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FTSM vs FTLS

First Trust Enhanced Short Maturity ETF vs First Trust Long/Short Equity ETF

FTSM

First Trust Enhanced Short Maturity ETF

First Trust

Annual cost

0.29%

Fund size

$6.4B

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

Key differences

  • FTSM costs 1.09% less per year.
  • FTSM is classified as fixed income, while FTLS is alternative — different risk/return profiles.
  • FTSM follows a index tracking strategy; FTLS uses long short.
  • Over the last 3 years, FTLS has delivered higher annualized returns.

Side-by-side comparison

FTSMFTLS
Annual cost (TER)0.29%1.38%
Fund size (AUM)$6.4B$2.3B
Since20142014
Dividend yield4.20%0.91%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyindex trackinglong short
CAGR 1Y+4.2%+15.8%
CAGR 3Y+4.9%+14.6%
CAGR 5Y+3.4%+10.7%
Sharpe 3Y2.491.07
Volatility 1Y0.48%8.19%
Max drawdown-4.12%-20.54%

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

Similar to FTSM and FTLS