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FTLS vs LDSF

First Trust Long/Short Equity ETF vs First Trust Low Duration Strategic Focus ETF

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

LDSF

First Trust Low Duration Strategic Focus ETF

First Trust

Annual cost

0.77%

Fund size

$160M

Key differences

  • LDSF costs 0.61% less per year.
  • FTLS is significantly larger than LDSF — larger funds tend to be more liquid and less likely to close.
  • FTLS is classified as alternative, while LDSF is fixed income — different risk/return profiles.
  • FTLS follows a long short strategy; LDSF uses active selection.
  • Over the last 3 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

FTLSLDSF
Annual cost (TER)1.38%0.77%
Fund size (AUM)$2.3B$160M
Since20142019
Dividend yield0.91%4.61%
Asset classalternativefixed income
Regionnorth america
Strategylong shortactive selection
CAGR 1Y+15.7%+5.3%
CAGR 3Y+14.8%+5.2%
CAGR 5Y+10.5%+2.4%
Sharpe 3Y1.090.55
Volatility 1Y8.19%2.05%
Max drawdown-20.54%-8.56%

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

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