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FTSL vs KMAR

First Trust Senior Loan Fund vs Innovator U.S. Small Cap Power Buffer ETF - March

FTSL

First Trust Senior Loan Fund

First Trust

Annual cost

0.70%

Fund size

$2.3B

KMAR

Innovator U.S. Small Cap Power Buffer ETF - March

Innovator ETFs

Annual cost

0.79%

Fund size

$35M

Key differences

  • FTSL costs 0.09% less per year.
  • FTSL is significantly larger than KMAR — larger funds tend to be more liquid and less likely to close.
  • FTSL is classified as fixed income, while KMAR is alternative — different risk/return profiles.
  • FTSL follows a index tracking strategy; KMAR uses structured outcome.
  • FTSL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FTSLKMAR
Annual cost (TER)0.70%0.79%
Fund size (AUM)$2.3B$35M
Since20132025
Dividend yield6.50%0.00%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyindex trackingstructured outcome
CAGR 1Y+4.9%+26.0%
CAGR 3Y+7.5%N/A
CAGR 5Y+5.1%N/A
Sharpe 3Y1.53N/A
Volatility 1Y2.12%9.38%
Max drawdown-22.67%-10.06%

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

Similar to FTSL and KMAR