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FTLS vs KNOW

First Trust Long/Short Equity ETF vs Fundamentals First ETF

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

KNOW

Fundamentals First ETF

Mason Capital Partners

Annual cost

1.09%

Fund size

$7M

Key differences

  • KNOW costs 0.29% less per year.
  • FTLS is significantly larger than KNOW — larger funds tend to be more liquid and less likely to close.
  • FTLS is classified as alternative, while KNOW is mixed asset — different risk/return profiles.
  • FTLS follows a long short strategy; KNOW uses active selection.
  • FTLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTLSKNOW
Annual cost (TER)1.38%1.09%
Fund size (AUM)$2.3B$7M
Since20142024
Dividend yield0.91%1.37%
Asset classalternativemixed asset
Regionnorth america
Strategylong shortactive selection
CAGR 1Y+15.7%+20.3%
CAGR 3Y+14.8%N/A
CAGR 5Y+10.5%N/A
Sharpe 3Y1.09N/A
Volatility 1Y8.19%9.73%
Max drawdown-20.54%-15.99%

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

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