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HEQT vs FTLS

Simplify Hedged Equity ETF vs First Trust Long/Short Equity ETF

HEQT

Simplify Hedged Equity ETF

Annual cost

0.43%

Fund size

$323M

FTLS

First Trust Long/Short Equity ETF

Annual cost

1.38%

Fund size

$2.3B

Key differences

Both HEQT and FTLS are alternative ETFs. HEQT charges 0.43% a year and FTLS 1.38%. The main difference: HEQT costs 0.95% less per year.

  • HEQT costs 0.95% less per year.
  • FTLS is much larger than HEQT. Larger funds are usually more liquid and less likely to close.
  • FTLS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HEQTFTLS
Annual cost (TER)0.43%1.38%
Fund size (AUM)$323M$2.3B
Since20212014
Dividend yield1.19%0.90%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortlong short
CAGR 1Y+12.7%+12.1%
CAGR 3Y+12.9%+13.4%
CAGR 5YN/A+9.8%
Sharpe 3Y1.120.96
Volatility 1Y6.49%8.31%
Max drawdown-11.51%-20.54%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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