Long Online/Short Stores ETF
Key differences
FTLS is an alternative ETF, while CLIX is an equity ETF. FTLS charges 1.38% a year and CLIX 0.65%.
- FTLS is an alternative fund, while CLIX is an equity fund. They carry different risk/return profiles.
- FTLS follows a long short strategy; CLIX uses inverse.
- CLIX costs 0.73% less per year.
- FTLS is much larger than CLIX. Larger funds are usually more liquid and less likely to close.
- Over the last three years, CLIX has delivered higher annualized returns.
Side-by-side comparison
| FTLS | CLIX | |
|---|---|---|
| Annual cost (TER) | 1.38% | 0.65% |
| Fund size (AUM) | $2.3B | $7M |
| Since | 2014 | 2017 |
| Dividend yield | 0.90% | 0.55% |
| Asset class | alternative | equity |
| Region | north america | north america |
| Strategy | long short | inverse |
| CAGR 1Y | +12.7% | +7.5% |
| CAGR 3Y | +14.1% | +18.3% |
| CAGR 5Y | +10.0% | -6.8% |
| Sharpe 3Y | 1.02 | 0.74 |
| Volatility 1Y | 8.29% | 21.01% |
| Max drawdown | -20.54% | -73.21% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.