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INKM vs FTLS

State Street Income Allocation ETF vs First Trust Long/Short Equity ETF

INKM

State Street Income Allocation ETF

Annual cost

0.50%

Fund size

$75M

FTLS

First Trust Long/Short Equity ETF

Annual cost

1.38%

Fund size

$2.3B

Key differences

INKM is a mixed asset ETF, while FTLS is an alternative ETF. INKM charges 0.50% a year and FTLS 1.38%.

  • INKM is a mixed asset fund, while FTLS is an alternative fund. They carry different risk/return profiles.
  • INKM follows a active selection strategy; FTLS uses long short.
  • INKM costs 0.88% less per year.
  • FTLS is much larger than INKM. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FTLS has delivered higher annualized returns.

Side-by-side comparison

INKMFTLS
Annual cost (TER)0.50%1.38%
Fund size (AUM)$75M$2.3B
Since20122014
Dividend yield4.85%0.90%
Asset classmixed assetalternative
Regionnorth america
Strategyactive selectionlong short
CAGR 1Y+13.0%+14.5%
CAGR 3Y+9.9%+14.1%
CAGR 5Y+3.9%+10.0%
Sharpe 3Y0.831.02
Volatility 1Y6.08%8.36%
Max drawdown-28.58%-20.54%

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

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