Screener
FTLS vs SPBC
First Trust Long/Short Equity ETF vs Simplify US Equity PLUS Bitcoin Strategy ETF
Key differences
Both FTLS and SPBC are alternative ETFs. FTLS charges 1.38% a year and SPBC 0.54%. The main difference: FTLS follows a long short strategy; SPBC uses multi strategy.
- FTLS follows a long short strategy; SPBC uses multi strategy.
- SPBC costs 0.84% less per year.
- FTLS is much larger than SPBC. Larger funds are usually more liquid and less likely to close.
- Over the last three years, SPBC has delivered higher annualized returns.
- FTLS has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FTLS | SPBC | |
|---|---|---|
| Annual cost (TER) | 1.38% | 0.54% |
| Fund size (AUM) | $2.3B | $45M |
| Since | 2014 | 2021 |
| Dividend yield | 0.90% | 0.82% |
| Asset class | alternative | alternative |
| Region | north america | north america |
| Strategy | long short | multi strategy |
| CAGR 1Y | +14.5% | +17.8% |
| CAGR 3Y | +14.1% | +27.7% |
| CAGR 5Y | +10.0% | +15.7% |
| Sharpe 3Y | 1.02 | 1.27 |
| Volatility 1Y | 8.36% | 14.86% |
| Max drawdown | -20.54% | -33.81% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.