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FTLS vs LSEQ

First Trust Long/Short Equity ETF vs Harbor Long-Short Equity ETF

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

LSEQ

Harbor Long-Short Equity ETF

Harbor Capital Advisors Inc

Annual cost

2.28%

Fund size

$15M

Key differences

  • FTLS costs 0.90% less per year.
  • FTLS is significantly larger than LSEQ — larger funds tend to be more liquid and less likely to close.
  • FTLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTLSLSEQ
Annual cost (TER)1.38%2.28%
Fund size (AUM)$2.3B$15M
Since20142023
Dividend yield0.91%1.78%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortlong short
CAGR 1Y+15.7%+19.7%
CAGR 3Y+14.8%N/A
CAGR 5Y+10.5%N/A
Sharpe 3Y1.09N/A
Volatility 1Y8.19%14.96%
Max drawdown-20.54%-8.35%

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

Similar to FTLS and LSEQ