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FTLS vs XPND

First Trust Long/Short Equity ETF vs First Trust Expanded Technology ETF

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

XPND

First Trust Expanded Technology ETF

First Trust

Annual cost

0.65%

Fund size

$37M

Key differences

  • XPND costs 0.73% less per year.
  • FTLS is significantly larger than XPND — larger funds tend to be more liquid and less likely to close.
  • FTLS is classified as alternative, while XPND is equity — different risk/return profiles.
  • FTLS follows a long short strategy; XPND uses active selection.
  • Over the last 3 years, XPND has delivered higher annualized returns.
  • FTLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTLSXPND
Annual cost (TER)1.38%0.65%
Fund size (AUM)$2.3B$37M
Since20142021
Dividend yield0.91%0.10%
Asset classalternativeequity
Regionnorth americanorth america
Strategylong shortactive selection
CAGR 1Y+15.7%+27.8%
CAGR 3Y+14.8%+28.9%
CAGR 5Y+10.5%N/A
Sharpe 3Y1.091.14
Volatility 1Y8.19%17.70%
Max drawdown-20.54%-38.00%

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

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