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FTLS vs FIIG

First Trust Long/Short Equity ETF vs First Trust Intermediate Duration Investment Grade Corporate ETF

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

FIIG

First Trust Intermediate Duration Investment Grade Corporate ETF

First Trust Advisors L.P.

Annual cost

0.49%

Fund size

$671M

Key differences

  • FIIG costs 0.89% less per year.
  • FTLS is significantly larger than FIIG — larger funds tend to be more liquid and less likely to close.
  • FTLS is classified as alternative, while FIIG is fixed income — different risk/return profiles.
  • FTLS follows a long short strategy; FIIG uses index tracking.
  • FTLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTLSFIIG
Annual cost (TER)1.38%0.49%
Fund size (AUM)$2.3B$671M
Since20142023
Dividend yield0.91%4.64%
Asset classalternativefixed income
Regionnorth americanorth america
Strategylong shortindex tracking
CAGR 1Y+15.7%+6.3%
CAGR 3Y+14.8%N/A
CAGR 5Y+10.5%N/A
Sharpe 3Y1.09N/A
Volatility 1Y8.19%4.67%
Max drawdown-20.54%-5.50%

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

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