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FTLS vs XFLX

First Trust Long/Short Equity ETF vs FundX Flexible ETF

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

XFLX

FundX Flexible ETF

Fund X

Annual cost

0.97%

Fund size

$49M

Key differences

  • XFLX costs 0.41% less per year.
  • FTLS is significantly larger than XFLX — larger funds tend to be more liquid and less likely to close.
  • FTLS is classified as alternative, while XFLX is fixed income — different risk/return profiles.
  • FTLS follows a long short strategy; XFLX uses active selection.
  • XFLX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTLSXFLX
Annual cost (TER)1.38%0.97%
Fund size (AUM)$2.3B$49M
Since20142002
Dividend yield0.91%9.73%
Asset classalternativefixed income
Regionnorth america
Strategylong shortactive selection
CAGR 1Y+15.7%+5.1%
CAGR 3Y+14.8%N/A
CAGR 5Y+10.5%N/A
Sharpe 3Y1.09N/A
Volatility 1Y8.19%3.52%
Max drawdown-20.54%-6.54%

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

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