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FTLS vs ONLN

First Trust Long/Short Equity ETF vs ProShares Online Retail ETF

FTLS

First Trust Long/Short Equity ETF

Annual cost

1.38%

Fund size

$2.3B

ONLN

ProShares Online Retail ETF

Annual cost

0.58%

Fund size

$66M

Key differences

FTLS is an alternative ETF, while ONLN is an equity ETF. FTLS charges 1.38% a year and ONLN 0.58%.

  • FTLS is an alternative fund, while ONLN is an equity fund. They carry different risk/return profiles.
  • FTLS follows a long short strategy; ONLN uses index tracking.
  • FTLS covers North America; ONLN covers global markets.
  • ONLN costs 0.80% less per year.
  • FTLS is much larger than ONLN. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, ONLN has delivered higher annualized returns.

Side-by-side comparison

FTLSONLN
Annual cost (TER)1.38%0.58%
Fund size (AUM)$2.3B$66M
Since20142018
Dividend yield0.90%0.33%
Asset classalternativeequity
Regionnorth americaglobal
Strategylong shortindex tracking
CAGR 1Y+12.7%+7.4%
CAGR 3Y+14.1%+22.0%
CAGR 5Y+10.0%-6.5%
Sharpe 3Y1.020.76
Volatility 1Y8.29%23.81%
Max drawdown-20.54%-71.77%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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