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FTLS vs RLY

First Trust Long/Short Equity ETF vs State Street Multi-Asset Real Return ETF

FTLS

First Trust Long/Short Equity ETF

Annual cost

1.38%

Fund size

$2.3B

RLY

State Street Multi-Asset Real Return ETF

Annual cost

0.50%

Fund size

$1.2B

Key differences

FTLS is an alternative ETF, while RLY is a fixed income ETF. FTLS charges 1.38% a year and RLY 0.50%.

  • FTLS is an alternative fund, while RLY is a fixed income fund. They carry different risk/return profiles.
  • FTLS follows a long short strategy; RLY uses active selection.
  • RLY costs 0.88% less per year.

Side-by-side comparison

FTLSRLY
Annual cost (TER)1.38%0.50%
Fund size (AUM)$2.3B$1.2B
Since20142012
Dividend yield0.90%2.89%
Asset classalternativefixed income
Regionnorth america
Strategylong shortactive selection
CAGR 1Y+14.5%+28.0%
CAGR 3Y+14.1%+14.0%
CAGR 5Y+10.0%+10.0%
Sharpe 3Y1.020.90
Volatility 1Y8.36%10.38%
Max drawdown-20.54%-34.17%

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

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