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FTLS vs XNAV

First Trust Long/Short Equity ETF vs FundX Aggressive ETF

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

XNAV

FundX Aggressive ETF

Fund X

Annual cost

1.27%

Fund size

$31M

Key differences

  • XNAV costs 0.11% less per year.
  • FTLS is significantly larger than XNAV — larger funds tend to be more liquid and less likely to close.
  • FTLS follows a long short strategy; XNAV uses active selection.
  • Over the last 3 years, XNAV has delivered higher annualized returns.
  • XNAV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTLSXNAV
Annual cost (TER)1.38%1.27%
Fund size (AUM)$2.3B$31M
Since20142002
Dividend yield0.91%0.51%
Asset classalternativealternative
Regionnorth america
Strategylong shortactive selection
CAGR 1Y+15.7%+41.8%
CAGR 3Y+14.8%+24.6%
CAGR 5Y+10.5%N/A
Sharpe 3Y1.091.06
Volatility 1Y8.19%16.40%
Max drawdown-20.54%-24.27%

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

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