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FTLS vs FTGS

First Trust Long/Short Equity ETF vs First Trust Growth Strength ETF

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

FTGS

First Trust Growth Strength ETF

First Trust

Annual cost

0.60%

Fund size

$1.2B

Key differences

  • FTGS costs 0.78% less per year.
  • FTLS is classified as alternative, while FTGS is equity — different risk/return profiles.
  • FTLS follows a long short strategy; FTGS uses index tracking.
  • Over the last 3 years, FTGS has delivered higher annualized returns.
  • FTLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTLSFTGS
Annual cost (TER)1.38%0.60%
Fund size (AUM)$2.3B$1.2B
Since20142022
Dividend yield0.91%0.09%
Asset classalternativeequity
Regionnorth americanorth america
Strategylong shortindex tracking
CAGR 1Y+15.7%+12.9%
CAGR 3Y+14.8%+19.9%
CAGR 5Y+10.5%N/A
Sharpe 3Y1.090.97
Volatility 1Y8.19%13.50%
Max drawdown-20.54%-19.99%

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

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