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FTLS vs QTEC

First Trust Long/Short Equity ETF vs First Trust NASDAQ-100-Technology Sector Index Fund

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

QTEC

First Trust NASDAQ-100-Technology Sector Index Fund

First Trust

Annual cost

0.55%

Fund size

$3.1B

Key differences

  • QTEC costs 0.83% less per year.
  • FTLS is classified as alternative, while QTEC is equity — different risk/return profiles.
  • FTLS follows a long short strategy; QTEC uses index tracking.
  • Over the last 3 years, QTEC has delivered higher annualized returns.
  • QTEC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTLSQTEC
Annual cost (TER)1.38%0.55%
Fund size (AUM)$2.3B$3.1B
Since20142006
Dividend yield0.91%0.00%
Asset classalternativeequity
Regionnorth americanorth america
Strategylong shortindex tracking
CAGR 1Y+15.7%+57.1%
CAGR 3Y+14.8%+33.3%
CAGR 5Y+10.5%+16.9%
Sharpe 3Y1.091.10
Volatility 1Y8.19%22.59%
Max drawdown-20.54%-45.54%

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

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