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FTLS vs FTBI
First Trust Long/Short Equity ETF vs First Trust Balanced Income ETF
Key differences
- FTBI costs 0.41% less per year.
- FTLS is significantly larger than FTBI — larger funds tend to be more liquid and less likely to close.
- FTLS is classified as alternative, while FTBI is mixed asset — different risk/return profiles.
- FTLS follows a long short strategy; FTBI uses index tracking.
- FTLS has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FTLS | FTBI | |
|---|---|---|
| Annual cost (TER) | 1.38% | 0.97% |
| Fund size (AUM) | $2.3B | $20M |
| Since | 2014 | 2025 |
| Dividend yield | 0.91% | — |
| Asset class | alternative | mixed asset |
| Region | north america | north america |
| Strategy | long short | index tracking |
| CAGR 1Y | +15.7% | N/A |
| CAGR 3Y | +14.8% | N/A |
| CAGR 5Y | +10.5% | N/A |
| Sharpe 3Y | 1.09 | N/A |
| Volatility 1Y | 8.19% | — |
| Max drawdown | -20.54% | -5.34% |
Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.
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