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FTLS vs CTAP

First Trust Long/Short Equity ETF vs Simplify US Equity PLUS Managed Futures Strategy ETF

FTLS

First Trust Long/Short Equity ETF

Annual cost

1.38%

Fund size

$2.3B

CTAP

Simplify US Equity PLUS Managed Futures Strategy ETF

Annual cost

Fund size

Key differences

Both FTLS and CTAP are alternative ETFs. The main difference: FTLS follows a long short strategy; CTAP uses managed futures.

  • FTLS follows a long short strategy; CTAP uses managed futures.

Side-by-side comparison

FTLSCTAP
Annual cost (TER)1.38%
Fund size (AUM)$2.3B
Since2014
Dividend yield0.90%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortmanaged futures
CAGR 1Y+14.5%N/A
CAGR 3Y+14.1%N/A
CAGR 5Y+10.0%N/A
Sharpe 3Y1.02N/A
Volatility 1Y8.36%
Max drawdown-20.54%-11.49%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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