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HFEQ vs FTLS

Unlimited HFEQ Equity Long/Short ETF vs First Trust Long/Short Equity ETF

HFEQ

Unlimited HFEQ Equity Long/Short ETF

Unlimited

Annual cost

0.96%

Fund size

$19M

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

Key differences

  • HFEQ costs 0.42% less per year.
  • FTLS is significantly larger than HFEQ — larger funds tend to be 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

HFEQFTLS
Annual cost (TER)0.96%1.38%
Fund size (AUM)$19M$2.3B
Since20252014
Dividend yield0.91%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortlong short
CAGR 1YN/A+15.7%
CAGR 3YN/A+14.8%
CAGR 5YN/A+10.5%
Sharpe 3YN/A1.09
Volatility 1Y8.19%
Max drawdown-12.45%-20.54%

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

Similar to HFEQ and FTLS