Screener
FTLS vs LALT
First Trust Long/Short Equity ETF vs First Trust Multi-Strategy Alternative ETF
Key differences
Both FTLS and LALT are alternative ETFs. FTLS charges 1.38% a year and LALT 1.18%. The main difference: FTLS follows a long short strategy; LALT uses multi strategy.
- FTLS follows a long short strategy; LALT uses multi strategy.
- LALT costs 0.20% less per year.
- FTLS is much larger than LALT. Larger funds are usually more liquid and less likely to close.
- Over the last three years, FTLS has delivered higher annualized returns.
- FTLS has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FTLS | LALT | |
|---|---|---|
| Annual cost (TER) | 1.38% | 1.18% |
| Fund size (AUM) | $2.3B | $65M |
| Since | 2014 | 2023 |
| Dividend yield | 0.90% | 3.68% |
| Asset class | alternative | alternative |
| Region | north america | — |
| Strategy | long short | multi strategy |
| CAGR 1Y | +14.5% | +19.2% |
| CAGR 3Y | +14.1% | +10.1% |
| CAGR 5Y | +10.0% | N/A |
| Sharpe 3Y | 1.02 | 1.04 |
| Volatility 1Y | 8.36% | 7.01% |
| Max drawdown | -20.54% | -6.96% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.