Screener
FTLS vs MMLG
First Trust Long/Short Equity ETF vs First Trust Multi-Manager Large Growth ETF
Key differences
- MMLG costs 0.53% less per year.
- FTLS is significantly larger than MMLG — larger funds tend to be more liquid and less likely to close.
- FTLS is classified as alternative, while MMLG is equity — different risk/return profiles.
- FTLS follows a long short strategy; MMLG uses active selection.
- Over the last 3 years, MMLG has delivered higher annualized returns.
- FTLS has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FTLS | MMLG | |
|---|---|---|
| Annual cost (TER) | 1.38% | 0.85% |
| Fund size (AUM) | $2.3B | $88M |
| Since | 2014 | 2020 |
| Dividend yield | 0.91% | 0.00% |
| Asset class | alternative | equity |
| Region | north america | north america |
| Strategy | long short | active selection |
| CAGR 1Y | +15.7% | +17.2% |
| CAGR 3Y | +14.8% | +22.7% |
| CAGR 5Y | +10.5% | +8.5% |
| Sharpe 3Y | 1.09 | 0.90 |
| Volatility 1Y | 8.19% | 18.13% |
| Max drawdown | -20.54% | -45.97% |
Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.
Similar to FTLS and MMLG
Explore further