Screener
FTLS vs NOEQ
First Trust Long/Short Equity ETF vs Northern Trust Us Equity Etf
Key differences
- NOEQ costs 1.26% less per year.
- FTLS is classified as alternative, while NOEQ is equity — different risk/return profiles.
- FTLS follows a long short strategy; NOEQ uses index tracking.
- FTLS has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FTLS | NOEQ | |
|---|---|---|
| Annual cost (TER) | 1.38% | 0.12% |
| Fund size (AUM) | $2.3B | $833M |
| Since | 2014 | 2026 |
| Dividend yield | 0.91% | — |
| Asset class | alternative | equity |
| Region | north america | north america |
| Strategy | long short | index tracking |
| CAGR 1Y | +15.7% | N/A |
| CAGR 3Y | +14.8% | N/A |
| CAGR 5Y | +10.5% | N/A |
| Sharpe 3Y | 1.09 | N/A |
| Volatility 1Y | 8.19% | — |
| Max drawdown | -20.54% | -2.99% |
Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.
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