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FTLS vs FTXN

First Trust Long/Short Equity ETF vs First Trust Nasdaq Oil & Gas ETF

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

FTXN

First Trust Nasdaq Oil & Gas ETF

First Trust

Annual cost

0.60%

Fund size

$158M

Key differences

  • FTXN costs 0.78% less per year.
  • FTLS is significantly larger than FTXN — larger funds tend to be more liquid and less likely to close.
  • FTLS is classified as alternative, while FTXN is equity — different risk/return profiles.
  • FTLS follows a long short strategy; FTXN uses index tracking.

Side-by-side comparison

FTLSFTXN
Annual cost (TER)1.38%0.60%
Fund size (AUM)$2.3B$158M
Since20142016
Dividend yield0.91%1.99%
Asset classalternativeequity
Regionnorth americanorth america
Strategylong shortindex tracking
CAGR 1Y+15.8%+39.6%
CAGR 3Y+14.6%+14.5%
CAGR 5Y+10.7%+19.3%
Sharpe 3Y1.070.54
Volatility 1Y8.19%22.97%
Max drawdown-20.54%-73.49%

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

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