Screener
FTLS vs HEQT
First Trust Long/Short Equity ETF vs Simplify Hedged Equity ETF
Key differences
Both FTLS and HEQT are alternative ETFs. FTLS charges 1.38% a year and HEQT 0.43%. The main difference: HEQT costs 0.95% less per year.
- HEQT costs 0.95% less per year.
- FTLS is much larger than HEQT. Larger funds are usually more liquid and less likely to close.
- FTLS has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FTLS | HEQT | |
|---|---|---|
| Annual cost (TER) | 1.38% | 0.43% |
| Fund size (AUM) | $2.3B | $323M |
| Since | 2014 | 2021 |
| Dividend yield | 0.90% | 1.19% |
| Asset class | alternative | alternative |
| Region | north america | north america |
| Strategy | long short | long short |
| CAGR 1Y | +12.1% | +12.7% |
| CAGR 3Y | +13.4% | +12.9% |
| CAGR 5Y | +9.8% | N/A |
| Sharpe 3Y | 0.96 | 1.12 |
| Volatility 1Y | 8.31% | 6.49% |
| Max drawdown | -20.54% | -11.51% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.