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FTLS vs HISF

First Trust Long/Short Equity ETF vs First Trust High Income Strategic Focus ETF

FTLS

First Trust Long/Short Equity ETF

Annual cost

1.38%

Fund size

$2.3B

HISF

First Trust High Income Strategic Focus ETF

Annual cost

0.83%

Fund size

$96M

Key differences

FTLS is an alternative ETF, while HISF is a fixed income ETF. FTLS charges 1.38% a year and HISF 0.83%.

  • FTLS is an alternative fund, while HISF is a fixed income fund. They carry different risk/return profiles.
  • FTLS follows a long short strategy; HISF uses active selection.
  • HISF costs 0.55% less per year.
  • FTLS is much larger than HISF. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FTLS has delivered higher annualized returns.

Side-by-side comparison

FTLSHISF
Annual cost (TER)1.38%0.83%
Fund size (AUM)$2.3B$96M
Since20142014
Dividend yield0.90%4.99%
Asset classalternativefixed income
Regionnorth americanorth america
Strategylong shortactive selection
CAGR 1Y+14.5%+5.3%
CAGR 3Y+14.1%+5.1%
CAGR 5Y+10.0%+1.6%
Sharpe 3Y1.020.34
Volatility 1Y8.36%3.32%
Max drawdown-20.54%-27.86%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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