Screener
FTLS vs FAAR
First Trust Long/Short Equity ETF vs First Trust Alternative Absolute Return Strategy ETF
Key differences
Both FTLS and FAAR are alternative ETFs. FTLS charges 1.38% a year and FAAR 0.98%. The main difference: FAAR costs 0.40% less per year.
- FAAR costs 0.40% less per year.
- FTLS is much larger than FAAR. Larger funds are usually more liquid and less likely to close.
- Over the last three years, FTLS has delivered higher annualized returns.
Side-by-side comparison
| FTLS | FAAR | |
|---|---|---|
| Annual cost (TER) | 1.38% | 0.98% |
| Fund size (AUM) | $2.3B | $176M |
| Since | 2014 | 2016 |
| Dividend yield | 0.90% | 9.19% |
| Asset class | alternative | alternative |
| Region | north america | north america |
| Strategy | long short | long short |
| CAGR 1Y | +14.5% | +33.2% |
| CAGR 3Y | +14.1% | +11.1% |
| CAGR 5Y | +10.0% | +7.4% |
| Sharpe 3Y | 1.02 | 0.67 |
| Volatility 1Y | 8.36% | 13.49% |
| Max drawdown | -20.54% | -18.03% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.