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FTLS vs INKM

First Trust Long/Short Equity ETF vs State Street Income Allocation ETF

FTLS

First Trust Long/Short Equity ETF

Annual cost

1.38%

Fund size

$2.3B

INKM

State Street Income Allocation ETF

Annual cost

0.50%

Fund size

$75M

Key differences

FTLS is an alternative ETF, while INKM is a mixed asset ETF. FTLS charges 1.38% a year and INKM 0.50%.

  • FTLS is an alternative fund, while INKM is a mixed asset fund. They carry different risk/return profiles.
  • FTLS follows a long short strategy; INKM uses active selection.
  • INKM costs 0.88% less per year.
  • FTLS is much larger than INKM. 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

FTLSINKM
Annual cost (TER)1.38%0.50%
Fund size (AUM)$2.3B$75M
Since20142012
Dividend yield0.90%4.85%
Asset classalternativemixed asset
Regionnorth america
Strategylong shortactive selection
CAGR 1Y+14.5%+13.0%
CAGR 3Y+14.1%+9.9%
CAGR 5Y+10.0%+3.9%
Sharpe 3Y1.020.83
Volatility 1Y8.36%6.08%
Max drawdown-20.54%-28.58%

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

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