Screener
FTLS vs ILDR
First Trust Long/Short Equity ETF vs First Trust Innovation Leaders ETF
Key differences
- ILDR costs 0.63% less per year.
- FTLS is significantly larger than ILDR — larger funds tend to be more liquid and less likely to close.
- FTLS is classified as alternative, while ILDR is equity — different risk/return profiles.
- FTLS follows a long short strategy; ILDR uses index tracking.
- Over the last 3 years, ILDR has delivered higher annualized returns.
- FTLS has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FTLS | ILDR | |
|---|---|---|
| Annual cost (TER) | 1.38% | 0.75% |
| Fund size (AUM) | $2.3B | $243M |
| Since | 2014 | 2021 |
| Dividend yield | 0.91% | 0.00% |
| Asset class | alternative | equity |
| Region | north america | — |
| Strategy | long short | index tracking |
| CAGR 1Y | +15.8% | +46.7% |
| CAGR 3Y | +14.6% | +31.7% |
| CAGR 5Y | +10.7% | N/A |
| Sharpe 3Y | 1.07 | 1.16 |
| Volatility 1Y | 8.19% | 21.02% |
| Max drawdown | -20.54% | -44.61% |
Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.
Similar to FTLS and ILDR
Explore further