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FTLS vs FDRS

First Trust Long/Short Equity ETF vs Corgi ETF Trust I

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

FDRS

Corgi ETF Trust I

Corgi Funds

Annual cost

0.49%

Fund size

$77M

Key differences

  • FDRS costs 0.89% less per year.
  • FTLS is significantly larger than FDRS — larger funds tend to be more liquid and less likely to close.
  • FTLS follows a long short strategy; FDRS uses leveraged.
  • FTLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTLSFDRS
Annual cost (TER)1.38%0.49%
Fund size (AUM)$2.3B$77M
Since20142025
Dividend yield0.91%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortleveraged
CAGR 1Y+15.8%N/A
CAGR 3Y+14.6%N/A
CAGR 5Y+10.7%N/A
Sharpe 3Y1.07N/A
Volatility 1Y8.19%
Max drawdown-20.54%-21.64%

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

Similar to FTLS and FDRS