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FTLS vs FMF

First Trust Long/Short Equity ETF vs First Trust Managed Futures Strategy Fund

FTLS

First Trust Long/Short Equity ETF

Annual cost

1.38%

Fund size

$2.3B

FMF

First Trust Managed Futures Strategy Fund

Annual cost

0.98%

Fund size

$260M

Key differences

Both FTLS and FMF are alternative ETFs. FTLS charges 1.38% a year and FMF 0.98%. The main difference: FTLS follows a long short strategy; FMF uses managed futures.

  • FTLS follows a long short strategy; FMF uses managed futures.
  • FMF costs 0.40% less per year.
  • FTLS is much larger than FMF. 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

FTLSFMF
Annual cost (TER)1.38%0.98%
Fund size (AUM)$2.3B$260M
Since20142013
Dividend yield0.90%5.01%
Asset classalternativealternative
Regionnorth america
Strategylong shortmanaged futures
CAGR 1Y+14.5%+18.2%
CAGR 3Y+14.1%+6.2%
CAGR 5Y+10.0%+4.2%
Sharpe 3Y1.020.33
Volatility 1Y8.36%9.73%
Max drawdown-20.54%-16.89%

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

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