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FTLS vs FDT

First Trust Long/Short Equity ETF vs First Trust Developed Markets Ex-US AlphaDEX Fund

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

FDT

First Trust Developed Markets Ex-US AlphaDEX Fund

First Trust

Annual cost

0.80%

Fund size

$1.2B

Key differences

  • FDT costs 0.58% less per year.
  • FTLS is classified as alternative, while FDT is equity — different risk/return profiles.
  • FTLS follows a long short strategy; FDT uses index tracking.
  • Over the last 3 years, FDT has delivered higher annualized returns.

Side-by-side comparison

FTLSFDT
Annual cost (TER)1.38%0.80%
Fund size (AUM)$2.3B$1.2B
Since20142011
Dividend yield0.91%2.98%
Asset classalternativeequity
Regionnorth america
Strategylong shortindex tracking
CAGR 1Y+15.7%+55.9%
CAGR 3Y+14.8%+29.2%
CAGR 5Y+10.5%+12.8%
Sharpe 3Y1.091.38
Volatility 1Y8.19%18.14%
Max drawdown-20.54%-46.10%

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

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