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FTXO vs FTLS

First Trust Nasdaq Bank ETF vs First Trust Long/Short Equity ETF

FTXO

First Trust Nasdaq Bank ETF

First Trust

Annual cost

0.60%

Fund size

$314M

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

Key differences

  • FTXO costs 0.78% less per year.
  • FTLS is significantly larger than FTXO — larger funds tend to be more liquid and less likely to close.
  • FTXO is classified as equity, while FTLS is alternative — different risk/return profiles.
  • FTXO follows a index tracking strategy; FTLS uses long short.
  • Over the last 3 years, FTXO has delivered higher annualized returns.

Side-by-side comparison

FTXOFTLS
Annual cost (TER)0.60%1.38%
Fund size (AUM)$314M$2.3B
Since20162014
Dividend yield1.73%0.91%
Asset classequityalternative
Regionnorth americanorth america
Strategyindex trackinglong short
CAGR 1Y+27.3%+15.7%
CAGR 3Y+26.0%+14.8%
CAGR 5Y+5.6%+10.5%
Sharpe 3Y0.921.09
Volatility 1Y20.72%8.19%
Max drawdown-55.25%-20.54%

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

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