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FTLS vs FSIG

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

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

FSIG

First Trust Limited Duration Investment Grade Corporate ETF

First Trust

Annual cost

0.44%

Fund size

$1.5B

Key differences

  • FSIG costs 0.94% less per year.
  • FTLS is classified as alternative, while FSIG is fixed income — different risk/return profiles.
  • FTLS follows a long short strategy; FSIG uses index tracking.
  • Over the last 3 years, FTLS has delivered higher annualized returns.
  • FTLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTLSFSIG
Annual cost (TER)1.38%0.44%
Fund size (AUM)$2.3B$1.5B
Since20142021
Dividend yield0.91%4.60%
Asset classalternativefixed income
Regionnorth americanorth america
Strategylong shortindex tracking
CAGR 1Y+15.7%+4.6%
CAGR 3Y+14.8%+5.0%
CAGR 5Y+10.5%N/A
Sharpe 3Y1.090.50
Volatility 1Y8.19%2.27%
Max drawdown-20.54%-6.89%

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

Similar to FTLS and FSIG